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Bitcoin Proposal Seeks to Redefine its Units and Eliminate Decimal Points
The Bitcoin community is reviewing a proposal to eliminate decimals and redefine the top asset’s unit of measurement. This initiative seeks to enhance user experience and simplify understanding, but it has sparked debate among enthusiasts. Debate Heats Over ‘1 Bitcoin = 1 Satoshi’ Proposal Bitcoin advocate John Carvalho introduced a Bitcoin Improvement Proposal (BIP) to…
Ray Dalio Doubts Central Banks Will Embrace Bitcoin
Join Our Telegram channel to stay up to date on breaking news coverage Billionaire hedge fund manager Ray Dalio says he is skeptical as to whether central banks will consider holding Bitcoin (BTC) as a reserve currency, citing privacy concerns. That’s as the largest crypto by market cap nears its all-time high (ATH) of $124,457.12…
Bitcoin Downtrend Driven by Early Whale Selling, Says Ki Young Ju – AabeyLLC Crypto
Bitcoin’s sharp correction from $110,000 to around $80,000 is linked to heavy selling by early whales with cost bases near $16,000. CryptoQuant CEO Ki Young Ju notes that on-chain metrics indicate Bitcoin is now in the “shoulder” phase of its cycle, suggesting limited short-term upside potential. This selling is overwhelming institutional demand from ETFs and…
Bitcoin is Setting for the Next Big Move, Top Analyst Says
Bitcoin is consolidating between $116,000 and $120,000 after a sharp breakout in early July. The market has entered a sideways phase as bulls and bears test control. Traders are closely watching the $116K support for clues on Bitcoin’s next move. According to crypto analyst Kevinn Nguyen, the $116,000 level is now critical. He explains that…
Crypto privacy just scored a legal W
🏆 Crypto privacy just scored a legal W Plus: Brazil eyes a federal Bitcoin reserve GM. It’s the Daily Squeeze, where the crypto lemons of the day get turned into surprisingly tangy lemonade. ⚖️ A US appeals court ruled that Tornado Cash’s immutable smart contracts can’t be sanctioned by the Treasury. 🍊 News drops: Uniswap’s record-breaking…
Ghana launches CBDC; BIS sees CBDCs curbing stablecoins
Homepage > News > Finance > Ghana launches CBDC; BIS says CBDCs will keep stablecoins at bay Five years ago, Ghana was among the frontrunners in Africa’s central bank digital currency (CBDC) race, with its digital currency research more advanced than most nations. However, it has since fallen behind its neighbor Nigeria, whose eNaira launched…
