Experts in blockchain technology and crypto take on the question: What should happen to say that cryptocurrency mass adoption has started? Since its inception in January 2009, Bitcoin’s (BTC) popularity has been increasing, peaking in December 2017 when the leading cryptocurrency’s price hit record highs around $20,000 per coin and dropped back down. After 10 […]
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Facebook has reportedly announced the major national currencies with which it plans to set the value of its forthcoming Libra stablecoin. Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves. According to a report by Bloomberg on Sept. […]
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Stablecoin firm Tether announced that it is launching a new stablecoin pegged to the offshore Chinese yuan. Stablecoin firm Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT. According to an announcement on Sept. 9, Tether CNHT is pegged to the offshore yuan and available as an ERC-20 […]
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Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen a tumultuous week in the cryptocurrency industry. The tax agency announced that they are running out of funds, the Securities and Exchange Commision (CVM) claimed that Brazil is “broke,” the Central Bank of Brazil introduced a new instant payment system, […]
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Ripple users are left infuriated after the company’s latest XRP dump, Craig Wright challenges 500,000 BTC payout, and Apple says it is watching crypto closely. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
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Cointelegraph en Espanol presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world saw some major developments this week with Spain introducing a reinforced authentication system for payments, Mexico giving fines up to $47,000 for the unauthorized use of crypto and a South Korean blockchain delegation visiting Peru. […]
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Swiss National Bank President Thomas Jordan says stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy. Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances. Cryptocurrencies’ limited use as payment instruments On Sept. 5, Jordan spoke at the University of Basel, […]
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Will Apple’s interest in cryptocurrencies drive the next leg of the up-move? Let’s analyze the charts. Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. […]
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Inverse correlation between Bitcoin and Chinese yuan reaches has hit record levels over the past week amid global economic uncertainty. Bitcoin price has seen a record inverse correlation with the Chinese yuan (CNY) this week, according to an analysis from Bloomberg on Sept. 6. This suggests that investors are using the digital currency as a […]
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JPMorgan analysts say Libra could face gridlock in periods of network stress and that this could have “serious macroeconomic consequences.” The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress. According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of […]
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