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99Bitcoins
2w
319
Is European Central Bank Threatened By Bitcoin? German And Swiss Parliament Members Weigh In
- Joana Cotar, a member of German Parliament, said that the European Central Bank (ECB) is afraid of Bitcoin after realizing that Bitcoin is not going anywhere anymore.
- The ECB is trying to stir up unrest against those who bought Bitcoin early and is attempting to hinder people from looking into Bitcoin.
- Politicians and parties are part of the problem or they are the problem.
- We need to step up and give the power back to the people, and Bitcoin is a tool of freedom.
- Samuel Kullmann, member of Parliament, Canton Berne Switzerland, talks about his experience with fiat money.
- Kullmann started the parliamentary group Bitcoin. In March 2024, filed for political bills for a Bitcoin strategy in Canton, which will be debated in December of this year.
- The goal of people becoming more self-sovereign and financially included in the system necessitates the end goal of separation of money and the state.
- Members of German and Swiss Parliament are discussing Bitcoin, with the German Bundestag considering regulation or banning of Bitcoin.
- Those supporting Bitcoin argue that it is a tool of freedom against the government, while traditional finance professionals are more skeptical.
- Bitcoin enthusiasts see it as a natural progression towards a more liberated financial system, while detractors express concerns around regulation, volatility and illicit activity.
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Bitcoinsensus
2w
12
Image Credit: Bitcoinsensus
Franco Lee, Crypto Influencer, Faces Trial for Money Laundering
- Franco Lee, also known as Jianwu Li, is facing trial for suspected money laundering of bitcoin after his arrest in June.
- Lee allegedly facilitated large cash-crypto exchanges, earning significant commissions from transactions totaling €8.8 million over three years.
- Authorities seized over €600,000 in cryptocurrencies from Lee, highlighting the scale of his operations and financial dealings.
- Lee's case serves as a reminder of the need for stricter regulation in the cryptocurrency sector.
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Bitcoinist
2w
246
Image Credit: Bitcoinist
Bitcoin Ready To Test All-Time High As Demand Returns To Feb Levels
- Bitcoin has observed a rally beyond the $71,000 level as demand for the coin has increased.
- The on-chain metric of Apparent Demand, which measures the difference between BTC production and changes in inventory, has surged to notable positive levels, reaching the same high as in February.
- The recent burst of demand has accompanied a rally in Bitcoin's price, surpassing $72,000.
- The Bitcoin Energy Value, a model that calculates fair value based on energy consumption in mining, has recently crossed the $100,000 level.
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Coinpedia
2w
156
Image Credit: Coinpedia
Is Trump’s Potential Victory Boosting Bitcoin Past $70k? $80k Could Follow Soon
- Bitcoin is experiencing a significant rally, approaching its all-time highs.
- Speculations arise about Bitcoin reaching $80,000, $90,000, or even $1 million in the next few years.
- Spot Bitcoin ETFs attracted $3.1 billion in inflows in the last two weeks, boosting the total market cap to $73 billion.
- Analysts suggest that investors are optimistic about the impact of the upcoming U.S. election on the crypto industry, expecting Bitcoin to hit $80,000 this year.
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Coinjournal
2w
200
Image Credit: Coinjournal
BlackRock’s spot Bitcoin ETF hits $30 billion, sets new record in 293 days
- BlackRock’s spot Bitcoin ETF has reached $30 billion in assets in just 293 days, setting a new record.
- This milestone showcases the rising interest in crypto investments.
- BlackRock now holds more than 417,000 Bitcoin, valued at $30.4 billion.
- Bitcoin ETFs could reach one million Bitcoin soon, potentially surpassing Satoshi Nakamoto's wallet by mid-December.
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Crypto-News-Flash
2w
86
Image Credit: Crypto-News-Flash
Litecoin’s Long-Term Holders Rank 2nd Only to Bitcoin, Beating Ethereum
- Litecoin ranks second to Bitcoin in terms of average holding period, surpassing Ethereum.
- Bitcoin leads with an average holding period of 4.4 years, followed by Litecoin at 2.6 years.
- Litecoin's increase in average holding time suggests the growing presence of long-term investors.
- The potential launch of a Litecoin ETF contributes to the recent bullish momentum of Litecoin.
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Bitcoinsensus
2w
82
Image Credit: Bitcoinsensus
Paxos CEO Urges US Presidential Candidates to Embrace Stablecoins
- Paxos CEO, Charles Cascarilla, urges US presidential candidates to adopt stablecoins to maintain the dollar's global dominance.
- Cascarilla believes stablecoins could revolutionize the payment system and enhance participation in the global economy.
- The upcoming presidential election could have regulatory implications for the crypto landscape in the next four years.
- The adoption of stablecoins could improve the efficiency of the banking system and promote greater economic inclusion.
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Bitcoinsensus
2w
328
Image Credit: Bitcoinsensus
Visa and Coinbase Partnership for Direct Crypto Buying
- Visa and Coinbase announced a partnership.
- Visa debit card holders can now buy crypto directly in real-time.
- The feature is available to customers in the United States and the European Union.
- The collaboration aims to increase economic freedom and flexibility for users.
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Cryptoslate
2w
410
Image Credit: Cryptoslate
Russia halts crypto mining in energy-strapped territories
- Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages.
- Specific regions, including the Far East, southwestern Siberia, and the South, are experiencing limited energy availability.
- Enforcement actions against illegal or home-based crypto miners are already underway.
- President Vladimir Putin recently signed a digital asset regulation law that grants the government the authority to ban or limit crypto mining in select regions or territories.
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Altcoinbuzz
2w
237
A Crypto Portfolio that pumped 500% | Explosive Altcoins Inside
- Altcoin Buzz Alpha reveals the 5 main pillars for investment of its crypto portfolio.
- The first pillar focuses on coin selection, starting with large-cap holdings such as Bitcoin and Ethereum.
- The second strategy is to spread risk by diversifying with quality mid-caps and small-caps projects.
- Small caps under $100 million market cap are specifically targeted for their high-risk, high-reward potential.
- The second pillar focuses on how much of the portfolio to risk on each investment, with a mix of long-term investments and cash set aside for trading opportunities.
- Altcoin Buzz Alpha does not provide financial advice, and any information or strategies mentioned are for educational, entertainment, and informational purposes only.
- Investments in Bitcoin and other cryptocurrencies are high-risk and require due diligence.
- Altcoin Buzz Alpha has a solid track record of making profitable calls on cryptocurrency trades.
- In conclusion, the five pillars for investment selection discussed in this article are a mix of investment in large-cap holdings as a foundation with diversification into mid-cap and small-cap altcoins.
- Risk management techniques such as diversification and sound trading strategies are important to protect against busting portfolios or significant losses.
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Crypto-News-Flash
2w
77
Image Credit: Crypto-News-Flash
BRICS Nations Expected to Drive Bitcoin Adoption, Says VanEck
- The BRICS bloc, consisting of Brazil, Russia, India, China, and South Africa, is expected to drive the adoption of Bitcoin (BTC) according to VanEck's Head of Digital Asset Research, Matthew Sigel.
- The BRICS alliance, which has recently expanded with the addition of five new nations, expressed its commitment to shift away from the US dollar but stated that it will not build new infrastructure for de-dollarization.
- Bitcoin's decentralized nature and technical features make it a viable option for the BRICS bloc, which has a combined GDP greater than the G7 countries.
- Bitcoin's usage is increasing globally as countries look for alternatives to circumvent US fiscal policy, and its price surge coincides with growing institutional interest in Bitcoin ETFs.
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Crypto-News-Flash
2w
302
Image Credit: Crypto-News-Flash
Bhutan Government’s BTC Transfer Sparks Speculation Amid $71K Bitcoin Surge
- Bhutan's government transferred 935 BTC ($66 million) to Binance amid Bitcoin's surge to $71,000.
- Bhutan holds substantial Bitcoin holdings, estimated at nearly $800 million, through its subsidiary Druk Holdings.
- The government's transfer suggests potential plans to sell Bitcoin through the world's largest crypto exchange.
- Bhutan's strategic shift into Bitcoin mining leverages its abundant hydroelectric power.
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Crypto-News-Flash
2w
117
XRP News: Chris Larsen Labels Kamala Harris as Key Pro-Crypto Candidate
- Chris Larsen, executive at Ripple, has shown support for Vice President Kamala Harris due to her pro-innovation message and plans for crypto industry regulation.
- Larsen has donated over $11 million in XRP to boost Harris' campaign against Donald Trump.
- He believes that Harris' administration will take a different approach to crypto policies compared to the Biden administration.
- Harris has emphasized the importance of blockchain and supporting emerging technologies like AI and digital assets.
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Newsbtc
2w
237
Image Credit: Newsbtc
Dormant Bitcoin Wallet From 2012 Awakens, Moving Millions—BTC Price To Dip?
- A dormant Bitcoin wallet from 2012 has been reactivated, moving millions of dollars.
- Approximately 159.2 BTC, valued at $11.3 million, was transferred from the wallet.
- The wallet's owner and their intentions remain unidentified.
- The reactivation coincides with Bitcoin's recent price surge.
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Coinpedia
2w
220
Image Credit: Coinpedia
Crypto Price Today (Oct 30th, 2024): Bitcoin Profit-Taking Curbs ATH Hopes?
- The crypto market cap rises to $2.44 trillion with a 3.83% increase.
- Bitcoin price pulls back to $71k levels after approaching ATH.
- Ethereum rises 1%, while Solana and XRP experience minor declines.
- Maker emerges as the top gainer, while Kaspa sees a significant drop.
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