Wednesday, April 24, 2024
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Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance

On the 15th anniversary of Bitcoin white paper release, Canadian Member of Parliament (MP) Joël Lightbound took the opportunity to thank the pseudo-anonymous creator Satoshi Nakamoto on the floor of the Canadian parliament while advocating for people to study Bitcoin.During his speech on the parliament floor, Lightbound disclosed that he

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Blockchain congestion and transaction queues actually deter ‘nefarious actors’: Study

Researchers from Florida Atlantic University and the University of Mississippi recently published research indicating that blockchains with “full” blocks — especially when there’s a transaction queue — appear to have an added layer of protection against nefarious actors, money launderers and would-be fraudsters. Dubbed “Bitcoin Blocksize, Custodial Security, and Price,” the

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AI can drive new Bitcoin pricing model, study finds

A new study proposes a novel method for pricing options on Bitcoin using neural networks. The model incorporates Bitcoin (BTC) price dynamics and sentiment data to capture cryptocurrency markets’ frequent jumps and volatility clustering. Researchers developed a bivariate jump-diffusion model based on past prices and Google Trends sentiment to describe Bitcoin price

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Bitget Study reveals demographic for crypto users’ goals and behaviors

A recent survey by Bitget delves into the diverse motivations behind cryptocurrency investments across various countries, revealing insights into regional preferences and economic aspirations. On October 5, Bitget revealed data from a survey that offered a deeper understanding of the evolving cryptocurrency investment landscape, highlighting diverse motivations across different regions. In specific

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Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says

A common argument made in favor of central bank digital currency (CBDC) is that it could boost financial inclusion. The nuances of how to accomplish that goal, or even what “financial inclusion” means, remain to be explored, a Bank of Canada discussion paper said. It concluded that central banks will

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Emerging Market Crypto Policy Should Be Regulation, Not Bans: BIS Study

“Cryptoassets have so far not reduced but rather amplified the financial risks in less developed economies,” the study, published by the Basel-based Bank for International Settlements (BIS), said, adding that regulating the sector would be preferable to a full ban, given the difficulties of enforcement and risks of curbing innovation. Original

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