The crypto market experienced a sharp downturn on Monday, with recent top-performing assets such as XRP (XRP), Tron (TRX), and Cardano (ADA) taking substantial hits. This follows weeks of explosive rallies that had stunned market observers, propelling these “dino coins” to unexpected highs. These altcoins saw steep declines as Bitcoin’s retreat from $100K triggered widespread liquidations and a market-wide selloff.…
The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light, […] Source: https://news.bitcoin.com/brazilian-central-bank-may-withdraw-provisions-banning-stablecoin-self-custody/
BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model. Source: https://cointelegraph.com/news/crypto-bitgo-bitcoin-yield-dual-staking-core?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory clarity to push the bitcoin industry to new heights. The companies offering these investment tools have registered inflows of close to $10 billion since November 5, boosting […] Source: https://news.bitcoin.com/trump-effect-bitcoin-etfs-attract-10-billion-inflows-since-election-day/
Quantum computing raises concerns over the security of Satoshi Nakamoto’s 1 million Bitcoin, sparking debates on freezing vulnerable holdings to safeguard the network’s future. Source: https://cointelegraph.com/news/quantum-computing-satoshi-bitcoin-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin and crypto liquidations pile up amid “unusual” conditions which began with Coinbase traders offloading BTC. Source: https://cointelegraph.com/news/bitcoin-most-liquidations-since-2021-crazy-reset-wipes-1-6-b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation. Source: https://cointelegraph.com/news/vancouver-bitcoin-friendly-city-financial-strategies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently teased the impending launch of SBTC, a 1:1 bitcoin-backed asset designed to bridge bitcoin with decentralized finance (defi) and Web3. This was stated in an […] Source: https://news.bitcoin.com/stacks-to-launch-sbtc-in-boost-to-bitcoin-defi-ecosystem/
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore how stablecoins might help re-energize the Bolivian economy, facing a dollar scarcity period due to its fixed exchange rate. Latam Insights Encore: Stablecoins Might Help Bolivia Move Its Stalled Economy […] Source: https://news.bitcoin.com/latam-insights-encore-bolivias-dollar-starved-economy-calls-for-stablecoin-help/
Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto. Source: https://cointelegraph.com/news/abdu-rozik-crypto-interview-bitcoin-mena-event?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
