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Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance
On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More. дальше »
2020-6-22 14:07 | |
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Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. дальше »
2020-6-22 13:50 | |
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US Fed Chair Jerome Powell Rules Out The Private Sector in Creation of a Digital Dollar
Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […] дальше »
2020-6-18 19:14 | |
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Could A Solar Flare Destroy Bitcoin As We Know It? This Bank Thinks So
Deutsche Bank has in a new report said that a Solar Flare is more menacing than the COVID-19 pandemic. At the beginning of the year, Bitcoin and other digital assets were poised to rise to record levels. дальше »
2020-6-18 11:19 | |
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After Raking in $200M, Kazakhstan Now Plans to Attract $740M Investment from Crypto Mining
Kazakhstan is planning to attract 300 billion tenge (about US$740 million) of investments from cryptocurrency mining in the next three years, said the Minister of Digital Development, Innovation, and Aerospace Industry Askar Zhumagaliyev. дальше »
2020-6-18 20:02 | |
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Michael Novogratz Counters Analyst Who Said Bitcoin’s $20K All-Time High Was Fake
Galaxy Digital CEO and Founder Michael Novogratz has registered his disagreement with the opinion that the 2017 Bitcoin price all-time high was fake. He mentioned in a tweet that the market was a bubble with a lot of liquidity to buy or sell into and the sell-off that later led to the price crash was […] дальше »
2020-6-13 00:19 | |
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BTSE Crypto Exchange Launches Bitcoin-Denominated, Tether Gold (XAUT) Futures Contracts
Bitcoin (BTC) has long been referred to as ‘digital gold’ with the prospect of becoming a store of value. However, the digital coin has not lived to its said expectations to the shiny metal but one exchange is aiming to change this with the launch of Bitcoin priced futures tracking the price of Tether Gold […] дальше »
2020-6-12 19:59 | |
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36% of Big Institutional Investors Own Digital Assets While 80% Find them Appealing: Fidelity Survey
36% of large institutional investors own digital assets such as Bitcoin, according to a survey from Fidelity Investments which also runs a service that trades and secures digital assets. Tom Jessop, president of Fidelity Digital Assets said, “These results confirm a trend we are seeing in the market towards greater interest in and acceptance of […] дальше »
2020-6-10 18:52 | |
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Top UN Blockchain Expert Believes Digital Currencies And CBDC’s Pose a Threat To Bank Accounts
Massimo Buonomo, a United Nations global blockchain and fintech expert, said the rising development of CBDCs and the low interest (negative) rates offered in commercial bank accounts may act as a catalyst to make corporate bank accounts obsolete. дальше »
2020-6-6 22:45 | |
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Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open to manipulation by central banks CBDCs are merely digital versions […] The post Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’ appeared first on Bitcoin News. дальше »
2020-5-29 19:10 | |
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No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist
Bitcoin’s quadrennial supply cut event does not guarantee to boost its price, warned Carlo Cocuzzo, a Digital Finance Economist at ING. The veteran said that traders wrongly compare bitcoin with fiat currencies, stating the cryptocurrency is not even a currency. дальше »
2020-5-14 15:00 | |
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Ethereum Sees Strong Resistance After Setback; Is a Return to $200 Possible In The Short-term?
The crypto market is easily swiped by bearish pressure due to the high number of speculators and nervous investors. When digital assets turn red, they can easily go on freefall. Unfortunately, the same cannot be said about gaining. дальше »
2020-5-12 16:18 | |
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Here’s why one of Wall Street’s most successful hedge fund managers, Paul Tudor Jones is buying Bitcoin
The American hedge fund manager Paul Tudor said his fund has a “low single-digit percentage…in Bitcoin futures,” and he is betting on this digital currency to overcome future monetary inflation as it reminds him of the role gold played during the 1970s where inflation caused great losses in the American economy. дальше »
2020-5-8 00:56 | |
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Bouncing Back: Bitcoin, Ethereum Thrives After Devastating Fall
The emergence of the coronavirus pandemic has had a negative impact on the global economy and the cryptocurrency market. The leading digital assets took a significant fall to break multiple-year-old support points, having a spread over effect on the rest of the altcoins as it is said that “a falling tide lowers all boats”. Bitcoin […] дальше »
2020-4-19 19:31 | |
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‘This is the time for Bitcoin’ Says Billionaire Investor Mike Novogratz
Bitcoin is an excellent investment in times of crisis… At least if you believe what Mike Novogratz has to say. In an interview with Bloomberg TV, the well-known investor and CEO of Galaxy Digital said that “this is the time for bitcoin”. дальше »
2020-4-16 23:15 | |
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Central Bank Digital Currencies May Arrive Within 3 Years
Deutsche Bank analyst Marion Laboure said that the major central banks that recently formed a think tank to explore digital currencies might take concrete actions within three years. The global pandemic is accelerating the process. дальше »
2020-4-11 23:26 | |
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Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin
Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money growing on trees,” Novogratz said this is the year for bitcoin. дальше »
2020-4-9 19:35 | |
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Tech Investor Palihapitiya says Bitcoin Price will Either Reach Millions or go to Zero
In a recent interview with Anthony Pompliano, Partner at Morgan Creek Digital Assets, crypto billionaire Chamath Palihapitiya said bitcoin could reach $1 million once it is globally adopted, creating a new financial model similar to a quasi-gold standard. дальше »
2020-4-8 12:48 | |
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Stock Rebound is Trap, Go Bitcoin Instead: Galaxy Digital CEO
Billionaire Michael Novogratz said that the recent rebound in stocks might lead to another decline soon. Instead, he is confident in Bitcoin and gold. Bitcoin Will Be Among Ideal Safe-Havens Novogratz, CEO of crypto merchant bank Galaxy Digital, told CNBC’s “Squawk on the Street” that investors shouldn’t be misled by the recent spike in stock prices. дальше »
2020-4-8 23:26 | |
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COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption
The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »
2020-4-5 15:00 | |
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Galaxy Digital’s Mike Novogratz: This Is The Year For BTC Or I Might ‘Hang Up My Spurs’
Bitcoin proponent, Mike Novogratz is still “most excited” about the world's leading cryptocurrency but “if it doesn't go all out by the end of the year I think I might just hang my spurs,” he said. дальше »
2020-4-4 22:57 | |
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Charles Hoskinson: It will be easier to issue and maintain digital assets on Cardano (ADA) than Ethereum
Charles Hoskinson, the CEO of IOHK, said that the huge amount of time, effort, and money spent has resulted in a unique product on the market that’s set to fulfill even the highest expectations. It will be easier to issue and maintain digital assets on Cardano than it currently is on Ethereum, Hoskinson said. дальше »
2020-4-2 20:38 | |
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No, Bitcoin is not under threat; not unless $2000 becomes a reality
Financial markets around the world are going through a whirlwind of emotions and sentiments right now. Sadly, a sense of stability is not one of them. The same could be said for the digital asset iThe post No, Bitcoin is not under threat; not unless $2000 becomes a reality appeared first on AMBCrypto. дальше »
2020-3-17 16:57 | |
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BlockFi Adds New On-Ramp, Allowing Customers to Use Cash Deposits to Buy BTC
The cryptocurrency-focused financial company BlockFi said it now has a newly enabled feature that allows its customers to buy Bitcoin (BTC) with cash. Before, the Jersey City-based crypto lender, only allowed users only to transfer their digital assets [BTC, ETH, LTC, and stablecoins USDC, GUSD] onto the platform from wallets and exchanges. But after today's […] дальше »
2020-3-10 21:18 | |
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British Banker Talks Bitcoin Again; Price Bombed 80% Last Time
The incoming Governor of the Bank of England has once again said that Bitcoin buyers should be prepared to lose everything they invest. Andrew Bailey, formerly the chair of the FCA, says that the digital asset lacks “intrinsic value”. дальше »
2020-3-5 01:00 | |
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Buy Bitcoin and Be Prepared to Lose Your Shirt, Says Next BoE Gov
Andrew Bailey has once again cast shade on Bitcoin. The incoming governor of the Bank of England said that those investing in the digital asset should be prepared to lose all their money. Bailey appears to have given the remarks during a Treasury Select Committee hearing with members of parliament today. дальше »
2020-3-5 00:05 | |
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Marshall Islands to Issue Digital Currency (SOV) Utilizing Algorand’s Blockchain Tech
The Marshallese sovereign (SOV) will be developed by SFB Technologies. In a statement, SFB’s CTO and co-founder, Jim Wagner, said Algorand has been chosen after an extensive research, also that is scalable and secure enough to properly issue and manage the SOV. дальше »
2020-3-4 20:44 | |
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Ethereum Is No Different Than Fiat Money – Anthony Pompliano Asserts
Co-Founder and partner at Morgan Creek Digital, Anthony Pompliano has fired back at the Ethereum community for saying ETH is money. On his Off-chain page on Substack, Pompliano said ETH is no different than any fiat currency because it shares certain characteristics with fiat money that makes it more similar to fiat than it is […] дальше »
2020-3-4 00:25 | |
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Will US Lawmakers Allow a Crypto bank to Exist?
The concept of a crypto bank seems wrong on multiple levels. That being said, such a venture just might be launched in the US fairly soon. Caitlin Long is a relatively well-known name in the world of blockchain and digital assets. дальше »
2020-2-26 02:00 | |
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Bitcoin Can Only Act As A Hedge Against A Loss Of Confidence In Fiat And Payment System: JPMorgan
According to JP Morgan Chase and Co. ’s 74-page report later this week states, the digital money will change the financial world. “2019 will be remembered for the rise of digital money,” the bank said in its report. дальше »
2020-2-24 22:15 | |
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Sweden Begins Testing Europe’s First Central Bank Digital Currency
The Riksbank of Sweden is starting to test Europe’s first central bank digital currency (CBDC), they said in a statement made Wednesday. The Swedish central bank says the goal of the testing is to show that citizens could benefit from using an e-Krona that’s as easy to send as an email. дальше »
2020-2-20 19:51 | |
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Billionaire investor: this one key thing has been driving the Bitcoin price over $10,000
Michael Novogratz, the CEO and chairman of Galaxy Digital said on CNBC’s Closing Bell that liquidity has been the main driver of bitcoin in recent weeks. Year-to-date, the Bitcoin price has climbed from $6,854 to $10,552, recording a staggering 54 percent increase in less than three months. дальше »
2020-2-16 12:22 | |
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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee
Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […] дальше »
2020-2-14 18:21 | |
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Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar
Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […] дальше »
2020-2-12 22:48 | |
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Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
дальше »2020-2-12 22:47 | |
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Blockchain.com Ventures leads seed funding for Wintermute Trading
Wintermute Trading, a global algorithmic market maker for digital assets, announced that it has completed the seed funding round led by Blockchain. com Ventures. In a press release shared with CryptoSlate, the company said it will use the funding to improve its liquidity and enhance its technology. дальше »
2020-2-11 17:44 | |
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Japanese Senior LDP Lawmaker Calls For Digital Yen Development Within 2-3 Years
Another of the senior lawmakers in the Japan’s Liberal Democratic Party (LDP) has called for the urgent development of the digital yen so that Japan can compete with China in this sector. Kozo Yamamoto, more exactly, said on February 10 that Japan should create its own digital currency in 2 or 3 years. As reported […] дальше »
2020-2-10 19:23 | |
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Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says
The Ministry of Digital Transformation of Ukraine has said that crypto mining does not require regulation by state authorities
дальше »2020-2-10 18:28 | |
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XRP Investor Mike Novogratz And Ripple CEO Brad Garlinghouse Feud On Twitter After Criticism
Mike Novogratz Bitcoin bull and CEO of one of the biggest players in the crypto world Galaxy Digital might have said a room full of financial advisors that after losing 95% of its value from an all-time high, XRP would “underperform immensely again this year,” he wants to see Ripple succeed. After all, Galaxy Digital […] дальше »
2020-2-6 18:49 | |
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Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law. дальше »
2020-2-6 06:00 | |
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China’s Top Private Bank Chair: Blockchain Tech Adoption Will Upgrade All Areas Of The Economy
China’s Blockchain potential could be unleashed to boost agriculture, finance and manufacturing, Chairman of Minsheng Bank states. In a report published on the Economic Information Daily, a China based publication, the Chairman of the first Bank in China to adopt blockchain technologies, Minsheng Bank, Hong Qi, said the world of blockchain, digital currencies and decentralized […] дальше »
2020-2-5 22:37 | |
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Cardano Up 47% in 2020, But Does Blockchain’s Usage Warrant it?
Like many crypto assets, the price of Cardano (ADA) has increased over the opening month of 2020. Starting the year at around $0.033, the digital currrency now trades at more than $0.054. Although the same could be said about many of the thousands of other digital currencies, the gains do not appear to be based... The post appeared first on NewsBTC. дальше »
2020-2-1 01:00 | |
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