Democratic presidential candidate Robert F. Kennedy Jr. is sharing his plans for Bitcoin (BTC) if he gets elected in the November 2024 election. During a speech at a Heal-the-Divide event, the nephew of former president John F. Kennedy says his administration will exempt the conversion of Bitcoin to dollars from capital gains tax. He says …
Monthly archives: July 2023
XRP price can fall 40% by September — Fractal analysis
XRP is currently mirroring a trend from the April-June 2021 that preceded the price falling by 65% in the following months. Altcoin Watch Join us on social networks The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market. This follows the euphoria …
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UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, startups and data providers, including those involved in banking, investment, lending and payments. News Join us on social networks The United Kingdom’s Financial Conduct Authority (FCA) has announced the launch of its Digital Sandbox, aimed at supporting tech firms in the early stages of …
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Bitcoin rejects at 21-day trendline — How low can BTC price go?
BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs. Market Update Join us on social networks Bitcoin (BTC) failed to hold above $30,000 after the July 20 Wall Street open, with one analyst forecasting a return to range lows. BTC/USD 1-hour chart. Source: …
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Aptos’ new user growth hits 900% after integration with social media app Chingari
Chingari started the migration to Aptos in July, seeking an enhanced experience for users following Solana’s network outages in 2022. News Join us on social networks The Aptos blockchain has seen a surge of activity following its integration with Chingari, an Indian social media platform previously powered by Solana. According to on-chain data, the number …
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Terra And Do Kwon Argue “Torres Doctrine” In Bid To Dismiss SEC Lawsuit
Terra and Do Kwon’s legal team argued that the recent ruling in the case of US SEC v. Ripple Labs directly impacts their motion to dismiss. The SEC sued Do Kwon and his company for selling unregistered securities namely UST, LUNA, wLUNA, and MIR. Judge Analisa Torres ruled that cryptocurrency sales to retail investors on …
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UK Economic Secretary rejects regulating crypto as gambling, advocates for financial services framework
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Rapid shift in Bitcoin liquidity reflects strong holder conviction
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The Bitcoin futures contango
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Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense
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Op-ed: US banks launch 24/7 Instant Payments – does FedNow reduce risk of CBDCs?
The U.S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment system. As reported by Reuters on July 20, with this service, everyday Americans will soon be able to send and receive funds in real-time, 24/7, a revolutionary stride in the U.S. financial …
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Kuwait imposes ‘absolute ban’ on virtual assets to combat money laundering risks
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Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments
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Will CBDCs Replace Crypto? Bittrex CEO Says Government Agenda a Solution in Search of a Problem
Bittrex Global CEO Oliver Finch has some doubts regarding the legitimacy of central bank digital currencies (CBDCs). Finch says in a new Kitco News interview that CBDCs are a “solution in search of a problem.” According to the Bittrex Global CEO, the centralized nature of CBDCs makes them inherently different from Bitcoin (BTC) and other …
US law protects institutions and exposes retail investors — Rep. Torres
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling. Exclusive Join us on social networks On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when …
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