Is the election the end for PolitiFi memecoins — Or just the start?
PolitiFi memecoins are surging as they near the US elections, which could mark their final act unless they find new life serving the community’s interest.
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Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin. 437 Total views 38 Total shares Zimbabwe’s minister of information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with…

Brian Kelly Says Next Target for Bitcoin is $6,000, With Crypto Markets Bottoming
Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that the next Bitcoin (BTC) target is going to be $6,000, CNBC reported on April 2.During an interview on CNBC’s “Futures Now” show, Kelly stated that “probably a reasonable target [for Bitcoin] is close to $6,000 for this move.” Kelly’s statement…

‘Hope Coin’: The Story of Malaysia’s Crypto Political Fundraising Platform
The ongoing controversy surrounding Malaysia’s proposed political cryptocurrency, Harapan Coin, is far from letting up. On Nov. 26, the country’s finance minister, Lim Guan Eng, weighed in on the issue by reiterating that any entity looking to issue a cryptocurrency should first refer to Bank Negara Malaysia (BNM) and the Securities Commission:“Don’t do it without Bank Negara’s…

Crypto ETP volumes surge 91%, outpacing underlying assets — Report
Global cryptocurrency exchange-traded products (ETP) have seen a significant uptick in 2023, reportedly outpacing the growth of underlying assets, according to a report by digital asset platform Fineqia.Crypto-based ETPs issued by companies like 21Shares, Grayscale and CoinShares recorded a 91% increase in total assets under management (AUM) from Jan. 1 to Oct. 31, 2023, Fineqia

US: Legislators Introduce Bill to Find Common Definition of Blockchain Technology
U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the "Blockchain Promotional Act 2018" in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. 1.The release notes that current definitions of blockchain technology in different draft bills differ. For this reason, the bill proposes that the U.S.…

NEC and Partners to Create Blockchain Identity System for Buenos Aires
A new partnership between a development bank, a nongovernmental organization (NGO) and a tech corporation is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. IDB Lab (the Innovation Laboratory of the Inter-American Development Bank Group), NGO Bitcoin Argentina and the Argentine subsidiary of NEC Corporation announced they had signed…

Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
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Clues to Explain Yesterday’s Bitcoin Hash Rate Flash Crash
The Bitcoin (BTC) network’s hash rate suffered a mysterious flash crash on Sept. 23, in a sudden intraday plummet from 98,000,000 TH/S to 57,700,000 TH/s.By press time, levels have recovered back to 92,800,295 TH/S— yet remain shy of their recent record of 102,848,135 on Sept. 18, as data from Blockchain.com reveals:Bitcoin network hash rate, Oct.…