Bitcoin

Hellish US Debt Scenario Could Propel Bitcoin to $1 Million by 2030

Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $1 million by 2030, driven by the rise...

Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows...

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large...

Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer

A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The...

Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition,...

UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto

A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth...

US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials

The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency...

Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse

A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world...

$3M Bitcoin Forecast: Vaneck’s Model Sees Central Bank BTC Adoption

Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global...

Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash

Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s...