Latest Bitcoin and Cryptocurrency News
Auto Added by WPeMatico
Russia’s push for BRICS to abandon the U.S. dollar has reached critical milestones, with formalized agreements and functioning alternatives to Western financial systems now in place. BRICS Pushes Dedollarization and Financial Autonomy Forward At the recent BRICS summit in Kazan,…
BRICS leaders have declared their commitment to a local currency payment network designed to revolutionize cross-border transactions and reduce reliance on the U.S. dollar. BRICS Leaders Commit to a Groundbreaking Local Currency Payment Network At the 16th BRICS Summit in…
The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation before the IMF and the World Bank, the bank’s president stated that the intersection between these had…
On Friday, Oct. 25, 2024, Bitcoin’s network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a milestone unmatched in the network’s history. Bitcoin’s Hashrate Hits Historic High — How Close Are We to the Zettahash Era?…
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in Kazan. Anton Siluanov stated that the modern system will take digital financial assets into account and will be…
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities…
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities…
In a lively exchange on Fox & Friends this week, former U.S. President Donald Trump floated an intriguing idea: doing away with income taxes entirely. ‘There is a Way’: Trump’s Nostalgic Call for Ending Income Taxes During the television segment,…
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit…
Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by…