U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since leaving office. Meanwhile, some analysts predict that bitcoin’s price could reach record highs if Trump wins the presidential election this year. […]
Ethereum Transaction Fees Climb 219% in 3 Weeks as Onchain Crypto Transfers Become Pricier
Over the last three weeks, the transaction costs for bitcoin (BTC) have climbed sharply, reaching a peak of $ 15 per transfer just three days ago. Similarly, the cost to transfer ethereum (ETH) has jumped significantly. In the span from October 22 to November 12, 2023, the average fee for ethereum transactions soared by …
Bitcoin Soars to Become 11th Largest Global Asset, Nearing Berkshire Hathaway’s Valuation
The value of bitcoin (BTC) climbed over 38% against the U.S. dollar in the past six months, registering a 125% increase year-to-date. Riding high at a peak not seen in 18 months, bitcoin’s market capitalization has ascended to become the eleventh-largest among global assets. This ranking includes an array of assets such as precious metals, […]
Binance Latam Regional VP: ‘We Intend to Become Regulated in Argentina’
Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in regulatory frameworks and prioritize user protection. Binance to Seek Regulatory Compliance in Argentina […]
American Economist Jeffrey Sachs Heralds End of Dollar Hegemony: ‘Central Bank Digital Currencies Will Become the Basis of Payments’
Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements. For Sachs, the abuse of the U.S. dollar as a geopolitical weapon is one of the factors that will contribute to its […]