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Bitcoin (BTC)

Binance to Unveil New Crypto-Based, Prepaid Card

Binance – the world’s largest and most popular crypto exchange – is unveiling a new prepaid crypto-based credit card to be utilized by consumers in regions like Colombia. The New Binance Card Will Be for Latin American Use The South American nation has become one of the biggest adopters of bitcoin and other digital currencies in recent years. It is the third most active member of Latin America when it comes to crypto trading and related activities. Number one is...

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Le Paradigme Bitcoin

« C’est avec une immense fierté que nous vous annonçons la deuxième édition du Paradigme Bitcoin, un des événements majeur en Suisse qui gravite autour de ce moyen d’échange de valeur révolutionnaire ! Porté par le succès de sa première édition, ce nouveau millésime se veut encore plus riche et varié. » L’événement se déroulera le vendredi 30 juin 2023 à La Chaux-de-Fonds dans le canton de...

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Bitcoin is a Gambling Token: Buffett Sings the Same Old Song

The legendary US investor and an outspoken critic of cryptocurrencies – Warren Buffett – launched another bashing manifest against bitcoin, classifying it as a “gambling token.”  He argued that most people invest in it in search of “easy money,” alerting that the pursuit of getting rich in a short period of time hides its risks. Throwing Stones at Bitcoin… Again Although bitcoin has soared by over 80% YTD amid the massive financial uncertainty, some people might never change...

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Governor Kristi Noem Vetoes Central Bank Digital Currency Bill

Republican governor Kristi Noem of South Dakota has vetoed a bill that would have established a central bank digital currency (CBDC) as a legitimate form of money without recognizing assets like BTC and Ethereum. Kristi Noem Shoves the Bill Aside In a recent statement, Noem commented: At this moment in time, such a government-backed electronic currency has not yet been created. More importantly, South Dakota should not open the door to a potential future overreach by the...

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Bitcoin Futures Index to Debut in Argentina in May

A Bitcoin futures index in Argentina is a huge relief as the country is currently struggling with high inflation. CNV, The securities regulator in Argentina, has approved a Bitcoin futures index on a local exchange. Following the approval, the Bitcoin futures index will launch in Argentina in May on Matba Rofex. The exchange got the green light to roll out the Bitcoin futures next month, boasting as the first Latin American exchange to onboard such a product. Authorizing the Bitcoin-based...

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Ethereum Shapella Upgrade Set to Go Live to Usher in New Era

Ethereum has often been touted as the only cryptocurrency with the right technology, embrace, and functionalities to outrank Bitcoin (BTC) in terms of market capitalization. The Ethereum network, dubbed the second-largest blockchain protocol by market capitalization, is set to undergo another significant upgrade dubbed Shapella. The Shapella upgrade is designed to usher in a new era wherein Ethereum staking products and services can produce rewards in a shorter time compared to the fund’s...

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Vegas Planet Hollywood Theater to Be Named After Crypto Platform Bakkt

The concert venue at Planet Hollywood in Las Vegas, Nevada has long been known as the Zappos Theater. The name, of course, stems from the famous online shoe company in which you can purchase any pair of shoes via the internet and have it delivered to your doorstep. Planet Hollywood and Bakkt Are Now Working Together Now, it appears the Planet Hollywood theater is going to have a new name, one that centers around a popular digital currency platform. The theater will be...

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Bitcoin Jumps $500 as US CPI Clocks in at 5% for March 2023

The initial expectations for the CPI numbers for March showed a decline in the inflation rates to 5.2%. In reality, the third month of the year saw an increase of 5%, shown by the Consumer Price Index. At the same time, the core CPI, which excludes more volatile niches such as food and energy, was expected to be somewhere between 5.5% and 5.6%. The Core CPI has actually matched the expectations, standing at 5.6%. The CPI for February stood at 6%, which was a decline compared...

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Former JPMorgan Executive Accused of Conducting Crypto Fraud

As per the Department of Justice, the executive took investors money saying that he would invest in high-yielding altcoins but actually used the money for his personal benefits. On Tuesday, April 11, the US Justice Department announced that a former investment banker who served at JPMorgan and the Deutsche Bank will face up to 20 years of jail term for allegedly committing crypto fraud. The DOJ arrested Rashawn Russell, 27, the registered broker, and shall be arraigned soon in the New...

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