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BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by...

Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows

Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed str...

Michael Saylor: US Government Should Own Majority of Bitcoin in the World

Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a...

Zimbabwe Injects $50M in Forex Market to Stabilize Currency

Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher than...

Polymarket Bettors Predict 84% Chance of Trump-Harris Debate Before Election

According to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until...

Salvadoran Basic Goods Basket Rose to Historic Highs in June

The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17...

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news f...

Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts

Bitcoin (BTC) is poised for substantial price increases in the coming years, according to a recent survey by Finder. The survey, conducted in July 2024, gathered insights from 32 crypto industry specialists, predicting that bitcoin could reach $87,16...

US Bitcoin ETFs Report $31.16M Inflows on Thursday

Based on Thursday’s data, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows following Wednesday’s increases. Statistics indicate that $31.16 million was absorbed primarily by Blackrock’s...

Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance

Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $67,991 per unit. This increase led to the liquidation of approximately $55.21 million in...

Is This the Official Olympics Token? The Meme Games Token Pumps Past $250K in Presale

Just when you thought the crypto market had seen it all, along comes a project that’s part meme, part Olympics tribute. The Meme Games (MGMES) is generating enormous traction in its presale phase – and just passed the $250,000 milestone. Meme Culture...

US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE

On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $152.3 mill...

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market

A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain act...

Disney Officially Enters Metaverse Market Through Carrieverse

PRESS RELEASE. In a monumental development for the digital entertainment landscape, Carrieverse is thrilled to announce its new content licensing agreement with the Walt Disney Company Korea, LLC. This landmark partnership marks Disney’s offici...

US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador

The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given signific...

Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning Network

Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The insti...

Swapuz Starts Using Its Own Liquidity for Swaps Processing

PRESS RELEASE. Swapuz, a leading platform for cryptocurrency swaps, proudly announces the integration of its proprietary liquidity for swap processing. This strategic initiative is set to significantly enhance the platform’s operational effici...

Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud

Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, rec...

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud

The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity F...

Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil

Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing an...

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