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FTX Founder Sam Bankman-Fried In The Spotlight With Uncommon Court Appearance
According to a Bloomberg report, Sam Bankman-Fried, the founder of now-bankrupt crypto exchange FTX, will make a “rare” court appearance in New York on Wednesday after being convicted in November for a multi-billion dollar fraud involving cryptocurrency customers. дальше »
2024-2-22 21:00 | |
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Shiba Inu, Ether, and DOGE Are Slowly Eating Into Bitcoin’s Multi-Billion Dollar Payments Sphere
Altcoins and stablecoins have downsized Bitcoin’s dominance as a means for paying for goods and services online by 27%. This is according to a new report released by Bloomberg, citing data from BitPay. дальше »
2022-1-19 20:32 | |
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Crypto Has The Potential For Undermining the US Dollar And Destabilizing Nations, Says Hillary Clinton
Hillary Clinton says cryptocurrencies have the power to weaken fiat currencies and eventually entire countries. During a panel discussion at the Bloomberg New Economy Forum on Friday in Singapore, the former Democratic presidential candidate said the governments around the world are facing new challenges in terms of artificial intelligence, disinformation, and crypto. дальше »
2021-11-20 20:33 | |
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Wall Street Is Paying Top Dollar To Fill Ranks In Its Crypto Army
currenWall Street is hellbent on getting its feet deep in the waters of crypto and it is recruiting an army to do so. Bloomberg reported that in the last three years, about 1,000 crypto-related roles have been created on Wall Street by financial firms looking to gain exposure to the market. Among these have been […] дальше »
2021-11-9 20:00 | |
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A Look Into The Astounding Institutional Interest In Ether And Its Potential To Aid ETH In Toppling Bitcoin
According to the September edition of Bloomberg Galaxy Crypto Indices (BGCI), there is a very high chance that Ethereum could soon become the top cryptocurrency, unseating Bitcoin. The report highlights that Ethereum is leading the DeFi revolution as well as playing a key role in making the dollar the “primary global currency” by being the […] дальше »
2021-10-13 23:48 | |
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Biden Administration Closely Observing China’s Digital Yuan Trials
The Biden administration is keeping a close eye on China’s digital yuan ambitions. Digital Yuan Could Destroy Dollar Hegemony According to a Bloomberg report published on April 12, the Biden administration is stepping up scrutiny of China’s ambitious digital yuan CBDC project. дальше »
2021-4-13 13:00 | |
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Why Bitcoin could favor USD dominance over Digital Yuan
Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U. S. dollar over China’s digital Yuan. дальше »
2021-4-10 00:00 | |
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MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021
The Federal Reserve Bank of Boston and researchers from the Massachusetts Institute of Technology (MIT) are making giant strides in their digital dollar program, according to a Bloomberg report. Boston Fed To Launch Digital Dollar Prototypes Researchers from both institutions are reportedly preparing to launch prototypes of two central bank digital currencies (CBDCs) platforms as […] The post MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021 first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 18:25 | |
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'Markets want Bitcoin and digital dollar as reserve currency'
In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto. дальше »
2021-2-23 00:30 | |
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Mastercard CEO Expounds on the Company’s Plans to Accept Cryptocurrency
Michael Miebach, the CEO of Mastercard, recently shed light on how Mastercard will include crypto in its network. Embracing CBDCs In an interview with Bloomberg’s Emily Chang, the CEO stated that the company would enable its clients to transact using Bahamas digital currency Sand Dollar. дальше »
2021-2-19 00:00 | |
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CBDCs Are A Threat to The US Dollar’s Reign As The World’s Reserve Currency: Deutsche Bank Report
A new report by Deutsche Bank has acknowledged the potential of Central Bank Digital Currencies (CBDCs) to disrupt the US dollar's dominance as the most held reserve currency. This is not the first research that highlights such a possibility; previous reports by Bloomberg and German think tank, DGEN, have speculated similar situations as more Central […] The post CBDCs Are A Threat to The US Dollar's Reign As The World's Reserve Currency: Deutsche Bank Report first appeared on BitcoinExchangeGuide. дальше »
2020-10-1 18:30 | |
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В октябре Багамы запустят свою цифровую валюту центрального банка
Центральный банк Багамских островов подтвердил подготовку к запуску своей цифровой валюты (CBDC) в октябре. Об этом сообщает Bloomberg. Государство с населением чуть менее 400 000 человек в следующем месяце запустит CBDC под названием Sand Dollar. дальше »
2020-9-17 14:58 | |
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Багамские острова анонсировали выпуск государственной цифровой валюты
В октябре Центральный банк Багамских островов представит собственную цифровую валюту (CBDC) под названием Sand Dollar, пишет Bloomberg. В состав архипелага входят более 700 островов. Жители самых отдаленных мест не могут воспользоваться банковскими сервисами, поэтому власти решили создать новый и более удобный финансовый инструмент. дальше »
2020-9-17 12:00 | |
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Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead” Despite 20% Drop
Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U. дальше »
2020-9-10 13:00 | |
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China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report
China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country. дальше »
2020-6-4 00:04 | |
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JPMorgan Report Opines CBDCs Could Disrupt the U.S. Dollar’s Hegemony
A report by JPMorgan & Chase Co. states that the rise in the popularity of central bank digital currencies (CBDC) could spell doom for the U. S. dollar that enjoys unquestionable hegemony in dictating the global economic order today, Bloomberg reports June 22, 2020. дальше »
2020-5-24 17:07 | |
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Global Uncertainties and a Weak US Dollar to Raise the Price of Bitcoin in 2020
According to a Bloomberg report from Monday, it’s very likely the price of Bitcoin (BTC) will increase in 2020, as a result of a weak US dollar and global uncertainties. The predictions say BTC can reach its 2019’s top range of $14,000 if the geopolitical situation is still tensioned and the stock market continues to […] дальше »
2020-1-12 20:57 | |
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Facebook is courting publishers with multi-million dollar deals to launch its news tab this fall
Facebook is keen to become a major news distributor again, after being lambasted for years over its role in aiding the spread of misinformation. A report from the Wall Street Journal last night indicated that the social network is offering major publications multi-million dollar deals to bring them on board its upcoming news service. дальше »
2019-8-9 09:00 | |
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Billion Dollar Brokerage Giant TP ICAP Opens Bitcoin Trading
By CCN Markets: TP ICAP, the world’s largest global inter-dealer broker, with a $2 billion market capitalization, is opening its doors to bitcoin trading. In yet another example of institutional crypto appetite, the London firm will execute bitcoin futures trades on behalf of its clients. дальше »
2019-6-18 17:25 | |
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Fidelity Set to Roll Out Bitcoin Trading ‘Over the Coming Weeks’
In addition to launching a custody service, Fidelity Investments appears set to debut Bitcoin (BTC) trading for institutional clients. The news comes amid reports of Ameritrade and E-Trade quietly testing BTC trading on their respective platforms. дальше »
2019-5-7 00:00 | |
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How Bullish is Multi-Billion Dollar Trading Firm E*Trade’s Crypto Trading Services News?
Most people know the name E*Trade, considering the substantial number of commercials that feature how easy it is to use their trading desk. In order to expand the company’s reach to other investors as well, the company will soon be making crypto trading available as well, according to details revealed to Bloomberg. Let's recap just […] дальше »
2019-4-28 18:24 | |
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Mario Kart Tour could be Nintendo’s biggest smartphone win
Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be. дальше »
2019-4-25 20:11 | |
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Blockchain Technology Being Used to Track Conflict Minerals in War-Torn Nations
According to a Bloomberg report published April 24, 2019, an increasing number of companies are using blockchain technology to track the supply chain of valuable minerals like gold, tin, tungsten, and tantalum, among others. дальше »
2019-4-25 19:00 | |
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Dow Flinches as China Yanks Key Trade War Concessions
China walked back major concessions that it had made amid ongoing trade war negotiations and could also cancel pending orders for Boeing orders. Unsurprisingly, the Dow did not take the news well, cratering more than 100 points after Bloomberg dropped the report. дальше »
2019-3-20 22:12 | |
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Here are the 3 ways OneCoin defrauded cryptocurrency investors for billions
The alleged ringleaders of OneCoin, the multi-billion dollar cryptocurrency-fuelled pyramid scheme, have finally been busted. On Friday, US authorities apprehended brother-and-sister duo Konstantin Ignatov and Ruja Ignatova at Los Angeles International Airport over their role in the international blockchain-based scam, reports Bloomberg. дальше »
2019-3-11 14:42 | |
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In a 30-Minute Video, Victim Lays Out How He Lost $400K in Crypto on QuadrigaCX
Since the QuadrigaCX story has crossed paths with the world’s largest business and crypto news outlets, seemingly little attention has been given to this debacle’s victims. Outlets, such as Bloomberg, CNN Business, among others, refer to the creditors as a “they,” making it tough to remember that there are crypto investors behind each lost dollar. дальше »
2019-2-18 19:30 | |
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Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions
Even in a bear market, Morgan Creek Digital has no problem swimming upstream. The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund. дальше »
2019-2-12 20:51 | |
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Sources Claim Facebook Is Developing a Cryptocurrency for WhatsApp Transfers
According to Bloomberg, Facebook’s is working on creating a new cryptocurrency with an initial focus on remittances in India. The new cryptocurrency will allow users to transfer money on WhatsApp, the popular messaging application owned by Facebook. дальше »
2018-12-21 13:59 | |
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Facebook Wants to Mint Its Own Stablecoin for WhatsApp
Facebook, the world’s largest social media website has been reportedly working on a stablecoin to allow WhatsApp users to transfer money. The company’s initial focus is supposedly the remittance market in India. дальше »
2018-12-21 13:00 | |
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Facebook is developing a stablecoin for WhatsApp
Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market in India, Bloomberg reported citing the people familiar with the matter. дальше »
2018-12-22 11:53 | |
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WhatsApp could be getting its own cryptocurrency
Kik might not be the only messaging app to support cryptocurrency payments if Facebook’s latest dream comes true. According to people close with the matter, the social media behemoth is looking to develop a cryptocurrency that enables WhatsApp users to transfer money to each other, reports Bloomberg. дальше »
2018-12-21 11:29 | |
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Tether (USDT) Might Really Be Backing its Billions
A report by Bloomberg is shedding light on Tether’s finances and suggests that Tether may be fully-backed by US dollars in a bank account. The financial news publication was able to gain access to documents that appear to show that Tether has sufficient fiat currency to underwrite its dollar-backed cryptocurrency. дальше »
2018-12-21 20:00 | |
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Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’
Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct. дальше »
2018-12-20 11:34 | |
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Tether is Apparently Fully Dollar Backed Afterall
Tether has the funds to convert all USDT into USD according to bank statements seen by Bloomberg which claims the veracity of these USD funds has been confirmed by an unnamed... The post Tether is Apparently Fully Dollar Backed Afterall appeared first on Trustnodes. дальше »
2018-12-18 18:20 | |
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Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals
Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves. дальше »
2018-12-18 16:00 | |
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Grayscale Bitcoin Trust Investors Paid Top Dollar At The Highest Point Of BTC Before Fast Drop Last Year
Bitcoin Investors Paid Top Dollar For The Highest Point Of Bitcoin Before Fast Drop Last Year Bitcoin has been plummeting recently. Between the hard fork and the continued aggression of the SEC, the cryptocurrency world has been taking a beating, which is making some publications reflect on the patterns of last year as well. Bloomberg […] дальше »
2018-11-22 20:05 | |
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Goldman Sachs and Mike Novogratz Announce Multi-Million Dollar Investment in Bitgo Seeking to Attract Institutional Investors
Goldman Sachs Group Inc. is investing heavily in BitGo Holdings Inc. , a subsidiary of Bitgo created to provide crypto assets custody solutions. According to Bloomberg, Goldman Sachs’ investment follows the contribution of Galaxy Digital Ventures, a firm created by Mike Novogratz. дальше »
2018-10-20 00:56 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Yale ventures into blockchain with investment in new $400M crypto-fund
It seems even the Ivy League wants a piece of the cryptocurrency and blockchain action. While academic institutions have been gradually evolving to include blockchain and cryptocurrency courses, they have mostly stayed away from investing in the industry – until now. дальше »
2018-10-5 15:21 | |
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Block.one CEO Speaks On EOS (EOS), Bitmain IPO, Crypto Market
Block. One Drops $1B On EOS VC Brendan Blumer, the founder and chief executive officer of Block, the startup behind the world-recognized, multi-billion dollar EOS. io blockchain project, recently sat down with Bloomberg to discuss a variety of facets in the current crypto industry. дальше »
2018-10-1 01:33 | |
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Future Analysts Will Be Tested on Cryptocurrencies in New CFA Curriculum
As the crypto market continues to meld into the realm of traditional finance, the Chartered Financial Analyst (CFA) Institute is taking notice — so much so that the organization is adding cryptocurrency and blockchain sections to its 2019 certification exams. дальше »
2018-7-16 20:42 | |
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