The U.S. is printing dollars and slashing interest rates to help the people, but will it affect the crypto market? Policymakers around the world have committed unprecedented amounts of fresh money in a bid to stave off an impending recession, or worse: a total depression. In the United States, the Senate approved a $2 trillion […]
Continue Reading
Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish. The long awaited Bitcoin halving came and went, bringing with it whipsaw volatility which saw the price whipsaw 5% to 7% in each direction for the last three hours leading up to block 630,000. Earlier in the day, the top-ranked digital […]
Continue Reading
European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological. A number of countries such as China and Sweden are already experimenting with central bank digital currencies, which are also referred to as CBDCs. The implementation of this new type of money requires a number of aspects […]
Continue Reading
Former CFTC royalty and current leaders of a U.S.-based think tank to promote a digital dollar talk privacy in new AMA. As part of the virtual conference Consensus 2020, three leaders of the Digital Dollar Project held an AMA on May 11 in which they went at length into their thoughts for the future of […]
Continue Reading
While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
Continue Reading
Alex Mashinsky revealed Celsius plans to list more tokenized commodities after launching support for Tether gold last week. In an exclusive interview with Cointelegraph, Alex Mashinsky, the chief executive of pioneering decentralized finance, or DeFi, platform Celsius, and an inventor of the voice-over-internet-protocol, or VOIP, discussed the platform’s recent introduction of support for Tether Gold, […]
Continue Reading
Post-halving scenario on Bitcoin’s long-term market trust and reputation seems quite positive according to crypto pundits. With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a […]
Continue Reading
U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million. The Commodity and Futures Exchange Commission (CFTC) has charged executives of American and Israeli firms for an alleged $15 million scam involving cryptocurrencies and binary options. Court documents filed on May 5 mention two major scams, the first […]
Continue Reading
A new fiat-crypto exchange has launched in India, two months after the country’s stringent ban on banks’ dealings with crypto businesses was lifted. A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses. The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. […]
Continue Reading
The Bitcoin price is surging as the halving approaches, but options data can shed some light on what experts think Bitcoin will do next. With the halving just six days away, the crypto community is collectively holding on to their proverbial hats and counting down the days until the historic event takes place. Looking back, […]
Continue Reading