Saylor floats US crypto framework with $81T Bitcoin reserve plan
Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country’s national debt.
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Stocks fall, yields rise as inflation data comes in hotter than expected
The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected. October 12, 2023Stocks fell in the US today as newly released inflation data overshot expectations. The Dow Jones Industrial Average fell by 173.73 points (0.51%), to 33,631.14. The S&P 500 declined by 27.34 points (0.62%)
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin. 1982 Total views 25 Total shares Prominent Indian entrepreneur and government advisor Nandan Nilekani has spoken in favor of cryptocurrencies as the government reportedly mulls a ban on private digital assets. Nilekani joined a Clubhouse session…
Russian Parliament Considers Imposing Fines on Crypto Mining by End of June
Russia’s parliament, the State Duma, is considering imposing administrative responsibility for the mining of cryptocurrencies, local news outlet TASS reported on June 7.In an interview with TASS, Anatoly Aksakov, the chairman of the State Duma Committee on the Financial Market, said that the government may introduce administrative responsibility for digital currency mining by the end…
Zilliqa’s ‘metaverse’ debut pumps ZIL price 350% in just five days — selloff ahead?
Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April.ZIL rallied nearly 25% in one day to $0.22 a token by Wednesday, its best level since May 13, 2021. Its strong move came as a part of a rebound rally that started March…
Bitcoin Price: Bullish Macro Trend Intact — But $6,800 Will Be Key
As the price of Bitcoin (BTC) was retracing from the massive rally four weeks ago, no clear indications were seen on the charts of a potential reversal. Thus, the price started to accelerate downwards to the next support areas, causing the price to drop $1,000 within one day.Crypto market data. Source: Coin360However, is the bear…
Crypto could solve venture capital’s due diligence problem — VC exec
Venture capitalists battling with the difficulties of proper crypto firm due diligence should be looking at getting back to the basics — to "trust the chain," a crypto-focused venture fund executive argues. Speaking to Cointelegraph, John Lo, head of digital assets at Recharge Capital — a $6 billion fund with crypto and decentralized finance (DeFi) projects…
Japan’s Top Credit Card Issuer Building Blockchain Payment System
Japan-based JCB is partnering with local venture capital firm TECHFUND to create a sustainable blockchain-based transaction system. 639 Total views 23 Total shares The biggest credit card issuer in Japan, JCB, has partnered with technology accelerator TECHFUND to build a sustainable transaction system on the blockchain.According to a May 15 statement released by JCB, the…
Top Coins Are Trading Sideways While Oil Reports Mixed Signals
Tuesday, May 28 — Major cryptocurrencies have continued trading sideways, reporting mixed signals at press time, according to Cointelegraph’s Coin360 data.Market visualization from Coin360After steadily pushing to the $9,000 price mark on May 27, bitcoin (BTC) is now trading at around $8,732. The leading cryptocurrency has lost 0.17% over the day, while its highest and…