Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,297,536,601,733.76
  • 24h Vol: $56,980,087,303.20
  • BTC Dominance: 56.62%

Crypto

bank-of-america:-younger-wealthy-investors-prefer-crypto-over-traditional-investments

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

Leave a Comment / Bank of America, Bitcoin, Crypto, Crypto Hacked, crypto investments, Crypto investors, Cryptocurrency, Ethereum, Featured, Survey / / / , , , , , ,

Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of […]

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Alexandria Ocasio-Cortez Bashes Fairshake Involvement in New York Democratic Party Primaries

Leave a Comment / Alexandria Ocasio-Cortez (AOC), Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Farishake super PAC, George Latimer, Jamaal Bowman, News / / / , , , , , ,

New York Rep. Alexandria Ocasio-Cortez has criticized the involvement of Fairshake, a crypto-focused super PAC, in New York’s 16th congressional district democratic party elections. Ocasio-Cortez qualified the media campaign against incumbent Jamaal Bowman, valued at over $2 million, as “corruption” and a “core threat to American democracy” on social media. Alexandria Ocasio-Cortez Tells Crypto PAC

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US Charges Empire Market Operators in $430M Dark Web Scheme — They Face Maximum Sentence of Life in Prison

Leave a Comment / Bitcoin, Crime, Crypto, Crypto Hacked, Cryptocurrency, dark web, empire market, Ethereum, HSI, legal / / / , , , , , ,

The U.S. Homeland Security Investigations has charged two men for operating Empire Market, a dark web marketplace, facilitating $430 million in illegal transactions. The defendants face severe penalties, including life imprisonment. “During the investigation, federal law enforcement seized cryptocurrency valued at $75 million at the time of the seizures, as well as cash and precious

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Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

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The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible trade imbalances derived from using Mbridge, a CBDC cross-border settlement project.

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Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview

Leave a Comment / Bitcoin, CBDC, central bank digital currency, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Regulation, Ripple, Stablecoins, XRP / / / , , , , , , ,

In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,” the executive described. Ripple CEO on Working With Governments Worldwide A video clip surfaced

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Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

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In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash

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Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, crypto trading, Cryptocurrency, Digital Asset, Ethereum, News Bytes, Newsbyte-3 / / / , , , ,

Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such platforms must register under Tanzania’s Simplified Tax Regime. The government

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Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’

Leave a Comment / Adam Ficsor, Bitcoin, Bitcoin (BTC), Bitcoin lightning network, Crypto, Crypto Hacked, Cryptocurrency, El Salvador, Ethereum, Technology, Wasabi Wallet / / / , , , , , , ,

Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the

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Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage

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The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The FSB also reviewed progress on implementing its global regulatory framework for crypto asset

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Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team

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Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven by bitcoin’s unique scarcity feature, as well as the monetary and fiscal policy cycle,

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