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Introduction Brazil has taken a significant step towards addressing the subject of digital currencies and their potential to enhance the financial system within the framework of the Group of Twenty (G20). Roberto Campos Neto, the President of the Central Bank of Brazil, has expressed his desire for the G20 to acknowledge the benefits of utilizing […]

The Vibrant Trading Environment of Bitcoin Bitcoin, with a market cap of $856 billion and a 24-hour trade volume of $38.39 billion, holds a significant influence in the crypto market. Its strong market indicators reflect a vibrant trading environment. However, a deeper analysis of bitcoin's technical data reveals a more intricate scenario unfolding in its

Bitcoin Reaches 20-Month High, Rivals Fall Short of Former Peaks On December 5, 2023, the value of bitcoin reached $44,490 per coin, its highest level in 20 months. This surge in value has also benefited many other cryptocurrencies, although they have not yet reached the peak values achieved during that time. The overall cryptocurrency market

A bill has been introduced in the U.S. state of New Jersey with the aim of classifying all cryptocurrencies issued and sold directly to institutional investors as securities. While the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security, SEC Chairman Gary Gensler holds the view that all other

Lawmaker Accuses SEC of Preferring Less Clarity U.S. Congressman Tom Emmer has criticized the Securities and Exchange Commission (SEC) for intentionally providing less clarity to the crypto market. Emmer accused the SEC of not adhering to the law and losing in court due to its deliberate policy preference. He questioned SEC Chair Gary Gensler's personal

Introduction Brian Armstrong, the CEO of Coinbase, one of the leading U.S.-based cryptocurrency exchanges, recently shared his thoughts on the potential role of Bitcoin in the future of Western civilization. In his post on X, Armstrong expressed his belief that Bitcoin could be the key to extending the influence and stability of Western civilization, particularly

Bitcoin's Price Surges to $44,000 Bitcoin has experienced a significant price surge, surpassing the $44,000 mark. This surge represents a 24% increase in the leading cryptocurrency's market capitalization over the past month, with a 17% increase in just the last two weeks. Bitcoin Breaks Through $44K Barrier This week, Bitcoin has seen a remarkable ascent,

Introduction Yiannis Giokas, a senior director with Moody's Analytics, has shed light on the primary factor behind the recent surge in bitcoin's price. He emphasized the anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) as the catalyst for this upward trend. Spot Bitcoin ETFs on the Horizon

The Indian Government's Revelation The Indian government has recently disclosed that 28 crypto service providers are currently registered with the country's Financial Intelligence Unit. This revelation sheds light on the growing presence of cryptocurrency-related entities in India's digital landscape. Anti-Money Laundering Guidelines and Reporting Requirements In addition, the Ministry of Finance has clarified that the

Introduction Altify, a new alternative investment platform, has been launched through a merger between two South African crypto exchange platforms, Revix and Bitfund, and an Austria-based digital asset platform. The platform aims to provide South African investors, particularly the younger generation, with access to alternative investment opportunities that are typically reserved for large institutions and