Venezuela is moving closer to formal dollarization, with economist Steve Hanke drafting a bill to abolish the bolivar. According to reports, the National Assembly appointed him as a special adviser this month. The Johns Hopkins economist drafted a full dollarization law that would abolish the bolivar and the central
Bitcoin Magazine Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out Bitcoin's price continues to rise and those betting on it to fall are suffering. This post Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out first appeared on Bitcoin Magazine and is
Bitcoin Magazine Pakistan’s Crypto Pitch: “Come Build Here” as Virtual Assets Act Moves Forward Pakistan has announced a new regulatory framework for crypto after banning the asset class for close to a decade, Announcing the news in an X post Friday, Bilal Bin Saqib, the special assistant to the prime minister on
The crypto exchange you trust with your hard-earned money can suddenly delete your account and freeze all the funds without any warning. That’s what happened to a user on Crypto.com last week. Alarmingly, its customer support initially denied that the user account even existed. On August 13, the user “Bradley Peak”
Gold surged past $4,600 per ounce on Friday, touching its highest level in three months and putting the metal on track for a nearly 5% weekly gain. A weaker dollar and fresh debt concerns are driving investors toward safety. What is Driving the Gold Rally? Spot gold traded between $4,580 and $4,600 on Friday, while