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Portugal Stops Sam Altman’s Worldcoin Biometric Data Collection Amid Privacy Concerns, and other News

Leonardo Perez 2024-03-27 11:35:50

On March 26, 2024, the CNPD ordered Worldcoin to suspend data collection activities for a period of 90 days, citing concerns about user privacy and possible violations of regulations. The move comes amid scrutiny over Worldcoin’s iris scanning technology and its proposed cryptocurrency-powered global digital identity system. Worldcoin, the “personality proof” project that awards crypto […]

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According to CryptoQuant, All Available Bitcoin Is Being Purchased

Audy Castañeda 2024-03-27 11:32:11

Bitcoin demand soars, with monthly figures jumping from 40,000 to 213,000 BTC, driven by increased accumulation. US ETFs excluding GBTC have contributed to this surge in demand, with their BTC balances growing significantly. Bitcoin liquidity has reached all-time lows, and the current sell-side liquidity is estimated to be bullish for BTC prices. Bitcoin is facing […]

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Resurgence of Interest in Cryptocurrencies Among Goldman Sachs Clients

Leonardo Perez 2024-03-26 10:24:48

Goldman Sachs sees significant uptick in hedge fund client interest in cryptocurrencies ahead of Bitcoin halving event. The bank is expanding its clientele to include asset managers and digital asset companies, with Bitcoin derivatives as a primary focus. The data suggests that Bitcoin’s value could skyrocket after the halving, supported by the stock-to-flow model that […]

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Bitcoin Market Volatility: Understanding Recent Price Changes

Audy Castañeda 2024-03-26 10:20:46

Whether it’s a rapid rise or a sharp fall, understanding the market mechanism behind Bitcoin’s movements is a must for an investor looking to stay on top of the turbulence in this rollercoaster business. The Bitcoin market is constantly changing and its high volatility remains a magnet for users to be willing to continue investing […]

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Binance Executive Escapes Detention in Nigeria

Leonardo Perez 2024-03-26 10:16:40

The businessman of British and Kenyan nationality allegedly escaped from custody last Friday from the Abuja guest house. This Monday it was confirmed that Binance executive Nadeem Anjarwalla escaped from the custody of Nigerian authorities. This person was under detention along with another of his colleagues, Tigran Gambaryan. Both employees had been under arrest since […]

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