“We’re way past the point where the bubble should have burst. It should have happened long ago. We’re in uncharted territory now.” Global debt has surpassed $250 trillion. That’s 320% of gross domestic product, announced the Institute of International Finance on Nov. 14. Emerging market debt also hit a record $71.4 trillion, 220% of GDP. […]
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Several top cryptocurrencies have broken below their critical support levels, suggesting that this could be the start of a deeper correction. Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement […]
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Bitcoin price crashed below the 100-day moving average, leaving bulls no choice but to find a way to reclaim $7.6K in order to reverse the bear trend. Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been […]
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The U.S. Deputy Treasury Secretary argued that decentralized privately-issued cryptos can shift some functions of the state to the private sector. The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to the private sector. Deputy Secretary of the Treasury Justin Muzinich presented his view on […]
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Grayscale Investments is launching its diversified cryptocurrency investment product DLC for public trading. American digital asset management fund Grayscale Investments is soon launching its diversified cryptocurrency investment product for public trading. Dubbed Grayscale Digital Large Cap Fund (DLC), the product includes five major cryptos including Bitcoin (ETH) and Ether (ETH), and will soon be available […]
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Next spring the Chamber of Industry and Commerce of Munich and Upper Bavaria, in cooperation with the Digital Ministry, will issue blockchain-based training certificates. The Chamber of Industry and Commerce of Munich and Upper Bavaria, Germany, will issue its first blockchain-enabled training certificates next spring in cooperation with the Digital Ministry. In the future, employers […]
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Morocco is looking to expand access to financial services through the integration of blockchain technology into its financial sector. Morocco is looking to expand access to financial services through the integration of blockchain technology in the country’s financial sector. Speaking at the Africa Blockchain Summit in Morocco’s capital of Rabat, the country’s central bank governor […]
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Tezos has partnered with Singapore government-backed blockchain platform Tribe to jointly launch a training program for developers on the Tezos blockchain. Tezos has partnered with Singapore government-backed blockchain platform Tribe to jointly launch a training program for developers on the Tezos blockchain. According to a Nov. 21 blog post, Tezos’s non-profit arm Tezos Southeast Asia […]
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Earlier this month, media reported that Tunisia had become the first country to issue a CBDC. Now that the central bank has denied the news, it’s time to take a closer look… Earlier this month, many blockchain media outlets, including Cointelegraph itself as well as Decrypt, Beincrypto and LedgerInsight, reported that Tunisia had become the […]
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Harvard University stages a “Digital Currency Wars” live simulation of a White House National Security Council meeting. Harvard University’s Kennedy School carried out a live simulation of a White House National Security Council meeting on Nov. 19, featuring former senior administration officials and thought leaders. The “Digital Currency Wars” event examined a potential future scenario, […]
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