Technology

Businesses Continue Adopting Bitcoin and Cryptocurrencies

2024-12-11 Bitcoin and Corporate Adoption

Cryptocurrencies aren’t just for tech experts or investors anymore. They’ve gone mainstream. El Salvador and the Central African Republic (CAR) even made Bitcoin legal tender, creating a buzz around the world. Why? Because digital currencies offer clear advantages: lower fees, better access to financial tools, and protection from inflation. For …

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Would You Buy into Trump’s World Liberty Financial New Crypto Venture

2024-09-17 Trump and World Liberty Financial

Donald Trump has announced a new cryptocurrency venture called World Liberty Financial, raising concerns about potential conflicts of interest during his 2024 presidential campaign. With his sons heavily involved, Trump is positioning himself as the "crypto candidate," despite his previous skepticism of the industry. The venture, which remains vague in its goals, is entering a highly speculative and volatile market. Critics are questioning how Trump’s potential return to the Oval Office could impact his business interests, particularly in the cryptocurrency space. This new project adds another layer of complexity to Trump's business and political pursuits.

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Flutter Entertainment in Advanced Talks to Acquire Playtech’s Italian Unit Snaitech

Flutter Entertainment (NYSE: FLUT) is in advanced discussions to acquire Playtech's Italian subsidiary, Snaitech, in a deal potentially valued at £2 billion ($2.6 billion). This acquisition aligns with Flutter's strategy of expanding its global footprint through strategic acquisitions, particularly in key markets like Italy. The market has responded positively to the news, with significant increases in the share prices of both companies. While the transaction could enhance Flutter's leadership in the global gambling industry, both companies have emphasized that there is no certainty that the deal will be completed.

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December European Car Sales Decline but January Rebound Highlights Mixed Market Signals

December European Car Sales Decline but January Rebound Highlights Mixed Market Signals

In December 2023, Europe saw a decline in new-vehicle registrations, the first in 17 months, primarily due to decreased electric vehicle (EV) demand. However, January 2024 marked a resurgence, especially in Germany, with a 19% increase in passenger car registrations and a 37% rise in new plug-in electric car registrations. Despite facing economic uncertainties and reduced incentives, brands like Mercedes-Benz, BMW, and Audi led in EV registrations. This mixed market response underscores the crucial role of policy support and strategic industry adjustments in navigating the evolving automotive landscape towards sustainable mobility.

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The EU is making it more difficult for criminals to misuse cryptocurrencies for criminal purposes

Crypto and Criminals

As crypto and digital currencies become more common in the real world, more rules and regulations need to be implemented to stop “bad” people from using these currencies for doing bad stuff. Governing bodies across the world have been struggling to catch up with the new and innovative ways criminals …

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