Bank of America: coming “recession shock” possible boon for crypto

The macroeconomic picture is deteriorating fast and could push the United States economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, Bank of America strategists warned in a weekly research note, Reuters reports. дальше »

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Avalanche added to Terra UST reserve and its price surges: here’s where to buy AVAX

Avalanche (AVAX) is still rising one day after a price hike that resulted from an announcement by Terra Luna Foundation that it had added Avalanche to its UST reserve. Avalanche is now the second layer one blockchain solution whose digital asset contributed to Terra’s UST reserve; the first layer one digital asset is Bitcoin. дальше »

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Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche

Terra’s founder Do Kwon announced in March that the blockchain network will buy $10 billion worth of Bitcoin as a reserve for its algorithmic stablecoin, UST.  The network has bought $1.6 billion worth of the flagship digital asset, so far, and reports have now emerged that it is expanding its reserve for UST to another […] The post Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche appeared first on CryptoSlate. дальше »

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South Africa finishes technical PoC for wholesale CBDC settlement system

The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs. дальше »

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Federal Reserve may purposely force down crypto prices

Bill Dudley, former president of the Federal Reserve Bank in NY and chief economist at Goldman Sachs, believes that “to be effective, [the Federal Reserve] will have to inflict more losses on stock and bond investors than it has so far. дальше »

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Terra adds Avalanche to its UST Reserve, the two will partner on a new gaming subnet

The Terra Luna Foundation has added Avalanche (AVAX) to its UST Reserve. Terra has bought AVAX coins worth $100 million making Avalanche the second Layer 1 digital currency to be added to Terra’s UST Reserve. дальше »

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Bitcoin Collapses 7% As FED Gets Hawkish, Why This Could Be A Buy The Dip Opportunity

Bitcoin records a 7% drop in the last week as yesterday’s Federal Open Market Committee (FOMC) hints at a more aggressive U. S. Federal Reserve. As investors reacted to a tougher monetary policy, selling pressure rejected BTC’s price from the mid area around its current levels. дальше »

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Bitcoin Regains $43.5K as 'Fear' Hits Sentiment, Though Some Remain Bullish

Bitcoin showed signs of recovery following Wednesday’s slide as hawkish comments from the U.S. Federal Reserve failed to temper investor fears about inflation in the coming months. дальше »

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CACHE integrates LINK to monitor gold backing

CACHE Gold has adopted a Chainlink (LINK/USD) Proof of Reserve (PoR) feed on Ethereum (ETH/USD) Mainnet to monitor the locked gold backing the CACHE Gold token, CGT, Invezz learned from a press release. дальше »

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Do Kwon Buys Another $230 Million Bitcoin

Luna is back to buying bitcoin with a bigger purchase than usual performed earlier today after a pause. Blockchain data shows the Luna Foundation Guard Reserve Wallet transferred 231,400,000 USDt... дальше »

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Why These U.S. Lawmakers Introduced a Bitcoin Standard “Risk” Mitigation Bill

Two U. S. Lawmakers want to protect the country from the potential risk of Bitcoin adoption. According to a press release, Congresswoman Norma Torres (D) and Congressman Rick Crawford (R) joined forces to protect the global financial system supported by its reserve currency, the U. дальше »

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Bitcoin Exchange Reserve Takes Further Beating, Now Lowest Since August 2018

On-chain data shows the Bitcoin exchange reserve has taken a further beating this March, and has now reached the lowest value since August 2018. Bitcoin Exchange Reserve Loses 96k BTC Over The Past Month As per the latest weekly report from Glassnode, the BTC exchange reserve lost around 96k BTC over the course of March. […] дальше »

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The Case For Bitcoin Price At $4.8M If It Trumps The Dollar To Become World’s Reserve Currency

VanEck's analysis used several models to arrive at the conclusion that could pass as one of the biggest predictions of Bitcoin prices. дальше »

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Bitcoin's 'Reserve Risk' Suggests Opportunity for Long-Term Accumulation

The indicator trades at low levels when there is heavy investor accumulation and HODLing is the preferred market strategy, a blockchain analytics firm said. дальше »

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin. дальше »

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10 Best Cryptocurrencies to Buy in April 2022

Cryptocurrencies had a relatively successful March even after the Federal Reserve embraced a more… The post 10 Best Cryptocurrencies to Buy in April 2022 appeared first on Coin Journal. дальше »

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10 Best Cryptocurrencies to Buy in April

Cryptocurrencies had a relatively successful March even after the Federal Reserve embraced a more…

The post 10 Best Cryptocurrencies to Buy in April appeared first on Coin Journal.

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What Happens If Bitcoin Becomes The World’s Reserve Asset?

The idea of bitcoin as a reserve asset for nations around the world has been floating for years now. While some feel that this is the inevitable end game for bitcoin, it is still left to know what impact this will have on the value of the digital asset if this were to be the […] дальше »

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Ethereum Bullish Signal: 1.2 Million ETH Exited Exchanges Recently

Ethereum on-chain data shows more than 1. 2 million ETH has exited exchanges over the past two weeks, a sign that could be bullish for the price of the crypto. Ethereum Exchange Reserve Has Observed Significant Decline In The Last Couple Of Weeks As pointed out by an analyst in a CryptoQuant post, the ETH exchange reserve has lost over 5% in value in just the last fourteen days. дальше »

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VanEck predicts Bitcoin would be worth at least $1.3 million if considered global reserve currency

The ongoing war in Ukraine has firmly placed the importance of assets like Bitcoin and gold in the front seat of the global financial system, according to financial asset management firm VanEck. The post VanEck predicts Bitcoin would be worth at least $1. дальше »

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VanEck expert: Bitcoin could hit $1.3M if it became a global reserve asset

The firm says sanctions on Russia could see central banks look to ‘change their… The post VanEck expert: Bitcoin could hit $1.3M if it became a global reserve asset appeared first on Coin Journal. дальше »

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US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level

The report is widely watched by traditional and crypto traders because of its implications for inflation and the Federal Reserve’s fight against it. дальше »

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VanEck: Стоимость биткоина подскочит до $4,8 млн, если он станет мировой резервной валютой

Цена биткоина может достичь диапазона от $1,3 млн до $4,8 млн при условии обретения им статуса мировой резервной валюты. Такие расчеты привели аналитики VanEck. Asset manager Van Eck says the #Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset. […] дальше »

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VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency. дальше »

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Terra Adds Another $139 Million Worth of BTC to Its Reserve as Bitcoin Whale Transactions Spike

Reports have it that Terra has added another 2,943 Bitcoins, or $139 million worth, to its reserve дальше »

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Watching The Fed: Yield Curves, Wall Street And Food Shortages

We discuss the hawkish messaging of the Federal Reserve, the importance of a yield curve inversion and the possibility of an emerging food crisis. дальше »

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Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency

With a plan to buy up $10 billion of bitcoin, Do Kwon’s UST stablecoin project may be fulfilling a prophecy by the late recipient of the first BTC transaction. дальше »

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US Treasury Secretary still skeptic about cryptocurrencies

Janet Yellen, the US Secretary of State, has expressed her criticism once more about the cryptocurrency sector. Yellen, and the Federal Reserve Chair, Jerome Powell, have remained skeptical of the crypto industry despite the high rate at which cryptocurrencies are being adopted in the US. дальше »

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MIT adds the Bank of England to its stable of CBDC research partners

The Bank of England will launch a yearlong joint research project with MIT, which is already working with the Federal Reserve Bank of Boston and Bank of Canada. дальше »

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After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly? дальше »

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Anchor Protocol Will Readjust Interest Rates Each Month, ANC Falls by 5%

Rates will drop, or increase, 1.5% per month on the popular lending protocol until the yield reserve starts to increase. дальше »

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‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation

Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters. дальше »

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Federal Reserve chair concerned over the adoption of digital assets

The chair of the US Federal Reserve, Jerome Powell, has expressed concern over the cryptocurrency sector. The official stated that private cryptocurrencies and stablecoins presented a risk to the stability of the financial sector. дальше »

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Terra buys $125 million of Bitcoin for its reserve

Terra, in recent weeks, has emerged as one of the best-performing digital assets, with its price-performance outpacing the majority of its competitors. The post Terra buys $125 million of Bitcoin for its reserve appeared first on CryptoSlate. дальше »

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Bitcoin Holds Above $40K as Market Adjusts to Higher Rates From Federal Reserve

At the current level, the crypto has gained about 3% for the week. дальше »

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Bitcoin Bullish Signal: Exchange Reserve Loses Another 50k BTC Over Past Week

On-chain data shows the Bitcoin exchange reserve has lost another 50k BTC over the past week, a sign that could be bullish for the price of the crypto. Bitcoin Exchange Reserve Continues To Observe Further Decline In Recent Weeks As pointed out by an analyst in a CryptoQuant post, 50k BTC in net outflows has exited exchange wallets over the past week. дальше »

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Where Does Bitcoin Stand With Depleting Dollar Dominance

The world has relied on the US Dollar as a reserve currency for decades now, needless to say that it is one of the world’s strongest currencies. As far as Bitcoin and its potential prevalence are concerned, many experts believe that the digital currency could threaten the global supremacy of dollar. It is no news that […] дальше »

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What’s Bitcoin Role After End of Petrodollar System? Arthur Hayes Says

Bitcoin could have a bigger role in the international board as superpowers compete for dominance over the financial system. The benchmark crypto has seen some relief in the last day, as the U. S. Federal Reserve (FED) tightens, and the shadow of war looms over Europe. дальше »

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Why The Crypto Market Bloomed After FED Decision

Bitcoin and the crypto market trend to the upside on Wednesday. The Federal Reserve (FED) announced a raise rates by 25 basis points. The FED Chair Powell said at the news conference; We are attentive to the risks of further upward pressure on inflation and inflation expectations. дальше »

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Bitcoin rises to over $40k as Feds increase rate

The Federal Reserve has issued a public statement announcing a hike in interest rate after the FOMC meeting. The post Bitcoin rises to over $40k as Feds increase rate appeared first on CryptoSlate. дальше »

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BREAKING: Bitcoin Unfazed as Fed Hikes Interest Rates for the First Time Since 2018

The Federal Reserve has raised interested rates for the first time in years дальше »

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NY Fed Staffer Jumps Into DeFi as Euler COO

A permissionless lending protocol has brought on a former Federal Reserve employee in a key position. дальше »

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Hashdex to launch Web3 and smart contracts ETF on Brazil's stock exchange B3

The new ETF's reserve period started on Monday and runs until March 25, 2022, according to the announcement.

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Bitcoin: Gold 2.0? Try Reserve Asset 3.0

The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system. дальше »

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Bitcoin Outflows Spike As 30k BTC Exits Exchanges, Reserve Plunges Down

Bitcoin outflows have shown a spike amounting to 30k BTC today, leading to a plunge in the all exchanges reserve. Bitcoin Netflow Shows Deep Negative Spike As 30k BTC Exits Exchanges As pointed out by an analyst in a CryptoQuant post, the BTC exchange netflow showed a large negative spike earlier today. дальше »

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Federal Reserve works with China’s blockchain ally for instant payments

Cypherium is the only blockchain company featured in the FedNow Service Provider Showcase for now, the CEO told Cointelegraph.

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Bitcoin Exchange Reserve Has Now Reached An Equilibrium After 2 Years Of Downtrend

On-chain data shows the percentage of Bitcoin supply on exchanges seems to have plateaued over the past few months, ending an overall downtrend that lasted about two years. Bitcoin Exchange Reserve Starts Moving Sideways As Inflow And Outflows Attain Equilibrium As per the latest weekly report from Glassnode, the percentage of the total BTC supply on exchanges looks to have ended its decline recently and is now moving sideways. дальше »

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Data: Bitcoin Miners Are Quietly Accumulating While The Market Bleeds

On-chain data suggests Bitcoin miners have been quietly accumulating while the rest of the market has been bleeding. Bitcoin Miner Reserve Continues To Stay At High Values Despite Struggling Price As explained by an analyst in a CryptoQuant post, BTC miners seem to have continued to accumulate while the price has declined in the past few weeks. дальше »

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US Jobs Up 678K in February, More Than Expected, Adding to Price Pressures

Bitcoin traders were monitoring the report since the Federal Reserve's efforts to slow inflation appear to be putting downward pressure on the cryptocurrency's prices. дальше »

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US Federal Reserve says Russia sanctions highlight need for crypto regulations

The chairman of the US Federal Reserve, Jerome Powell, has called for a comprehensive regulatory framework for digital assets amid the conflict between Russia and Ukraine. Powell’s remarks are similar to those of Christine Lagarde, the president of the European Central Bank. дальше »

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