As an emerging economy, El Salvador believes the best way to hedge against the core fluctuations brought on by the US dollar devaluation can be effectively mitigated with Bitcoin.
The ban crypto transactions in Kuwait is reportedly part of a broader regulatory initiative that involves multiple supervisory authorities, including the Ministry of Commerce and Industry, the Central Bank of Kuwait, and the Insurance Regulatory Unit.
Tesla’s Q2 2023 earnings release has showcased the company’s ability to outperform market expectations.
According to Kennedy, backing the dollar with Bitcoin would help stabilize the economy. Kennedy has also spoken against anti-Bitcoin laws.
With the application on the SEC docket, members of the public will have 21 days to comment on Valkyrie’s proposal.
The Republican presidential candidate has remained anti-CBDC even in his current position having signed a bill to prohibit the use of CBDC in Florida.
The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a “surveillance sharing” clause.
The report highlights that the rapid growth in the Bitcoin hashrate is unlikely to continue at the same pace after the halving event.
Insufficient earnings on Twitter suggest that the platform’s advertising revenue may not have rebounded as quickly as previously anticipated.
The Bitcoin Lightning Network integration will allow Binance users to select the “LIGHTNING” options for the deposit and withdrawals of Bitcoins.
Spot Bitcoin ETF applications have recently been on the rise throughout the industry.
After 12 months of the planned launch, Jacobi Bitcoin ETF revealed that the first spot BTC ETF in Europe is about to see daylight.
Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree.
The analysts forecast that Bitcoin halving next year will be a huge bullish trigger amid increased demand from institutional investors.
Galaxy Digital CEO Novogratz argued that the recent Bitcoin ETF frenzy is an indicator that mass adoption is around the corner but the SEC remains a huge stumbling block.