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The International Monetary Fund (IMF) remains dissatisfied with El Salvador’s Bitcoin experiment, but intends to continue working with the country. Reuters reports that at a press conference on Thursday, IMF spokesperson Julie Kozak said the IMF had recommended “limiting public sector exposure to Bitcoin.”El Salvador made Bitcoin its legal tender in 2021. The IMF, which has been in talks with El Salvador for years about a fund support program to strengthen the country’s growth prospects, is one of Bitcoin’s most vocal critics. Move. “Our recommendation is to narrow the scope of Bitcoin law, strengthen the regulatory framework and oversight of…

The SEC Enforcement Director resigned hours before the Ripple case was appealed. There is currently significant uncertainty regarding the outcome of the Ripple v. SEC case. The U.S. Securities and Exchange Commission (SEC) has filed an appeal against a ruling that XRP is not a security when traded on an exchange. Shortly before the appeal, the SEC announced the resignation of Enforcement Director Gurbir S. Grewal. This news sparked a debate about the future of the SEC v. Ripple case. Grewal’s involvement in the SEC v. Ripple case Grewal has served as SEC Director of Enforcement since 2021 and will…

XRP Whales has transferred over 285 million XRP tokens following the U.S. Securities and Exchange Commission’s (SEC) decision to appeal a recent ruling in an ongoing case against Ripple. These transfers came shortly after the SEC appeal was announced on Wednesday, October 2nd, suggesting that large players in the market may be selling their XRP holdings. . XRP Whale Offloads Massive Reserves The first XRP whale transaction saw 22 million XRP worth $11.7 million moved from an unknown wallet to Bitso, a Mexico-based cryptocurrency exchange, according to data from Whale Alert. This was followed by a further 20 million XRP…

While meme coins like Dogecoin (DOGE) remain popular, the cryptocurrency world has definitely realized that AI is the next big thing. In the wake of this realization, DOGE whales are flocking to upcoming AI-based platforms that will revolutionize trading and have huge growth potential.That platform is none other than Intel Market (INTL). It is the first enterprise-grade AI platform for transaction analysis and automation, powered by the proprietary L1 blockchain. Intel Markets (INTL) consists of unique trading bots programmed to provide top-notch trading strategies. This allows even beginners to try trading and no financial knowledge is required.Traders often face confusion…

Bloomberg News reported on October 3 that PayPal completed its first business payment on September 23, using stablecoin PYUSD to settle an invoice with Ernst & Young LLP. did.The transaction was facilitated using software company SAP’s Digital Currency Hub, a platform that allows businesses to instantly send and receive digital payments. The amount was not disclosed.Stablecoin payments suitable for businessIn particular, stablecoins are typically tied to retail users, especially in regions with volatile fiat currencies.According to Chainalysis’ 2023 Crypto Geography Report, countries such as Argentina, Venezuela, and Mexico have high rates of use of stablecoins as protection from inflation and…

Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Crypto analysts predict that these four altcoins will surpass Bitcoin and Ethereum within three years. An experienced crypto analyst has revealed a surprising prediction. Four altcoins are set to outperform Ethereum and Bitcoin within the next three years. In this article, we will take a deep dive into which digital currencies are poised for big growth and could shake up the market leaderboard by 2026. Stay tuned to discover future high flyers in the cryptocurrency space. CYBRO pre-sale exceeds…

Vistra soars to new record on AI demand optimism 45 minutes ago Shares of independent utility company Vistra (VST) continue to rise, surging more than 5% on Thursday to become the best performer in the S&P 500 and hit a new closing high. A Texas-based utility company is riding a wave of enthusiasm for using nuclear power to power energy-intensive artificial intelligence (AI) processes. These AI-driven expectations make Vistra the top-performing stock in the S&P 500 in 2024, overtaking Nvidia (NVDA) with a massive 244% year-to-date gain. Sundar Pichai, CEO of Google’s parent company Alphabet (GOOGL), said the tech giant…

HIGH RISK WARNING: Foreign exchange trading involves a high level of risk and is not suitable for all investors. Leverage introduces additional risks and losses. Please consider your investment objectives, experience level, and risk tolerance carefully before deciding to trade foreign exchange. You may lose some or all of your initial investment. Don’t invest money you can’t afford to lose. Please familiarize yourself with the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory Warning: FOREXLIVE™ is not an investment advisor. FOREXLIVE™ provides references and links to…

Today – Michael Saylor, an American businessman and CEO of MicroStrategy, is known for being an ardent supporter of (BTC). He recently made another post about this leading cryptocurrency. It’s worth noting that Saylor posts frequently about Bitcoin, and while his posts can sometimes seem a little outlandish, they perfectly reflect Saylor’s vision for the cryptocurrency. It means that it is reflected. The latest post from the MicroStrategy CEO was no different. In what could be a new explanation for the leading cryptocurrency, Thaler called it “lightning in a bottle” with an image of a lightning bolt in a Bitcoin…

While the overall market is down, Dogecoin network activity is booming, with DOGE seeing a 72% increase in new addresses in the first week of October. This diagram clearly shows which tokens have seen a noticeable increase in interest and participation.This development has certainly increased the optimism of digital asset holders. Although currently only network activity, historical indicators look very positive for the token in the first week of October. But the biggest question now is how much network activity can propel DOGE through this month.Source – BitcoinistAlso read: Top 3 recommended altcoins for October: You can expect explosive profits!Is…