Governments – DIGIT INFO

Global Crypto Power Plays: Which Governments Are Hoarding the Most Bitcoin?

DIGIT — Sun, 08 Dec 2024 14:30:30 +0000

Amid chatter about the U.S. potentially establishing a strategic bitcoin reserve, conversations are buzzing about which governments already stockpile the largest bitcoin stashes. Here’s a comprehensive look into the top five governments with the heftiest bitcoin holdings as of Dec. 2024. Inside the Secret Bitcoin Vaults of Governments: U.S., China, and Beyond Many people might […]

Go to Source

Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences

DIGIT — Thu, 24 Oct 2024 06:46:21 +0000

Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government interference, is frequently mistaken for “crony capitalism.” This latter system sees heavy government involvement, often to the advantage of particular businesses or industries through subsidies, […]

Go to Source

Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity

DIGIT — Mon, 18 Mar 2024 14:46:08 +0000

As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more than ever before. Additionally, post the 2028 halving, miners will receive 1.5625 […]

Go to Source

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

DIGIT — Tue, 28 Mar 2023 19:00:23 +0000

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international […]

Go to Source

Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds

DIGIT — Mon, 19 Sep 2022 14:00:26 +0000

The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the […]

Go to Source

Harvard Professor Rogoff: Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies

DIGIT — Wed, 20 Jul 2022 02:30:54 +0000

Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.” Harvard’s Professor on Cryptocurrency Regulation American economist […]

Go to Source

Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’

DIGIT — Sat, 09 Jul 2022 19:00:51 +0000

This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The discussion touches upon […]

Go to Source

Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion

DIGIT — Sat, 26 Jun 2021 18:00:11 +0000

The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion and it aims to expand its resources and deepen data to cover more cryptocurrencies […]

Go to Source

Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High

DIGIT — Sun, 09 May 2021 05:29:23 +0000

On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen, and grin have seen significant gains as […]

Go to Source

Jim Rogers Regrets Not Buying Bitcoin but Warns Governments May Outlaw Cryptocurrencies

DIGIT — Fri, 05 Mar 2021 02:30:18 +0000

Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency. Jim Rogers’ Bitcoin Regret Jim Rogers said in an interview with Real Vision this week that he wished he had […]

Go to Source