“A useless piece of paper.” Minneapolis Federal Reserve “The existence of Bitcoin impoverishes.” European Central Bank Could these two sentences, expressed by central bankers from the United States and Europe, be more ironic? At first glance, it seems not. One would say, with a mocking smile, hiding a hidden rage, that these people couldn’t be … Read more
Options traders have raised their expectations for the price of bitcoin (BTC), anticipating that the digital currency will hit an all-time high of $80,000 by the end of November, regardless of who wins the US presidential election. According to data seen on Deribit, which is the largest derivatives exchange in the world, the implied volatility … Read more
According to reports, in Russia all they talk about is “Putin’s plan to defeat the dollar.” One of the pillars of the so-called collapse of the dollar is expected to be the BRICS payment system. Dmitri Medvedev, the vice-chairman of Russia’s Security Council, laid out a challenging view on his country’s foreign policy, stating that … Read more
Larsen believes Democrats must “take a new approach” to technological innovation. The executive has shown open support for Kamala Harris in her presidential race. Chris Larsen, co-founder of Ripple, donated $10 million in XRP tokens to Vice President Kamala Harris’ campaign. Larsen believes that the Democratic candidate “will ensure that American technology dominates the world.” … Read more
The Minneapolis Federal Reserve recently expressed its opposition to bitcoin (BTC), suggesting a “legal ban” on the world’s largest digital currency. This position adds to the criticism of the European Central Bank (ECB), which had already pointed out BTC as potentially “harmful to society.” In a working document prepared by Amol Amol and Erzo Luttmer, … Read more
This Monday, October 21, 2024, it was reported that Stripe, the online payments giant, purchased Bridge, a stablecoin platform, for an amount of USD 1.1 billion. The transaction, subject to regulatory approvals, is expected to close in the coming months. Stripe CEO Patrick Collison confirmed the acquisition of Bridge in a message published in X, … Read more
They claim Gambaryan was illegally detained by the Nigerian government. They consider applying diplomatic pressure, which would increase his chances of being released. A bipartisan group of 18 US state attorneys general called on the Biden Administration to designate Binance executive Tigran Gambaryan as a hostage under the Robert Levinson Hostage Recovery and Accountability Act. … Read more
Options trading on Grayscale, Bitwise, Fidelity and ARK ETFs was authorized. Almost a month ago, the SEC approved BlackRock ETF options trading. On the afternoon of this Friday, October 18, the United States Securities and Exchange Commission (SEC) issued two memoranda authorizing the New York Stock Exchange (NYSE) and the Chicago Options Exchange (Cboe) to … Read more
Finally, the “uptober” effect, long awaited by investors, began to be seen. Overall, there are optimistic expectations for cryptocurrencies between now and the end of the year. Demand for bitcoin (BTC) exchange-traded funds (ETFs) in the United States has skyrocketed this week, putting upward pressure on the price of the currency. 1.86 billion dollars (USD) … Read more
He is accused of conspiring to commit aggravated identity theft and access device fraud. That day, bitcoin skyrocketed and rose $1,000, but then corrected and lost $2,000. The FBI today announced the arrest of Eric Council Jr., 25, in Athens, Alabama, for his alleged role in hacking the U.S. Securities and Exchange Commission (SEC) account … Read more