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Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing

October 8, 2023 0

Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all, a currency is a derivative of the power of the economy of the country that issues this currency,” Putin noted, emphasizing: “The share of the American economy in

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Robert Kennedy Jr. Promises to End White House War on Bitcoin — Says We Need ‘Freedom Currency’ That Government Can’t Control

October 8, 2023 0

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to end the White House’s war on bitcoin if he is elected President of the United States. “I’m going to make sure that bitcoin is protected, that people can keep their own wallets, that the current White House war on bitcoin will be over, […]

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Tesla CEO Elon Musk Predicts ‘Comprehensive Overhaul’ of SEC With 100% Probability

October 7, 2023 0

Billionaire Elon Musk has called for a “comprehensive overhaul” of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission to take punitive action against individuals who abuse their regulatory power for personal and political gain. Elon Musk Says Comprehensive Overhaul […]

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Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network

October 7, 2023 0

Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares short-term Treasury bond ETF. Tokenizing U.S. Bonds on Coinbase’s L2 According to

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Binance Announces UK Domain Compliant With New Crypto Promotion Rules

October 7, 2023 0

Crypto trading giant Binance has launched a new domain for U.K. customers under Britain’s updated regulations for financial promotions. The exchange will offer retail users in the country only those products and services that comply with the latest rules for crypto marketing. Binance Marketing and Communications Materials to Be Reviewed by U.K.-Licensed Firm Binance

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October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC

October 7, 2023 0

Though Bitcoin’s value has risen from its position last month, September saw a surge in dormant Bitcoin transfers from long-inactive BTC wallets. This trend hasn’t slowed; in the initial week of October, several 2014 wallets came alive, moving 860 BTC — valued at over $24 million — in 86 separate transactions on October 4, 2023. […]

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Biggest Movers: BCH, TRX Snap Losing Streak to Start the Weekend

October 7, 2023 0

Bitcoin cash was one of the big gainers to start the weekend, as the cryptocurrency ended a two-day losing streak. Overall, the momentum in the market was marginally higher, as traders continued to consume the latest U.S. nonfarm payrolls report. TRON also returned to the green on Saturday. Bitcoin Cash (BCH) Bitcoin cash (BCH) was […]

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$8B Margin Mystery: Alameda’s Caroline Ellison to Testify Against Bankman-Fried Next Week

October 7, 2023 0

After hearing witness accounts in the FTX trial this week, proceedings will resume on Tuesday, October 10, 2023. Caroline Ellison, former CEO of Alameda Research, is reportedly slated to take the stand. Ellison’s testimony could be pivotal; she helmed Alameda following Samuel Trabucco’s exit and once shared a romantic relationship with Sam Bankman-Fried. Alameda’s

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Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000 Following Comments from Joe Rogan, Sam Altman

October 7, 2023 0

Bitcoin traded above $28,000 to start the weekend, after Joe Rogan commented that it had a chance of becoming a “universal viable currency.” Additionally, traders also reacted to yesterday’s U.S. nonfarm payrolls, which rose by 336,000 in September, more than the 170,000 many had expected. Ethereum was marginally higher on Saturday. Bitcoin Bitcoin (BTC) continued […]

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Bank of Korea and BIS Prepare Wholesale CBDC Pilot

October 7, 2023 0

The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transactions and issue CBDC-backed digital currencies that can be fractionally backed depending on the […]