Michael Saylor recently expressed support for Bitcoin self-custody, emphasizing it as a fundamental right in response to backlash over his earlier proposal favoring institutional custody. He clarified that individuals and institutions should have the freedom to choose how they manage their crypto assets, stating that “Bitcoin can benefit from various forms of investment by diverse entities.” Saylor tweeted, “I support…
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing complex issues and the need for collaboration with other […] Source: https://news.bitcoin.com/norways-central-bank-on-cbdc-progress-were-not-falling-behind/
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches. Source: https://cointelegraph.com/news/ethereum-upgrade-enables-nodes-on-phones-smart-watches?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin rebounds from ten-day lows, but two BTC price points now form a new line in the sand for bulls. Source: https://cointelegraph.com/news/bitcoin-must-hold-2021-level-btc-price-dip-over?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank to support new members. He reaffirmed Iran’s commitment to reshaping […] Source: https://news.bitcoin.com/iran-warns-brics-of-big-threat-from-western-payment-systems-vows-to-end-dependence/
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government interference, is frequently mistaken for “crony capitalism.” This latter system sees heavy government involvement, often to the advantage of particular businesses or industries through subsidies, […] Source: https://news.bitcoin.com/free-market-capitalism-vs-crony-capitalism-unveiling-the-key-differences/
Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day. Source: https://cointelegraph.com/news/crypto-longs-second-largest-liquidation-day-october-market-steadies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyle, which also reportedly included $100,000 spent on sex workers. Source: https://cointelegraph.com/news/crypto-fraudsters-used-victim-funds-buy-shark-tank-jailed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nearly all of the stolen loot from Radiant Capital has now been moved to the Ethereum network, which usually isn’t a good sign for those hoping for recovery. Source: https://cointelegraph.com/news/radiant-capital-exploiter-moves-52-million-stolen-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange to ensure stable agricultural trade, highlighting efforts to boost cooperation […] Source: https://news.bitcoin.com/russia-pushes-for-new-precious-metals-platform-to-reshape-brics-trade/
