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Crypto News

Argentina Presidential Candidate Says Bitcoin Stops Politicians From Looting Through Taxes

The eccentric economist and leading candidate for president of Argentina, Javier Milei, claimed in a recent interview with local media that Bitcoin stops politicians from looting the public by levying inflationary taxes. Given that nobody knows the history of Bitcoin, the interviewer asked Milei what he thought of it. Milei responded, “the first thing we have to understand is that the central bank is a scam.”

cryptonewsflash - 1333 ngày trước

Israeli Securities Regulator Tries To Create A Legal Framework For Cryptocurrencies

As more Israeli investors become exposed to digital assets with over 150 companies active in Israel, the regulator, the Israeli Securities Authority (ISA), has proposed a framework for regulating them. In January 2023, the regulator published a proposal stating its goals to accomplish the "double value" of responding to the dangers of investing in digital assets while also providing the authority with the resources to enact a regulation.

cointelegraph - 1333 ngày trước

In 2023, Indonesia Will Open A National Cryptocurrency Exchange

According to reports, Indonesia will establish a cryptocurrency exchange in 2023 as part of its overhaul of the laws governing cryptocurrencies. A cryptocurrency exchange should be established this year, according to Didid Noordiatmoko, the head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), who made this statement on January 4. The action is a part of a larger financial reform initiative that was started in December 2022.

cointelegraph - 1333 ngày trước

Fedi Begins Hackathon With 2.5 BTC Prize To Celebrate Bitcoin's 14th Birthday

IT startup Fedi, in an effort to advance its Fedimint-based community custody and privacy technology, is collaborating with Epoch to award 2.54 bitcoin during a Bitcoin hackathon in honor of Bitcoin's 14th birthday. Developers are free to program whatever functionality they desire because the bounty is open-ended, but they are naturally encouraged to focus on ideas that will have the biggest impact.

Bitcoin Magazine - 1333 ngày trước

In 2022, The Value Of Transactions On The Bitcoin Blockchain Exceeded $8 Trillion

Data shows that even though Bitcoin (BTC) faced one of its most difficult periods in 2022, a sizable portion of transactions were still recorded on the BTC blockchain. Despite the low rates, the Bitcoin blockchain was used to transfer an astounding $8.2 trillion over the past year. According to data estimates by the crypto monitoring company CoinMetrics, the amount equates to an average of $260,000 each second.

Finbold - 1334 ngày trước

The First Bitcoin ATM With Built-in Lightning Network Capabilities Is Installed In Australia

The first Bitcoin ATM with built-in Lightning Network capabilities has arrived in Coolangatta, Australia. The public can now use the new ATM, which has been erected in The Strand shopping mall in Coolangatta. A Bitcoin Lightning ATM functions very similarly to a typical Bitcoin ATM, however it saves a lot of time because of layer-2 Lightning's immediate transaction capabilities. Additionally, it enables the purchase of relatively little Bitcoin.

cointelegraph - 1334 ngày trước

Dogecoin (DOGE) Becomes Most-Held Asset On India's Biggest Crypto App

The leading cryptocurrency buying and trading app in India, CoinSwitch, revealed on its Twitter account that Dogecoin was one of its customers' most-held assets of the year. Ethereum (ETH) and Bitcoin (BTC) joined DOGE at the top of the list. The software has almost 20 million users, according to CoinSwitch. Over 70% of all DOGE addresses have tokens that have been held for more than a year, and a significant fraction of these addresses are now known to be located in India.

U.Today - 1334 ngày trước

Major Ukraine Pharmaceutical Chain Makes Bitcoin Payments Possible In Partnership With Binance

With the help of a partnership with Binance, ANC Drugstore, one of the biggest pharmacy chains in Ukraine, is now accepting bitcoin and other cryptocurrencies at all of its locations. It is one of the biggest uses of bitcoin payments in Europe, with more than a thousand retailers spread out across the continent. According to a formal announcement, the first locations to accept contactless payments will be in Kyiv.

Bitcoin Magazine - 1334 ngày trước

Central Bank Confirms Morocco Will Complete Its Regulatory Framework For Cryptocurrencies Soon

The first cryptocurrency bill in Morocco could be tabled in the next few days. Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), the central bank of Morocco, announced a series of talks between the BAM and the market participants. Participants in the regulation process include the Moroccan Capital Markets Authority (AMMC), the Insurance Supervisory Authority, and the Social Security (ACAPS). It will go into effect before the crypto law.

cointelegraph - 1334 ngày trước

Turkey Will Utilize Digital Identities Based On Blockchains For Online Public Services

Turkey intends to employ blockchain technology for the online public services login procedure. Turkish individuals will be verified when logging in to E-Devlet, the digital government site used in Turkey to access a variety of public services, using a blockchain-based digital identity. Turkish vice president Fuat Oktay declared during the Digital Turkey 2023 event that users will be able to use e-wallet applications using a digital identity built on a blockchain.

cointelegraph - 1334 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1076 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1076 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1076 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1076 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1077 ngày trước