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Introduction Ricardo Salinas, a prominent billionaire and the honorary chairman of TV Azteca, recently expressed his belief in the importance of Bitcoin as a store of wealth. In an exclusive interview with Bitcoin Magazine reporter Isabella Santos, Salinas discussed the cryptocurrency's ability to protect against inflation and its potential to revolutionize traditional financial systems. This […]

Ricardo Salinas on Bitcoin as a Hedge Against Inflation Tax Mexican billionaire Ricardo Salinas believes that bitcoin offers a unique solution to safeguarding wealth against inflation tax. He emphasizes that people's savings are being eroded without their consent or knowledge. According to Salinas, the debasement of currency is a cunning technique employed by fraudsters to

In a significant development, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple's executives, CEO Brad Garlinghouse and co-founder Chris Larsen. Ripple's chief legal officer stated that the SEC's decision to dismiss all charges against the executives is not a settlement but a surrender on their part. Meme Coin Market Plummets

Introduction The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have recently updated their crypto policy in response to industry enquiries. The authorities have introduced additional measures to protect retail investors, particularly by restricting their access to what is considered "complex products" in the virtual asset (VA) market. Background

Chairman of the Federal Reserve, Jerome Powell, emphasized his commitment to decreasing inflation in a recent address. He also hinted at the possibility of additional increments in interest rates to regulate persistent price pressures. Here, we delve into his speech and its implications on the market. Fed's Tightening Monetary Policy: A Solution to Persistent Inflation?

Jeffrey Gundlach, a well-known billionaire and financial expert, has voiced his concerns about the potential jeopardy facing the U.S. dollar's reserve currency status due to the escalating national debt. The future of the U.S. dollar and the possible surge in inflation is largely dependent on the control and management of the budget and spending, warns

The recent turmoil in Ukraine and Israel has sparked a significant increase in the stocks of defense corporations listed publicly. Concurrently, U.S. officials have endorsed extensive war spending, with evidence pointing to several politicians profiting from investments in defense companies such as Palantir, L3Harris, Lockheed Martin, and Northrop Grumman. Scrutiny of Legislators' Investments in Defense

Cryptocurrency, a digital asset used as a medium of exchange, continues to make waves in the finance world. Among the many cryptocurrencies available today, Toncoin and Cardano stand out due to their noteworthy market movements. Toncoin's Bullish Momentum Recent market activity has seen Toncoin, a popular cryptocurrency, attaining a significant upswing for three consecutive days.

NetMind AI, an AI-centric technology start-up, has unveiled the Beta version of Netmind Power. This decentralized platform is designed to aid machine learning (ML) researchers and practitioners in training and fine-tuning ML models. It does so by harnessing a network of volunteer computing resources from across the globe. For a limited time, the Beta version

An erroneous news story claiming that the U.S Securities and Exchange Commission (SEC) approved Blackrock's Ishares spot bitcoin exchange-traded fund led to $78.92 million in short positions being liquidated. This figure constitutes 57% of the total $136.29 million in short positions eliminated within the last 24 hours. False Report on SEC Ruling Jolts Bitcoin Market,