Tuesday, November 26, 2024

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Bitcoin News

Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin

The free zone accepts payments in bitcoin, ether and the tether stablecoin.

India Plans Twin Taxes on Exchanges and Traders Before Passing Crypto Bill: Report

A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.

World’s Oldest Central Bank Extends Digital Currency Test Till 2022

Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.

Diginex Connects Crypto Exchanges and Electronic Trading Firms With New Platform

The crypto services firm is connecting high-frequency traders who use electronic trading platforms to crypto exchanges.

Head of St Louis Fed Says Bitcoin Not a Challenge to US Dollar’s Global Dominance

James Bullard also likened bitcoin to gold as a safe-haven asset.

Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond Yields

Rising bond yields are a threat to prices of hedge assets, but bitcoin is soaring as gold falls.

Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum

SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.

Most Finance Chiefs Still Balk at Bitcoin on the Balance Sheet: Survey

Bitcoin's legendary volatility is seen as a major concern barring corporate investments, according to Gartner.

Cult Toy Brand Superplastic Launches NFT Collection on Nifty Gateway

Instagram-famous artists Janky and Guggimon are bringing their tripped-out aesthetics to non-fungible tokens.

Market Wrap: Bitcoin Remains Around $48.5K Amid Flat Trading Activity

“We are at all-time-highs territory the market still has to make up its mind" about next resistance or supporting levels, says one broker.

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