Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challengesAs Bitcoin gains traction globally, Tkachev's plan positions Russia to use digital currency as a hedge against geopolitical financial barriers.Happy Tuesday!In today's CryptoSlate daily newsletter, we explore the latest headlines that are shaping the cryptocurrency landscape. Russian lawmaker Anton Tkachev has unveiled a proposal for a strategic Bitcoin reserve, positioning Russia to leverage digital currency as a safeguard against geopolitical financial pressures. Meanwhile, the market is reeling from another flash crash, resulting in a staggering $1.52 billion in liquidations as over-leveraged traders scramble to exit their positions amid heightened volatility. On the technological front, Google's Willow quantum chip is igniting discussions within the crypto community about the urgent need to future-proof Bitcoin's security against potential quantum threats. Join us as we unpack these critical developments and their implications for the crypto market. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.35 trillion, with a 24-hour volume of $348.24 billion. The price of Bitcoin is $95,946.61, and BTC market dominance is 56.5%. The price of Ethereum is $3,571.12, and ETH market dominance is 12.8%. The Crypto Fear & Greed Index is currently Greed (78). 📰 Top NewsRussian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challengesAs Bitcoin gains traction globally, Tkachev's plan positions Russia to use digital currency as a hedge against geopolitical financial barriers. Bitcoin sees another flash crash, leading to $1.52 billion cascade in crypto liquidationsOver-leveraged positions amplify crypto market chaos as $1.52 billion is liquidated in hours amid Bitcoin's second flash crash in a week. Google’s Willow quantum chip brings Bitcoin security debate 10 years closerWillow quantum chip milestone prompts the crypto industry to tackle future-proofing obligations for Bitcoin. Ad: Prestmit App: The Best Way to Sell Crypto in Nigeria SeamlesslyDeveloped by Prestmit Technologies Ltd, the user-friendly app offers low transaction fees, real-time market updates, and 24/7 customer support for seamless trading. Latest Insights
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Selasa, 10 Desember 2024
Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges
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