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Polygon (Matic) is skyrocketing: why and what’s next?
The price of Polygon’s MATIC token has managed to skyrocket in terms of value throughout the week. Evaluating MATIC Matic MATIC/USD, the native currency to Polygon, saw swings in value throughout this week like never before throughout its existence. дальше »
2021-5-19 17:27 | |
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Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419. 75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411. дальше »
2021-5-17 16:30 | |
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Nigeria Stopping the Rejection of Old or Torn USD Notes Underlines Why Crypto Is a Better Reserve Currency
In early April 2021, the Central Bank of Nigeria (CBN) issued a circular warning Nigerian institutions to stop the practice of rejecting old or lower denomination USD notes. The CBN issued the warning after it became “inundated with complaints from members of the public on the rejection of such notes by banks and other authorized […] дальше »
2021-5-3 11:30 | |
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Payment Giant Visa Integrates USDC Stablecoin Support for Settlement
On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network. дальше »
2021-3-29 15:30 | |
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Visa Now Settling Transactions with USD Coin on Ethereum
According to the announcement, Visa spent the last year enabling the capacity for digital currency settlement within its existing infrastructure. Anchorage, the United States’ first federally chartered digital asset bank, will facilitate the pilot program launched with Crypto. дальше »
2021-3-29 14:41 | |
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Bitcoin is the Third Largest Currency in Circulation After USD & Euro: Deutsche Bank Report
While Bank of America is writing about “Bitcoin’s Dirty Little Secrets” and that there’s “no good reason to own BTC unless you see prices going up,” according to Deutsche Bank, Bitcoin is “too important to ignore. дальше »
2021-3-19 17:32 | |
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IRS Changes Tax Requirements; Purchasing Crypto with Fiat (USD) Doesn’t Need to be Reported
If a person has purchased cryptocurrencies with USD, such a transaction is not reportable to the Internal Revenue Service (IRS), clarifies the updated FAQ on Virtual Currency Transactions on the official website. дальше »
2021-3-4 21:08 | |
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Buying Cryptocurrency with USD Need not Be Reported to the IRS
According to the updated IRS FAQs, purchasing virtual currencies using USD is not necessarily reportable to the IRS. IRS Latest Update Virtual currency holders who bought the assets via fiat money were confused about whether or not to tick ‘yes’ on IRS’ form 1040. дальше »
2021-3-4 18:00 | |
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Why Bitcoin and gold can work together for your portfolio
The largest digital currency, Bitcoin has been referred to as a robust store of value, digital gold, and a hedge against the US dollar. At a time when the USD looks weak and Bitcoin's value has been iThe post Why Bitcoin and gold can work together for your portfolio appeared first on AMBCrypto. дальше »
2021-2-12 17:00 | |
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XREX launches new INR, USD crypto-fiat ‘Exchange-as-a-Service’ platform
XREX, a blockchain company focused on cross-border businesses that operate in emerging economies, today announced the launch of MyXchange, its new currency Exchange-as-a-Service (EaaS) platform. At launch, the following trading pairs will be available in cryptocurrency: BTC, BCH, ETH, XRP, USDT, and in fiat: USD, INR. дальше »
2020-12-10 03:52 | |
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Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K
As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. дальше »
2020-11-21 19:00 | |
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China Awards Shenzhen Residents with 200 RMB in its DCEP to Spend and Test Out Locally
China is forging ahead with the latest testing of its digital currency electronic payment (DCEP) that is awarding lottery winners tickets in Shenzhen with 200RMB (30 USD) in DCEP to test out and spend locally. дальше »
2020-10-13 21:30 | |
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Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. дальше »
2020-9-19 17:36 | |
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Bitcoin price hits $9.8K as quest to fill futures gap sees 6-week lows
Amid ongoing strength in the U.S. dollar currency index, Bitcoin bears gain strength, sending BTC/USD to its lowest since late July. дальше »
2020-9-8 16:15 | |
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Currency Debasement sees BTC Breaking into a New ATH Against Turkish Lira & Argentine Peso
Bitcoin is currently trading around $11,000 on the USD market, still about 75% off from hitting the 2017 peak of $20,000. The world’s largest cryptocurrency might still have a way to go before it could see new highs, but in Turkey, the prices have flown upwards. дальше »
2020-8-6 22:21 | |
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USD-Pegged Cryptos & BTC Continue to Rise in Contradiction to the Falling US Dollar
The US dollar is not having a good start in the second half of 2020. The dollar index, which measures the greenback against a basket of leading currencies, has fallen 9.5% since the March high. July was the currency’s weakest monthly performance in a decade after USD fell to a two-year low. This weakness has […] дальше »
2020-8-6 20:28 | |
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Circle и Genesis разработают DeFi-продукты на базе стейблкоина USDC
Genesis Global Capital, кредитное подразделение Digital Currency Group, и криптовалютная компания Circle, управляющая экосистемой USD Coin (USDC) в консорциуме Centre, объединят усилия для создания DeFi-протоколов на базе стейблкоина. дальше »
2020-7-30 18:45 | |
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Goldman Sachs Says U.S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on Gold
Coinspeaker Goldman Sachs Says U. S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on GoldGoldman strategists said that the fragile economic condition, with interest rate at an all-time low, and the uncertain political scenario, have added to the instability of the USD showing signs of real concerns for it to continue as the world's reserve currency. дальше »
2020-7-29 14:15 | |
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US Legislators Want USD Digital Currency
US legislators have proposed the development of a US dollar digital currency that will rival the soon to be launched Yuan cryptocurrency. According to the lawmakers, the move would help… The post US Legislators Want USD Digital Currency appeared first on CoinCentral. дальше »
2020-7-22 18:18 | |
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‘Waning’ Safe Haven Status Leaves The Dollar Vulnerable to Bitcoin
A macro strategist for Deutsche Bank has raised concerns over the dollar losing its safe-haven status if another wave of the pandemic strikes the United States. If the current global reserve currency continues to wane as an “emergency” currency, could Bitcoin eventually step into that role? Macro Strategist Questions USD Safe Haven Premium As Concerns Over Pandemic Resurgence Grows When the economy is under distress, certain assets known as safe havens for capital perform best […] дальше »
2020-6-23 18:28 | |
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Goldman Sachs Shortens USD, Recommends Norwegian Krone as Currency to Bet against Dollar
Coinspeaker Goldman Sachs Shortens USD, Recommends Norwegian Krone as Currency to Bet against DollarGoldman Sachs experts said that the Norwegian krone is a well-positioned currency to use it for betting against the U. дальше »
2020-6-1 16:42 | |
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BTC Usage in Africa Intensifying, Nigeria’s Naira Posting Highest Volume After USD on P2P Exchanges
Bitcoin adoption in Africa continues to ramp up. On peer-to-peer bitcoin exchange platform, Paxful and LocalBitcoins, Nigeria's Naira accounted for $9 million of trading volume each week. This growing usage has Nigeria's Naira second most used currency after the US Dollar. дальше »
2020-5-22 21:23 | |
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Rupiah Token (IDRT) Stablecoin Got Listed on Instant Cryptocurrency Exchange Service Changelly
Rupiah token (IDRT), the most adopted Indonesian stablecoin, got listed on the non-custodial cryptocurrency instant exchange Changelly. com. The token backed by Indonesian national currency is now available for instant exchanges from and into 150+ cryptocurrencies listed on the Changelly platform and can be purchased with a bank card for US dollar (USD), Euro (EUR) andRead MoreRead More. дальше »
2020-4-30 19:00 | |
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Bianco Research CEO Says Next Reserve Currency Will Be a Cryptocurrency
Can crypto actually take on USD’s role around the world?
дальше »2020-4-22 23:24 | |
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How Bitcoin became the most sought currency in Argentina after USD crackdown?
Is Bitcoin another avenue that leads to Dollars and keeps inflation at bay? If so then, we'll welcome it. It was a way to beat the system - This was an excerpt from the essay by Mariano Conti the HeadThe post How Bitcoin became the most sought currency in Argentina after USD crackdown? appeared first on AMBCrypto. дальше »
2020-4-20 21:00 | |
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Why Bitcoin Analysts See This Dip As Incredible Opportunity To Buy
Today’s Bitcoin price drop below USD $7k has taken some by surprise, yet it is causing little concern among analysts, In fact, the mood is optimistic, as most believe that the market will recover quickly, with the flagship crypto currency soon surging much higher. дальше »
2020-4-11 20:42 | |
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IBMR gets fresh $3.48M for ARCC cryptocurrency basket fund; to list on BiKi
IBMR, an economic development reserve and advisory, announced it has raised $3. 48 million as an investment seed into the ARCC Currency Reserve, a basket of cryptocurrencies that include ALGO, BTC, and BNB as well as 700,000 USD in seed investments for US-based tech start-up companies. дальше »
2020-3-26 03:15 | |
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There’s A ‘Big Misunderstanding’ About the BTC Stock-to-Flow (S2F) Model: PlanB
Since falling to $3,850 last week, Bitcoin has been keeping above $5,000. Though there have been a few bumps along the way, the leading digital currency is stabilized around $5k for the most part. Over a billion-dollar worth of bitcoin meanwhile continues to exchange hands. дальше »
2020-3-19 19:30 | |
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Kraken Adds Nine Major Foreign Currency Trading Pairs On Its Platform
Kraken announced on Twitter, they will now offer direct trades with some of the most popular fiat currencies. At exactly 1430 UTC on 12th March, they would support trades between CAD, CHF, EUR, GBP, JPY and USD on the Kraken platform. дальше »
2020-3-13 19:25 | |
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A NEW Feature On EXMO: Buy Crypto Directly From Your Credit/Debit Card
EXMO launches a new feature: buy crypto directly from your credit/debit card via Mercuryo. Choose the Fiat currency to make a payment—USD, EUR or RUB. If you do not have a bank card tied to any of these currencies, you can pay in any other currency (it will be converted at the rate of your […] дальше »
2020-3-12 23:10 | |
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Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals
The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use an intermediary currency such as USD or […] The post Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals appeared first on Bitcoin News. дальше »
2020-1-29 18:30 | |
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Wolfs Group ICO
Wolfs Group is an established company which has more than 20 years of experience in Real estate ,Cutting edge technology, FinTech, Equity , Portfolio Management. With the acquisition of Ferpay LTD Wolfs Group has done agreement with VISA for roll out of multi currency cards and payment gateways of USD/EUR/BTC/ETH. дальше »
2020-1-10 14:33 | |
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Chinese, European CBDCs may not be enough to oust the USD
China and Europe are hot on the digital currency trail, but won't threaten the United States. If the goal is to dominate the U.S in the global currency market, a simple digital version of the RenminbiThe post Chinese, European CBDCs may not be enough to oust the USD appeared first on AMBCrypto. дальше »
2020-1-8 11:30 | |
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Crypto’s Have ‘Intriguing Possibilities’ But Won’t Replace USD As Global Reserve Currency: IMF Chief
International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […] дальше »
2020-1-7 18:49 | |
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China Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22. дальше »
2020-1-2 11:01 | |
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Bakkt’s Bitcoin Options, Cash-Settled Futures Contracts are now Live
Bakkt, the Bitcoin (BTC) trading platform geared toward institutional investors on December 9, 2019, announced that it had launched two new digital currency products – Bakkt Bitcoin Monthly Options, and Bakkt Bitcoin (USD) Cash Settled Futures. дальше »
2019-12-10 00:00 | |
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British Virgin Islands (BVI) and LifeLabs Share BVI~LIFE Digital Currency Stablecoin Backed by USD
A press release from December 3rd says the new currency comes as a start of a wider initiative to help the fintech sector develop. It will be introduced at the symposium held by the DVI Digital Economy, and function as a stablecoin 1:1 pegged to the US dollar. The BVI have been using the US […] дальше »
2019-12-4 01:48 | |
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China's digital yuan may eventually challenge USD hegemony: Kenneth Rogoff
China's presence in the blockchain and digital asset ecosystem has never been more prominent. Not only has China conceded to the development of its own digital currency, a digital Yuan, but the ChinesThe post China's digital yuan may eventually challenge USD hegemony: Kenneth Rogoff appeared first on AMBCrypto. дальше »
2019-11-28 17:30 | |
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Bitcoin Price is on a Steady Decline, Losing Just Over $100 USD Per Day Until Yesterday
In recent times, Bitcoin has not been having the most pleasant of experiences. It was observed that on the average, this prominent digital currency has been slumping by an alarming $110. 43 every single day since October 25th. дальше »
2019-11-26 18:56 | |
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