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Citigroup: Bitcoin Is at a Tipping Point, Could Become Preferred Currency for International Trade
Citigroup says bitcoin is at a tipping point and the cryptocurrency could become “the currency of choice for international trade. ” The firm wrote in a report that “we could be at the start of massive transformation of cryptocurrency into the mainstream. дальше »
2021-3-4 21:30 | |
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Citi researchers say BTC might become an international trade currency
Researchers at Citi, a leading US bank believe that Bitcoin (BTC) could soon evolve into an international trade currency, enhancing global trade in the process. The researchers aired these sentiments through a new report entitled Bitcoin: At the Tipping Point. дальше »
2021-3-3 11:35 | |
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Bitcoin Could Become the Currency of International Trade, Says Citi Report
Bitcoin (BTC) is at a turning point in its history, according to analysts from US investment bank Citi. The bank estimates that the leading cryptocurrency could become the currency of choice for international trade within 7 years. дальше »
2021-3-2 00:00 | |
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Citi Analysts: Bitcoin could either face “speculative implosion” or become a top currency for international trade
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. дальше »
2021-3-2 23:30 | |
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Here’s why Bitcoin could become the currency of choice for international trade
Could people (who are still unconvinced) change their perspective about Bitcoin? A host of companies now look to the asset for its properties to hedge inflation, a fact that recently established BitcoThe post Here’s why Bitcoin could become the currency of choice for international trade appeared first on AMBCrypto. дальше »
2021-3-2 23:00 | |
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Is This the Moment of Truth for BTC?
According to the report, the flagship cryptocurrency, BTC, could become the preferred medium for international trade or face a “speculative implosion. ” In the last decade, bitcoin has predominantly been championed by retail investors. дальше »
2021-3-2 17:41 | |
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Covid Passports are Here, and They’re on the Blockchain
Blockchain Leading the Way In December 2020, the International Air Transport Association (IATA) let the world know how to screen patients without invading their privacy. IATA said it would release a digital health credentialing platform that could open international travel without quarantines. дальше »
2021-1-26 19:05 | |
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A new patent could bring Bitcoin (BTC) to slot machines
The world’s largest slot machine maker, International Game Technology Plc. , might start using crypto as a payment option for a number of casino games. The company just received a patent yesterday, January 5th, for a way to transfer crypto between the players’ accounts with the gaming establishment, and their external crypto account. дальше »
2021-1-6 15:05 | |
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Russia Says Digital Currencies Could Overtake SWIFT
International Currencies The Russian state news outlet RT reported that the Central Bank of Russia says digital currencies will challenge current international banking systems. There are more than 30 central banks or other regulators that are researching Central Bank Digital Currencies (CBDCs). дальше »
2020-12-26 20:29 | |
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BIS Annual Report Reveals Increased Activity in CBDC; Emphasis on Policy Not Competition
The Bank for International Settlements (BIS) Annual Economic report has revealed that Central Bank Digital Currencies (CBDC) are gaining popularity and could play an essential role in the digital innovation era. дальше »
2020-6-25 18:16 | |
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Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4. дальше »
2020-6-20 00:45 | |
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China May Use CBDC in International Transactions: NEO Chief
China may be making plans to include its central bank digital currency (CBDC) in international transactions. That’s the rub according to NEO blockchain CEO Da Hongfei who Tweeted on Wednesday: “Da Hongfei, founder of blockchain platform Neo, says the central bank could split part of the digital currency for use outside of China, much as […] The post China May Use CBDC in International Transactions: NEO Chief appeared first on BeInCrypto. дальше »
2020-6-4 19:38 | |
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IMF Predicts Banks Will Suffer Losses Over the Next 5 Years
The current struggles in the banking sector may last until 2025 according to the International Monetary Fund (IMF). According to an IMF report published on Friday, banks could continue to see red through 2025. дальше »
2020-5-23 17:20 | |
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IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. дальше »
2020-4-19 21:05 | |
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Tesla, SIPG, Cosco Trial Blockchain Technology to Streamline Cargo Shipment
According to April 7, 2020, report by Splash 247, software firm CargoSmart, in partnership with Cosco, Shanghai International Port Group (SIPG), and Tesla recently conducted a pilot project to test a new application that could transform the cargo release process via blockchain technology. дальше »
2020-4-8 19:00 | |
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BIS Report: COVID-19 Pandemic Could Spur CBDC and Digital Payments Adoption
In a report issued on April 3, 2020, the Bank of International Settlements (BIS) opined that it could soon ramp up its operations to make way for central bank digital currencies (CBDC) and digital payments amid the COVID-19 pandemic. дальше »
2020-4-5 13:00 | |
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Leading French Bank, BNP Paribas, is Blocking Transfers to Coinbase Crypto Exchange
International French banking giant, BNP Paribas, is allegedly blocking funds transferred to Coinbase crypto exchange. According to one of the bank’s clients, this action began just recently given they could use BNP Paribas as an intermediary at the beginning of March. дальше »
2020-3-12 18:50 | |
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Showtime For XRP: BIS Exec Calls Cross-Border Payments a ‘Top Priority’
XRP could be on the brink of mainstream adoption as Benoit Coeure, appointed Chief of the Bank of International Settlements, lists cross-border payment solutions as a ‘top urgent priority’ in the current financial world. дальше »
2020-1-23 16:00 | |
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FSC Subcommittee Looks Into Cryptocurrencies Roll In Funding Extremism And Terrorism
US government is concerned with the involvement of Social media and Cryptocurrency in funneling of funds into domestic terror groups activities. In a hearing held by the FSC Subcommittee on National security on Jan 15th 2020, International development and monetary policy featured 5 witnesses from various departments to address how US based monetary institutions could […] дальше »
2020-1-16 18:53 | |
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Leaked documents: UN warns against participation in cryptoconference in North Korea
The United Nations warns blockchain specialists not to attend a cryptocurrency conference in North Korea in February. Participation in such events could be evaluated as a violation of international sanctions against North Korea. дальше »
2020-1-21 23:50 | |
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IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. дальше »
2020-1-15 12:13 | |
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Here’s Why Trump Threatening Iraq of Losing Their Oil Reserves is Bullish for Bitcoin
Iraq could lose access to its critical government bank account if they kick out American forces, warns Trump administration according to Iraqi officials. The reports came after US airstrike killed a top Iranian general, Qassem Soleimani at Baghdad International Airport. дальше »
2020-1-12 18:40 | |
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Bitcoin Could Rescue Developing Countries Facing Massive Debt Burdens
Global debt has reached unprecedented levels this year. The International Monetary Fund (IMF) has reported that debt has surged to $88 trillion—230 percent of global GDP. The news is harrowing, given previous large-scale debt cycles. дальше »
2019-12-22 13:43 | |
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Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity
Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […] дальше »
2019-12-8 23:25 | |
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Chinese are Not Buying Bitcoin: Peter Schiff
The Chinese investors do not think of bitcoin as a safe-haven asset, and they are not buying it, believes Peter Schiff of Euro Pacific Capital. The statement appeared amidst international media coverages about bitcoin’s price rise against a gloomy macroeconomic outlook. дальше »
2019-8-6 17:00 | |
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US Govt Sees Libra as a Bigger Threat than Bitcoin: Messari CEO
Facebook is on the wrong end of a political cycle which could weaken the standing of its cryptocurrency project Libra, believes Ryan Selkis of Messari. The CEO said Libra is a “bonafide threat” to the US dollar because Facebook wonders about structuring the greenback with a basket of international currencies. дальше »
2019-7-14 16:00 | |
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Boost For Bitcoin Incoming As Fidelity Explores Blockchain And Trading Desk Nears
Fidelity International, a subsidiary of Fidelity Investments, is edging closer to entering the crypto space in what could be a major boost for bitcoin. Fidelity Investments has already set up a custody operation called Fidelity. дальше »
2019-7-9 18:59 | |
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Coins Will Become Gold on the Gold Independence Day
July 05, 2019 — Karatbars International GmbH hosted the Gold Independence Day on July 04 2019. Holders had a chance to exchange their KaratGold Coins (KBC) for real gold, which they could easily receive in the form of CashGold, a physical bill with tiny bars of gold built into it (just like Dollars or […] The post Coins Will Become Gold on the Gold Independence Day appeared first on CCN Markets дальше »
2019-7-6 13:53 | |
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IMF Says Central Bank-Backed Crypto ‘Could Become Reality’
In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. дальше »
2019-6-30 21:00 | |
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BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
The Bank of International Settlements warns that financial services offered by big techs such as Facebook, Google and Amazon could create new risks for the banking sector
дальше »2019-6-25 10:05 | |
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‘Bitcoin Inventor’ Craig Wright Basks in Satoshi Glow as Court Date Looms
By CCN Markets: Self-proclaimed bitcoin inventor Craig Wright had his fondest wish come true when the capital city of Colombia formally recognized him as Satoshi Nakamoto. Bogota Grants Craig Wright’s ‘Satoshi’ Wish Officials in Bogota presented Wright with a fancy certificate affirming him as the creator of bitcoin. дальше »
2019-6-24 21:45 | |
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Ripple Effect: MoneyGram Stock Continues to Soar, When Will XRP Price Follow?
It wasn’t just Facebook making one of the biggest announcements and steps towards mainstream adoption in the crypto space this week. Ripple also announced a strategic partnership with international money transmission service MoneyGram that would see the company use its XRP crypto token and could possibly drive up XRP price. дальше »
2019-6-20 04:01 | |
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Could Growing Global Distrust be a Boon For Bitcoin (BTC)?
More nations appear to be starting to see the folly of fiat currency. With growing calls for gold-backed currencies for international settlement, there may be an opportunity for Bitcoin to facilitate trade deals with far less manipulation than possible when using national currencies. дальше »
2019-6-12 00:00 | |
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Christine Lagarde of International Monetary Fund Touches on Potential of Crypto, FinTech and Blockchain
Christine Lagarde the Managing Director of the International Monetary Fund (IMF) said a few hours ago that the presence of technology giants using Big Data and AI could eventually disrupt the financial system. дальше »
2019-6-9 18:16 | |
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Dow Booms on Fed Bailout, But Trump’s Ruthless Threats Spoil the Party
By CCN: The Dow bounced by triple digits for the second consecutive day on Wednesday, as the stock market looked to assemble a June winning streak to reverse the fallout from a brutal May. However, as investors pine for a Federal Reserve “bailout,” Donald Trump’s latest international threats and scattershot economic strategy could once again spoil Wall Street’s party. дальше »
2019-6-5 17:10 | |
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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »
2019-6-4 19:03 | |
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Global crypto-adoption: National Bank of Belarus could invest in $637M seaport project in Vietnam via Relex crypto model
The cryptocurrency ecosystem received a major validation in terms of adoption as it was announced that Relex, an investment platform which uses virtual assets, was “endorsed” by a massive $637 million seaport development project. дальше »
2019-6-2 15:30 | |
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What the Venezuelan crisis teaches us about cryptocurrency privacy
Amidst hyperinflation, a leadership crisis, and international interference, Venezuela’s crisis has come to represent the failings of modern finance and highlights how cryptocurrency could reshape it. дальше »
2019-5-28 17:42 | |
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What the Venezuelan crisis teaches about cryptocurrency privacy
Amidst hyperinflation, a leadership crisis, and international interference, Venezuela’s crisis has come to represent the failings of modern finance and highlights how cryptocurrency could reshape it. дальше »
2019-5-27 17:42 | |
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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »
2019-5-23 20:00 | |
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