Economic news

Bitcoin’s Trajectory: A Mathematical Glimpse into a $1 Million Future

The Bitcoin Power Law model predicts Bitcoin's price reaching $1 million per unit by 2033 and an impressive $10 million by 2045. The...

House Committee Advances Bill to Repeal SEC Bulletin Impacting Crypto Custody Services

The House Financial Services Committee in the U.S. Congress advances resolution 109 to disapprove SEC SAB 121, aiming to remove restrictions on banks...

Nigeria Disputes $10B Binance Fine Amidst Cryptocurrency Regulatory Strife

Nigerian government denies the existence of a $10 billion fine for Binance, refuting BBC reports. Special adviser Bayo Onanuga claims misquotation, clarifying that...

Big Banks Lobby for Role in Bitcoin ETF Custodianship

Financial Institutions FOMO: Major U.S. banks express interest in becoming custodians for spot Bitcoin ETFs. SEC Petition: Coalition of trade groups urges SEC...

Pro-Crypto VP Victory: Prabowo Subianto and Gibran Rakabuming Raka Secure Indonesia’s Presidential Race

Pro-Crypto Leadership: Prabowo Subianto and Gibran Rakabuming Raka clinch victory in Indonesia's presidential race, securing approximately 58% of the votes. Blockchain Focus: Gibran...

Ethiopia Emerges as Hub for Chinese Bitcoin Miners Amid Hydropower Boom.

Ethiopian Bitcoin Mining Boom: 21 bitcoin miners, predominantly Chinese, sign power supply agreements. Foreign Exchange Focus: Ethiopia prioritizes foreign exchange gains despite climate...

Spanish Treasury Targets Cryptocurrency in Tax Reform

Cryptocurrency Seizures: Spanish Treasury proposes tax reform to allow the seizure of cryptocurrency assets for tax debts. Agencia Tributaria Authority: The reform designates Agencia Tributaria...

Bitcoin Advocate Nayib Bukele Secures Second Term as El Salvador’s Presiden

- El Salvador's President Nayib Bukele Marks Landslide Victory: Bukele's party, Nuevas Ideas, secures over 85% of votes. - Bitcoin's Vocal Proponent: Bukele,...

El Salvador Defies IMF, Upholds Bitcoin as Legal Tender Amidst Loan Negotiations

El Salvador Stands Firm: Vice President Ulloa asserts bitcoin's legal tender status. IMF's Repeated Calls: IMF urges removal of bitcoin's legal tender status...

UAE’s Digital Dirham Marks Milestone with Cross-Border Transfer to China

Sheikh Mansour Bin Zayed Al Nahyan initiates a historic Dh50 million cross-border payment to China using the UAE Central Bank's Digital Dirham. The...

El Salvador’s Bitcoin Commitment Holds Strong Amid Elections

El Salvador's Vice President Félix Ulloa affirms commitment to Bitcoin if reelected. IMF approaches El Salvador to reconsider Bitcoin policies during $1.3-billion loan...

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Bitcoin’s Trajectory: A Mathematical Glimpse into a $1 Million Future

The Bitcoin Power Law model predicts Bitcoin's price...

House Committee Advances Bill to Repeal SEC Bulletin Impacting Crypto Custody Services

The House Financial Services Committee in the U.S....

Nigeria Disputes $10B Binance Fine Amidst Cryptocurrency Regulatory Strife

Nigerian government denies the existence of a $10...

Altcoins OCEAN and APT Poised for Potential All-Time Highs in March

OCEAN and APT, two altcoins, show promising upward...

Elon Musk Sues OpenAI Over Alleged Violation of Non-Profit Principles

Elon Musk initiates legal action against OpenAI and...
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