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Bitcoin
Lawyer Outlines What Would Happen if SEC Wins Lawsuit Against Ripple Over XRP
A lawyer has outlined what he believes to be the most likely outcome if the U.S. Securities and Exchange Commission (SEC) wins against Ripple Labs and XRP is declared a security. He expects Ripple to appeal if the SEC wins, warning:…
BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain…
The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to develop a common BRICS currency. His remarks followed recent reports suggesting that Russia has confirmed the BRICS’ plan…
Renowned Investor Jim Rogers Warns ‘US Is Going to Suffer’ as Dollar’s Value Erodes Further
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that “the worst is yet to come” for the U.S. economy. “The U.S. is going to suffer” as the value of the dollar…
Democratic Presidential Candidate Robert Kennedy Jr Holds Up to $250,000 in Bitcoin, Records Show
According to a report published on Friday, Robert F. Kennedy Jr., a Democratic presidential candidate, holds between $100,000 to $250,000 in bitcoin (BTC). The holdings contradict his statements at the Bitcoin 2023 conference in May, where…
JPMorgan Analysts Say Spot Bitcoin ETF Approval Is ‘Unlikely to Be a Game Changer for Crypto…
In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto…
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start Weekend, ETH Remains Below $1,900
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in at 209,000, less than the 225,000 expected, putting slight doubt in a potential July…
Central Bank of Russia: Digital Ruble Could Be Launched as Soon as 2025
Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency (CBDC), could happen in 2025. The pilot test for the CBDC will be organized…
Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’
According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central…
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central…