The Bank for International Settlements (BIS) has appointed Tommaso Mancini-Griffoli, one of the world’s most influential economists on digital money, as the next head of the BIS Innovation Hub, effective March 2026. The BIS said Tuesday that Mancini-Griffoli will “lead work to explore technological solutions within the central bank community on innovation.” His mandate is…
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Bitcoin (BTC) is due for a “new uptrend” as a key BTC price metric suggests that the recent drop to $80,000 provided a prime buying opportunity. Key takeaways: Bitcoin’s Puell Multiple has entered the discount zone, suggesting undervalued market conditions. BTC bull flag pattern targets a short-term recovery to $96,000. Bitcoin price is “entering an…
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Spain’s Sumar parliamentary group has introduced amendments to reform three major tax laws affecting cryptocurrencies, including the General Tax Law, Income Tax Law, and Inheritance and Gift Tax Law. The proposal would change how crypto profits are taxed, shifting gains from non-financial-instrument assets into the general income tax bracket, which raises the top rate to…
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Market infrastructure provider Deutsche Börse plans to integrate the EURAU euro-pegged stablecoin issued by AllUnity, expanding the exchange group’s digital-asset strategy following earlier ties with Circle’s Euro Coin (EURC) and Societe Generale-Forge’s EUR CoinVertible (EURCV). According to a Wednesday announcement shared with Cointelegraph, Deutsche Börse plans to integrate EURAU into its financial market infrastructure, starting…
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Bitcoin (BTC) is on course for its worst November since 2018, but a new forecast sees a BTC price bottom this week. Key points: Bitcoin is on track to seal its weakest November performance since the 2018 bear market. December has historically produced identical price action after “red” November months. AI predicts that BTC/USD will…
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Crypto-friendly White House economic adviser Kevin Hassett has reportedly emerged as a top candidate for the next Federal Reserve chair, replacing Jerome Powell when his tenure is up in May. President Donald Trump’s advisers and backers see Hassett as the frontrunner to take over as Fed chair, as he’s expressed sympathy with Trump’s desire to…
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Bitcoin is poised to buck its usual strong November performance, but Bitfinex analysts suggest demand could return very soon. November has historically been Bitcoin’s (BTC) strongest month, posting an average return of 40.82%, according to CoinGlass. However, October closed down 3.69% — despite typically delivering average gains of around 19.92% — leading some to question…
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The pain may not be over yet for Bitcoin investors, according to one crypto analyst, arguing that there’s still more leverage that could be flushed out. Crypto analyst James Check described the recent market meltdown as a “2-sigma long liquidation event,” which wiped out a “chunk of degen gamblers.” Most of the leverage is gone,…
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The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy. The government made the purchase on Nov. 20, with the move highlighted via X on Tuesday by Lee Bratcher, president of…
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Key takeaways: Friday’s $14 billion BTC options expiry favors neutral-to-bearish bets as most call (buy) strikes sit above $91,000, increasing pressure on bulls. Bitcoin traders added year-end call options near $100,000 despite recent losses, showing that bullish expectations persist. Bitcoin (BTC) price dropped on Tuesday after failing to hold the $89,200 level reached the previous…
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