Binance Nigeria Standoff: Crypto Exchange’s Top Executives Summoned by House of Representatives Committee

Binance Nigeria Standoff: Crypto Exchange's Top Executives Summoned by House of Representatives CommitteeTop executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request. Latest Escalation in the Standoff Between Binance and Nigerian Authorities The Nigerian House […]
Source: Bitcoin.com
Original Post: Binance Nigeria Standoff: Crypto Exchange’s Top Executives Summoned by House of Representatives Committee

Revolutionizing Cloud Solutions: Introducing Cloud Binary Server

PRESS RELEASE. Orleans, France, March 1st, 2024, Chainwire. Cloud Binary Server unveiled its innovative cloud infrastructure services, designed to provide a cost-efficient and dedicated server solution for both businesses and individuals. Leveraging a Telegram bot, the platform simplifies the purchase of cloud infrastructure, bypassing complex setups and the need for in-depth technical understanding, thus widening […]
Source: Bitcoin.com
Original Post: Revolutionizing Cloud Solutions: Introducing Cloud Binary Server

Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru

Latam Insights: El Salvador Won't Sell Its Bitcoin, Bitcoin Spot ETFs Land in Brazil and PeruWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell its bitcoin, Bitcoin ETFs land in Brazil and Peru, and Argentine President Javier Milei aims to criminalize central bank money issuance. El Salvador Won’t Sell […]
Source: Bitcoin.com
Original Post: Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru

Indonesia’s Commodities Regulator Requests Finance Ministry to Review Crypto Taxes

Indonesia’s Commodities Regulator Requests Finance Ministry to Review Crypto TaxesThe Indonesian Finance Ministry has been called upon to assess the implementation of cryptocurrency taxes by the nation’s Commodity Futures Trading Supervisory Agency. In the past few months, Indonesia’s revenue from crypto-based transactions has been surpassing that generated from fintech businesses. Crypto Industry Generates More Revenue than Fintech Companies Indonesia’s Commodity Futures Trading Supervisory Agency […]
Source: Bitcoin.com
Original Post: Indonesia’s Commodities Regulator Requests Finance Ministry to Review Crypto Taxes

Montana Blasts SEC ‘Regulatory Power Grab’ in Kraken’s Case: ‘Crypto Assets Are Not Automatically Securities’

Montana Blasts SEC 'Regulatory Power Grab' on Kraken's Case: 'Crypto Assets Are Not Automatically Securities'Montana introduced an amicus curiae in the case of the SEC vs. Kraken, a US-based crypto exchange, criticizing the “regulatory power grab” of the institution. Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s expansive concept of “investment contract” might preempt state legislation. Montana and Seven […]
Source: Bitcoin.com
Original Post: Montana Blasts SEC ‘Regulatory Power Grab’ in Kraken’s Case: ‘Crypto Assets Are Not Automatically Securities’

Binance Claims Ignorance of $10 Billion Fine Imposed by Nigerian Government

Binance, a leading cryptocurrency exchange, has denied allegations made by a Nigerian government official that it is facing a $10 billion fine. While Binance maintains its commitment to fostering a positive relationship with the Nigerian government, it firmly states that it will not succumb to pressure to pay for the release of its detained executives. […]
Source: Bitcoin.com
Original Post: Binance Claims Ignorance of Billion Fine Imposed by Nigerian Government

Former Coinbase CTO Balaji Srinivasan: Bitcoin Is a ‘Political Revolution’

Indian American Investor Balaji Srinivasan: Bitcoin 'Is Political Revolution'Balaji Srinivasan, venture capitalist and former CTO of Coinbase, has highlighted the real purpose of Bitcoin and its implications for geopolitical and financial issues. Srinivasan stated that Bitcoin at its core is a “political revolution,” because it challenges the centralized states’ business model, and the change brought by it will be fought by states who […]
Source: Bitcoin.com
Original Post: Former Coinbase CTO Balaji Srinivasan: Bitcoin Is a ‘Political Revolution’

Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%

Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth leading amongst the five. Stablecoin Economy Rises 2.31% in […]
Source: Bitcoin.com
Original Post: Stablecoin Sector Sees .26 Billion Growth Spurt; Tether Nears 0B Milestone, USDE Supply Swells by 374%

Milton Friedman’s 1999 Vision: Predicting Bitcoin Before the Digital Age Dawned

Milton Friedman's 1999 Vision: Predicting Bitcoin Before the Digital Age DawnedNearly two decades before the Bitcoin network revolutionized the digital world, Nobel Laureate Milton Friedman foresaw the emergence of digital currencies. His prediction of an electronic currency facilitating anonymous transactions has become a cornerstone in understanding the evolution of digital finance. Ahead of His Time: How Milton Friedman Envisioned Bitcoin Before the conceptualization of Satoshi […]
Source: Bitcoin.com
Original Post: Milton Friedman’s 1999 Vision: Predicting Bitcoin Before the Digital Age Dawned

$1 Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model

$1 Million per BTC by 2033: Predicting Bitcoin's Price Trajectory Using the Power Law ModelIn an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented […]
Source: Bitcoin.com
Original Post: Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model

Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit

Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection LawsuitIn a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms Win Case Against Bitcoin Mining Data Survey The United States District Court for the Western District of Texas has […]
Source: Bitcoin.com
Original Post: Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit

Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom

US Presidential Candidate Robert Kennedy Jr. Calls Bitcoin Offramp From Inflation — Says BTC Is Key to Transactional FreedomU.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American public. “Transactional freedom is as important as freedom of speech and you only get that from […]
Source: Bitcoin.com
Original Post: Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom

Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’

Galaxy Digital CEO Novogratz Sees 'Tremendous Global Demand for Bitcoin' — Says 'There's a New Army of Buyers'Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an army of salespeople,” he expects the price of bitcoin to be […]
Source: Bitcoin.com
Original Post: Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’

Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a ‘Starting’ Candle

Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a 'Starting' CandleVeteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin price chart, stating: “My bet is that this is a ‘starting’ candle.” Peter Brandt’s Bitcoin Bull Run […]
Source: Bitcoin.com
Original Post: Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a ‘Starting’ Candle

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major […]
Source: Bitcoin.com
Original Post: JPMorgan Expects Bitcoin Price to Drop to K After Halving

Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee Rewards

Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee RewardsIn a landmark governance decision, Uniswap’s community has voted unanimously in favor of a proposal to reward UNI token holders who stake and delegate their tokens. The upgrade, aimed at revitalizing the protocol’s decision-making process, has garnered overwhelming support with over 10 million UNI tokens pledged in its favor. Historic Vote to Reward UNI Holders […]
Source: Bitcoin.com
Original Post: Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee Rewards

Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline

Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee DeclineIn February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw a decrease this month. Bitcoin’s Hash Price Breaks […]
Source: Bitcoin.com
Original Post: Bitcoin Mining Revenue Jumps to .39 Billion in February Despite Fee Decline

NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

NFT Market Booms With 35% Sales Increase as Cryptocurrencies RallyAs the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in […]
Source: Bitcoin.com
Original Post: NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance

Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido DominanceFive days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure not observed since before the collapse of […]
Source: Bitcoin.com
Original Post: Value Locked in Defi Nears 0 Billion Milestone Amidst Broad Market Uptick and Lido Dominance

Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size Upgrade

Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size UpgradeOn Saturday, March 2, the valuation of bitcoin cash witnessed a significant increase, climbing over 40% within a 24-hour span to reach a peak of $451 each. This upward trend is attributed to the anticipated halving event, set to happen in 16 days, and the forthcoming 2024 upgrade, which is expected to implement an adaptive […]
Source: Bitcoin.com
Original Post: Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size Upgrade