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A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as … Read more
After an eventful opening day that saw discussions around the impact of Web3 and the growing adoption of the tech, Cointelegraph is all set to bring the key updates from the second day of the Summit at PBW 2023. Go to Source Powered by WPeMatico
Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely to recover compared to commodities when the crypto “heads toward … Read more
In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.” Go to Source Powered by WPeMatico
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.’” Coinbase CEO Brian Armstrong explained: “A Wells notice typically precedes an … Read more
The second phase of the TMS Network (TMSN) is ongoing, and the token is already set for massive gains similar to what it enjoyed in phase one. With this amazing performance, most experts’ prediction about TMS Network (TMSN) is bullish. It is also expected to perform grandly like Solana (SOL) and Uniswap (UNI). Solana’s (SOL) … Read more
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees. Go to Source Powered by WPeMatico
The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by SEC officials. Go to Source Powered by WPeMatico
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies for international trading “should be encouraged further.” Russia … Read more