Bitcoin reserve won’t solve US debt crisis: Think tank co-founder

November 20, 2024
The Last Cryptocurency
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Cointelegraph Feed

Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do.

“When AltSeason 2?” has been on the minds of many investors for some time now. The average retail Joe Schmoe investor most likely draws some insight from crypto-sector leaders and Crypto-Twitter influencers who often post compelling charts of various digital assets with a captioned explanation of why or why not certain price action could lead…

How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $48,000 in late March.Bitcoin price in USD. Source: TradingViewCuriously, the difference in support levels has been getting wider as the correction continues to…

Cardano founder likens SBF to Bernie Madoff, accuses media of giving him ‘free pass’

Charles Hoskinson likened SBF to Bernie Madoff the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a 'free pass'. Cardano founder Charles Hoskinson has likened former FTX CEO Sam Bankman-Fried to infamous American fraudster Bernie Maddoff and accused the media of giving the former FTX CEO a 'free pass'.

Tips to claim tax losses with the US Internal Revenue Service

Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing. With the market falling off a cliff, there will be big losses to claim on your taxes, right? Not necessarily. As your United States dollars…

Ethereum white paper turns 11, celebrating blockchain’s ‘foundational’ layer

The next decade will bring more institutional adoption for Ethereum, but solving the security concerns of the wider crypto space remains a priority.

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Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions

Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.

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Spot Ether ETFs are now officially legal in the US: Law Decoded

Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration.

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Microsoft Windows data blackout downs major financial firms, airlines

Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights.

Chip giant Qualcomm launches $100M Metaverse fund

The funding will also go towards a grant program for developers building extended reality-focused gaming, health, wellness, media, and entertainment experiences. 955 Total views 11 Total shares Multinational software and microchip giant Qualcomm Incorporated has launched a $100 million Metaverse fund to back extended reality (XR), artificial intelligence (AI), and augmented reality (AR) tech companies. Extended…

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