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Lebron James will launch an education program on Bitcoin and cryptocurrencies

The NBA legend has partnered with Crypto.com to support educational and career development opportunities focused on Bitcoin and cryptocurrencies. NBA star Lebron James and his Lebron James Family Foundation (LJFF) have partnered with cryptocurrency platform Crypto.com to launch a series of educational and professional training initiatives on Bitcoin, cryptocurrencies, and related technologies. “Through this partnership,…

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Why Bitcoin Might Thwart Bulls and Bears in 2022

Bitcoin has been trending down in recent days, posting a 24-hour loss of 1.8% and a seven-day correction of 10.5%. The benchmark cryptocurrency appears to be reacting to macroeconomic factors and may have more short-term downsides. Related Reading | American miner Marathon now has 8133 BTC. And they’re not selling As of press time, Bitcoin…

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Russia will allow foreign residents to own and use the digital ruble

Russia’s central bank plans to convert the digital ruble into foreign currency that can be used by non-residents. In a document dedicated to digitizing the Russian financial sector, the regulator reiterates its concern about the risks associated with cryptocurrencies and insists that digital coins issued by the state are safer. The Bank of Russia will…

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The largest bank in Colombia to offer bitcoin trading

Bancolombia will soon offer its clients the ability to buy and sell bitcoins through a partnership with Gemini. Cryptocurrency exchange Gemini will soon offer frictionless bitcoin trading in Colombia to clients of the country’s largest bank, Bancolombia, the company said in a statement Monday. However, it is unclear whether users will be able to withdraw…

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Sweden wants to decrease the amount of crypto mining in Europe

The fight for bitcoin mining is moving north again. This time, many authorities in Sweden believe that the encryption process should be restricted throughout Europe. In other words, it cannot happen at the rate that it is happening right now. Sweden aims to end cryptocurrency mining Cryptocurrency mining has become one of the most controversial…

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Guernsey regulator approves launch of Bitcoin ETF by Jacobi Asset Management

The GFSC-approved Jacobi Bitcoin ETF is a cryptocurrency-based crypto financial instrument backed by Bitcoin Escrow provided by Fidelity Digital Assets. Jacobi Asset Management, a London-based multi-asset investment platform, received approval from the Guernsey Financial Services Commission (GFSC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). Speaking to Cointelegraph, Jamie Khurshid, CEO of Jacobi Asset Management,…

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Traders Celebrate Looming Bitcoin ETF, But Options Markets Are Less Secure

The United States Securities and Exchange Commission, or SEC, is expected to decide on October 18 whether or not to approve an application from asset manager ProShare Capital Management for a Bitcoin Traded Fund (ETF). As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator was more inclined to approve indirectly…

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Why We Could See the First US Bitcoin ETF Approved in October

Several mutual funds have applied for Bitcoin ETFs in the United States. The number has grown as interest in cryptocurrencies has increased in recent months. So far, some countries have approved certain encrypted ETFs and investors can trade with them. However, the United States has yet to see the approval of its first bitcoin ETF….