Former US President and Republican candidate Donald Trump continues to champion Bitcoin as he campaigns for re-election this November. In a recent statement, Trump suggested that Bitcoin could be instrumental in addressing the United States’ substantial national debt. Trump Suggests Using Bitcoin to Pay Off US National Debt In an interview with Fox News’ Maria…
California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using the Avalanche (AVAX) network. This initiative is part of a modernization effort to streamline the state’s title transfer process in collaboration with software development firm Oxhead Alpha. California DMV to Digitize Car Titles According to an Avalanche blog post, users will soon…
Azerbaijan is adopting a measured stance on the development of a central bank digital currency (CBDC), citing apprehensions regarding monetary policy and financial stability. The Central Bank of Azerbaijan has not formulated plans to issue a CBDC at this time. However, it is actively monitoring the experiences of banks in other nations, according to local…
Advertisement     XRP posted a 23% gain over the past month, making it a top gainer among the top ten largest cryptocurrencies by market capitalization. This gain comes as data from Santiment shows that large XRP holders, popularly known as whales, bought over 300M XRP tokens on July 12-15. This accumulation by institutional…
Bitcoin continued its sharp pullback after a positive start to the week, with the price retreating to a two-week low of of $59,403. Just five days ago Bitcoin achieved a three-month high of $70K. In a week marked by dramatic shifts, Bitcoin experienced another sharp decline after initially surging to $70,000, a three-month peak. The…
Warren Buffett’s Berkshire Hathaway (NYSE:) was aggressively cutting his exposure to equities in the second quarter, new filings showed. The company’s financial statements indicated that a net amount of $75.5 billion worth of stocks were sold in the three months through June. Buffett was seen selling nearly half of its stake in Apple (NASDAQ:) during…
U.S. Representative Ro Khanna is set to host a roundtable discussion between representatives from Vice President Kamala Harris’ campaign and cryptocurrency “industry leaders” on Aug. 5. According to Fox News reporter Eleanor Terrett, the event signifies a “renewed push” to “establish a fresh start with the industry.” 🚨SCOOP: CA Congressman @RoKhanna is hosting another meeting…
The vast majority of damages from last month’s CrowdStrike Holdings Inc.’s global IT outage will go uninsured, according to new estimates from Guy Carpenter and CyberCube Analytics Inc. The days-long cyberincident — which grounded planes, shuttered businesses and stopped markets — cost Fortune 500 companies about $5.4 billion in damages, according to insurance company Parametrix. But insured losses…
Key Takeaways US job market downturn and high unemployment rate trigger Bitcoin’s fall to $60,000. Bitcoin’s MVRV ratio suggests it is undervalued, hinting at a potential market rebound. Share this article The price of bitcoin (BTC) fell below $60,000 on Saturday amid growing fears that the US could be sliding into recession, according to data…
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as long as it trades below 148.50. Beyond that is a void to the 140s. Only back above…