Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency ReservesThe chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily tradable, given their use in international payments. Swiss National Bank on […]

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Bitcoin Conference to Bring Star-Studded Lineup of Speakers to Hong Kong on Dawn of Historic ETFs

PRESS RELEASE. Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong’s commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is […]

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Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot

Bank of Russia and Rosfinmonitoring Reveal Fiat to Crypto Tracking System PilotThe Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected to run until April, but can be extended. […]

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BlockDAG’s Momentum Surpasses Cardano Price Predictions & Toncoin’s Outlook

BlockDAG Leads with Moon Keynote Strategy as Presale Hits $20.6 Million Amid Cardano Downturn & Toncoin’s Telegram-Driven Rise BlockDAG is making headlines in the cryptocurrency world with its dynamic moon keynote strategy, achieving a remarkable $20.6 million in its presale amidst the fluctuating market trends. As Cardano experiences a notable downturn with a 27% drop in price, and Toncoin enjoys a rise fueled by its new Telegram partnership, BlockDAG distinguishes itself with groundbreaking innovation.  The introduction of its moon keynote has captivated investors, further elevating the project’s visibility and appeal in a competitive field. This strategic move not only boosts

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Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns

On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]

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Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’

Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]

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