Bitcoin was recognized as property in the trial of the theft of 100 BTC, held in a London court on economic issues. According to Decrypt, the solution is interim and requires ratification. The plaintiff in the case was the head of the Alphabit fund Liam Robertson, who in July lost $ 1 million in cryptocurrency due to hackers. Then he made a deal on the phone […]
Economy
A selection of projects in the field of “end-to-end” digital technologies that intend to receive state support in the Russian Federation will be handled by a special interagency commission. This was reported by TASS with reference to a statement by the ANO "Digital Economy", designed to ensure interaction between business, experts and authorities in the implementation of the state program for the development of the digital economy of Russia. In addition to the organization’s representatives, the commission should include representatives of departments, […]
The Argentine peso and government bonds plummeted amid the crushing defeat of incumbent President Mauricio Macri in the primary. Meanwhile, bitcoin at local trading floors is trading at $ 300 higher than the average market price, while at Localbitcoins – and at all at $ 1000. Note, international investors fear the victory of the candidate from the opposition alliance "United Front" Alberto Fernandez, who […]
American entrepreneur and billionaire Mark Cuban in a conversation with Kitco News highlighted some of the advantages of bitcoin over gold. “I hate gold. Gold is a religion, said Kuban. “I do not see an alternative to currency in it.” However, he said, the precious metal has “some fundamental value.” Similar to gold and bitcoin, the price of these assets […]
Representatives of the People’s Bank of China said that soon their own digital currency will be launched in the country. It is reported by The Block with reference to Shanghai Securities News. So, the deputy head of the payment unit within the People’s Bank of China (NBK) Mu Changchun said that there is already a prototype of the digital currency, and the department’s research group has fully worked out the blockchain architecture for it. Issued […]
An influential venture investor, the head of Draper Associates, and one of the early followers of Bitcoin, Tim Draper, made some adjustments to his own forecast for the price of bitcoin. It will reach $ 250,000, but this can happen in the first quarter of 2023, and not in 2022, he stressed. If in NY, check out #drapervc investment, GRIT at 9 E 16th […]
Germany's largest insurance company Allianz is developing an electronic payment system based on digital currency for instant cross-border insurance transfers, Forbes reports. It is known that the cost of the token will be pegged to the US dollar in a ratio of 1: 1. Allianz Global Corporate & Specialty (AGCS), which has already developed and tested the underlying infrastructure, is creating the system. The next step in the company called testing […]
On August 14, US leading Bitcoin exchange Coinbase Pro will add support for the Algorand token and allow users to make deposits for at least 12 hours before the opening of trading. On Wednesday, August 14 our ALGO / USD order book will enter transfer-only mode, accepting inbound transfers of ALGO in supported regions. Orders cannot be placed or filled. Order books will be […]
Grayscale Investments has published a case study that describes the possibilities of using bitcoin as a hedging instrument in the face of financial instability, largely due to the trade war between the US and China. In particular, the authors point to the significant potential of BTC as a means of preserving value and a payment instrument that can fully manifest itself against the backdrop of the usual cyclical fluctuations […]
According to the observations of analysts at Binance Research, bitcoin, gold, Japanese yen, Swiss franc and 10-year US Treasury bonds immediately after Donald Trump's tweet increased almost simultaneously in value. $ BTC has rallied together with multiple safe-haven assets after Trump's latest tariff storm. Will the trade war continue to be a catalyst for # Bitcoin's price growth? ? pic.twitter.com/Ghf0eqvazF […]