Digital assets have been a hot topic globally, drawing attention from financial experts and policymakers alike. Recently, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), highlighted the pressing need for comprehensive regulations to manage the “risks” associated with the digital assets.

She stated:

“[…] crypto assets are not going away. Bitcoin is trading at its highest value since April 2022. The crypto market cap doubled over the last year. And still today people search for the word “Bitcoin” about 20 times more than “health and wellness,” and 7 times more than “climate change,””

Kristalina Georgieva: “Digital Assets… Read more on bitcoinnews

For months, the specter of “recession 2023” loomed large, casting a shadow over household budgets and business plans. The December Federal Open Market Committee (FOMC) meeting emerged as a pivotal moment. Following a period of unprecedentedly rapid rate hikes, the Federal Reserve provided a semblance of optimism by maintaining the federal funds rate at 5.25% – 5.50%.

The markets interpreted this as an indication of a more measured shift away from the previously aggressive rate increases. This stance, in conjunction with the recent trends of decreasing inflation and a slowdown in economic growth, points to a possible alleviation of the looming recession… Read more on bitcoinnews

Africa Free Routing, the largest network of Bitcoin lightning nodes in Africa, proudly announces the launch of its first payment routing node in South Africa.

Following on from successful nodes in Nigeria, Ghana, and Kenya, South Africa Free Routing aims to transform the landscape of Bitcoin transactions in South Africa by offering customers and merchants the ability to make and receive instant, free payments. This innovative platform is set to redefine the speed, efficiency, and affordability of payments across the country.

The Lightning Network, Bitcoin’s second layer, has brought remarkable advancements to the payment industry, enabling transactions that are orders of…

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The Shiba Inu community has been set ablaze with excitement as a record-breaking 8.62 billion SHIB tokens were burned in six transactions in 24 hours, contributing to a weekly total of 8.65 billion. This massive burn, orchestrated by the SHIB team on Shibarium, led to an astounding 727,870% spike in the daily burn rate. Lucie, a key team member, promises more fiery action, aligning with the team’s strategy of regular massive burns. The market reacted positively, with SHIB’s price jumping 6%, hinting at a bullish trend fueled by these strategic token burns.

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

Read more on bitcoinnews

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

Read more on bitcoinnews

In a recent report, cryptocurrency guru Tuur Demeester, shares insights on the catalysts for the next Bitcoin rally and strategies for retail investors. Bitcoin reached the first target of $42,000 according to Adamant Research’s April report. Demeester suggests a “well north of $120,000” endgame target for this cycle. Indicators like whale activity and Net Unrealized Profit and Losses show positive sentiment. Despite regulatory pressures and Binance’s close call, BTC remains strong. Demeester advises investors to choose between BTC or a split with Bitcoin-centric stocks. With macro catalysts, BTC’s rally is poised to benefit from the U.S. and EU’s money-printing.

1. HOPR (HOPR): 94.8%
2. GamerCoin (GHX): 51.5%
3. Worldcoin (WLD): 50.3%
4. Axelar (AXL): 26.5%
5. Samoyedcoin (SAMO): 21.7%
6. MAP Protocol (MAP): 21.2%
7. Storj (STORJ): 18.2%
8. Internet Computer (ICP): 17.7%
9. Yield Guild Games (YGG): 15.8%
10. Maverick Protocol (MAV): 13.3%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.