Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in the near future. Dent predicts that gold may lose value to the […]

Go to Source

Powered by WPeMatico

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

FTX's $5.5 Billion in Alleged 'Liquid Assets' Includes Locked SOL Cache and Illiquid FTT HoldingsTwo days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]

Go to Source

Powered by WPeMatico

Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets

Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital AssetsThe Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List Digital Financial Assets, Central Bank of Russia Suggests Stock exchanges and central […]

Go to Source

Powered by WPeMatico

Russian Lawmakers Move to Allow Crypto Payments Under Contracts

Russian Lawmakers Move to Allow Crypto Payments Under ContractsMembers of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend Civil Code to Legalize Contractual Crypto […]

Go to Source

Powered by WPeMatico

Korean Government Clarifies Position After Supreme Court Crypto Ruling

Korean Government Clarifies Position After Supreme Court Crypto RulingThe South Korean government has clarified its position in response to the recent ruling by the country’s Supreme Court stating that cryptocurrency is an asset with measurable value that can be confiscated. The government says its position should be viewed separately from that of the Supreme Court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

The post Korean Government Clarifies Position After Supreme Court Crypto Ruling appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”

Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”Russia’s Prime Minister Dmitry Medvedev has shed some light on the progress authorities are making towards adopting the long-awaited crypto regulations. Legislators will replace common words like “cryptocurrencies” and “tokens” with legal terms such as “digital money” and “digital rights”, he revealed. Two draft laws have been filed in the Duma. One of the bills […]

The post Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights” appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Crypto Tax Breaks Proposed by Officials in Russia

Crypto Tax Breaks Proposed by Officials in RussiaTax exemptions on profits from crypto-related transactions have been proposed during a meeting at the Ministry of Economic Development of Russia. Participants also called for a 10 fold increase of the limit for individual investments in ICOs. Russians should be allowed to open accounts with foreign exchanges, officials insisted.   Also read: Russian Lawmaker Proposes […]

The post Crypto Tax Breaks Proposed by Officials in Russia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Satoshi Revolution – Chapter 4: Is Privacy Possible in the Digital Era? (Part 3)

Is Privacy Possible in the Digital Era?Recent inventions and business methods call attention to the next step which must be taken for the protection of the person, and for securing to the individual … the right “to be let alone” … Numerous mechanical devices threaten to make good the prediction that “what is whispered in the closet shall be proclaimed from the house-tops.”

— Louis Brandeis

The post The Satoshi Revolution – Chapter 4: Is Privacy Possible in the Digital Era? (Part 3) appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico