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Indonesian Governor Plans to Launch Bitcoin Trading Exchange

The governor of Indonesia, Ridwan Kamil, has announced plans to launch a Bitcoin trading exchange in the country, citing the increasing interest of the younger generation in Bitcoin as a reserve asset. This move marks a significant step forward for Indonesia's cryptocurrency industry, which has traditionally been cautious about the use of cryptocurrencies. The country has recently softened its stance on cryptocurrency, with the Ministry of Trade issuing regulations for cryptocurrency exchanges and the Ministry of Finance planning to tax cryptocurrency transactions.

Someone has used the Ordinal protocol to record the game "Doom" on the Bitcoin blockchain

The game Doom is one of the most commonly ported games to various systems, especially suitable for players who like to modify game systems.

A husband hid $500,000 in bitcoin during a divorce — and got busted by a crypto hunter

A New York housewife tracked down 12 bitcoins worth half a million dollars in a previously undisclosed crypto wallet.

Bitcoin Price Prediction Ahead of Key Week for the Markets

According to crypto analyst Michael van de Poppe, the next week will be crucial for Bitcoin (BTC). If BTC can successfully break out after retesting the 200-day moving average, it could see a new uptrend. However, if it fails to break above this level, it could fall to past recent lows, with the key target at $25k or lower. <br>

Bitcoin and Ethereum Prices Remain Flat As SEC Holds Firm on Regulatory Stance, While Ripple Scores Small Courtroom Victory and Launches CBDC Platform

Bitcoin and Ethereum prices have remained stable for the third consecutive week as the SEC continues to assert its position as the industry's lead regulator. Ripple's XRP saw a notable increase of 9.4% after a small courtroom victory against the SEC in its ongoing lawsuit. Litecoin also experienced a significant increase of 13.2% due to the popularity of Ordinals Inscriptions.

Bitcoin Price Analysis: Bulls Take Control as BTC/USD Retests $27k Level

Bitcoin's price analysis indicates a positive trend for the BTC/USD pair, with the coin trading in a bullish trend and gaining momentum. The bulls have been dominating the market, pushing the price higher and breaking above the psychological $27,000 level.

Bitcoin’s Correlation to Big Tech Near Lowest Since 2021

Bitcoin's correlation with tech stocks, particularly the Nasdaq 100, has reached its lowest level since April 25th. The decoupling of Bitcoin and equities is due to diverging sentiment around cryptocurrencies and traditional assets as investors react differently to uncertainty around the Federal Reserve's path of rate hikes and bank collapses in March. While Bitcoin remains a riskier asset than tech stocks in an uncertain macro environment, it has benefited from negative headlines around banking causing panic in equity markets. However, there isn't currently a catalyst compelling investors to buy Bitcoin while tech stocks are riding the hype surrounding artificial intelligence.

Institutional Investors Look to Bitcoin as a "Serious Venue" for Investment, Says Canada's First Bitcoin Fund Issuer CEO

According to Fred Pye, CEO of 3iQ, institutional investors and portfolio managers are now considering Bitcoin as a serious investment opportunity. Pye attributes this shift to Canada's advanced regulation for crypto trading, which has drawn investors to the digital assets market.

No Talk of Moon Shots at This Year’s Bitcoin Bash in Miami

The Bitcoin 2023 conference in Miami Beach saw a smaller turnout than last year, with attendance down to 12,000 from over 25,000. The event was more subdued than previous years due to the losses suffered by many attendees during the digital asset market's annus horribilis of 2022. However, despite this downturn, crypto prices have recovered somewhat this year. The conference featured booths and exhibits showcasing various companies' products and services related to cryptocurrencies and blockchain technology. Miami has been trying to establish itself as a hub for fintech and crypto startups in recent years under Mayor Francis Suarez's leadership.

ARK Invest founder Cathie Wood has bet heavily on Bitcoin, Tesla, Twitter and ChatGPT, claiming that her research is "the best in the world"

Cathie Wood, founder of investment management fund ARK Invest, discussed the future of tech and how AI will disrupt everything over the next few years in a 20-minute fireside chat at Fortune’s Most Powerful Women Next Gen conference. She remains bullish on her long-term bets, which include Bitcoin and Tesla. Wood believes that A.I. is going to be a source of winner-take-most very big markets and that autonomous taxi platforms powered by artificial intelligence could grow from nothing today to $8-10 trillion in revenue globally by 2030 or thereabouts. She also thinks that supersonic flight is pretty exciting and one of their minority owners is Japanese—Nikko Asset Management.