Cryptocurrency News

Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt – Economics Bitcoin News

[ad_1] Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy crisis, and an inflation …

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Blockstream Partners with Sevenlabs and Poseidon Group to Launch Decentralized Bitcoin Exchange

[ad_1] Cryptocurrency infrastructure service providers Blockstream, Sevenlabs, and Poseidon Group have partnered to launch XDEX, a decentralized exchange for bitcoin and securities assets, in Switzerland, according to Nasdaq. The exchange will support peer-to-peer trading within the cryptocurrency ecosystem, including bitcoin, stablecoins, and other bitcoin-related assets such as Liquid, a second-tier application that extends bitcoin. Users …

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BlackRock Bitcoin Private Trust to Be Benchmarked by Kraken’s CF Benchmarks Bitcoin Index

[ad_1] The world’s largest investment management firm BlackRock’s Bitcoin Private Trust will use the Kraken subsidiary CF Benchmarks Bitcoin Index as a benchmark for issuance, The Block reported. Last month, BlackRock partnered with Coinbase to provide its institutional clients with cryptocurrency trading services. A few days later, the company announced the launch of the Bitcoin Private Trust, …

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Armenia aims to position itself as a Bitcoin mining hub

[ad_1] At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018.  Situated at one of the hydroelectric plants on the …

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Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account – Regulation Bitcoin News

[ad_1] The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of the organization. …

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Coinbase Cloud Adds Solana Archive Node

[ad_1] Blockchain infrastructure protocol Coinbase Cloud launches Solana Archive Node to help developers build better products and services on Solana. Coinbase Cloud provides Web3 APIs, services, and blockchain infrastructure to power the next generation of software builders including data access, staking, payments, trade and exchange, identity, and more This is the first expansion of Coinbase …

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Can the government track Bitcoin?

[ad_1] Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency exchange that is run by a single entity, …

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Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations – Fintech Bitcoin News

[ad_1] The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank expects the digital currency to improve the efficiency of Ghana’s settlement systems as well as to “fast-track cross border trade.” CBDC to Complement …

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Bitcoin Struggles Below $20K While Daily Volatility Rises

[ad_1] The past two weeks took a different turn for almost all crypto assets, especially Bitcoin. Though the crypto market prices saw some positive moves to the north in July, most tokens could not sustain their growth afterward. In addition, there have been other losses in the crypto market recently, which has thrown the entire …

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Big questions about how laws and taxes apply to NFTs and the metaverse

[ad_1] NFTs can now serve as court documents… but they might also be unregistered securities, illegal loot boxes, or come with impossible tax demands.  Nonfungible tokens (NFTs) are thought of by most people as just funny pictures that degens on the internet spend far too much money on for poorly understood reasons. But Jason Corbett, …

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