2024-11-1 22:42 |
Tethers USDT hits record $120B in circulation as it grows Bitcoin and gold reserves. The post Tether increases Bitcoin and gold reserves in latest Q3 report appeared first on Crypto Briefing. origin »
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The Missouri Senate has introduced a bill to prohibit central bank digital currencies as legal tender while encouraging the state to hold more of its reserves in gold and silver. Known as SB 194, the legislation was filed on December…
2024-12-4 17:48 | |
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New research from a digital asset management firm estimates the amount of BTC governments have to accumulate if Bitcoin were to replace the current gold reserves. ‘Governments Have Some Accumulating to Do’ Digital asset management firm Blocktown Capital has estimated the amount of BTC governments would have to accumulate if Bitcoin were to replace the current gold reserves.
2019-4-9 22:00 | |
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The Dow Jones Industrial Average is within touching distance of an all-time high after climbing 13 percent alone in 2019. It marks one of the best first quarters on record for the Dow, but traders should be cautious as several warning lights flash red.
2019-4-8 14:27 | |
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Bitcoin has long been nicknamed “digital gold,” referencing its value as an asset. However, the use of precious metals is something that Paxos has taken to heart as something it can offer. Having already launched a stablecoin several months ago, which is tied to cash reserves, CEO Chad Cascarilla confirmed to Fortune that a digital […]
2019-3-12 18:05 | |
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Large corporations have always been “the most glamorous side” of the gold mining industry, equipped with machinery capable of emptying reserves at a frenetic pace while spending exorbitant budgets.
2019-3-2 21:37 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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Iran’s plans to launch a national cryptocurrency continue to move forward. Just a few weeks after lifting the ban on bitcoin and other digital currencies, the country announced the launch of PayMon, a local digital currency that is backed by national gold reserves.
2019-2-19 01:57 | |
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Last month, Iran lifted its ban on Bitcoin to make way for its ‘crypto rial’. Now Iranian authorities have launched PayMon cryptocurrency supposedly backed by national gold reserves. Except, it’s not really cryptocurrency after all since there’s nothing peer-to-peer about it and you still need to trust an intermediary (i.
2019-2-15 01:00 | |
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Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.
2019-2-8 17:22 | |
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On Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product, dubbed the Blockchain Distribution Network version one.
2019-1-11 07:00 | |
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Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies.
2019-1-11 01:00 | |
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The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced.
2019-1-10 21:00 | |
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At the Israel Bitcoin Summit at Tel Aviv University on Jan. 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will rise in countries sanctioned from trade and economies suffering from failed monetary planning.
2019-1-10 07:20 | |
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A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U. S. sanctions, a move that could happen “in a matter of weeks.
2019-1-8 20:00 | |
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Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.
2018-12-1 22:18 | |
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Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.
2018-11-17 01:42 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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The London Bullion Market Association (LBMA) is to create a set of standards for blockchain-based gold tracking, as well as an oversight committee to approve and monitor technology providers. Ethical sourcing is becoming critical in such a high-value sector as precious metals.
2018-10-21 08:00 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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Tethers Q4 2024 report confirms $13B profits, $113B in US Treasuries, and a $7B surplus, showcasing stablecoin growth in crypto markets. The post Tether hits record $13B profits in 2024, reinforcing stablecoin dominance appeared first on Crypto Briefing.
Sui launches on Phantom Wallet, the only Move-based blockchain on the platform, with TVL at $1.64 billion and growing. The post Sui launches on Phantom Wallet, expanding access to 15 million users appeared first on Crypto Briefing.
Musks DOGE team explores Movement Blockchain as part of its strategy to leverage blockchain for government transparency and efficiency. The post Elon Musk’s DOGE team in discussions with Movement as part of its blockchain strategy appeared first on Crypto Briefing.
Solana DEX dominance rises to 50% market share fueled by retail adoption, low costs, and innovative trading solutions. The post Solana dominates DEX activity with 50% market share driven by retail adoption appeared first on Crypto Briefing.
Sun's proposal could reshape Ethereum's financial strategy, potentially boosting investor confidence and driving significant market shifts. The post Justin Sun proposes plan to drive Ethereum to $10,000 appeared first on Crypto Briefing.
The launch of EDU Chain on Arbitrum could significantly enhance educational transparency and data ownership, fostering innovation in edtech. The post Open Campus’ EDU Chain goes live on Arbitrum, aiming to revolutionize education with blockchain appeared first on Crypto Briefing.
VanEck's ETF proposal could accelerate mainstream adoption of digital assets, influencing financial markets and regulatory landscapes. The post VanEck files for new ETF investing heavily in crypto ETPs and digital transformation firms appeared first on Crypto Briefing.