Bitcoin.com
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Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
- April 27, 2024
- Posted by: MasterAdmin
- Category: Bitcoin.com
No CommentsThe Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected to run until April, but can be extended. […]…
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Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns
- April 27, 2024
- Posted by: MasterAdmin
- Category: Bitcoin.com
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]…
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Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’
- April 27, 2024
- Posted by: MasterAdmin
- Category: Bitcoin.com
Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]…
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Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’
- April 27, 2024
- Posted by: MasterAdmin
- Category: Bitcoin.com
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]…
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‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs
- April 26, 2024
- Posted by: MasterAdmin
- Category: Bitcoin.com
While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever done anything close to that,” observed Eric Balchunas, Bloomberg’s senior ETF analyst, on […]…