Retaliating to Hillary Clinton’s Claim that Bitcoin is Undermining the US Dollar as the Reserve Currency, the Crypto Community

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Hillary Clinton’s criticism that cryptocurrencies could supplant the US dollar as the global reserve currency has elicited a response from the cryptocurrency industry. Mike Novogratz, the CEO of Galaxy Digital, maintained that wasteful spending by both U.S. political parties is the only thing that might threaten the US dollar’s status as a reserve currency. Elon … Read more

‘Risky for a Lot of Reasons,’ According to Dave Ramsey’s Team, Crypto Isn’t a Good Investment

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Cryptocurrency is not a wise investment, according to personal finance expert and best-selling author Dave Ramsey’s company Ramsey Solutions. We do not predict the demise of cryptocurrencies. We also don’t think it’s awful. But for now, simply say no,” the Ramsey Solutions group counseled. “Just Say No” to Cryptocurrency Is Ramsey Solutions’ Advice An essay … Read more

Launching a Cross-Chain Partnership Program, Analog Secures $16 Million for Web3 Interoperability Boost

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The group raised $16 million in a funding round from a variety of venture capitalists and organizations, including Balaji Srinivasan, Tribe Capital, and Wintermute, according to a statement released on Monday by the Web3 blockchain interoperability platform Analog. In addition, Analog has started its Launch Partners Program to support cross-chain activities and increase their market … Read more

Ask Security Questions: Vitalik Buterin, Co-Founder of Ethereum, on Addressing the Risks of Deepfake AI

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Co-founder of the Ethereum cryptocurrency project Vitalik Buterin has issued a warning regarding the use of deepfakes, or movies produced with artificial intelligence (AI) that attempt to impersonate people, to influence people to transact money. Buterin claims that the problem is not just cryptographical and that it is possible to solve it by asking friends … Read more

Bitcoin Climbs Above $49K, Eyeing $50K Mark Amid the Panic of Global Trading

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On Monday, the value of Bitcoin on the spot market surged above $49K, escaping the day’s early trading boundaries. With a 3.7% gain in the last day and a noteworthy 15.6% climb over the course of the week, the top digital currency by market cap quickly hit $50,000. Bitcoin Breaks the $49K Barrier, and Bulls … Read more

Bitcoin Will Halve in 2024: A Grayscale Analysis Shows An Unprecedented Market Development

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The Bitcoin network’s halving event is less than 10,000 blocks away from happening, according on the most recent data. According to more research, the halves is expected to occur between April 19 and April 21, 2024. Following the halving, block rewards will drop from the current rate of 6.25 bitcoins per block to 3.125 bitcoins … Read more

Technical Analysis of Ethereum: Sideways Movement with an Eye toward a Break Above $2,500

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Ethereum’s daily price swings, which have ranged from $2,309 to $2,541, at $2,485, demonstrate the market’s volatility and dynamic nature. Ethereum has a market valuation of over $299.25 billion at the moment, and over the past day, $6.91 billion worth of trades have taken place globally. After reaching a top in the $2,541 range, bulls … Read more

Technical Analysis of Bitcoin: BTC Bulls Pull Back From Near $49K Peak

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Bitcoin is showing strong upward momentum as of February 12, 2024, as seen by the huge increase it made on Sunday from $47,593 to $48,814 on multiple charts. The next Monday, there was $21.57 billion in trading volume for bitcoin, and its market value had increased to $939 billion. As of right now, the rising … Read more

A Specialist Recommends Complete Cryptocurrency Regulation In Nigeria To Reduce Financial Crimes Involving Digital Assets.

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A forensic specialist has stated that for Nigeria to reduce financial crimes related to digital assets, it is imperative that the country completely regulate cryptocurrency activity. The co-founder of A&D Forensics also urged Nigeria to pass legislation requiring banks to screen service providers before authorizing them to access customer accounts. Reducing Financial Crimes Connected to … Read more

Latin American Insights: Brazil Tightens Crypto Tax Supervision, Bukele Wins Presidential Election with Resounding Victory

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Here is a summary of the most important cryptocurrency and economic news from Latin America during the past week, brought together by Latam Insights. Within this issue: El Salvador’s Nayib Bukele becomes victorious in the presidential race, the Brazilian tax authorities discovers more than 25,000 anomalies in cryptocurrency tax returns, and President Javier Milei of … Read more