Tag #Bitcoin

theglobeandmail.com
🌐 75% Global Worthiness
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Vancouver's Bitcoin Proposal Faces Provincial Rejection

Vancouver Mayor Ken Sim proposed that the city hold Bitcoin in its reserves, a suggestion rejected by the provincial minister due to pressing issues. Public understanding of cryptocurrency is low, with concerns over risk and scams, despite Bitcoin's price increase from about $300 ten years ago to ov...

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56% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Crypto Market Surges Amidst Pro-Crypto Administration

Since the election, the crypto market has experienced a significant surge, with Bitcoin exceeding \$100,000, fueled by a pro-crypto administration, increased mainstream investment, and a shift in regulatory expectations, despite inherent risks.

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40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Government Shutdown, Inflation Report Trigger Stock Market Decline

On December 20, 2024, stock futures fell, led by a 1% drop in Nasdaq-100 futures, due to a potential US government shutdown and an upcoming inflation report. Concerns include economic consequences of the shutdown and the impact of higher inflation on Federal Reserve policy.

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56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Cryptocurrency Prices Surge Amid Speculation and Regulatory Uncertainty

Bitcoin's price increased by 131% in 2024, while Dogecoin surged 296%, driven by speculation and anticipation of more favorable cryptocurrency regulations under the new presidential administration. However, this volatility makes cryptocurrencies risky assets, as highlighted by the recent losses incu...

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52% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 90% Global Worthiness
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Bitcoin Hits New High Above \$100,000 Amidst Institutional Buying Spree

Bitcoin sustained its price above \$100,000 for a week, hitting a record high of \$108,000, driven by institutional demand and MicroStrategy's upcoming Nasdaq100 listing; altcoins like Ether and XRP also saw significant gains, while digital asset investment products attracted \$3.2 billion in inflow...

Progress

56% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Stablecoins Disrupt Global Payments

Stablecoins are rapidly overtaking Swift for business-to-business cross-border transactions, offering lower costs and faster processing times, significantly impacting global commerce and potentially reshaping the financial landscape.

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48% Bias Score

Reduced Inequality
cnbc.com
🌐 65% Global Worthiness
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Virgin Voyages Launches \$120,000 Unlimited Annual Cruise Pass

Virgin Voyages introduced an adults-only, \$120,000 unlimited annual cruise pass for 2025 sailings, including perks like a balcony cabin, plus-one guest, and Bitcoin payment option, with travel advisors earning \$10,000 commission per sale.

Progress

52% Bias Score

Responsible Consumption and Production
us.cnn.com
🌐 85% Global Worthiness
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Cryptocurrency Market Surges After Pro-Crypto US Election

Following the US election, the cryptocurrency market has experienced a dramatic surge, with Bitcoin surpassing \$100,000 and rising 50% since Election Day, fueled by a pro-crypto presidential administration, increased mainstream investment, and a shift in regulatory approach.

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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El Salvador Secures \$1.4 Billion IMF Loan After Bitcoin Policy Shift

El Salvador reached a \$1.4 billion loan deal with the IMF after modifying its bitcoin policies to allow businesses to voluntarily accept the cryptocurrency, easing concerns that had previously blocked financial assistance.

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48% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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IMF: Syria Monitoring, Fed Policy Approval, and El Salvador Bitcoin Loan

IMF official Kozack commented on Syria's reconstruction needs, the Fed's monetary policy, and El Salvador's $1.4 billion IMF loan program aimed at mitigating risks associated with the country's Bitcoin project.

Progress

32% Bias Score

Peace, Justice, and Strong Institutions
kathimerini.gr
🌐 85% Global Worthiness
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Bitcoin Surpasses $100,000 Amidst Evolving Wall Street Sentiment

Bitcoin's price exceeded $100,000 after 15 years, reaching a $2 trillion market cap, despite initial skepticism from major Wall Street figures; however, their views have evolved due to increased institutional adoption and the impact of political expectations, leading to a crypto market capitalizatio...

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Bitcoin Surges Past \$106,000 Amidst Trump Policies and Fed Rate Uncertainty

Bitcoin's price exceeded \$106,000, driven by President Trump's pro-bitcoin policies, Elon Musk's U.S. dollar skepticism, and fears of Russia acquiring significant bitcoin reserves; the Federal Reserve faces pressure to cut interest rates despite inflation, raising stagflation concerns.

Progress

48% Bias Score

Reduced Inequality