Bitmex Co-Founder Predicts Gold Rising to $10K, Bitcoin Marching to $1M – Bitcoin News Featured

On March 16, Arthur Hayes, co-founder of cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled” which describes the economy behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute op-ed that historians can point to February 26, 2022, as the moment in history when the “Petro Dollar/Euro Dollar monetary system” ended. Speculation about … Read more

Sachchidanand Shukla writes: Why ‘de-dollarization’ is imminent

Much has been written about how the weaponization of trade, the imposition of sanctions, and the U.S. exclusion of SWIFT can trigger faster de-dollarization, as countries that exhibit diplomatic and economic autonomy will be wary of using U.S.-dominated global banking systems. This school of thought argues that this could also trigger a change in the … Read more

Ukraine signs virtual asset bill to legalize Bitcoin

share this article The update comes after cryptocurrency donations to Ukraine’s war efforts surpassed $100 million. Ukraine signs cryptocurrency law Ukraine just legalized cryptocurrencies. The Ministry of Digital Transformation of the Ukrainian government published a statement Wednesday announcing that President Zelenskyy signed the country’s “virtual assets” bill that will allow for a legal framework for … Read more

Can Central Bank digital currencies help countries circumvent sanctions?

It is clear that countries have sought to circumvent sanctions through contracts or agreements that are not denominated in dollars. Examples include the ‘rupee-rial’ mechanism introduced by India in 2012; the 2014 Russia-China trade agreement; Russia’s National Payment Card System to process domestic card payments; alternative financial messaging systems such as the Russian Financial Messaging … Read more

BTC Proxy Announces Strategic Partnership with Blockchain․com to Expand Bitcoin DeFi Ecosystem – Bitcoin News Press Release

Press release PRESS RELEASE. BTC Proxy, the Bitcoin Liquidity Protocol on Polygon, has entered into a strategic partnership with Blockchain.com, one of the world’s largest cryptographic platforms and a pioneer in Bitcoin’s key infrastructure. As part of the partnership, Blockchain.com will add BTC Liquidity to the Proxy ecosystem by Minting BTCpx. Moving Bitcoin to the … Read more

UK to lift all COVID-19 international travel restrictions

The UK government said it would keep a number of contingency measures in reserve, which would allow for swift and proportionate action to delay any future harmful variants of COVID-19 entering the country. The UK border at Heathrow Airport.Image courtesy Dannyman/Wikimedia Commons London: The UK government will lift all remaining international travel restrictions related to … Read more

Short-Term Bitcoin Buyers Transition to Long-Term Holders: Glassnode

Over the past week, long-term Bitcoin holders have increased their spending to a level that suggests de-risking the market, but hodling remains the predominant investment strategy. Uncertain macroeconomic headwinds likely precipitated the surge in selling last week by long-term holders and jolted some short-term holders out of their positions, according to data from blockchain analytics … Read more