2022-4-23 12:09 |
Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300.
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The post The unlikely reality of Bitcoin as a reserve currency appeared first on CryptoSlate.
2024-8-26 16:00 | |
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Recent efforts from Zimbabwe’s reserve bank to bolster its local currency signal the return of rampant inflation and the need for Bitcoin.
2023-7-12 15:00 | |
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Malaysia has become latest country to refute plans to make Bitcoin an official currency
2022-3-25 17:15 | |
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A crypto-focused survey compiled by Currency dot com revealed that the general sentiment on Bitcoin and other digital assets is primarily bullish. The post Currency.com says 20% of users expect Bitcoin above $100k by 2022 appeared first on CryptoSlate.
2021-4-13 01:00 | |
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FinTech giant Square sent shockwaves through the online trading community with the announcement that… The post Bitcoin could become the internet’s ‘native currency’ appeared first on Coin Journal.
2021-3-9 13:08 | |
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Bitcoin as both a medium of exchange and a currency is at a unique position in its existence. It reached a new all-time price high of almost $60,000 in February 2021 and saw its largest-ever wave of institutional support in late 2020.
2021-3-2 23:30 | |
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Trading legend Peter Brandt is asking you whether Bitcoin can become a globally recognized currency unit
2020-8-27 09:20 | |
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Many Venezuelans have been buying up Bitcoin in ever-increasing numbers to hedge against currency devaluation. An Unparalleled Currency Crisis Venezuela was once one of the wealthiest countries in Latin America, with the highest standard of living on the entire continent.
2020-1-27 23:30 | |
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Bitcoin is one of the first cryptocurrencies being used for making fast transactions by cash, check, wiring, and buying or selling of goods and services. Many people worldwide, for instance, have considered using Bitcoins as an alternative for fiat currency.
2019-7-31 11:32 | |
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Ever since the #DropGold campaign by Barry Silbert, the debate between gold enthusiasts and Bitcoin proponents has risen to a new level. CNBC guests, Jim Iuorio and Anthony Grisanti, went head-to-head during a discussion about the same.
2019-6-5 11:00 | |
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Currency. com, a blockchain-based platform that claims to be the world’s first regulated tokenized securities exchange, announced the launch of the crypto version of the Belarusian government bonds and interested investors can now purchase the financial instrument with bitcoin (BTC), ether (ETH) and the fiat standard, according to Fintech Finance report on May 7, 2019.
2019-5-10 11:00 | |
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By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.
2019-5-1 03:00 | |
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On January 9, Bitcoin dropped $250 in thirty minutes, taking everyone by surprise. The currency traded around $3,800 for a day, but even this couldn’t hold. Earlier today, Bitcoin lost another $160 to trade just above $3,650.
2019-1-11 20:45 | |
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At press time, the father of crypto has shot back up to $6,300 after falling to its lowest point in weeks. Recently, bitcoin was traversing the $6,200 range after sitting at $6,400 for some time.
2018-11-2 20:32 | |
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At press time, the father of cryptocurrency has dropped below the $6,500 mark and is now trading for $6,471. This means the currency has now lost approximately 54 percent of its value since the beginning of the year, and market players – particularly bitcoin-based hedge funds – are really starting to feel the heat.
2018-10-4 21:19 | |
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Financial analyst firm, Weiss, has rated bitcoin as a ‘failed currency’ based on the current trend of BTC losing favor as a currency in real life. Despite the negative rating, it forecasts crypto assets to be great addition to investors’ stock portfolio.
2018-8-25 20:19 | |
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The debate over the legitimacy of Bitcoin as a currency has persisted since the beginning of the creation of the coin. When the mysterious Satoshi Nakamoto rolled out the Bitcoin blockchain years ago, skeptics almost immediately began to argue that the currency would quickly peter out, losing value as quickly as it had gained notoriety. […]
2018-8-10 11:18 | |
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This is not a big deal, however, and granted bitcoin can stay above the $ 7,000 line, enthusiasts and traders likely have nothing to worry about. [embedded content] Indeed, the currency has come a long way over the past few weeks.
2018-7-22 08:48 | |
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Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency. On Tuesday, Mastercard won a patent to protect a method that would manage “fractional reserves of blockchain currency.
2018-7-18 20:13 | |
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The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume.
2018-7-10 16:00 | |
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The value everybody wants for Bitcoin is $20,000. 00. This exists as a benchmark for Bitcoin’s ‘normal value’ by this, I am suggesting that $20,000. 00 is by no means a ceiling for Bitcoin, however it does mark a standard and healthy value for the currency.
2018-7-10 11:30 | |
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The trade war continues to escalate, already inflicting pain and creating uncertainty. However, this crisis brings out Bitcoin’s various virtues —such as being inflation-resistant and its formidability as a hedge currency.
2018-7-10 02:00 | |
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Imperial College London recently released a research paper that points to the imminent adoption of Bitcoin and other cryptocurrencies in mainstream finance. The report’s authors believe that Bitcoin already exhibits the core properties of money, and thus could become the de facto currency for global commerce within the next decade.
2018-7-10 00:33 | |
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Cryptocurrencies like Bitcoin are the “next natural step” for the global economy, according to academics from the Imperial College London in a study commissioned by cryptocurrency exchange eToro.
2018-7-9 21:15 | |
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At press time, the father of cryptocurrencies is holding its ground at $6,700, a price it managed to reach during yesterday’s early morning hours. After much speculation about whether bitcoin would be able to jump past $6,600, resistance was finally broken, and many analysts are wondering when bitcoin will strike $7,000. According to one source, […]
2018-7-9 20:31 | |
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The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total. According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen. Though at its peak, more than 90
2018-7-9 20:13 | |
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The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world's total. The post Bitcoin Trading in the Chinese Currency Falls to Less than 1 Percent of the World’s Total appeared first on CoinSpeaker.
2018-7-9 16:25 | |
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A report by Chinese state media says that the central bank of China reports a drastic downturn in trading between the RMB and Bitcoin.
2018-7-9 15:48 | |
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It appears bearish momentum is taking hold of the cryptocurrency markets again. After a successful weekend, prices have come down quite a bit once again. Altcoins are feeling the pressure, whereas Bitcoin is still somewhat stable.
2018-7-9 15:40 | |
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The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry.
2018-7-9 06:15 | |
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At press time, the father of digital currency has leapt to the $ 6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $ 6,700? At the same time, it appears bitcoin isn’t entirely out of the dark just yet. However, the source quoted in that
2018-7-9 01:04 | |
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Bitcoin is the most famous virtual currency in the market and the flagship of the crypto ecosystem. But since it appeared ten years ago, it has suffered different changes, modifications, proposals, attacks and more.
2018-7-9 23:48 | |
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Hyperbitcoinization is a term that was first coined in 2014 by Daniel Krawisz in a Satoshi Nakamoto Institute article. The term, somewhat overblown, refers to a state where bitcoin takes off and effectively replaces legacy currencies.
2018-7-8 22:51 | |
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It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 could easily be in bitcoin’s […]
2018-7-8 22:39 | |
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Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms.
2018-7-9 22:15 | |
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Bitcoin continues to trade near yearly lows and many investors are taking comfort in the popular saying, ‘The bigger the base, the higher the space. ’ but has the digital currency actually found a bottom yet? Daily Chart This week BTC struggled to break above the descending triangle bottom and so far has traded in a tightening $400 range.
2018-7-8 15:00 | |
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At least one theorist believes the above will happen, and further postulates one hundred million dollars per bitcoin could be in the works as early as 2030. “Bitcoin-induced currency demonetization, or hyperbitcoinization” is what would occur should “any hapless currency” stand “in bitcoin’s path of total world domination. The current store of value talk and
2018-7-8 06:40 | |
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The ultimate success of bitcoin, hyperbitcoinization, contains the possibility of a purposeful and bright future. Inevitable mass adoption will lead to a globally dominant currency. Pushing all other competitors out means, ultimately, mooning prices.
2018-7-8 04:25 | |
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On 5th July, Western Union Company, an American Financial Services and Communication company filed a new patent with the US Patent and Trademark Office. The patent aims at ‘receiving and handling secure transfers’ in the electronic transfer network space which includes the transfer of cryptocurrency or digital currency from one device to another from different […]
2018-7-7 22:59 | |
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Bitcoin is having a wild ride in 2018. The digital currency began the year on high note. Bitcoin prices nearly reached $20,000 in December 2017 as investors poured into cryptocurrencies. By June, bitcoin prices were under $6,000.
2018-7-7 00:59 | |
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Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API.
2018-7-7 23:19 | |
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At press time, the father of cryptocurrency is back up to $6,600, where it has been on-and-off for the past few days. Since last weekend, bitcoin managed to stay within the mid $6,000 range, though small hikes and falls have occurred within that time.
2018-7-7 22:07 | |
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HBUS, a virtual currency marketplace and the U. S. strategic partner of Huobi, has begun accepting new registration from U. S. residents, starting today July 6, 2018. American customers will be able to deposit cryptocurrencies such as bitcoin and ether on its platform.
2018-7-6 20:36 | |
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“No Postage Necessary” is allegedly the first ever movie to be released on blockchain technology. Spectators who wish to purchase the film can do so, but with the crypto giant, Bitcoin, as opposed to traditional currency.
2018-7-6 19:43 | |
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HBUS, a virtual currency marketplace and the U. S. strategic partner of Huobi, has begun accepting new registration from U. S. residents, starting today July 6, 2018.
2018-7-6 18:59 | |
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Two economic heavyweights Peter Schiff and Erik Voorhees debated each other this week on the topic of whether Bitcoin could replace fiat currency in the future. Soho Forum hosted the debate in Manhattan New York and recordings have been placed on YouTube for all to watch.
2018-7-6 18:19 | |
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One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA).
2018-7-6 17:27 | |
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In a recent hearing, the Supreme Court of India refused to grant a stay on a banking ban for cryptocurrency entities dictated by the Reserve Bank of India (RBI). The RBI ban will come into effect on July 5th.
2018-7-6 15:59 | |
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The Bitcoin Cash community can now use their BCH to take part in ICOs and Private Sales on QUOINE’s ICO platform. The global fintech company already allows token sale participants to use BTC, ETH and QASH.
2018-7-6 12:30 | |
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The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats.
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option.