Bitcoin News and Finance: What You Need to Know

French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto custody, trading, and sales. License Said to Enable Forge to Meet Institutional Demand for Digital Assets Forge, the crypto division of France’s banking giant Societe Generale, recently received what is being described as the first crypto services license issued under the country’s crypto assets laws, a report has said. French market regulator Autorité des Marchés Financiers (AMF) stated on its website that the license allows Forge to offer services which include crypto custody, trading, and sales. According to a Reuters report , the license given to Forge does not subject the Societe Generale’s subsidiary to the same onerous rules faced by other crypto entities, particularly in the areas of corporate gove...

PRESS RELEASE. BitKeep , a leading multi-chain wallet, has joined forces with the Solana Foundation in an exciting collaboration aimed at promoting the growth and evolution of the blockchain landscape. This strategic partnership combines BitKeep’s robust wallet solution with Solana’s high-performance blockchain platform, providing a comprehensive solution to existing scalability and throughput concerns in the industry while placing users at the forefront of industrial innovation and evolution. BitKeep, with its secure and convenient asset management services, has integrated with the Solana mainnet , allowing users to safely store, transfer, and conduct both single-chain and cross-chain transactions on the Solana network in a seamless manner. Additionally, BitKeep users can also expect to leverage Solana’s vibrant ecosystem and interact with popular decentralized applications (DApps) all from the convenience of their BitKeep Wallet. BitKeep Wallet is also listed on the official Solan...

The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was the flight to safety,” emphasizing that bitcoin is the insurance her team believes “everyone will want at the end of the day.” Ark Invest’s Bitcoin Price Predictions Ark Investment Management (Ark Invest) is now more confident in bitcoin’s price reaching $1.5 million per coin. The firm’s CEO, Cathie Wood, said in an interview with Bloomberg Monday: Our confidence has increased toward the bull case. The bull case Wood referred to was one of the three scenarios Ark Invest outlined in its annual Big Ideas 2023 that was published in February. In the firm’s base case scenario, the price of bitcoin is projected to reach $682,800 by the end of December 2030, while the bull case scenario envisions BTC soaring to $1.48 mill...

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled two new reforms for bitcoin if he is elected president. He plans to back the U.S. dollar with the cryptocurrency and eliminate capital gains taxes on the conversion of bitcoin to USD. RFK Jr. stressed that his administration’s mission is to make America “the global hub of cryptocurrency, particularly bitcoin.” Kennedy Administration Plans to Back US Dollar With Bitcoin U.S. presidential candidate Robert F. Kennedy Jr. unveiled several bullish plans for bitcoin if he is elected president during his speech at a Heal-the-Divide event on Tuesday. Kennedy is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy. The presidential hopeful began by outlining the reforms he previously promised regarding BTC , stating that his administration’s mission is to make America “the global hub of cryptocurrency, particularly bitcoin, as a means of incentivizing ...

Former U.S. President Donald Trump has warned that the U.S. economy will face “more than a recession” if he is not elected president. Trump also made several other promises, including getting Russia’s President Vladimir Putin to make a deal with Ukraine’s President Volodymyr Zelenskyy “very quickly.” Donald Trump’s Warnings Former U.S. President Donald Trump made several promises and predictions during an interview with Fox News Sunday. He was asked about his plan to get the U.S. economy growing again and whether he thinks the U.S. is going into a recession. “If people think Trump is going to be elected, you’ll never have a recession … because people will start investing,” the former president claimed, adding: If people think I’m not, you’ll have more than a recession. You’re going to have a depression. “But, what I would do is very simple. I’ve got to get interest rates down. We have to get rid of inflation because inflation is a country killer,” he stressed, noting that the Bi...

The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS Membership, SA President Ramaphosa Says Leaders of the five BRICS members (Brazil, Russia, India, China, and South Africa) will talk about the group’s expansion at their summit scheduled for August, South Africa’s President Cyril Ramaphosa has confirmed. Ramaphosa told the SABC radio: As we speak now, close to 20 or so of others want to join BRICS and they want us to admit them into the BRICS family. So, at this summit, we are also going to be discussing the prospect of whether BRICS grows beyond the five countries or not. Media reports and official statements in the past few months have unveiled that a number of countries are seeking to become BRICS members. In April, South Africa’s Ambassador ...