Day: October 28, 2024

Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Expert Analysis

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Este artículo también está disponible en español. In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed to dispel the fear, uncertainty, and doubt (FUD) that have been circulating about “paper Bitcoin”—the notion that ETFs might be selling Bitcoin they do not actually possess—and to explain why Bitcoin’s price has not surged as dramatically as some might…

Latam Insights Encore: Brazil’s Determination to Build a New Financial System Will Guide BRICS Toward a Common Currency Agreement

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how Brazil’s firm determination to push the world toward a multipolar financial system can pay off in the long term. As the next chairman of BRICS, Brazil will be responsible […] Source CryptoX Portal

Dogecoin Poised For $0.1491 Breakout As RSI Reveals Bullish Potential

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Dogecoin is showing strong signs of a potential breakout, with technical indicators aligning for a possible move toward the $0.1491 mark. The Relative Strength Index (RSI) has shifted into bullish territory, signaling growing momentum and showing that further gains could be on the horizon. This uptick in RSI suggests that buyer confidence is strengthening, setting Dogecoin up for a significant upward push. This analysis aims to explore Dogecoin’s bullish potential as it approaches a key resistance level at $0.1491. It will provide insights into the increasing buying interest and the…

Blockchain Meets Basketball: How Coinbase Plans to Engage Golden State Warriors Fans 

The Golden State Warriors have entered a partnership with Coinbase, designating it as the official cryptocurrency and blockchain partner of both the team and Chase Center. Golden State Warriors Partner With Coinbase for Cryptocurrency Initiatives According to the announcement, the collaboration will involve a series of promotional events and blockchain-focused fan engagement activities scheduled throughout […] Source CryptoX Portal

US Crypto Regulation Needs a Hard Fork

The term “security” is defined to include, among other things, any stock, note, bond or investment contract. Federal courts have consistently held that crypto assets, in and of themselves, are not securities, but may be sold as the object of an investment contract security. Of course, instruments such as common stock and warrants are securities whether issued in tokenized form or not. But the most widely traded crypto assets more closely resemble currencies, trading cards and other commodities that ordinarily fall outside of the security definition. Source

FV Bank and Visa launch new cards to merge crypto and USD

FV Bank and Visa have partnered to introduce new debit and corporate expense cards, which were announced at Money 20/20 in Las Vegas. FV Bank’s new Visa cards let customers spend fiat and digital assets globally, marking a first in integrated banking and crypto solutions for individuals and businesses. According to the bank, these cards will allow FV Bank customers, both in the U.S. and internationally, to access and spend funds from their traditional USD and digital asset balances, offering global payment options at millions of locations. Fiat or crypto …

Crypto Exchange Coinbase Lands Partnership With the NBA’s Golden State Warriors

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US-based crypto exchange Coinbase is now the official cryptocurrency platform and blockchain partner of the NBA’s Golden State Warriors and its home court, the Chase Center. In a statement, the NBA says the deal will give Coinbase a prominent placement at Chase Center, making the firm’s brand visible during broadcast and in the arena.  The partnership will offer fans season-long access to on-chain experiences and limited edition merchandise, and additional benefits will also be given to those who sign up for a Coinbase account. Fans who will watch the team’s…