Bitcoin News / Bitcoin.com - 2 years ago
U.S. Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future of the fintech industry in America. Davidson explained that many pe...
Bitcoin News / Bitcoin.com - 2 years ago
With the Bitcoin Cash network’s May 15 Cashtokens upgrade now three months behind us, bustling development in non-custodial wallets, marketplaces, non-fungible tokens (NFTs), games, and other applications continues unabated. Paytaca wallet CEO...
Bitcoin News / Bitcoin.com - 2 years ago
Chinese leader Xi Jinping and Russian President Vladimir Putin “will continue to advance the China-Russia comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. The two leaders are set to participate in next wee...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin exchange...
Bitcoin News / Bitcoin.com - 2 years ago
Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introduction of Paypal’s...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. federal prosecutors have unveiled court documents indicating that ex-FTX CEO Sam Bankman-Fried (SBF) is entangled in a web of allegations, with illegal political campaign financing being a significant charge. In light of these allegations agains...
Bitcoin News / Bitcoin.com - 2 years ago
The Russian currency’s exchange rate versus the U.S. dollar recently dropped below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s latest plunge to the effectiveness of a price cap imposed on Russian oil b...
Bitcoin News / Bitcoin.com - 2 years ago
In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset Manage...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry.
FDIC: Cryptos and Climate Top Risk List for Banks in 2023
Cryptocurrencies present “...
Bitcoin News / Bitcoin.com - 2 years ago
Solana was one of Tuesday’s big gainers, rising to a multi-week high following a ‘death cross’ of moving averages. The move came despite the global market cap falling marginally lower as of the time of writing. Toncoin was another notable mover, risi...
Bitcoin News / Bitcoin.com - 2 years ago
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer, bols...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin mostly consolidated on Tuesday, as traders anticipated the release of July’s retail sales data from the United States. Sales rose by 0.7%, better than the 0.4% expected, and this comes following a 0.2% increase in June. Ethereum also r...
Bitcoin News / Bitcoin.com - 2 years ago
As the cryptocurrency market has witnessed a decline for over a year, many investors have chosen to liquidate their assets or move to alternative markets. However, 2023 has painted a different picture, positioning cryptocurrency as one of the best-pe...
Bitcoin News / Bitcoin.com - 2 years ago
Sam Bankman-Fried (SBF), a once towering figure in the crypto world and former FTX CEO, was curiously slated to share his insights on tech ethics with Stanford students this winter. In a thorough examination penned by Theo Baker for the Stanford Dail...
Bitcoin News / Bitcoin.com - 2 years ago
Recovering an old GETH client can be a daunting task, but with the right hardware, software and information, it is possible. It involves locating the wallet file and cracking the password, using specialized tools such as those developed by the digita...
Bitcoin News / Bitcoin.com - 2 years ago
Javier Milei, a libertarian politician, won the Argentine primaries with more than 30% of the total vote, causing experts to weigh in on the dollarization plans he has vowed to apply. Milei’s government plan contemplates reducing the political...
Bitcoin News / Bitcoin.com - 2 years ago
The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping aw...
Bitcoin News / Bitcoin.com - 2 years ago
Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. &...
Bitcoin News / Bitcoin.com - 2 years ago
Nasdaq-listed crypto exchange Coinbase has officially launched in Canada with new offerings to “make cryptocurrencies more accessible to millions of Canadians.” A Coinbase executive stated: “Canada is well positioned to be a global...
Bitcoin News / Bitcoin.com - 2 years ago
Nobel Prize-winning economist Paul Krugman believes that an alien invasion would be inflationary, not deflationary. He reiterated that “the government should lie and claim that we were facing an imminent alien invasion.” He added: “If there is...
Bitcoin News / Bitcoin.com - 2 years ago
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy silver before it’s gone, noting that the precious metal is getting rarer. He stressed that silver is “a better bargain” as a long-term investment than go...
Bitcoin News / Bitcoin.com - 2 years ago
Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer S2...
Bitcoin News / Bitcoin.com - 2 years ago
Aside from last week’s move above $30,000, bitcoin has mostly consolidated below this level for the majority of August. Market volatility has eased, seemingly as a result of lower trading volumes due to the summer period. Despite this, history...
Bitcoin News / Bitcoin.com - 2 years ago
On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a stagger...
Bitcoin News / Bitcoin.com - 2 years ago
In a pioneering move, Samourai, the privacy-focused bitcoin wallet, has revealed a BTC to XMR atomic swap feature aimed at revolutionizing onchain privacy in Bitcoin. Addressing the widespread issue of tainted change, also known as leftover unspent t...