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Grayscale's monumental transfer of $1.01 billion in Ethereum to Coinbase Prime has everyone buzzing! 🌐💰 This strategic move sets the stage for Ethereum-lin...

Discover how Swiss institutions are revolutionizing real-time crypto payments! 🌍💸 In this video, we explore how AMINA Bank AG and Sygnum Bank AG are leadin...

Bitcoin's recent value drop sent shockwaves through the market, leaving traders scrambling to understand the sudden chaos. Amidst this turbulence, we dive in...

Kamala Harris: The Leading Democratic Candidate? 🌟Is Kamala Harris the frontrunner for the Democratic presidential nomination? Key endorsements from party h...

Leading cryptocurrencies have remained largely unchanged over the last day, in contrast to a rebound in U.S. stock markets, as traders responded to President...

As the 2024 US Presidential election approaches, rumors are swirling about former President Donald Trump's potential plans for Bitcoin. Set to deliver a keyn...

In a shocking turn of events, WazirX, one of India's leading cryptocurrency exchanges, has fallen victim to a massive security breach resulting in the loss of approximately $235 million. This incident marks one of the largest crypto heists of the year, sending ripples through the digital asset community. 00:00:00 Introduction 00:00:25 What We Know 00:00:51 Swift Action by Hackers 00:01:31 WazirX's Response 00:02:00 Protecting Your Crypto Assets 00:02:40 The Indian Crypto Landscape

Former U.S. President Donald Trump's likelihood of reclaiming the White House reached an unprecedented high on Saturday following a shooting incident at a ra...

00:00:00 Introduction00:00:21 China and Kazakhstan Partnership00:00:57 China's Leading Role in CBDC Development00:01:29 Kazakhstan's CBDC Efforts00:02:16 Glo...

00:00:00 Introduction 00:00:14 Survey Insights 00:00:42 Voter Expectations 00:00:58 Technological Literacy 00:02:19 Crypto-Related Issues 00:02:42 Political ...

The U.S. House of Representatives is set to reconsider a bill aimed at repealing the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin No....

In a significant development in the cryptocurrency world, German lawmaker and Bitcoin advocate Joana Cotar has called on the German government to cease its ongoing sell-off of Bitcoin and instead embrace it as a strategic reserve currency. This proposal comes amidst a backdrop of substantial Bitcoin sales by the German government, which have raised concerns among cryptocurrency advocates. On July 4, Cotar addressed a letter to members of Germany's government, imploring officials to "refrain from a hasty disposal of state-owned Bitcoin." Her argument centers on the potential of Bitcoin to serve as a hedge against risks associated with the traditional financial system. Cotar emphasized that Bitcoin has gained recognition as a legitimate asset class and a promising investment for the future, citing its remarkable price surge and growing acceptance among traditional financial institutions. The German government's Bitcoin holdings stem from a seizure by the Federal Criminal Police Office (BKA) in 2013, when approximately 50,000 BTC were confiscated from the operators of the popular piracy movie website Movie2k.to. Since June 19, the government has sold 8,083 Bitcoin, valued at approximately $462.1 million at current prices, according to cryptocurrency intelligence platform Arkham. The most recent sell-off, on July 4, involved $172 million worth of Bitcoin transferred to exchanges such as Coinbase, Kraken, and Bitstamp. Following these sales, Germany now holds 41,774 Bitcoin, worth about $2.27 billion. Cotar argues that continuing this sell-off is "not sensible" and "counterproductive" for Germany's interests. Instead, she proposes developing a comprehensive Bitcoin strategy that could include keeping Bitcoin in the state treasury, issuing Bitcoin bonds, or creating a conducive regulatory environment. She outlines several advantages for the German government in retaining its Bitcoin holdings: Asset Diversification: Including Bitcoin in the treasury alongside traditional fiat currencies and gold reserves could diversify the nation's assets, reducing risks associated with overexposure to a single asset class. Inflation Hedge: Bitcoin's scarcity and deflationary nature make it an attractive alternative for wealth preservation, potentially protecting national reserves from inflation and currency devaluation. Portfolio Performance: Various studies have shown that Bitcoin's risk-adjusted returns surpass those of traditional investments like stocks and bonds over the long term, potentially enhancing overall portfolio performance. Economic Development: Developing a favorable regulatory framework for Bitcoin-related activities could open doors for new businesses and technological progress, fostering economic development in the country. Innovation and Talent Attraction: A Bitcoin-friendly legal framework could promote research and development in the financial and technology sectors, attract top talent, and foster collaboration between private companies, government institutions, and the scientific community. To further her cause, Cotar has invited four German politicians to attend the "Bitcoin Strategies for Nation States" event in October, aiming to persuade her peers of Bitcoin's strategic value. However, the German government's ongoing Bitcoin sell-off, coupled with other factors such as Mt. Gox's $9 billion compensation plan to creditors, has been blamed for Bitcoin's recent price drop. The cryptocurrency's value has fallen below $55,000, returning to levels last seen in February. The situation has attracted attention from other players in the cryptocurrency world. Tron founder Justin Sun recently proposed to buy Germany's $2.3 billion worth of Bitcoin to minimize market damage. As governments worldwide reevaluate their stance on Bitcoin, either to foster innovation within the ecosystem or enforce stricter regulations, Cotar believes that understanding the benefits of Bitcoin can be challenging for individuals, governments, and politicians alike. However, she maintains that a well-designed Bitcoin strategy has the potential to reshape a country's development, foster economic prosperity, and safeguard fundamental human freedoms for all citizens. As the debate continues, the cryptocurrency community watches closely to see how Germany and other nations will navigate the complex landscape of digital currencies and their potential role in national economic strategies.

Tangem, a provider of self-custodial hardware crypto wallets in the form of smart cards, has partnered with Visa to introduce a revolutionary payment solutio...

In a sudden market downturn, Bitcoin (BTC) briefly plunged to $57,874 on Coinbase on July 4, marking its first dip below $58,000 in over two months. This sharp decline triggered a wave of liquidations across the crypto market, with long positions bearing the brunt of the losses. According to data from CoinGlass, over $230 million in leveraged long positions were wiped out in the past 24 hours. Bitcoin-tracked futures saw more than $60 million in liquidations, while Ethereum (ETH) futures faced similar losses. Other cryptocurrencies, including Dogecoin (DOGE), Solana (SOL), XRP, and even meme coin Pepe (PEPE), also experienced significant liquidations. The broader crypto market felt the impact of Bitcoin's decline. Ethereum dropped 4.5%, briefly touching $3,145. Binance Coin (BNB) fell 6%, while Solana (SOL) saw a dramatic 10.3% decrease, erasing much of its recent gains. The CoinDesk 20 index, tracking the largest tokens, registered a 4.8% decline in the last 24 hours. Market analysts attribute this sell-off to several factors. Chief among them are concerns about potential selling pressure from the defunct Mt. Gox exchange, which is scheduled to begin repaying approximately $8.5 billion worth of BTC to its creditors in early July. Additionally, there are worries about possible miner sales contributing to the downward pressure. Trading firm QCP Capital anticipates a subdued third quarter for Bitcoin, citing uncertainty surrounding the Mt. Gox bitcoin supply release. Despite the bearish sentiment, mentions of "buy the dip" have surged across social media platforms in the last two days, indicating that some investors view this as a potential buying opportunity. As the crypto market navigates these choppy waters, all eyes remain on Bitcoin's price action and the broader implications for the cryptocurrency ecosystem. The coming weeks will be crucial in determining whether this dip represents a temporary setback or the beginning of a more prolonged downturn

In a significant ruling for the cryptocurrency industry, Sam Ikkurty, the owner of Jafia LLC, has been ordered by a federal court to repay nearly $84 million...