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 Russiaβs 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...
Bitcoin News / Bitcoin.com - 9 months ago
Following the Monday, July 24, launch of the worldcoin (WLD) token, the cryptocurrency quickly peaked at $3.30 per coin but has since depreciated by over 35%. Despite 18 months of beta testing and claims of more than 2 million sign-ups, the token has...
Bitcoin News / Bitcoin.com - 9 months ago
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1...
Bitcoin News / Bitcoin.com - 9 months ago
Dogecoin rose for a third consecutive session on Tuesday, as markets continue to speculate what role the meme coin could play on the newly rebranded X platform. The latest surge took the price to its highest level since early May. Avalanche was anoth...
Bitcoin News / Bitcoin.com - 9 months ago
On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have be...
Bitcoin News / Bitcoin.com - 9 months ago
Worldcoin, the decentralized biometric ID protocol, has officially launched, allowing users to reserve their share of WLD, the incentives-driven token of the protocol, that will be granted when confirming one’s identity using a biometric device...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin rebounded from a one-month low Tuesday, as markets prepare for the upcoming U.S. consumer confidence report. The confidence index is expected to increase to a reading of 111.5 in July, up from 109.7 the month prior. Ethereum also bounced high...
Bitcoin News / Bitcoin.com - 9 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina reached a new agreement with the International Monetary Fund (IMF), Bitfarms will open two bitcoin...
Bitcoin News / Bitcoin.com - 9 months ago
A blockchain-powered decentralized network can offer a “much greater level of security and ownership” of data compared to traditional telecom operators, Micky Watkins, the founder and CEO of World Mobile, has said. Watkins also claims tha...
Bitcoin News / Bitcoin.com - 9 months ago
After the Russian currency touched a year low versus the greenback of nearly 92 units for every dollar, economist Robin Brooks said the ruble has stabilized and may eventually be lifted by rising oil prices. The Institute of International Finance Eco...
Bitcoin News / Bitcoin.com - 9 months ago
PRESS RELEASE. SINGAPORE — TOKEN2049, Asia’s premier Web3 and crypto conference, has announced its first batch of high-profile title sponsors and headline speakers for its much-anticipated Singapore return. TOKEN2049 will take place fro...
Bitcoin News / Bitcoin.com - 9 months ago
Jim Rickards, economist and best-selling author, has explained the possible repercussions of issuing a BRICS bloc currency for the dollar. For Rickards, the “bric” (the name he gives to the BRICS currency) will be anchored (but not redeem...
Bitcoin News / Bitcoin.com - 9 months ago
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, speci...
Bitcoin News / Bitcoin.com - 9 months ago
As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune has signaled that Algeria β Africa’s largest nation β is eager to align itself with the BRICS coalition. He conveyed that this significant alignment with the five major emerging e...
Bitcoin News / Bitcoin.com - 9 months ago
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex) platfor...
Bitcoin News / Bitcoin.com - 9 months ago
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S. do...
Bitcoin News / Bitcoin.com - 9 months ago
In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed t...
Bitcoin News / Bitcoin.com - 9 months ago
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The Cashto...
Bitcoin News / Bitcoin.com - 9 months ago
Dogecoin was one of Monday’s notable gainers, climbing by as much as 5%, following the news that Elon Musk was rebranding Twitter to X. Speculators believe the new platform will allow users to make crypto payments. XRP, on the other hand, fell...
Bitcoin News / Bitcoin.com - 9 months ago
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagg...
Bitcoin News / Bitcoin.com - 9 months ago
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum hit...
Bitcoin News / Bitcoin.com - 9 months ago
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm...
Bitcoin News / Bitcoin.com - 9 months ago
PRESS RELEASE. Turkey, Istanbul – Hagia Sophia, the renowned architectural marvel that has captivated civilizations throughout history, finds a new tribute in the world of digital assets – the GLI Token. This unique cryptocurrency serves...