Bitcoin News / Bitcoin.com - 9 months ago
U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the defens...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin edged closer to the $30,000 level on Thursday, as markets reacted to the Federal Reserve’s decision to hike interest rates. The Fed increased rates by 25 basis points, and have hinted that they could make an additional move in Septembe...
Bitcoin News / Bitcoin.com - 9 months ago
Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated legisl...
Bitcoin News / Bitcoin.com - 9 months ago
The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result in “an increase in the volume and activity of wallet holders.” According to the acting gover...
Bitcoin News / Bitcoin.com - 9 months ago
Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier...
Bitcoin News / Bitcoin.com - 9 months ago
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of t...
Bitcoin News / Bitcoin.com - 9 months ago
During a Twitter Spaces event on Wednesday, Robert F. Kennedy Jr., a Democratic U.S. presidential contender, revealed that he acquired 14 bitcoin for his children. This announcement comes on the heels of financial documents filed on June 30, 2023, wh...
Bitcoin News / Bitcoin.com - 9 months ago
A lawyer has outlined four potential next steps that the U.S. Securities and Exchange Commission (SEC) could take following the ruling on the Ripple case regarding XRP. “I expect the SEC to file a request for interlocutory appeal within th...
Bitcoin News / Bitcoin.com - 9 months ago
The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karin...
Bitcoin News / Bitcoin.com - 9 months ago
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known...
Bitcoin News / Bitcoin.com - 9 months ago
Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inhe...
Bitcoin News / Bitcoin.com - 9 months ago
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a...
Bitcoin News / Bitcoin.com - 9 months ago
As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a...
Bitcoin News / Bitcoin.com - 9 months ago
Solana ended a two-day losing streak on Wednesday, as the token surged by as much as 7% in today’s session. The move came following a two-week low on Tuesday, as markets slipped after recent highs. XRP also edged higher, and currently hovers n...
Bitcoin News / Bitcoin.com - 9 months ago
In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations.
Crypto ATM Landscape Rebounds After Downturn
Ever since the...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin consolidated marginally above the $29,000 level on Wednesday, ahead of today’s Federal Open Market Committee (FOMC) meeting. It is widely expected that the Fed will increase rates by 25 basis points, after holding off on hiking last mo...
Bitcoin News / Bitcoin.com - 9 months ago
The newly launched a non-custodial crypto and defi wallet app Wallex.US is making a big splash by becoming the first ever cryptocurrency company sponsoring a major surfing event. The 2023 Wallex US Open of Surfing will be held in Huntington Beach, Ca...
Bitcoin News / Bitcoin.com - 9 months ago
South Africa’s economic well-being is dependent on trade relations with the West, and therefore attempts to bolster relationships with BRICS must not be at the expense of ties to the West, the leader of a South African business association has...
Bitcoin News / Bitcoin.com - 9 months ago
In a recent article, Vladimir Putin, President of the Russian Federation, outlined his thoughts about the emergence of a new multipolar world order. Putin explained this new configuration will allow different regions, including Africa, the Middle Eas...
Bitcoin News / Bitcoin.com - 9 months ago
Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC comp...
Bitcoin News / Bitcoin.com - 9 months ago
A former central banker has explained that three conditions must be met for the Chinese yuan to become a currency on par with the U.S. dollar and the euro. Noting that the yuan is already the third-largest international currency after the USD and the...
Bitcoin News / Bitcoin.com - 9 months ago
The BRICS economic bloc has invited 69 leaders to its upcoming summit, including all African heads of state and the political heads of major Global South bodies. More than 40 countries have expressed interest to join the BRICS group, with 22 nations...
Bitcoin News / Bitcoin.com - 9 months ago
An economist has shared her analysis of how a common BRICS currency could compete with the U.S. dollar. “You need foreign exchange reserves and you need the trust of the investment community,” she explained, noting that the only country i...
Bitcoin News / Bitcoin.com - 9 months ago
President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other transaction...
Bitcoin News / Bitcoin.com - 9 months ago
On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, R...