Macro strategist Henrik Zeberg anticipates a substantial increase in Bitcoin’s value, forecasting a surge of over 64% by the third quarter of 2024. According to a report by The Daily Hodl, in a recent interview with Bloor Street Capital, Zeberg expressed confidence in Bitcoin reaching between $110,000 and $115,000 within the year. He emphasized that…
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The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF placed Turkey on its “grey list” due to inadequate oversight of…
Former President Donald Trump is continuing to express his support for the crypto industry, saying that he will protect the right of 50 million Americans to self-custody digital assets. Speaking to his supporters in Washington D.C., the 2024 Republican candidate says that he’s going to “crush” the Biden Administration’s anti-crypto stance. Trump goes on to…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations this year. Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate…
Share this article Former Blockstream Chief Strategy Officer Samson Mow believes that the newfound political support for Bitcoin could weaken its core principles and increase the risk of future failures that could harm users. “I’m not bullish on politicians becoming pro “crypto.” It may feel nice given the prior hostile anti-crypto stances, but long term…
EUR/USD: The Battle of Europe and US PMIs Overall, the past week favoured the dollar, but the advantage over the European currency was minimal. If you look at where the EUR/USD pair was on 15 May, it returned to this zone on 24 May, regaining the losses of recent days. Recall that the report from…
Donald Trump, the former President of the United States, has taken a surprising turn. Once skeptical, he is now a pro-crypto advocate. This shift has sparked interest and excitement in the cryptocurrency community. Let’s explore this transformation and what it means for the future of crypto. Trump’s NFT Collection Donald Trump made headlines with his…
Cardiff, 英国, May 26th, 2024, Chainwire On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled “Taproot Consensus: A Decentralized BTC Layer2 Solution.” This paper details the implementation of Taproot Consensus, leveraging native Bitcoin technologies such as Schnorr signatures, MAST, and Bitcoin SPV nodes to build a fully decentralized…
On Saturday, former U.S. president Donald J. Trump made several pro-crypto comments on his social media platform Truth Social — which is part of the Trump Media & Technology Group (TMTG) and aims to provide an alternative to established social media networks such as Twitter and Facebook — and at a convention. In this post,…