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Thinking Bitcoin rout is over? Standard Chartered forecast will surprise you
Standard Chartered says bitcoin (BTC-USD) could tank another ~70% to $5K in 2023. The token changed hands at $17.22K as of 9:27 a.m. ET. The possible drop in demand for bitcoin could thus result in a 30% surge in the spot price of gold.See the Story
83% Center coverage: 6 sources
Businessmen spoke out in favor of the tax information exchange agreement with the US
Argentina has signed an automatic tax data sharing agreement with the U.S. The agreement will allow the national tax authority to receive data from accounts and societies managed by Argentine nationals offshore. The tax regulators from both countries will have to convene systems to share this data, which will include joint databases.See the Story
100% Left coverage: 1 sources
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume – Markets and Prices Bitcoin News
NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume. Ripple's lawyer claims SEC could instigate a 50% slump as XRP eyes the bulls. Elon Musk’s Neuralink Under Federal Investigation.See the Story
Latest News Stories
How to Save Assets After a Metamask Wallet Crash - KeychainX Expert Explains – Sponsored Bitcoin News
Users of Metamask should take a close look at these simple steps on what to do and what not to do when the wallet is corrupted and funds have disappeared or not. KeychainX, the trusted service provider that specializes in this type of recovery, shares its advice.See the Story
Report: South African Digital-Only Bank Launches Crypto Payments Gateway – Fintech Bitcoin News
Cédric Jeannot said the gateway "is a game-changer" that also helps small businesses "preserve wealth in unfavourable economic conditions."See the Story
Central Bank · India
India's Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims – Regulation Bitcoin News
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar talked about cryptocurrency and central bank digital currency (CBDC) The Indian central banker noted that the initial CBDC pilots are aimed at ensuring the efficacy of all systems. The RBI believes that cryptocurrencies, such as bitcoin and ether, should be completely banned.See the Story
Bitcoin's Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022 – Mining Bitcoin News
On Dec. 5, 2022, at block height 766,080, Bitcoin's mining difficulty adjustment dropped 7.32% lower. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. At the time of writing, at 9:00 p.m. (ET), the total hashrate associated with the Bitcoin network is around 271.33 exahash per second (EH/s)See the Story
RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons – Press release Bitcoin News
RBB Lab has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, and their company Sequentia AG incorporated in Liechtenstein. This will be the first time NFTs will be used to issue documents in Italy.See the Story
Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry – Regulation Bitcoin News
Mark Yusko, CEO and founder of Morgan Creek Capital Management, believes FTX co-founder Sam Bankman-Fried (SBF) was a pawn. Yusko believes SBF and Alameda Research's Caroline Ellison worked to achieve a common goal, at the expense of the crypto industry. The Morgan Creek CEO believes decentralized finance, also known as defi, threatens traditional finance. The U.S. could risk becoming stagnant if it over-regulates the industry.See the Story
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan – Finance Bitcoin News
A licensed agency has finalized Russia's first cope with digital monetary property denominated in international fiat. The transaction concerned the issuing of DFAs price 58 million Chinese yuan (approx. 516 million rubles or $8.26 million) secured by industrial debt. The maturity of the tokens issued is 29 days and the rate of interest is 4%.See the Story
Spanish Soccer League Laliga Will Certify Goal Scoring Balls Using Blockchain Tech – Blockchain Bitcoin News
Laliga, the leading soccer league in Spain, has announced it will be one of the first organizations to certify balls used to score goals using blockchain tech. The system, which will be provided by Gol-Ball, a third-party company, will certify these balls to allow users to purchase them through official markets or raffles.See the Story