The March 12 Bitcoin price crash has put its safe-haven narrative under stress, but the true stores of value are extremely static assets. The price of Bitcoin (BTC) suffered a tremendous crash on March 12, falling from almost $8,000 to stabilize at around $5,000, a loss of about 40% in the span of less than […]
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Leading figures in India’s crypto industry are reading positive signs from Facebook’s $5.7 billion investment in India’s largest mobile operator. Leading figures in India’s crypto industry are reading positive signs from Facebook’s $5.7 billion investment in India’s largest mobile operator. First reported on April 22, Facebook’s deal with Jio Platforms — the digital technology unit […]
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The crypto exchange OKEx’s CEO, Jay Hao, talks the future of OKEx and the crypto sector, CMC’s acquisition by Binance and his favorite books. Jay Hao, the CEO of the digital asset exchange OKEx, took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. In the past, Hao has stated that […]
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After a deep dive into Facebook’s Libra project, Binance Research found the proposed concept could change the face of the payment sector. Binance Research dove into Libra’s most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook’s proposed asset could significantly alter the payments world. “Libra’s envisioned global payment system could do to […]
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Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the […]
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The Dutch central bank says The Netherlands is well placed to develop and trial a digital Euro. The Dutch central bank wants to be the proving ground for central bank digital currencies (CBDCs) in the European Union. In a 45-page report released by the bank on April 21, the De Nederlandsche Bank (DNB) said it […]
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Can crypto actually take on USD’s role around the world? Jim Bianco, CEO and president of economics and finance analysis company Bianco Research, said he sees a cryptocurrency as the next reserve asset. “I’ve argued that, in theory, the next reserve currency will be a crypto,” Bianco told Anthony Pompliano on an April 17 episode […]
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Crypto pundits believe that the Libra Association has allayed most of the concerns put forth by regulators by updating its white paper recently. Following an overhaul of Libra’s original white paper that was met with strong skepticism from United States policymakers, a member of the House Financial Services Committee — Democrat Rep. Sylvia Garcia from […]
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Celo has announced 18 finalists from 15 countries in its CeloCamp accelerator program. Open-source payments network and Libra rival Celo has announced 18 finalists spanning 15 countries from its CeloCamp blockchain accelerator program hosted in partnership with digital events company Upright. The program, launched during mid-February, comprises an eight-week virtual boot-camp intended to stimulate app-building […]
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Facebook’s Calibra is looking to create 50 new roles for its workforce in Ireland, as the firm seemingly bucks the trend of private-sector layoffs during the coronavirus crisis. Facebook’s Calibra is looking to create 50 new roles for its workforce in Ireland, as the firm seemingly bucks the trend of private-sector layoffs during the coronavirus […]
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