The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital currency (CBDC) from the Swiss […] Source: https://news.bitcoin.com/world-bank-to-issue-chf-digital-bond-settled-using-swiss-franc-central-bank-digital-currency/
Phantom Wallet has climbed to third position on the utility category on the Apple app store and several crypto commentators are taking it as a bullish signal for Solana. Source: https://cointelegraph.com/news/phantom-wallet-apple-app-store-solana-bullish-signals-crypto-commentators
An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment scam, often known as “pig butchering.” Li and Zhang allegedly managed a global network that laundered proceeds from fraudulent crypto investments, […] Source: https://news.bitcoin.com/us-authorities-arrest-chinese-nationals-allegedly-behind-crypto-scam-network/
Despite ongoing speculation about Bitcoin’s next potential “deep correction,” some cryptocurrency analysts disagree on its likelihood. Source: https://cointelegraph.com/news/bitcoin-deep-correction-doubts-crypto-analysts-price
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away from the U.S. dollar. Russia-Iran Trade Flourishes With National Currencies Iran and Russia are reportedly […] Source: https://news.bitcoin.com/russia-and-iran-collaborating-on-single-brics-currency-iranian-ambassador-says/
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It’s the result of rigorous analysis,” he clarified. This represents a significant increase from his previous estimate of $15,000 by 2026. Jim Rickards’ $27K Gold Prediction Explained Economist Jim Rickards shared his prediction […] Source: https://news.bitcoin.com/economist-jim-rickards-predicts-gold-price-exceeding-27000-says-its-not-a-guess-its-rigorous-analysis/
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional […] Source: https://news.bitcoin.com/blackrock-bitcoin-etf-attracts-414-institutional-holders-analyst-says-ibit-blows-away-record/
Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted. Source: https://cointelegraph.com/magazine/trader-turns-3k-into-46m-pepe-ethereum-gas-overhaul-tornado-cash-dev-guilty-hodlers-digest-may-12-18/
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27. Source: https://cointelegraph.com/news/microsoft-billion-dollar-fine-eu-bing-artificial-intelligence-ai
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly […] Source: https://news.bitcoin.com/chinas-53-3b-divestment-in-us-treasuries-signals-massive-shift-from-dollar-assets/
