The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a …
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Digital asset exchange Coinbase is pushing back against accusations that it isn’t supporting Ethereum’s (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn’t support Celo’s (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2. Multiple Celo executives blasted the decision, including …
Former Goldman Sachs executive Raoul Pal thinks exchanges and other crypto intermediaries are giving power to individuals to revolutionize their finances. Pal recently polled his one million followers on the social media platform X, asking whether their personal portfolios outperformed or underperformed the S&P 500 this year. Nearly 11,000 people responded, with 80.7% of them …
A widely followed crypto strategist believes it’s only a matter of time before top memecoin Dogecoin (DOGE) erupts. Pseudonymous analyst Bluntz tells his 301,200 followers on the social media platform X that DOGE only needs to take out its diagonal resistance at around $0.50 to ignite rallies to a fresh all-time high. “When DOGE finally …
TLDR Ethereum experienced a 43.88% price surge over 30 days Exchange supply of ETH decreased to 12.6 million, suggesting reduced selling pressure Whale accumulation increased from 5,535 to 5,580 addresses holding ≥1,000 ETH Price currently faces resistance at $3,650 with support at $3,550 Technical indicators show mixed signals with potential for both upward movement and …
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Enron, the company responsible for one of the largest frauds in U.S. corporate history, has announced its return on social media, using terms like decentralized technology and teasing the launch of a token in the future. But is this really Enron? Enron Returns With Countdown to Undefined Event Enron, the brand behind the company that …
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Cobra, the operator and owner of the bitcoin.org domain, has alerted the community about a new development in the bitcoin world. He stated that unidentified bitcoiners outside of Bitcoin Core are preparing to introduce a user-activated soft fork (UASF) next year. Cobra Alerts About New Bitcoin Soft Fork Brewing in the Shadows A new conflict …
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In recent months, the idea of a U.S. strategic bitcoin reserve has stirred animated discussions, fueled further when the government moved nearly 20,000 bitcoins from its wallets. The transaction prompted a United States Space Force major, who is deeply involved in exploring bitcoin’s role in national security, to share insights on the matter. Embarrassed Like …
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TRON DAO Drives Blockchain Discussion at Berkeley Security Summit as a Platinum Sponsor, Highlighting a Year of Blockchain Education Through the TRON Builder Tour – Press release Bitcoin News You need to enable JavaScript to run this app. Go to Source
The congressman recently unveiled a plan that proposes revamping current banking legislation. Alleged Debanking of The Crypto Industry Continues to Garner Attention Rep. French Hill (R) of Arkansas who currently serves as vice chairman of the House Financial Services Committee and as chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, has pledged …
The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s first close on Saturday, Nov. 30. Block Chairman Jack Dorsey, chairman of Fortress Investment …
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Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and practically uncertain. He questioned whether U.S. laws allow sanctions based solely on shifting away from the dollar or how such actions would be …
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A closely followed analyst believes the economy is in the midst of an “everything bubble” that still has more potential to grow. Analyst Jason Pizzino tells his 121,100 followers on the social media platform X that peak cycle highs may still be a ways off for assets like stocks and crypto. “When we take a …
Bitcoin’s (BTC) journey to a potential $100,000 price point will depend on the balance between short-term holder (STH) demand and long-term holder (LTH) profit-taking, according to the latest edition of the “Bitfinex Alpha” report. Despite a sharp 8.64% intra-week pullback over the past few days, Bitcoin’s price surged to a record monthly close of $96,506 …
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Marathon Digital reported a record performance in its Bitcoin mining operations for November amid its ongoing commitment to acquiring the top crypto asset for its reserves. In a Dec. 2 statement, the company revealed that its BTC production rose by 26% month-over-month to 907 BTC. Additionally, its energized hash rate surged 15% to reach 46.1 …
