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3232US vs. China: Trump’s Aide Predicts New Bitcoin Space Race
https://www.digit.info/us-vs-china-trumps-aide-predicts-new-bitcoin-space-race/
Sun, 08 Dec 2024 16:01:06 +0000https://www.digit.info/us-vs-china-trumps-aide-predicts-new-bitcoin-space-race/Read more]]>The rise of bitcoin as an international reserve asset might ignite a new space race. David Bailey, a cryptocurrency policy aide of President-Elect Trump’s campaign, stated that this new paradigm will pit the U.S., China, and a few other countries in a battle for supremacy. Trump’s Crypto Aide Announces the Start of a Bitcoin Space […]
]]>Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay
https://www.digit.info/paypal-expands-crypto-reach-60-million-venmo-users-now-linked-to-moonpay/
Fri, 18 Oct 2024 03:30:42 +0000https://www.digit.info/paypal-expands-crypto-reach-60-million-venmo-users-now-linked-to-moonpay/Read more]]>Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]
]]>4 Arrests, Sanctions Follow Global Operation Against Lockbit Group
https://www.digit.info/4-arrests-sanctions-follow-global-operation-against-lockbit-group/
Sat, 05 Oct 2024 08:30:30 +0000https://www.digit.info/4-arrests-sanctions-follow-global-operation-against-lockbit-group/Read more]]>Europol and multiple countries have taken a significant step against the notorious Lockbit ransomware group with four key arrests and international sanctions. A collaborative effort between France, the UK, and Spain led to the detainment of critical individuals, including a developer and a hosting administrator. The operation is part of a larger international crackdown known […]
]]>Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus
https://www.digit.info/coinbase-sees-strong-q4-for-bitcoin-fueled-by-us-rate-cuts-china-stimulus/
Mon, 30 Sep 2024 00:46:25 +0000https://www.digit.info/coinbase-sees-strong-q4-for-bitcoin-fueled-by-us-rate-cuts-china-stimulus/Read more]]>Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […]
]]>Cryptoquant CEO Expects Crypto Market to Skyrocket With CZ’s Return — ‘Bullish Vibes Everywhere’
https://www.digit.info/cryptoquant-ceo-expects-crypto-market-to-skyrocket-with-czs-return-bullish-vibes-everywhere/
Sun, 29 Sep 2024 00:30:42 +0000https://www.digit.info/cryptoquant-ceo-expects-crypto-market-to-skyrocket-with-czs-return-bullish-vibes-everywhere/Read more]]>Cryptoquant’s chief executive has expressed optimism about the return of former Binance CEO Changpeng Zhao (CZ), believing it could lead to major market movements. “Bullish vibes everywhere,” he said, emphasizing that CZ “just needs to post ‘I’m back’ and the market will skyrocket.” Cryptoquant Founder Expects CZ’s Return to Spark Market Surge Ki Young Ju, […]
]]>JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’
https://www.digit.info/jpmorgan-ceo-jamie-dimon-cautions-against-market-optimism-geopolitics-is-getting-worse/
Wed, 25 Sep 2024 01:30:07 +0000https://www.digit.info/jpmorgan-ceo-jamie-dimon-cautions-against-market-optimism-geopolitics-is-getting-worse/Read more]]>JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising tensions, including attacks on oil tankers and the ongoing Ukraine-Russia war. Dimon cautioned against over-optimism about the U.S. economy, advising a more […]
]]>Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status
https://www.digit.info/lavrov-says-he-agrees-with-donald-trump-on-us-sanctions-weakening-dollars-status/
Mon, 23 Sep 2024 03:46:17 +0000https://www.digit.info/lavrov-says-he-agrees-with-donald-trump-on-us-sanctions-weakening-dollars-status/Read more]]>Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of U.S. sanctions on the dollar and the American economy. Lavrov agreed that sanctions imposed by the Biden administration have weakened the dollar’s global reserve status. He further noted a global shift towards dedollarization, led by nations like […]
]]>JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead
https://www.digit.info/jpmorgan-ceo-jamie-dimon-on-fed-rate-cuts-bigger-economic-problems-ahead/
Thu, 19 Sep 2024 23:46:16 +0000https://www.digit.info/jpmorgan-ceo-jamie-dimon-on-fed-rate-cuts-bigger-economic-problems-ahead/Read more]]>JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon: […]
]]>Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
https://www.digit.info/global-surge-in-cbdc-development-134-countries-now-exploring-digital-currencies/
Thu, 19 Sep 2024 02:30:27 +0000https://www.digit.info/global-surge-in-cbdc-development-134-countries-now-exploring-digital-currencies/Read more]]>New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing forward. The U.S. remains lagging behind Europe and […]
]]>Former Commerce Secretary Warns US Headed for Recession
https://www.digit.info/former-commerce-secretary-warns-us-headed-for-recession/
Mon, 16 Sep 2024 03:30:20 +0000https://www.digit.info/former-commerce-secretary-warns-us-headed-for-recession/Read more]]>Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was artificially inflated by the $5 trillion in stimulus. He points to inflation, high consumer prices, […]