Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
The company proudly announced that it stands among the pioneering major payment institutions to directly employ the Solana network for its settlement processes.
The Financial Stability Board and the International Monetary Fund are preparing to release a document urging worldwide cooperation on cryptocurrency policies during the upcoming G20 summit scheduled for this weekend.
The Future of Bitcoin
The price of Bitcoin has fallen by 0.55% in the past 7 days. The price declined by 2.02% in the last 24 hours. In just the past hour, the price shrunk by 0.05%. The current price is $42,769.77 per BTC. Bitcoin is 37.83% below the all time high of $68,789.63. The current circulating supply is 18,928,150 BTC.
The cause of this crash was a mania for initial coin offerings (ICOs), when hundreds of projects launched, promising to be the next Bitcoin — and half failed within a year, creating what MarketWatch called “a digital graveyard of broken promises.”
Bitcoin is largely framed as a "safe haven" asset that isn't correlated with the stock market. Between 2018 and 2020, BTC actually demonstrated correlation with the world's largest stock index, and this correlation reached its eight-year peak in 2020. In 2021, Bitcoin has slowly decoupled from the stock market, and may now be forming an inverse ...
Canadian Prime Minister Justin Trudeau congratulated Pierre Poilievre on Monday for his victory in the Conservative leadership ...
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