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Bitcoin (BTC)

European Central Bank: Bitcoin Is Quickly Becoming Irrelevant

The European Central Bank has issued a statement claiming that bitcoin is on its way out and closely approaching “irrelevance.” The European Central Bank Is not a Bitcoin Fan The financial institution released a blog entitled “Bitcoin’s Last Stand” that details the fall of the world’s number one digital currency. Interestingly, the bank does not refer to FTX and its November collapse as the reason as to why bitcoin is doing so poorly. Rather, it hints that bitcoin was on...

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The Race for Bitcoin Is A Matter of National Security (Opinion)

Financial markets for everything, including crypto, remain on pause as we mark off the first week of 2023. At this time of global economic uncertainty, people are holding their cash close. Here’s why it’ll be increasingly important for governments to hold their Bitcoin close. Bitcoin’s price barely budged after the release of the latest jobs report. It moved less than a percent, holding above $16,900 as the job data suggested more rate hikes. Bitcoin Is Poised To Become The...

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Here’s How Crypto Is Already Addressing FDIC Fed Joint Statement on Risk Assets

The Federal Reserve and FDIC (Federal Deposit Insurance Corporation) released a joint statement on Tuesday, Jan 3. The paper describes the risks of holding digital assets. But here are some of the ways crypto is addressing those risks with network design and code. The Fed and FDIC say that with crypto, there is a “risk of fraud and scams among crypto-asset sector participants.” But there are also several countermeasures and security techniques in crypto. Furthermore,...

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L’Entonnoir du bitcoin

L’Entonnoir du bitcoin est un Live stream Twitter à retrouver tous les dimanches à 18h00. On y parle exclusivement de Bitcoin et de son actualité. Où ? – Sur Twitter Quand ? – Dimanche 8 janvier 2023 à 18h00. Au programme : – Nostr, un protocole de réseau social ouvert, décentralisé et résistant à la censure.*– Bitcoin et héritage – Nouvelles en tout genre pour rattraper ces trois dernières...

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ApeCoin Charts Monthly High, Bitcoin Calm Below $17K (Weekend Watch)

Bitcoin continues to be unable to overcome $17,000, despite briefly jumping above that level yesterday. The altcoins have also calmed following the notable gains charted at the start of the weekend. ApeCoin, though, has marked a near one-month high. Bitcoin Stalls Below $17K 2022 brought little joy for the bitcoin bulls and the end of the year was quite similar, with the asset falling to a multi-week low of under $16,500. After a few calm days around New Year’s Day, the...

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The Scope of Crypto Winter: 70K BTC Millionaires Shook Out in 2022

With the turnover of the new year, Bitcoin price analyst predictions are out. Meanwhile, a survey of the damage from the protracted 2022 crypto winter shows 70K fewer BTC wallet addresses with $1 million USD worth of Bitcoin or more. It has now been over a year since Bitcoin’s (BTC) last all-time price high of $68,789 on November 10, 2021. Since then, at today’s fair market price on crypto exchanges of around $16,900 for the coin, the Bitcoin price had declined 75% from the...

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La Tentation du bitcoin

Nouvel ajout à la liste des établissements qui acceptent le bitcoin « on-chain » et Lightning : le restaurant La Tentation à Montbrun-les-Bains dans la Drôme. Adresse : Le chabrérieux, Montbrun-les-Bains – Tel : +33 4 75 28 87 26 « Le restaurant pizzeria “La Tentation” à Montbrun les Bains accepte les paiements en Bitcoin à depuis le 1er janvier 2023 ! (14 ans après le 1er bloc miné… il était temps !). J’ai pris soin de vérifier avec mon comptable que cette...

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Despite SEC Battle, XRP Investment Products Saw Record Inflows in 2022: Report

2022 saw many crypto-assets lose value, prompting investors to pull their money from the market. During turbulent times, inflows plummeted massively. According to the latest report by CoinShares, the digital asset inflow was recorded at $433 million, the lowest in four years. The last time figures were hovering near the current level was in 2018, when inflows stood at $233 million. Bitcoin saw the third-worst year for inflows with $287 million after declining by well over 60%...

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Singapore Takes Big Measures to Protect Crypto Holders

When it comes to risky assets like crypto, Singapore banks are no longer required to hold 1:1 in collateral, but rather 1.25:1. What this means is that for every $1 in cryptocurrency, a financial institution needs to hold $1.25 in regular cash. This is designed to ensure there are enough reserves in place to cover losses or other problems should the crypto industry decide to crash and burn all over again. Singapore Is Trying to Stop Future Crypto Problems 2022 was one of...

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