“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin and cryptocurrencies, along with a profoundly confused and incorrect evaluation of the BTC price and Bitcoin’s ability to act as a store of value.  The Head of the Chechen Republic, Ramzan Kadyrov recently shared some harsh criticism, along with some ignorance of … Continue reading “Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package after a phone call on Monday afternoon. In a tweet on Oct.20, Pelosi’s deputy chief of staff Drew Hammill said: “The Speaker and Secretary Mnuchin spoke at 3:00 p.m. today for approximately … Continue reading Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

The US elections have finally come to an end, amid a flurry of anticipation, misinformation, and “he said, she said” disputes that have left the Republican party incredibly infuriated. President Trump has implied time and again that the elections were rigged, in response to Joe Biden winning the elections. Questioning the system of mail-in votes, … Continue reading Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat

Former CEO of Bakkt Kelly Loeffler (R-Ga) has lost a crucial Republican Senate seat for the state of Georgia to Democrat Raphael Warnock in a special election held on Tuesday in the United States. Loeffler left her role as the CEO of Bakkt crypto custodian firm in late December 2019 to replace Sen. Johnny Isakson … Continue reading Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat

Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance

American politician and member of Congress, Senator Cynthia Lummis (R-WY) has declared her bullish position on Bitcoin and plans to educate her colleagues in Congress on Bitcoin and financial innovation Per her Twitter post, Senator Lummis might have purchased Bitcoin because of two of its unique qualities including its properties a store of value, and … Continue reading Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance

U.S. National Republican Congressional Committee To Accept Crypto Donations Through Bitpay

In one of a kind move, the House Republican campaign arm, the National Republican Congressional Committee (NRCC) in the United States, has announced an acceptance of cryptocurrencies as donations to its campaign efforts. According to a report by Axios, the NRCC will become the first national party committee to test this new form of virtual … Continue reading U.S. National Republican Congressional Committee To Accept Crypto Donations Through Bitpay

Republic of Palau Partners with Ripple to develop National Digital Currency Strategy

Palau – the pacific island country – has partnered with Ripple Labs Inc., the U.S. crypto firm, to examine the development of its national digital currency. Based on the partnership, Ripple will help the Pacific island nation develop a U.S. dollar-backed digital currency that facilitates cross-border payments. The government of Palau aims to provide its … Continue reading Republic of Palau Partners with Ripple to develop National Digital Currency Strategy

Flipside Crypto Pulls $50m from Investors, Led by Republic Capital

Flipside Crypto – which provides blockchain analytics, and business intelligence to crypto firms – has raised $50 million in new funding round to increase its valuation tenfold to $350 million. Through the new funding, Flipside wants to increase its workforce from the current 66 people to more than 85 by the end of the year while … Continue reading Flipside Crypto Pulls $50m from Investors, Led by Republic Capital

Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country. The move was ushered in with the unanimous adoption of the premier digital currency by the country’s lawmakers, who noted that the coin will now operate in correlation with the CFA franc. As confirmed by the Chief of Staff … Continue reading Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Republic Capital to Raise $700m for Two Crypto-focused Funds

Investment platform Republic is raising $700 million for two cryptocurrency-focused funds, as reported by online media outlet Axios. The funds include a $200 million flagship venture fund and a $500 million dedicated crypto fund respectively. The venture fund will invest 20% of its capital in cryptocurrencies, while the other 80% will be invested in equity investments in … Continue reading Republic Capital to Raise $700m for Two Crypto-focused Funds

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