Crypto News
BlueSky Sees Surge in New Users and Child Pornography
Swelling numbers for the decentralized social platform BlueSky have brought a wave of harmful content, leading to attempts to moderate it.Source link
Altcoin Boom on the Horizon? Stellar, Sui, Mantra, and Dogecoin Light Up With Triple-Digit Gains
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases. Altcoin Season Teases Investors Two weeks ago, the Altcoin Season Index (ASI) scored a modest 37 out of 100,Source link
Trump’s Bitcoin Backing and Supply Chain Agenda Could Position El Salvador as Key Ally: VanEck
The investment manager thinks the small Central American country will lead the region in terms of crypto and tech innovation.Source link
Brazil Introduces Bill to Establish Strategic Bitcoin Reserve
Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve to Bolster Economy and Embrace Innovation The legislation, titled “Projeto de Lei 4501/2024″ and authored by Federal Deputy Eros Biondini, aims to positionSource link
Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk
Crypto investing may have allowed lower-income Americans to buy their own homes at a higher rate than the rest of the population, according to a paper released Tuesday by the U.S. Treasury's Office of Financial Research.The rise in cryptocurrency investment in recent years came with a pronounced uptick in debt — most notably mortgages — sought in the areas where digital assets activity was highest, according to the research conducted by the Treasury's independent arm that sniffs out U.S. economic hazards. It was looking for evidence that such financial stretching may be a danger to U.S. stability, but so far the researchers found that delinquency rates in those places have remained low."Low-income consumers in high-crypto exposure areas are disproportionately more...