A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The scammer also attempted to steal another $4,000 in bitcoin but was stopped by county deputies. The incident, which occurred Oct. 27, is the latest in a series of phone scams targeting county […]
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away from regulated exchanges. Latam […]
BTC price strength will be back with a vengeance early in 2025, analysis predicts, but the US Presidential Election will bug Bitcoin bulls until Inauguration Day.
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms. The amendments expand Section 24 to include digital issuance alongside traditional […]
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension […]
After notching a three-month high last week, Bitcoin volatility has flattened out as traders await the outcome of the US election with bated breath.
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history.
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian Foreign Minister Sergey Lavrov said Monday that the West has degraded […]
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc if US Dollar Bubble Bursts Dmitry Medvedev, Deputy Chairman of the Russian Security Council, has cautioned that the “dollar bubble” could eventually rupture, potentially triggering […]
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks. Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations Matthew Sigel, head of digital assets research at asset management firm Vaneck, analyzed bitcoin’s recent rise in an interview […]
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November.
