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Fed Chairman Powell Sees Bitcoin As A Substitute For Gold Rather Than The U.S. Dollar
Chairman of the Federal Reserve, Jerome Powell, on Monday reaffirmed his belief that the world’s oldest cryptocurrency is a gold substitute but it is too volatile and is “backed by nothing” for it to replace the U. дальше »
2021-3-24 18:20 | |
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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says
The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »
2021-3-24 16:30 | |
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Bitcoin is much closer to gold than to dollar, says Jerome Powell
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today. дальше »
2021-3-23 03:00 | |
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Bitcoin Is A ‘Speculative Asset,’ Not Useful As A SoV; A Substitute for Gold Not The Dollar: Fed Chair
As for stablecoins, Jerome Powell said they get their credibility only from sovereign currencies they are backed with. Fed is also experimenting with CBDC, which he said won't disrupt the private sector. дальше »
2021-3-22 21:41 | |
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Techemynt launches New Zealand dollar stablecoin
New Zealand based fintech company Techemynt has launched a NZ dollar stablecoin ‘$NZDs’ - backed one-for-one by New Zealand dollars. дальше »
2021-3-17 16:00 | |
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Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin
At the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U. S. Securities and Exchange Commission (SEC). дальше »
2021-3-15 00:30 | |
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Techemynt rolls out first stablecoin pegged to the New Zealand dollar
New Zealand financial services provider Techemynt has announced the launch of the first stablecoin backed 1:1 by New Zealand’s dollar. According to Techemynt, the stablecoin combines the intrinsic utility of cryptocurrency with the stability and value of the dollar to enable remittance, arbitrage, and digital payments. дальше »
2021-3-11 17:20 | |
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Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial
CryptoNinjas » Blockchain security company Quantstamp joins Korean accelerator backed by Shinhan Financial Quantstamp, a blockchain security-infrastructure company, announced it has been inducted as a member of Shinhan Square Bridge: Incheon (located in Incheon Startup Park) backed by Shinhan Financial Group, a leader in the Korean financial services sector. дальше »
2021-3-11 02:22 | |
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AIKON launching new multi-sig crypto wallet backed by Coincover, underwritten by Lloyds of London
CryptoNinjas » AIKON launching new multi-sig crypto wallet backed by Coincover, underwritten by Lloyds of London AIKON, a blockchain identity service provider, today announced a strategic partnership with Coincover to develop its new flagship product — ORE Vault, which includes its cryptocurrency theft insurance underwritten by Lloyds of London. дальше »
2021-3-9 15:10 | |
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Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata
The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city. дальше »
2021-3-7 08:30 | |
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$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. дальше »
2021-3-6 21:30 | |
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xSigma DEX Launch: More Than $100M in Liquidity Pooled on First Day
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity pools which enable assets to be swapped seamlessly and with minimal slippage. […] дальше »
2021-3-3 00:00 | |
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Monero, BAT, Dash Price Analysis: 02 March
Monero, one of the market's leading privacy coins, rose above its horizontal channel but awaited confirmation of a breakout over the next few sessions. BAT's on-chain metrics backed a favorable outcomThe post Monero, BAT, Dash Price Analysis: 02 March appeared first on AMBCrypto. дальше »
2021-3-2 17:30 | |
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From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing
228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created […] дальше »
2021-2-27 20:30 | |
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Canadian Financial Institution Launches World’s First Stablecoin Backed by Bank Deposits
VersaBank, a North American banking leader in B2B digital payment solutions, announced its plans to launch VCAD, the “world’s first digital currency backed by a North American bank deposits”. The stablecoin aims to offer users a channel of commerce while offering the highest levels of stability and security on its system. дальше »
2021-2-26 19:30 | |
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Ant Financial and Tencent- Backed Banks Joins China’s Digital Currency Trials
Alibaba and Tencent owned banks set to launch China’s digital yuan trials. The private banks will simulate trials set across state-owned banks. The post Ant Financial and Tencent- Backed Banks Joins China’s Digital Currency Trials first appeared on BitcoinExchangeGuide. дальше »
2021-2-23 22:16 | |
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Ant-Backed MYbank Reportedly Involved in China’s Digital Yuan Trial
As part of China’s plans to expand its digital currency testing, online banking platform MYbank, backed by Alibaba’s affiliate fintech giant Ant Group, has reportedly joined the digital yuan pilot program. дальше »
2021-2-23 22:01 | |
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Final Chance to Get on the Train – First Crypto Project Backed by a $100 Million Public Company
Imagine a huge company creating a public blockchain project, for a real-world use case, which is guaranteed to get a strong userbase from day-one with a lot of room for others to adopt and join the crowd. дальше »
2021-2-15 11:27 | |
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Tezos, UNI, Dogecoin Price Analysis: 13 February
Tezos retraced from record levels after the market's sellers intervened and dragged the price towards its $4.6-support level. UNI's on-chain metrics backed the sellers in the short-term, but a fall beThe post Tezos, UNI, Dogecoin Price Analysis: 13 February appeared first on AMBCrypto. дальше »
2021-2-13 21:00 | |
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Sportsbet.io Launches Exclusive 360° Cryptocurrency Backed VR Video Experience to Redefine Home Sports Entertainment
As part of their club partnerships with Southampton FC, cryptocurrency sportsbook Sportsbet.io have created a new VIP experience that uses virtual reality (VR) technology to recreate the... дальше »
2021-2-13 07:09 | |
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Nigeria's SEC suspends planned crypto regulations amid central bank ban
Nigeria’s securities regulator has backed the central bank’s crypto ban by suspending its planned regulatory framework for digital assets. дальше »
2021-2-13 13:01 | |
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Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms. дальше »
2021-2-10 17:04 | |
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Sportsbet.io Launches Exclusive 360° Cryptocurrency Backed VR Video Experience to Redefine Home Sports Entertainment
10th February 2021, Tallinn, Estonia: As part of their club partnerships with Southampton FC, cryptocurrency sportsbook Sportsbet. io have created a new VIP experience that uses virtual reality (VR) technology to recreate the magic of matchday, at home. дальше »
2021-2-10 14:55 | |
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China’s State-Backed Blockchain Services Provider BSN to Integrate Findora’s Privacy-Preserving Financial Infrastructure
Findora, a zero knowledge decentralized finance technology provider announced today that it has partnered with BSN (Blockchain-based Service Network), the blockchain infrastructure provider backed by the Chinese government. дальше »
2021-2-10 21:02 | |
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Tradelize launches social network for cryptocurrency traders and investors
Tradelize, known as Professional Trading Terminal for crypto, announced its rebranding to Traders Social Network backed by real trading stats. Tradelize built the Tradelize Social... дальше »
2021-2-6 06:37 | |
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3 Catalysts That Propelled Cardano (ADA) to Its Three-Year High
ADA, a cryptocurrency backed by blockchain network Cardano, reached its best levels in the previous three years amid a major capital influx from Bitcoin to the altcoin market. The ADA/USD exchange rate hit $0. дальше »
2021-2-6 14:00 | |
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Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool J
This week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J. дальше »
2021-2-5 02:30 | |
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DeFi users flock to Flamingo (FLM) to escape high Ethereum gas fees
Flamingo’s (FLM) rally to a new all-time high is backed by record trading volume, increased governance capabilities and DeFi users searching for Ethereum alternatives. дальше »
2021-2-4 03:00 | |
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IoTeX Updates Roadmap, to Build A Special Oracle for the Machine Economy in 2021
IoTeX, an Internet-of-Trusted Things platform backed by over 30 top rated scientists and engineers, had an exciting year in 2020. They are now planning to build on last year’s successes in 2021 to expand their global community and upgrade their protocol for better growth, awareness, and adoption, an update on Jan 28 read. Lessons fromRead More дальше »
2021-1-30 12:13 | |
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Pomp Launches a Website to Connect Jobs Seekers With Blockchain Companies
Renowned crypto evangelist and influencer Anthony Pompliano who is also a Morgan Creek Digital partner, has announced the launching of a crypto and blockchain jobs site which is backed by some serious players in the industry such as Coinbase, BlockFi, and Gemini. дальше »
2021-1-28 23:08 | |
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EOS, NEM, Compound Price Analysis: 26 January
EOS was trading below its 200-SMA and projected a prolonged bear market as its indicators favored the selling side. XEM targeted a move above the $0.229-resistance, backed by a surge in trading volumeThe post EOS, NEM, Compound Price Analysis: 26 January appeared first on AMBCrypto. дальше »
2021-1-26 19:00 | |
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Crypto Lawyer Stephen Palley Backs SEC, Says XRP Is A Security
A top lawyer and crypto enthusiast Stephen Palley has backed the SEC, saying that XRP is indeed a security. The company behind XRP, Ripple has been in court since late December last year following a suit by the SEC alleging that XRP was an unregistered security. дальше »
2021-1-25 10:58 | |
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Senate committee votes unanimously in favor of Yellen as Treasury Secretary
The Senate Committee on Finance backed Yellen's nomination in a show of bipartisan support.
дальше »2021-1-23 01:13 | |
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Celo to Launch A Euro (cEUR) Pegged Stablecoin In March, Backed by Basket of Assets
Celo, a decentralized financial app, is adding a new stablecoin, backed by the Euro. The Euro stablecoin will be backed by a basket of cryptocurrencies that are algorithmically adjusted to maintain a stable price. дальше »
2021-1-22 21:40 | |
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Khurram Shroff backed CanETH Staking Services donates NFT to Blockchain art platform Artcryption, as part of VirgoCX’s auction and fundraiser for SickKids Foundation
CanETH Staking Services, a Canada based institutional-grade staking service for Ether, which is backed by Khurram Shroff, Chairman of the Dubai based IBC Group, placed... дальше »
2021-1-20 18:13 | |
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CoinShares Offers Institutional On-Ramp With Physically-Backed Bitcoin ETP
CoinShares has announced an exchange-traded product physically backed by bitcoin to entice institutions into Plan B. The post CoinShares Offers Institutional On-Ramp With Physically-Backed Bitcoin ETP appeared first on Bitcoin Magazine. дальше »
2021-1-19 11:30 | |
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Are CBDCs considered to be 'real money'?
As cryptocurrencies cement their position in investor's portfolios, nations around the world are also showing great interest in digital currencies that are backed by fiat currencies. The idea of a CenThe post Are CBDCs considered to be 'real money'? appeared first on AMBCrypto. дальше »
2021-1-18 21:00 | |
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EOS, BAT, Dogecoin Price Analysis: 16 January
EOS's market noted some bearish presence, with the same likely to push the crypto's price slightly south towards $2.6. Basic Attention Token appeared to break out of a range backed by significant tradThe post EOS, BAT, Dogecoin Price Analysis: 16 January appeared first on AMBCrypto. дальше »
2021-1-16 14:00 | |
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