Cryptomarket impacted by policy changes and tighter regulation
Due to recent U.S. government decisions and Federal Reserve (Fed) policies, the crypto market has become more volatile. Bitcoin is experiencing greater price fluctuations due to uncertainty about the impact of these policies on the global economy. At the same time, the Fed has indicated it is looking at how banks deal with crypto companies, which could be positive for the industry in the long run. Stricter guidelines may bring more stability, but are currently creating uncertainty. Analysts expect volatility to continue for now, depending on upcoming economic decisions.
Dump wanted, with hidden crypto fortune
James Howells, a British computer expert, has made another attempt to retrieve his lost Bitcoin from the landfill. In 2013, he accidentally threw away a hard drive containing a wallet containing more than 8,000 Bitcoin, now worth more than 700 million euros. Despite years of legal battles and rejections from the municipality, Howells now has a creative idea: buy the landfill to search for his lost fortune himself. It sounds like an impossible mission, but for Howells, this is the last chance to recover his Bitcoin and make up for his losses.
Czech Republic makes progress in crypto regulation
The Czech Republic recently signed a new crypto law and the Czech National Bank (CNB) is considering a Bitcoin reserve. The Czech Republic recently signed a law that, in line with European MiCA (Markets in Crypto-Assets) regulations, strengthens the legal framework for cryptocurrency in the country. MiCA is the new European legislation aimed at regulating the crypto market, protecting investors and promoting transparency. The Czech Republic is not only moving forward with the legislation, but is also considering including Bitcoin in the CNB’s foreign reserves. In doing so, the Czech Republic is contributing to the growth and adoption of crypto within the EU.
