India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global Unrest

November 15, 2024 Bitcoin.com

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Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability. Bernstein argues that India’s current focus on central bank digital currencies (CBDCs) and its classification of bitcoin as a “private currency” overlook BTC’s key […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

UK Crypto Rules Poised to Shift as Trump’s US Policy Gains Momentum

November 15, 2024 Bitcoin.com

bitcoin.com

The UK government reportedly plans to unveil new cryptocurrency regulations this month, aiming to bolster the UK’s position as a global crypto hub amid increasing competition from the U.S., where recent policy shifts under Donald Trump favor the industry. The UK Treasury’s proposed legislation will cover stablecoins and seek a specific exemption for staking services, […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Inside Russia’s Crypto Rules: Sberbank CEO Reveals Key Insights

November 14, 2024 Bitcoin.com

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Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely to be allowed in the near future. Speaking at the “FI day. Blockchain: on the edge of a new financial era” conference in Moscow, Gref clarified that while Russia’s new legislation permits the […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

An Elusive Indian Suspect at the Center of Indiana’s Crypto Fraud

November 14, 2024 Bitcoin.com

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Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM as part of the scam. The case, initially reported to the […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

FBI Raids Polymarket CEO’s Home, Seizes Devices Amid Trump Bet Controversy

November 13, 2024 Bitcoin.com

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The FBI reportedly raided the Manhattan apartment of Shayne Coplan, CEO of betting platform Polymarket, early Wednesday. The raid followed Polymarket’s accurate prediction of Donald Trump’s 2024 presidential victory, a result that contrasted with traditional polls. FBI agents seized Coplan’s phone and electronic devices, though he was not arrested or charged. A source close to […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Russia and China Join Forces to Prevent Global Crisis, Experts Say

November 13, 2024 Bitcoin.com

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China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of the UN Security Council, China and Russia are working together to uphold global peace and security through strong mutual trust and […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot

November 13, 2024 Bitcoin.com

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The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between the two countries. Trade turnover between Russia and India rose 9% in the first eight months […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken

November 12, 2024 Bitcoin.com

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Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly $33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump openly supporting cryptocurrency during […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Russia’s Gold Reserves Climb to $207.7B — A Shift in Global Strategy?

November 12, 2024 Bitcoin.com

Russia’s Gold Reserves Climb to 7.7B — A Shift in Global Strategy?

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Russia’s central bank reported a record high of $207.7 billion in gold reserves for October. Gold’s share in Russia’s total international reserves rose from 31.5% in September to 32.9%, the highest level since November 1999, when it reached 34%. Historically, the gold proportion peaked at 56.9% on Jan. 1, 1993, and dropped to a low […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

How a ‘No Questions Asked’ Crypto Scheme Became a Federal Target

November 11, 2024 Bitcoin.com

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A Danvers, Massachusetts man, Trung Nguyen, was convicted of money laundering and operating an unlicensed cryptocurrency business that converted over $1 million in cash to bitcoin. Through his company, National Vending, Nguyen ran a “no questions asked” cash-to-bitcoin service from 2017 to 2020, knowingly processing funds for criminals, including a meth dealer and romance scam […]

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