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Renewable energy milestone opens door for Tesla to resume crypto payments

According to Bloomberg Intelligence analyst Jamie Coutts, Bitcoin has now passed the renewable energy milestone. This suggests that Tesla could resume accepting Bitcoin as payment, as cited in a 2021 tweet. The backstory on pulling the plug Elon Musk, a known supporter of cryptocurrencies including Bitcoin, has been viewed by many as being

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Crypto futures and ETFs are knocking at the door: Law Decoded, Aug. 13–20.

Cryptocurrency exchange Coinbase has received approval from the United States National Futures Association to offer investments in crypto futures to eligible customers. The approval enables Coinbase to introduce Bitcoin (BTC) and Ether (ETH) futures contracts through its Commodity Futures Trading Commission-regulated derivatives exchange. Meanwhile, citing sources familiar with the matter, The

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PayPal’s stablecoin opens door for crypto adoption in traditional finance

Global payment processing giant PayPal announced its United States dollar-pegged payment stablecoin called PayPal USD (PYUSD) on Aug. 7. The stablecoin is developed on Ethereum (ERC-20) and will be issued by Paxos Trust Co. PYUSD is reportedly fully backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents.PayPal said that

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Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR

Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13 following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled the price back into the range on July 14, indicating that they remain active

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Elizabeth Warren wants the police at your door in 2024

In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. No crypto exchanges, mind you, but the wallets themselves. Kansas Senator Roger Marshall joined her on the proposal as a co-sponsor.Sadly, Marshall betrayed the populist principles he ran

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Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakout

The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the government brokered a forced takeover of Credit Suisse by UBS. Still, the United States equities markets and the

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Russian Parliament Votes on Bill Opening Door for Digital Ruble – Finance Bitcoin News

Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian State Duma Passes Digital Ruble Draft Law

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