Trump pump? Bitcoin climbs to 2.5-month high as Trump widens lead
Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.
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China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC
The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC).As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC) accomplished the top-layer design of the planned digital yuan, developed relevant standards, carried out research and development and a joint testing…

First ICO mandating buyers to ‘use’ tokens is successful, collects $5M
The average contribution was just over $1,300. A new way of conducting token sales spearheaded by ConsenSys Codefi achieved its first success, with the planned sale of Skale Network tokens collecting just over $5 million.As Cointelegraph reported in February, the Skale token sale was the first to be launched on the Activate platform developed by…

Crypto trades in Thailand now reportedly subject to 15% capital gains tax
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty. 422 Total views 19 Total shares The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.Profits from crypto trading in Thailand are…

Why Bitcoin price abruptly dropped 3% in 30 minutes on OKEx freeze
OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price of Bitcoin (BTC) abruptly plunged 3% in 30 minutes across major exchanges.The nervousness in the market comes from the reason behind the withdrawal suspension and the potential implications it carries. The 15-minute price chart…

Vitalik Buterin claws back crypto community's right to redefine 'inflation'
The Ethereum co-founder asserts the crypto community's right to redefine "inflation" as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.

Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards
After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by Cointelegraph Brazil on Nov. 1. All in the name of preserving forex reservesThe measures were published in a…

BTC price battles 200-week moving average after $930M Tesla Bitcoin sale
A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support. 425 Total views 21 Total shares Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour…

TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. 2714 Total views 7 Total shares TechX Technologies Inc., a publicly traded company out of Vancouver, Canada, is in the process of acquiring a fiat-to-crypto gateway that it says will help strengthen synergies between traditional…