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China Pays $ 6.2 Million in Beijing Lottery for CBDC Trial
Beijing will give out 200,000 red envelopes worth 200 yuan to lucky applicants in a lottery to be launched in June. Fintech expert Su Xiaorui said that the giveaway is a trial to ensure the pilot work for digital renminbi has been done in an organized and market-oriented manner. дальше »
2021-6-3 23:00 | |
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Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems
Russia’s Central Bank Chief Elvira Nabiullina said her country's decision to create a central bank digital currencies (CBDC) is due to its perceived benefits. Digital Ruble Prototype Would Be Launched This Year Speaking in a CNBC interview, the apex bank governor said Russia aims to roll out its Digital Ruble prototype by the end of […] The post Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems first appeared on BitcoinExchangeGuide. дальше »
2021-6-3 20:36 | |
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Bitcoin is An Alternative to Copper As A ‘Risk-On’ Inflation Hedge Instead of ‘Risk-Off’ Gold: Goldman Sachs Analyst
Instead of gold, cryptocurrencies are an alternative to copper as a hedge against inflation, said Jeff Currie, global head of commodities research at Goldman Sachs. Bitcoin has been deemed as a hedge against the rising prices, giving competition to the traditional safe-haven asset precious metal. дальше »
2021-6-3 19:51 | |
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Lifelong Technician, Fidelity Director Breaks Down The Bitcoin Correction
Bitcoin price is trading at below $40,000, down more than 40% from recent highs but above the low of around $30,000 per coin. The market is a state of confusion, wondering if the correction is over or if another leg down is necessary before it is all said and done. дальше »
2021-6-3 19:25 | |
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Metaplex NFT marketplace launches on Solana
“NFTs present a real opportunity for artists to create and derive more value than ever before, and we saw an opportunity to solve the existing challenges and barriers to entry that many are currently facing with Metaplex,” said Raj Gokal, chief operating officer of Solana Labs. дальше »
2021-6-3 19:07 | |
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Crypto bets via Bitcoin, Ethereum, XRP are fueling illegal gambling in Asia
The acceptance of top cryptocurrencies like Bitcoin, Ethereum, and XRP on gambling sites are part of the reason why illegal online gambling is rising in Asia, a report from the Asian Racing Federation (ARF) said earlier this week. дальше »
2021-6-3 10:08 | |
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Take a Page from Buffett’s Playbook with Bitcoin Options from Hedget
Warren Buffett said in one of his famous quotes, “Be fearful when others are greedy, and greedy when others are fearful”. Sometimes, we may get too cautious of our investments that we end up not taking the actions that could potentially transform our lives. дальше »
2021-6-2 05:51 | |
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Bitcoin Will Face Tougher Regulation as Popularity Grows, Says Sweden’s Central Banker
The Swedish central bank’s governor says bitcoin will face tougher regulation given its sheer popularity that continues to grow. “When something gets big enough, things like consumer interests and money laundering come into play,” said Stefan Ingves, Governor of the Riksbank. дальше »
2021-6-2 03:00 | |
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“I’m A Big Believer In Crypto,” Tom Brady Says In Recent Interview
Tom Brady, a seven-time Super Bowl champion, said he’s a “strong believer” in cryptocurrencies and confirmed that he’s bought them. Tom Brady In It For A Long Time Despite the recent status of the crypto space, the star quarterback, formerly of the New England Patriots, stated in a recent interview that he was looking at […] дальше »
2021-6-2 01:57 | |
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Riksbank Governor Believes Crypto Regulation is Certain, But Exchanges & Trading Is Already Regulated
Cryptocurrencies like Bitcoin won't evade regulation, according to Sveriges Riksbank (Sweden's apex bank) boss Stefan Ingves. Crypto Regulation Coming Soon Sweden’s central bank governor Stefan Ingves said that Bitcoin’s popularity had caught the attention of regulators worldwide, Bloomberg reports. дальше »
2021-6-2 22:32 | |
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Bitcoin Stock-to-Flow Model Still Intact — ‘Starting to look like 2013’ S2F Creator Says
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013. дальше »
2021-6-2 22:30 | |
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Argentinians turn to Bitcoin mining to support livelihood amidst failing economy
In the heart of an economic crisis, ultra-low utility costs are enabling Argentinians to bank on mining Bitcoin (BTC) as foreign miners head for their piece of the electricity cake, local reports said. дальше »
2021-6-2 22:00 | |
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Dogecoin Creator Says Crypto Price is 99.9% Driven By Greater Fools
The Co-Founder of Dogecoin, Billy Markus, said crypto prices are mainly driven by fools selling to even greater fools. “I agree with the greater fool theory driving most of crypto prices, but I’m honestly wondering what percent you think any crypto is purchased from utility vs greater fool theory From my viewpoint it’s about 99.99% […] дальше »
2021-6-2 15:00 | |
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Crypto unlikely to escape regulation, says world’s oldest central bank Riksbank
Regulatory oversight would soon creep into the burgeoning crypto sector even as they currently continue to largely operate in a legal gray area, said the governor of Riksbank, Sweden’s central bank, on Monday. дальше »
2021-6-2 11:43 | |
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Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange
DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive. дальше »
2021-6-1 10:30 | |
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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’
U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »
2021-6-1 05:00 | |
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Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’
Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern. ” The bank’s official also addressed crypto investors saying “crypto-assets are quite a speculative, unregulated investment,” warning them to be “really aware they could lose the whole of that investment. дальше »
2021-6-1 22:00 | |
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Top Ethereum Decentralized Exchange Aggregator, 0x, Launches On Polygon
0x, an Ethereum-based open protocol has found a home on the Polygon blockchain with a view to scaling its DEX services. The announcement was made this Monday, with the DeFi project having revealed its API for DEX liquidity has launched on said blockchain and will make it so that “the full spectrum of on-chain liquidity […] дальше »
2021-6-1 20:18 | |
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Cardano Boss Says Good Riddance To Dying Banking System
Cardano Founder Charles Hoskinson shared his damning thoughts on the legacy financial system, concluding that cryptocurrency will take over because it offers a better way. The Banking System Brought This On Itself Much is said about the enmity between cryptocurrency and banking. дальше »
2021-6-1 15:00 | |
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OCC head requests greater collaboration of regulatory bodies
Michael Hsu, the Acting Comptroller of the Currency, recently said that the US regulatory agencies have to collaborate more in order to regulate the cryptocurrency industry. Essentially, the Comptroller requested that regulatory bodies create a ‘regulatory perimeter’ for cryptos and digital assets. дальше »
2021-5-31 14:13 | |
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US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors
U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […] дальше »
2021-5-30 19:00 | |
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Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’
During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically leads to a financial crisis. дальше »
2021-5-30 09:30 | |
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Billionaire Stan Druckenmiller on Dogecoin, Ethereum: Won’t Long or Short DOGE, Skeptical of ETH
Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin and laughs when the meme cryptocurrency rises in value. As for ether, he is skeptical whether it can hold its position. дальше »
2021-5-30 06:30 | |
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JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency
JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. дальше »
2021-5-30 04:30 | |
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Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin
On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin. дальше »
2021-5-30 22:30 | |
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Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. дальше »
2021-5-29 00:00 | |
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Dubai Authorities Warn Against Fake Digital Currency Dubai Coin
Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority. Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and usingRead More дальше »
2021-5-29 20:00 | |
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Crypto.com vows to go ‘Carbon Negative’ in next 18 months
Crypto services platform Crypto dot com is all set to go ‘Carbon Negative’ in the next 18 months, it said in a blog post earlier today. The post Crypto.com vows to go ‘Carbon Negative’ in next 18 months appeared first on CryptoSlate. дальше »
2021-5-28 16:25 | |
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Australian tax office: Report crypto profits or else
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation.
дальше »2021-5-28 16:06 | |
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As The Market Struggles To Recover, Here Are 5 Cryptocurrencies Redditors Are Buying
Investor concerns about volatile technology stocks have been heightened by the wild collapse in cryptocurrency prices over the last week. Market analysts such as Cathie Wood, whose business, Ark Investment Management, is said to have the largest institutional investment in cryptocurrencies, have dismissed the recent drop in value of digital assets as a temporary setback, […] дальше »
2021-5-28 15:26 | |
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ERC20 versions of Bitcoin, Dogecoin, and others get a ‘bridge’ to Polygon
The Ethereum-based versions of Bitcoin, Dogecoin, Filecoin, and others can now be used on Polygon (formerly Matic Network) as a result of the new Polygon x RenVM Bridge support, the latter said in a post on Thursday. дальше »
2021-5-28 14:57 | |
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'Bitcoin will be able to rally towards the $44,000 region' IF it meets these criteria
More than enough has already been said and written about the latest market depression in the cryptocurrency sector. Now, the main trending question that has surfaced over the past couple of days is thThe post 'Bitcoin will be able to rally towards the $44,000 region' IF it meets these criteria appeared first on AMBCrypto. дальше »
2021-5-28 13:30 | |
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Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.
дальше »2021-5-28 12:02 | |
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Leveraged Crypto Trading is a Threat to Financial System, Warns Bank of Korea
Earlier this week, head of South Korea’s central bank Lee Ju-yeol warned that leveraged crypto trading was a threat to the country’s financial system. “An excessive level of leveraged cryptocurrency trading puts households at risk of financial damages considering the instability of [crypto],” he said. дальше »
2021-5-28 11:41 | |
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LINK, AAVE, and Uniswap now added to the Wirex payments platform
Digital payments platform Wirex has listed 5 new cryptocurrencies from top DeFi players on its platform. These include AAVE, YFI, UNI, MKR, and LINK. The platform also said the tokens will be available for purchase without transaction fees for a limited time. дальше »
2021-5-28 09:49 | |
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Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment
Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1. дальше »
2021-5-28 05:00 | |
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Ripple (XRP) likely to go public after its legal battle with SEC is over, CEO confirms
The likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its legal battle with the United States Securities and Exchange Commission (SEC) is resolved, said the firm’s CEO Brad Garlinghouse. дальше »
2021-5-28 01:00 | |
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Ethereum Layer 2 Solution Polygon Launches SDK to Transform Ethereum Into An Internet of Blockchains
Popular Ethereum layer two scaling solution Polygon has added another milestone to its cap. Polygon said its SDK stack is now available for use on the Ethereum network in a Medium post. Polygon SDK Is Live This will see developers build Ethereum-compatible blockchains easily and seamlessly. дальше »
2021-5-27 17:35 | |
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Ripple will go public? CEO says 'very soon' but...
Ripple's plans of following Coinbase's footsteps may have been hindered by an obstacle but didn't deter it. The said hindrance was caused by the ongoing XRP SEC lawsuit. Well, apart from the obvious eThe post Ripple will go public? CEO says 'very soon' but... appeared first on AMBCrypto. дальше »
2021-5-27 17:30 | |
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US SEC wants to work with Congress to regulate crypto exchanges
SEC head Gary Gensler said that the authority spends only $325 million per year on tech, which is less than some industry players spend in two weeks. дальше »
2021-5-28 16:30 | |
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Legendary billionaire who called crypto ‘ridiculous’ now wants to invest $1.5 billion in the market
Billionaire investor and founder of Icahn Enterprises L. P. , Carl Icahn, said in a Bloomberg interview that he is considering putting up to $1. 5 billion into various cryptocurrencies. The post Legendary billionaire who called crypto ‘ridiculous’ now wants to invest $1. дальше »
2021-5-27 16:00 | |
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Uniswap Community in Full Agreement to Deploy V3 on Ethereum Layer 2 Solution Arbitrum
“Deploy Uniswap v3 on Arbitrum” gains overwhelming (100%) support, and creator Hayden Adams said they have already begun planning the deployment while remaining “incredibly excited” for Optimism as well. дальше »
2021-5-27 15:38 | |
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Garlinghouse Laughs Off Rumors He Was Behind The Bitcoin Energy FUD
Brad Garlinghouse weighs in on the Bitcoin energy debate by saying Ripple is a more energy-efficient alternative to the leading cryptocurrency. Speaking to CNBC, Garlinghouse said Elon Musk’s U-turn on Bitcoin was appropriate. дальше »
2021-5-27 15:00 | |
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Lack of knowledge is main barrier to crypto adoption, new survey says
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies.
дальше »2021-5-28 14:38 | |
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Hong Kong Goes Full Ham On Unlicensed Bitcoin Trading Platforms
In what seems like a further crackdown on freedoms in Hong Kong, the Securities and Futures Commission (SFC) said Bitcoin exchanges operating in the territory should be subject to licensing. The SFC proposal seeks to enforce the ruling by levying heavy fines and tough prison sentences on non-compliant persons. дальше »
2021-5-27 03:00 | |
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