Bitcoin forecast to hit $200K by end of 2025: Bernstein
Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election.
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Media: Crypto Exchange Huobi’s OTC Trading Platform to Support India Rupee Transactions
Huobi, currently the world’s third largest crypto exchange by daily trading volumes, is set to support Indian rupee (INR) transactions on its proprietary peer-to-peer trading platform, according to an email cited by Crypto News India July 26. Huobi, whose over-the-counter (OTC) service will reportedly offer Indian users zero-fee trading on Bitcoin (BTC), Ethereum (ETH), and…

Nifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls to $10 and more
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year. 297 Total views 15 Total shares

Bitcoin analysts eye recovery to $105K, but ETF flows stagnate
Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.

Paraspace NFT protocol co-founder resigns after failing to overthrow CEO
The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically. 202 Total views 2 Total shares The Paraspace NFT protocol saga over the whereabouts of the protocol’s fund took another turn on May 19 as co-founder Jay Yao resigned from his position in…

Public interest in central bank digital currencies surpasses Bitcoin in 2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts. A new report from the Bank for International Settlements (BIS) shows that 2020 is the year that momentum behind central bank digital currencies (CBDCs) has truly taken off.Published on Aug. 24, BIS’ new working paper analyzes the global state of CBDC research…

South Korea Looks to Track Crypto Transactions in Light of Recent Scandal
A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software. 2320 Total views 64 Total shares The Korea Internet and Security Agency, or KISA, plans to develop an artificial intelligence-based software to trace cryptocurrency transactions on the dark web in response to the Telegram Nth…

Israel’s Central Bank ‘Not Recommended’ to Issue Own Digital Currency
An Israeli study group exploring digital currency options has recommended that the country’s central bank not issue its own token, a press release confirmed Nov. 6.The interdepartmental team, set up in November 2017 by the governor of the Bank of Israel to “examine the issue of central bank digital currencies [CBDCs],” revealed its findings in…

Court Backs County for Electricity Price Hike Targeting Crypto Mining
A Washington court has ruled against one individual and five companies that sued the Grant County Public Utility District No.2 for suddenly creating a new electricity pricing schedule for power consumed by “emerging industries” in December 2018.On March 12, Judge Rosanna Peterson of the U.S. District Court for the Eastern District of Washington found that…