May 18, 2024
Crypto

U.S. Federal Reserve Lists a CBDC as One of Its ‘Key Duties,’ Warns Pro-Crypto Congressman Tom Emmer

The U.S. Federal Reserve listed a central bank digital currency (CBDC) as one of its “key duties” in a document presented to members of Congress. House Majority Whip Tom Emmer, a Republican from Minnesota, says Fed officials handed his staff a document earlier in the Congressional session titled “Key Duties of the Fed – Payment

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Crypto

What It Is And What It Means For Crypto Prices?

Topline Bitcoin has soared to new record highs in recent weeks and enthusiasts feel it is poised to grow even further with an upcoming “halving,” a key event written into the foundations of the cryptocurrency to limit supply that has historically coincided with elevated prices and boosted attention to the crypto sector. the upcoming halving

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Crypto

Bitcoin Stable At $72,000, Toncoin Gains Nearly 25%

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, appears to remain stable within the $72,000 range early Wednesday, as the excitement around BTC exchange-traded funds among investors continues to pay dividends. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw

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Crypto

South Korea’s National Tax Service Advances on Cryptocurrency Oversight with Integrated Management System

South Korea’s National Tax Service is set to complete the ‘Integrated Cryptocurrency Management System’ by 2025, aiming to enhance tax compliance and prevent illicit activities. South Korea’s National Tax Service (NTS) has taken a significant step forward by initiating the development of an ‘Integrated Cryptocurrency Management System.’ Aimed at bolstering tax compliance and combating evasion,

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Crypto

Bitcoin Crosses $68,000, GALA Becomes Top Gainer

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, crossed the $68,000 mark early Monday as it slowly looks to consolidate at around its all-time high of $69,000. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across

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Crypto

Bitcoin Crosses $67,000, Ethereum Approaches $4,000

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, crossed the $67,000 mark early Friday as it slowly looks to consolidate at around its all-time high of $69,000. Ethereum (ETH) is also slowly charting its course towards the $4,000 mark as overall market sentiment stands at ‘Extreme Greed’ for investors, as per CoinMarketCap

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Crypto

US is facing risk of rolling blackouts as predicted electricity demand DOUBLES with AI data centers and crypto mines presenting ‘staggering challenge’ to the outdated grid

By Isabelle Stanley For Dailymail.Com 15:54 07 Mar 2024, updated 15:56 07 Mar 2024 Innovations in artificial intelligence, cloud computing and crypto mining are driving demand for power up The already ailing national grid is ill-equipped to deal with the increased demand with demand projections doubling this year Swaths of the US are at risk

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Crypto

Crypto’s 2023 Water Use Could Cool 249 Billion Volkswagen Beetles

Cryptocurrency is a weird, bad bubble that’s largely already popped, but some folks just refuse to give up and cash out. Instead, they’re hawking cryptocurrency perfumes to appeal to women, presumably because they asked exactly zero women what they’d want from crypto. Tesla, Just Like You, Lost a Ton of Money on Bitcoin in 2022

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Crypto

Bitcoin Climbs To $66,000, FET Becomes Top Gainer With 50% Jump

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to remain stable within the $66,000 range early Thursday. It appears that the grand old crypto is not yet ready to let go of its rally which saw it surpass its all-time high earlier this week. Other top coins, including the likes of

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Crypto

What Is Bitcoin (BTC) ‘Halving’ and Does It Push Up the Cryptocurrency’s Price?

Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in minutes. Those changes are often mysterious to market observers, because of the digital currency’s lack of ties to the real economy. Bitcoin has another quirk, one that was built into the code that

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