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MAJOR Bitcoin Adoption Surge: Rumble, Goldman Sachs, Nations Join!
🚨 LIVE: This Week’s Game-Changing Bitcoin and Finance News You Don't Want To Miss! 🚨
Get ready for a breakdown of this week’s biggest stories:
1️⃣ Rumble Puts Bitcoin on Their Treasury 🪙
Rumble has announced a bold move by allocating up to $20 million of its corporate treasury to Bitcoin. CEO Chris Pavlovski highlighted Bitcoin’s strength as a hedge against inflation and its resistance to money printing. This marks a major step in strengthening ties with the crypto community.
👉 https://corp.rumble.com/blog/rumble-announces-bitcoin-treasury-strategy/
2️⃣ Goldman Sachs Buys $710M in Bitcoin ETFs 🏦
Goldman Sachs has disclosed holdings of $718 million in Bitcoin ETFs, including significant investments in BlackRock’s iShares Bitcoin Trust. This demonstrates the growing adoption of Bitcoin among institutional investors.
👉 https://cointelegraph.com/news/goldman-sachs-holds-710-million-bitcoin-etfs
3️⃣ Adam Back Predicts $1M Bitcoin 🚀
Blockstream CEO Adam Back has made headlines with his bold prediction that Bitcoin will hit $1 million in the coming years. His forecast has sparked debates among industry leaders, with many intrigued by Bitcoin’s long-term potential.
👉 https://x.com/adam3us/status/1858555332999647255
👉 https://x.com/Dennis_Porter_/status/1858900144789615039
4️⃣ Morocco Unbans Bitcoin 🇲🇦
Morocco is set to legalize cryptocurrencies, reversing its 2017 ban. The central bank is preparing a law to regulate digital assets and exploring the introduction of a central bank digital currency (CBDC) to enhance financial inclusion.
👉 https://www.reuters.com/technology/morocco-preparing-law-allow-cryptocurrencies-central-bank-chief-says-2024-11-26/
5️⃣ Brazil Proposes Bitcoin on Its Balance Sheet 🇧🇷
Brazilian Deputy Eros Biondini has introduced a bill to create a sovereign Bitcoin reserve. This proposal aims to diversify the nation’s treasury and provide support for Brazil’s digital currency, the Real Digital (Drex).
👉 https://www.correiobraziliense.com.br/economia/2024/11/6996910-deputado-do-pl-propoe-reserva-estrategica-soberana-de-bitcoins-pelo-governo.html
6️⃣ Tornado Cash Sanctions Overturned by Court ⚖️
In a win for privacy advocates, a U.S. appeals court has overturned OFAC sanctions against Tornado Cash’s smart contracts. The ruling establishes that sanctioning immutable code exceeds legal authority, marking a major precedent for crypto privacy.
👉 https://cointelegraph.com/news/tornado-cash-smart-contracts-cant-sanctioned-appeals-court
7️⃣ Vancouver Strategic Bitcoin Reserve 🇨🇦
👉 https://x.com/simplybitcointv/status/1861856083209302405?s=46&t=bA0U7_qEKreUKzqXkc0PEA
💬 What do you think of these groundbreaking developments? Share your thoughts below! Don’t forget to like, subscribe, and hit the bell icon to stay updated! 🔔
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