Bitcoin would reach USD 500,000 if the US converts reserves to BTC

Bitcoin (BTC) hit all-time price records during a 10-day bull run. “I still think the probability is low,” Novogratz said because of the Republican minority in the Senate. Michael Novogratz, CEO of Galaxy Digital, predicted that the price of bitcoin (BTC) could reach $500,000 if the US establishes a strategic reserve for the leading cryptocurrency. … Read more

FDP hatched plan to quit ruling coalition — reports – DW – 11/16/2024

Germany’s business-friendly Free Democratic Party (FDP) plotted to collapse Chancellor Olaf Scholz’s coalition government two months before it fell apart, two German newspapers reported on Saturday. The revelations come as the country prepares for snap elections in February, following the sacking of FDP Finance Minister Christian Lindner earlier this month. Lindner’s widely reported plan to … Read more

Zelensky says he wants to end war in Ukraine by ‘diplomatic means’ in 2025

Russian air defenses downed a series of Ukrainian drones in the Kursk region on Friday along with other regions along the border. This comes as Russia increases the intensity of its drone attacks on Ukraine, which experts say could be part of Moscow’s strategy to attack energy infrastructure during the winter. Meanwhile Ukrainian president Volodymyr … Read more

They want to delay CBDC and prioritize the use of cash in Norway

Only around 2% of Norwegians use cash, which would make them vulnerable to CBDCs. The Norwegian government has urged the use of banknotes and coins in commercial premises. Payments committee advising Norwegian politicians recommends not rushing central bank digital currencies (CBDCs). According to his assessment, there is, to begin with, no clear consensus on whether … Read more