Cryptocurrencies Are the Next Frontier for the Surveillance State

Countries are launching digital currencies to rival Bitcoin—and opening up new ways to snoop on their citizens in the process. ILLUSTRATION BY DANIEL ZENDER At first, it might have sounded like manna from heaven. Chinese authorities announced they would be distributing more than $1 million to a select number of citizens, as part of a…

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Bitcoin ETF Race Begins: Has Institutional Trust Returned To Crypto?

by Tyler Durden Wednesday, Jul 05, 2023 – 06:20 AM Authored by Prashant Jha via CoinTelegraph.com, Seven institutional firms have filed for a spot Bitcoin ETF in the U.S., including the world’s largest asset manager BlackRock, driving optimism and higher Bitcoin prices. With the Bitcoin halving event less than a year away, several financial giants…

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CBDCs Gain Momentum: 130 Countries Now On The Runway

As digital currencies such as CBDCs begin to take a more pivotal role in the global economy, recent studies indicate an increase in their adoption rate among the world’s economies. Currently, 130 countries, which make up 98% of the global economy, are investigating the potential of digital versions of their currencies, with almost half progressing…

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Renowned Bitcoin Hater Peter Schiff Has Once Again Cast Doubt on the Cryptocurrency’s Long-Term Sustainability

Renowned Bitcoin hater Peter Schiff has once again cast doubt on the cryptocurrency’s long-term sustainability. Schiff recently expressed skepticism regarding the recent Bitcoin rally that saw its market capitalization earlier reach an impressive $31,000. According to Schiff, the current surge in BTC price is merely a temporary thing, and he believes that “the party” will…

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JPMorgan Bank Deploys JPM Coin For Euro-Denominated Payments

German conglomerate Siemens was reportedly the first company to process euro-denominated payments using JPM Coin… The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects into traditional banking. JPMorgan has deployed its blockchain-based payment system, JPM Coin, to introduce euro-denominated payments for corporate clients, Bloomberg reported on June 23. A…

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Tron, Chainlink, VeChain Price Analysis: 30 April

Source: Pixabay The altcoin market has been dealing with a sudden shift in volatility throughout the month of April. With Bitcoin bringing in bearish drops and Ethereum pushing the coins towards a rally, the altcoins have been trying to maintain a middle ground. Meanwhile, alts like Tron, Chainlink, and VeChain were noting sharp changes in trends, at…

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Dollar Drop, Crypto Pop Reflects “Crazy People” Running The System

The last few months have seen the dollar dive and crypto thrive… Source: Bloomberg And the last few days have been no different… Source: Bloomberg With bitcoin helped overnight by the Koreans (the Kimchi premium tagged zero then soared)… Joe Lonsdale, Palantir co-founder explained succinctly why crypto is performing so well (and perhaps why the dollar…

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Will Crypto Weakness Push Silver Higher

Crypto down! Silver up? We think a growing forward trend is a combination of pressure on crypto currencies, particularly Bitcoin (Ethereum has software applications that work and becoming more popular so isn’t just a one trick pony like Bitcoin) with some of that flowing into precious metals, particularly silver. Why? If in fact there has…

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