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U.S. Lawmakers Introduce Bill to Crack Down on Terrorist Financing Through Crypto Platforms

Introduction Several U.S. lawmakers have recently introduced a bipartisan bill aimed at combating terrorist organizations by imposing sanctions on foreign entities, including cryptocurrency platforms, that facilitate financial transactions for terrorists. The legislation not only seeks to crack down on these illicit activities but also aims to equip the Treasury Department with additional resources to address […]

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Bitcoin Surpasses Gold: Digital Asset Skyrockets 166% in 2023, Outshining Gold’s Modest 9% Gain

Gold reached a historic high of $2,117 per troy ounce on December 3, 2023, but its price has since dropped by 5.33% in the past week. Despite this peak, its year-to-date increase against the U.S. dollar remains relatively modest at 9.9%. On the other hand, bitcoin, the leading cryptocurrency in terms of market capitalization, has

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Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets

Tether's Impressive Growth Tether, the leading stablecoin by market capitalization, has witnessed a remarkable surge in supply, with an increase of 5.5% in the last month alone. This surge has propelled Tether's market valuation to an impressive $90 billion. Since the beginning of 2023, Tether (USDT) has experienced substantial growth. Starting the year with a

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Defending The Undefendable: The Censoring Miner

The Unjustly Vilified Heroes Prostitution, blackmail, slumlords, and Bitcoin miners who censor transactions may seem like unsavory characters, but they are actually heroes of the free market economy. Despite facing widespread scorn and outlawry, these individuals provide valuable economic services. To truly understand their heroism, we must remove the shackles imposed upon them by misguided

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The Anticipated Approval of Spot Bitcoin ETFs Drives Bitcoin Price Surge

Insights into the Surge of Bitcoin's Price Yiannis Giokas, a senior director with Moody's Analytics, has provided insights into the factors behind the recent surge in bitcoin's price, highlighting the anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a subsidiary of Moody's Corp. focusing on

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Gold Surges to Record High: Is this the Beginning of a New Era?

Gold has taken the financial markets by storm, surpassing resistance levels and skyrocketing to an unprecedented all-time high of $2,148.99 overnight. This surge in price has also set a new standard in volatility, with the yellow metal experiencing $100 swings within a single day. While gold has slightly calmed down this morning, it is evident

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El Salvador’s Bitcoin Treasury Sees Profit as Investments Grow

NayibTracker.com Confirms Growth in El Salvador's Bitcoin Treasury Recent data from NayibTracker.com, a website dedicated to monitoring El Salvador President Nayib Bukele's Bitcoin investments, reveals that the country's national Bitcoin treasury is showing a profit. The website tracks the timing and dates of known purchases, as well as Bukele's commitment to follow through on these

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Ethereum Price Analysis: Bullish Momentum Continues Amid Mixed Market Signals

As ethereum marks a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, ether demonstrates its continued and dynamic presence in the digital currency landscape. Mixed Signals from

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Shift in Federal Reserve’s Stance and Troubling Economic Outlook

Waller's Hawkish Tone Turns Dovish On Tuesday, Federal Reserve Governor Christopher Waller's dovish remarks caused a surge in major U.S. indices, signaling a potential shift in the central bank's stance. This is a significant deviation from Waller's usually hawkish perspective. In his speech at the American Enterprise Institute, Waller expressed confidence in the inflation rates,

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