Announcing the withdrawal of the charges, the EFCC lawyer reportedly said that Tigran Gambaryan was merely an employee of Binance. Source: https://cointelegraph.com/news/nigeria-drops-money-laundering-charges-binance-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Revving Up Innovation: Zanzibar Introduces Blockchain Sandbox Program
The Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National Blockchain Network. Zanzibar’s sandbox follows a similar initiative in Tanzania, which aims to streamline regulations […] Source: https://news.bitcoin.com/revving-up-innovation-zanzibar-introduces-blockchain-sandbox-program/
Analyst Predicts Major Dogecoin Breakout
A well-known cryptocurrency analyst, who accurately predicted the fall of Bitcoin in May 2021, is now foreseeing a bright future for the meme-inspired cryptocurrency Dogecoin. The analyst, known as Dave the Wave, with a substantial following on X (formerly Twitter), has suggested that Dogecoin is on the verge of a major breakout, pointing to a key resistance level that, once…
Institutional Investors Hold 20% of US Bitcoin ETFs
Institutional investors now possess approximately 20% of all US-traded spot Bitcoin exchange-traded funds (ETFs). The latest 13F Form filings indicate that these investors collectively hold over 193,000 BTC through Bitcoin ETFs as of October 18. Notable institutional participants in US-traded spot Bitcoin ETFs include $70 billion asset manager Millennium Management, $438 billion trading firm Jane Street, and $2.93 trillion investment…
Can the Golden Cross Push Bitcoin Prices Past $70K?
Bitcoin, the world’s leading cryptocurrency, has failed to break through the $70,000 mark, sparking speculation about the impact of increasing U.S. Treasury yields on its price. While some fear a prolonged decline, others believe that worries about this trend may be exaggerated, with the prevailing sentiment suggesting that Bitcoin is more likely to continue its upward trajectory, especially with the…
Bitcoin Set to Hit $80K No Matter Who Wins the U.S. Election
As the U.S. presidential election approaches, traders are optimistic about the future of Bitcoin (BTC) and predict that the cryptocurrency may reach new highs, potentially hitting $80,000 in the coming weeks. Despite the different stances of the candidates, both Republican Donald Trump and Democrat Kamala Harris, on cryptocurrency regulations, market participants believe that various macroeconomic factors will drive Bitcoin’s price…
Linkedin Under Scrutiny for Potential South African Privacy Violations
A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has urged the country’s data regulator to investigate. Linkedin has however defended its practices, claiming users can opt out of AI training. The data regulator confirmed […] Source: https://news.bitcoin.com/linkedin-under-scrutiny-for-potential-south-african-privacy-violations/
Crypto ‘full of ideas’ generated at universities — UK blockchain exec
The Centre for Blockchain Technologies deputy director Francesco Pierangeli said that regulators should review the latest academic research to help form future regulations. Source: https://cointelegraph.com/news/crypto-full-of-ideas-generated-at-universities-uk-cbt-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan slow to approve crypto ETFs, maintains strict tax, regulations
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Source: https://cointelegraph.com/news/japans-regulatory-stance-stalls-crypto-etfs-global-shifts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Iran Urges BRICS to Create Financial System Free From Western Influence
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of the 16th BRICS Summit, Jalali emphasized the need for BRICS members to create their own financial mechanisms, offering fairer alternatives to Western-imposed regulations. Iranian Ambassador […] Source: https://news.bitcoin.com/iran-urges-brics-to-create-financial-system-free-from-western-influence/