On February 22, Republican Congressman Tom Emmer of the US House of Representatives introduced a bill to ban the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC). The “CBDC Anti-Surveillance State Act” aims to protect the financial privacy of American citizens by prohibiting the creation of a CBDC by the Fed without…
Bitcoin’s price has been on a rollercoaster throughout the past seven days, and it has failed to chart any significant increase (or decrease) throughout the period. However, it was particularly volatile. Last week at this time, the price was hovering around similar levels, around $24K, but it quickly took for the skies and touched $25K…
This week, we take a closer look at Ethereum, Ripple, Cardano, Polkadot, and Chainlink. Ethereum (ETH) Ethereum’s price action was rather tame this past week and only booked a 0.5% increase. This highlights that this cryptocurrency is in a consolidation period at around $1,600. The key resistance is found at $1,700, and the support is…
[PRESS RELEASE – Zurg, Switzerland, 23rd February 2023] A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto. Particl’s latest release forms a trustless, unstoppable marketplace…
Bitcoin continues with its indecisive price performance and its inability to successfully overcome $24,000 as it sits inches below that level right now. Most altcoins are also slightly in the red today, with the most notable losses coming from Avalanche, VeChain, MATIC, Polkadot, and others. Bitcoin Beneath $24K The primary cryptocurrency went through a rollercoaster…
The developer with the most changes to Bitcoin’s code has announced his decision to step down from the Core maintainer role. Bitcoin Core maintainer Marco Falke has announced he will step down from the role. The tweet posted by Falke. The prolific Bitcoin developer took to Twitter on Tuesday, saying that, “In a challenging decision,…
As Nigerians protest over the inability to withdraw cash, it should be clear that the country needs a Bitcoin alternative. This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With Bitcoin Foundation. Editor’s note, February 22, 2023: Today, Nigeria’s Supreme Court adjourned the naira…
Brazil and Argentina are considering a common trading currency, but that would just perpetuate the economic problems that Bitcoin could solve. This is an opinion editorial by Jack Williams, an undergraduate business administration student and Bitcoin HODLer. Brazil and Argentina have faced off against each other on numerous fronts, namely World Cup Qualifiers and Copa…
Even with the recent rise in the bitcoin price, public bitcoin mining stocks start the year with more impressive gains than the asset itself. The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin…
The bill would effectively put an end to the debate over the creation of a Federal Reserve-issued CBDC. U.S. Congressman Tom Emmer (R-MN) has introduced a bill that would prohibit the Federal Reserve from issuing a CBDC directly to anyone. The bill, titled the “CBDC Anti-Surveillance State Act” details that “Except as specifically authorized under…