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US CongressAbout 21 human rights advocates from 20 different countries have sent a letter to the U.S. Congress wherein they defend bitcoin and rebut claims recently raised by some 1,500 computer scientists, software engineers, and technologists. According to the human rights defenders, bitcoin provides financial inclusion and empowerment because it is open and permissionless.See the Story
Human Rights Advocates Insist Bitcoin 'Provides Financial Inclusion' — Refute Claims in Critics' Letter to US Congress – News Bitcoin News
Central BankElvira Nabiullina, head of the Central Bank of the Russian Federation, recently attended the St. Petersburg Economic Forum (SPIEF) She commented on Russia's use of bitcoin and other cryptocurrencies for international trade. Previously, the central bank proposed a ban on the mining and trading of cryptocurrencies.See the Story
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says – Regulation Bitcoin News
BitcoinMicrostrategy CEO Michael Saylor debunked the rumor that his company is close to having to liquidate its bitcoin to meet a margin call for a bitcoin-backed loan. If the price of the cryptocurrency falls below $3,562 the company could post some other collateral, Saylor explained.See the Story
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562 – Featured Bitcoin News
Latest News Stories
BitcoinArtaverse is an NFT and metaverse event to be held in Hong Kong from June 3rd to 12th. Participants will be able to use cryptocurrencies to buy NFTs directly on site. The cryptocurrencies supported are BNB, ETH, ACH, and USDT. Artaverse aims to promote art forms such as non-fungible tokens(NFTs) and the metaverse.See the Story
Binance Pay, Alchemy Pay, ePayments, and QponBay Support Offline Crypto Payments for NFTs at ‘Artaverse’ – Press release Bitcoin News
BitcoinThe Russian ruble has recorded record highs against the eurozone's euro and the U.S. dollar. The increase in commodity prices has been attributed to the ruble's resiliency. American economists are baffled by the unusual situation because a country facing stiff sanctions typically sees its fiat currency decline in value.See the Story
American Economists Are Baffled by an 'Unusual Situation' as Russia's Ruble Is the World's Best Performing Fiat Currency – Economics Bitcoin News
Money7.6 million South Africans are crypto investors or have used crypto assets in the past six months. Social media remains the primary source of knowledge for most South Africans. YouTube is the main source of crypto information for the surveyed South Africans, well ahead of Facebook (31%) and Twitter (25%).See the Story
Study: 7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information – Emerging Markets Bitcoin News
Stock MarketsBillionaire investor Jeff Gundlach shared his bitcoin outlook in an interview with CNBC Wednesday. He is the CEO of Doubleline Capital, which has over $137 billion in assets under management (AUM) The billionaire bond king explained that when the price of bitcoin fell below $30K, its chart indicated that $20K was going to happen quickly, and it did.See the Story
