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Jefferies calls Bitcoin a safeguard against currency inflation

Global investment bank Jefferies asserts Bitcoin (BTC) as a safeguard against currency devaluation and rising inflation. The price of Bitcoin hovers at around the $27,961 region as of press time.   Jefferies, a prominent global investment bank, advises long-term investors, particularly pension funds, to allocate 10% of their portfolios to Bitcoin,

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Elon Musk calls for ‘comprehensive overhaul’ of US SEC, DOJ

Elon Musk has called for a “comprehensive overhaul” of the U.S. Securities and Exchange Commission (SEC) hours after the agency sued him for allegedly failing to testify in an investigation into his $44-billion acquisition of Twitter, now called X, last October. The SEC is examining whether Musk’s acquisition violated securities regulations.

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Bitcoin bulls keep pressure on $28K while calls for BTC price dip grow

Bitcoin (BTC) eased volatility into Oct. 6 as BTC price downside preparations returned.BTC/USD 1-hour chart. Source: TradingViewBitcoin keeps liquidations limited amid long, sh "squeeze"Data from Cryptox Markets Pro and TradingView covered a flatter 24 hours for BTC/USD after a failed retest of $28,000.After lingering in a narrow range around 1.5%

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Kenya’s Parliamentary Committee Calls for Shutdown of Worldcoin

Kenya’s parliamentary committee has advised Kenyan authorities to take action by shutting down Worldcoin’s virtual platforms and conducting a thorough investigation into the company. The iris biometric cryptocurrency project Worldcoin has recently come under the scanner as the parliamentary committee of the government in Kenya is now investigating the project.

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Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation

Mário Centeno, the Governor of Banco de Portugal, joins a chorus of regulators, claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of Mário Centeno's speech. Source: Publicnow.comIn his opening speech at the 2023 Banco de Portugal Financial Stability Conference on Oct. 2, Centeno

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Parliamentary committee calls for shutdown of Worldcoin in Kenya

A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations in the country.According to a report released on Sept. 30 by Kenya’s parliament, Worldcoin has continued to collect personal data of Kenya’s residents “in total disregard” of an order to stop

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