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MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
26.2.2024
Billionaire Michael Saylor and his company, MicroStrategy, continue investing heavily in Bitcoin, adding another 3,000 coins for $155 million. As economic conditions continue to evolve, what does this mean for the future of Bitcoin and overall crypto markets?
The post MicroStrategy’s Michael...
Sean Patrick Maloney Will Stop Working on Crypto Issues If Confirmed as OECD Ambassador: Report
15.2.2024
Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD). Maloney reportedly sent a letter to Massachusetts Senator Elizabeth Warren on February 9, committing to resign from...
SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar
15.2.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic...
Argentina Tops Latin America in Stablecoin Purchases and Holdings: Report
13.2.2024
Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leading purchaser and holder of stablecoins in Latin America over the past six months, as per a report by Mexican-founded crypto exchange Bitso. Bitso’s recently published ‘Crypto...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?
9.2.2024
  Bitcoin Price Prediction In the dynamic world of cryptocurrency, Bitcoin continues to capture headlines with its recent surge to $46,000, propelled by significant developments in exchange-traded funds (ETFs) and economic warnings that have caught the attention of investors worldwide. Amidst...
Web3 Importance Highlighted in Alex Tapscott’s New Book
9.2.2024
A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...
Bitcoin Price Prediction: BTC Surges to $46,000 Amidst ETF Boom & Economic Warnings
9.2.2024
As Bitcoin trading around the $46,000 mark with a notable 3.50% surge on Friday, the cryptocurrency world braces for the impact of external financial narratives. Amidst this, MicroStrategy faces a recalibrated price target post-earnings call by BTIG, signaling shifting investor sentiments....
Robert Kiyosaki’s Stark Warning: World Economic Crash on Horizon, No Soft Landing Expected
9.2.2024
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his concerns about the U.S. economy, predicting investor losses amidst bank failures and a global economic crash. “For many years I have warned, ‘Buy gold, silver, bitcoin.’ We are not going in for a soft landing,”...
Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’
6.2.2024
A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, as calling Russian...
Latam Insights: El Salvador Reinforces Its Bitcoin Allegiance, Milei Drops Crypto From Omnibus Bill
5.2.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador to deepen its Bitcoin commitment if President Bukele gets reelected, Argentine President Javier Milei drops crypto tax matters from Omnibus Bill...
Bitcoin and Ethereum Price Prediction as Fed Interest Rate Decision is Announced – New Bull Market Starting?
31.1.2024
Bitcoin and Ethereum Price Prediction In the wake of the Federal Reserve’s latest decision to hold interest rates steady at 5.50%, the financial world turns its gaze to the potential impacts on major cryptocurrencies, notably Bitcoin and Ethereum. This stabilization of the federal funds rate...
Bitcoin Price Prediction: Dips to $43,000 as CBOE Pulls ETF Amid Economic Shift
31.1.2024
In the dynamic world of cryptocurrencies, Bitcoin’s price approaches the $43,000 threshold, marking a decline of over 1.25% on Wednesday. This adjustment in price occurs against the backdrop of significant market and regulatory news. The CBOE Exchange has retracted its application for...
Famed Analyst Richard Bove Says US Dollar Is Finished as World’s Reserve Currency — Expects China to Overtake US Economy
31.1.2024
Renowned financial analyst with over 54 years of experience, Richard Bove, has warned that the U.S. dollar is finished as the world’s reserve currency, cautioning that China will overtake the U.S. economy. He warned that the offshoring of American manufacturing poses a significant threat...
Latam Insights: Argentina’s Milei States Dollarization Is Close, Bitfarms Expands In Paraguay
29.1.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei reiterates dollarization is near, Bitfarms announces a new site in Paraguay, and El Salvador approves a soy-backed token...
Vanguard Says No to Bitcoin ETFs — Views Crypto as ‘Immature Asset Class’ With ‘No Inherent Economic Value’
29.1.2024
Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little history, no inherent economic value, no cash flow,...
Amid Rising ‘National Divorce’ Talks, Exploring the Potential Impact on US Dollar in Hypothetical Second Civil War
26.1.2024
In the wake of Texas Governor Greg Abbott’s latest declaration, emphasizing Texas’ inherent constitutional right to defend itself and pointing to the Biden administration’s lack of enforcement of federal immigration statutes, the rhetoric around a potential “national...
Bitcoin Price Pushes Towards $42,000 as US Core PCE Inflation Data Eases – How High Can BTC Go?
26.1.2024
The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023. US Core PCE Price Index figures showed YoY inflation falling to 2.9%, below the expected rate...
WEF Panelists: Blockchain’s ‘Killer Use Case’ Might Be Tracking AI Model Data Bias
25.1.2024
Using blockchain to stamp out biases in artificial intelligence models might turn out to be the technology’s “killer user case,” executives attending the World Economic Forum in Davos have said. The blockchain firm Casper Labs and the computer giant IBM have partnered to create an...
Chinese Crypto Market Recorded $86.4B in Raw Transaction Volume in a Year, Eclipsing Hong Kong
25.1.2024
In the face of China’s economic downturn and a sluggish stock market, Chinese investors are turning to the crypto market as a safer alternative to traditional investments, despite the government’s crypto ban. Chinese citizens are finding creative ways to enter the crypto market, fueling...