Tag: News

Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores – Featured Bitcoin News

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Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple and Google do not deplatform Twitter. Elon Musk Could Launch Alternative Phone to Compete With Apple and Google Elon Musk revealed Friday the possibility of him launching his own smartphone, which would compete with iPhone and Android, should Apple and Google deplatform his newly acquired social media company. Twitter user Liz Wheeler…

I’m Still Bullish on Bitcoin — Crypto Cannot Be Blamed for FTX Collapse – Featured Bitcoin News

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, is still bullish on bitcoin despite the collapse of crypto exchange FTX. He stressed that the cryptocurrency cannot be blamed for the actions of former FTX CEO Sam Bankman-Fried. Robert Kiyosaki Still Bullish on Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, discussed the FTX collapse and bitcoin with guest Mark Moss on the Rich Dad Radio Show which aired earlier this week. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and…

After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market – Bitcoin News

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On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which lasted 415 days in length. ‘Surviving a Bear Is a Rite of Passage’ — Redditors Discuss Surviving the Second-Longest Bitcoin Bear Run During the last few months people have been curious about how long the…

Most Governments Understand Crypto Adoption Will Happen Regardless – Regulation Bitcoin News

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Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation After FTX Collapse The CEO of Binance, Changpeng Zhao (CZ), talked about cryptocurrency regulation following the collapse of crypto exchange FTX Friday at a Binance event in Athens, Greece. I think most governments now understand that adoption will happen regardless. It’s better to regulate the industry instead of…

El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’ – Bitcoin News

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After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which was signed by Bukele and El Salvador’s tourism and economy ministers. Salvadoran National Bitcoin Office Established With ‘Functional and Technical Autonomy Within the Presidency of the Republic’ On Nov. 25, a Linkedin post published by Torres Legal explains that El Salvador’s government…

State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News

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State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have violated securities laws without filing the proper registrations. Report Says Financial Regulators Are Investigating Genesis Global Capital and the Interconnected Activities of Other Crypto Firms There’s been a lot of focus on Genesis Global Capital and its lending operation since Genesis announced on Nov. 16, 2022 it was temporarily…

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year – Blockchain Bitcoin News

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This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized bitcoins minted on the Binance Smart Chain (BSC) dropped quite a bit over the last 11 months as well. Tokenized Bitcoin Supplies Shrank Significantly During the Last 11 Months At the time of writing, the…

DOGE Hits 3-Week High on Saturday – Market Updates Bitcoin News

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Dogecoin surged to a three-week high to start the week, as the token rallied for a second consecutive session. Overall, the meme coin has now traded higher for four of the last five days. Quant was another notable gainer in today’s session, moving to an eight-day peak. Dogecoin (DOGE) Dogecoin (DOGE) raced to a three-week high to start the weekend, as the meme coin moved to extend recent gains. Following a low of $0.08695 on Friday, DOGE/USD rallied to an intraday high of $0.09474 on Saturday. This gain in price…

ETH Surges Above $1,200 to Start the Weekend – Market Updates Bitcoin News

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Ethereum was back above $1,200 on Saturday, as bullish sentiment returned to cryptocurrency markets to start the weekend. Following recent stints in the red, the global crypto market cap is trading 1.91% higher as of writing. Bitcoin was also back in the green. Bitcoin Bitcoin (BTC) was marginally higher to start the weekend, as prices moved closer to a key resistance level. Following a low of $16,456.65 on Friday, BTC/USD rose to an intraday high of $16,666.86 earlier in today’s session. This move saw the world’s largest cryptocurrency move closer…

Bitget Launches Major Campaign With Messi to Reignite Confidence in the Crypto Market – Press release Bitcoin News

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press release PRESS RELEASE. Seychelles, Nov 26, 2022 – Leading global cryptocurrency exchange, Bitget, has announced a series of marketing campaigns with Lionel Messi, the Argentinian Football legend, with the launch of the brand film to celebrate the 2022 World Cup. With this USD 20 Million investment in campaigns and rewards, Bitget aims to benefit users with attractive rewards, help enhance market sentiment and reignite confidence in the crypto industry. Bitget announced its partnership with Lionel Messi with the first announcement campaign “A Perfect 10” in late October, receiving an…