US States Embrace Bitcoin as a Reserve Asset: What This Means for the Future

Bitcoin Reserve Grows as US States Join Global Accumulation Bitcoin continues to gain traction as a reserve asset, with US states now part of the global trend of accumulation. Recently, multiple US states have been reported to hold Bitcoin as part of their treasury reserves, signaling a shift towards digital assets in the financial landscape. [...]

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Bybits $742M Ether Purchase: What It Means for Lookonchain

Bybit acquires $742 million worth of Ether shortly after security breach In a bold move, Bybit has purchased a substantial amount of Ether, totaling $742 million, just days following a hack on the platform. The unexpected acquisition has raised eyebrows in the cryptocurrency community, as many speculate about the motives behind this significant investment. The [...]

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Bitcoins False Dichotomy between SoV and MoE

Bitcoin's use as a store of value or a means of exchange is not mutually exclusive.

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Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State and, as an alternative digital currency, it could provide Texas residents with the [...]

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IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges

A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working paper emphasizes that certain crypto assets may not persist in the future, while others that endure become “fundamental innovations in decentralized

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Omax Coin price prediction and what it means for AltSignals’ ASI token

The popularity of new AI & Big Data cryptocurrencies, like the new AltSignals’ ASI token, has been on the rise since artificial intelligence started gaining popularity after the launch of OpenAI’s ChatGPT app. Over the last seven Omax Coin has been the top gainer among top AI & Big Data tokens by market capitalization. OMAX …

<p>The post Omax Coin price prediction and what it means for AltSignals’ ASI token first appeared on CCNC | Cryptocurrency Newscast.</p>

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