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Bitcoin ETFs will drive institutional adoption in 2024 — Galaxy Digital’s Mike Novogratz

Galaxy Digital founder Mike Novogratz has told investors that 2024 will be headlined by institutional adoption of cryptocurrencies, which will be driven by the pending approval of Bitcoin (BTC) spot exchange-traded funds (ETFs). During Galaxy Digital’s third-quarter earnings call on Nov. 9, Novogratz highlighted the firm’s belief that approving several ETFs “is now not a matter […]

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Brazilian President Signs Bill Regulating Use Of Bitcoin As Payment

Brazil’s President has signed a complete regulatory framework for crypto, regulating the use of bitcoin as payment. Brazilian President Jair Bolsonaro on Thursday morning signed a bill into law that establishes a complete regulatory framework for the trading and use of bitcoin in the country, according to the federal government’s official journal (DOU). President Bolsonaro

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Global inflation mounts: How stablecoins are helping protect savings

ELIZABAETH GAIL | September 16, 2022 Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged. In the United States, the government has responded aggressively to inflation. The nation hit a 9.1%

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Emerging markets lead global crypt adoption index: Chainalysis report

EZRA REGUERRA | September 14, 2022 While global adoption slowed down because of the chilling winds brought about by the crypto winter, emerging markets seem to be on fire in terms of crypto adoption as they surpass higher-income countries in an index that measures adoption.  In a report titled The 2022 Global Crypto Adoption Index, blockchain data

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Ethereum set to cut its carbon emissions by 99% in a move that would shake up the cryptocurrency world

Amid the continuous noise about cryptocurrencies, it’s often hard to pick out what really matters. However this month, if all goes to plan, the energy-hungry digital sector will undergo its biggest shake-up in years. Ethereum, the world’s second largest cryptocurrency, is on Tuesday expected to start a technology changeover which, once complete, should cause its

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