Bitcoin chases $70K as global tensions ease and crypto traders long the US elections
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election. Go to Source
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Congress lacking crypto education will lead to ‘bad laws’ — Coinbase CSO
Phillip Martin told Cointelegraph that Coinbase has focused on educating lawmakers on crypto as they “make much better decisions” on regulation. Go to Source
Natural disasters wreck FinTech infrastructure, proving cash is still king
The lessons from recent hurricanes shouldn’t be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication. Go to Source
Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. … Read more
Privacy Fears Undermine Support for Digital Euro in Germany
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing … Read more
Jack Dorsey’s Block to shutter UK operations for Cash App
The app, one of the products of payments firm Block, had been operating in the United Kingdom since 2018. Go to Source
Bitcoin bulls refuse to flip bearish despite the $53,300 retest
BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon. Go to Source
How and when to sell your crypto — a simple guide
In the latest Cointelegraph video, we explain how to set up a successful exit strategy in crypto using a few simple steps. Go to Source
Macquarie Bank to Go Cashless as the Banking Sector Shifts to Digital-Only in Australia
Macquarie Bank, one of the largest banks in Australia, will not allow its customers to deposit or withdraw cash or cheques from its office branches starting this month. The move comes as the bank goes cashless, and transitions to digital payments, stating these are “a safe, quick, and more convenient way to bank.” Macquarie Bank … Read more
Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3
Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue. Go to Source
