A group of technology innovators has sent a letter to the United States Congressional Leadership, Committee Chairs, and Ranking Members, urging them to take a critical look at cryptocurrency innovatio...
Tag: Currencies
Digital Currencies Get Support From Nigerian Presidential Hopeful
Digital currencies have found a major backer in a Nigerian presidential candidate, who expresses confidence in their potential and rejects the concept that they might destabilize an economy. Bukola Sa...
Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated – News Bitcoin News
Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that ther...
Could GameFi and carbon currencies reverse blockchain’s climate stigma?
Nonfungible tokens (NFT) and blockchain technology have developed an unfortunate stigma in some sections of the community for being bad for the environment. But, could that perception be changed by in...
Bankers at WEF see the need for caution and speed on central bank digital currencies
The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of experts gathered Monday at the World Economic Forum in Davos, Sw...
Musk tweeted his support for crypto over fiat currencies on May 22, 2021, not today
Former Commodity Futures Trading Commission (CFTC) head and crypto advocate Christopher Giancarlo has taken a seat as the chairman of crypto prediction platform Polymarket’s advisory board. The platfo...
Bitcoin and Ethereum are Not Currencies, States Swedish Central Bank
Riksbank – the central bank of Sweden – has joined a chorus of other monetary authorities in rejecting Bitcoin’s status as “currency”. It argues that cryptocurrencies are poor at serving the three pri...
SkyBridge CEO Says Flagship Currencies Such As Ethereum, Bitcoin Will Continue A Long-term Uptrend
In a statement, Anthony Scaramucci, the founder and CEO of SkyBridge Capital, said that the global investment company stands firm on its hodling strategy even after the dramatic downturn of the crypto...
WaykiChain WICC Becomes the First Batch of Online Currencies
[PRESS RELEASE – Please Read Disclaimer] Due to the active trading of cryptocurrencies like Bitcoin in recent years, major brokerages have also begun to target this market. WBbroker, also known as the...
Avalanche (AVAX), Enjin Coin (ENJ), and Pacman Frog (PAC): Are They the Fastest-Growing Currencies of Q2 2022?
Place/Date: – May 12th, 2022 at 2:57 pm UTC · 3 min read Source: Pacman Frog New coins and projects are constantly being developed and added to the crypto realm. Even though some projects don’t ...
Is it safe to buy commodity currencies after plummeting from 2022 highs?
Today’s inflation report released in the United States revealed that we may have seen the peak in inflation in April. Inflation is why investors pile into commodities, as they act as a hedge against t...
9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market – Featured Bitcoin News
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence ...
Strong Dollar Aids U.S. Inflation Fight, Adds to Price Pressures Abroad
Text size Chinese 100 yuan bank notes. Paul Yeung/Bloomberg While your attention probably was focused on that big takeover of a certain social-media site, the gyrations in the global currency markets ...
Tranglo Explains How Digital Currencies Like Ripple (XRP) Are Transforming Global Payments
– Advertisement – Tranglo Describes How Digital Currencies Like Ripple (XRP) Are Transforming Global Payments. Businesses can now complete international transactions seamlessly and in real...
CNN is backing gold and government-backed fiat currencies – bitcoin is no substitute
Mainstream news media is taking advantage of the bitcoin and crypto slump in order to promote the government line that fiat currencies are better value in the present dire economic environment. Gold i...
ECB Official Advocates Global Regulatory Approach on Digital Currencies
Fabio Panetta, a board member at the European Central Bank (ECB), does not want global regulators to permit the proliferation of digital currencies and their associated risks without curbing them. Spe...
India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks – Regulation Bitcoin News
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from c...
US Secret Service Seizes Over $102m in Digital Currencies among Crypto Crimes
The United States Secret Service has notably confiscated as much as $102 million worth of crypto assets in its investigation of the activities of cybercriminals. As reported by CNBC, citing data from ...
Central Bank Digital Currencies Are About Control – They Should Be Stopped
Photo taken on July 15, 2021 shows the U.S. Federal Reserve in Washington, D.C., the United States. … [+] U.S. Federal Reserve Chair Jerome Powell said on Thursday that he was “legitimatel...
Crypto Outlook: Big Hack, Yellen Coming Around and Bitcoin to $500,000?
The S&P Cryptocurrency Broad Digital Market Index (SPCBDM) ended the week at 3,925.70. It’s down 5.6% for the month of April, and 13% on a year-to-date basis. Even so, investors are striking a po...
Elon Musk wants Twitter Blue to accept Dogecoin and Local Currencies
TL;DR Breakdown Elon Musk wants to see significant changes in Twitter Blue He advises the platform to accept local currencies and DOGE for its subscription. A potential DOGE integration might be on t...
Top 3 commodity currencies to buy as demand outpaces supply
Commodity prices have remained at elevated levels as the crisis in Ukraine continues. Energy commodities like oil and natural gas have rallied and base metals like copper and aluminum have all rallied...
These 3 emerging market currencies have defied gravity
Emerging market (EM) currencies have done well in the past few weeks even as global risks have jumped. They have also outperformed their peers in the emerging markets as the Fed vows to keep hiking in...
Recent Survey Reveals One In Five Americans Has Used Crypto Currencies In Some Fashion
56% Of The Participants Are Neutral Towards Last year witnessed a great boost in cryptocurrencies. It can be confirmed from the fact that the crypto economy is currently valued at around $2.2 trillion...
Bitcoin Could Hit $4.8M if it Replaces Fiat Currencies – crypto.news
VanEck, an investment firm, has made a very high BTC and gold valuation based on the extremities that get the title of a global reserve currency. The firm believes that Bitcoin (BTC) has double the up...
Central Bank Digital Currencies And Their Context In The DeFi World
Every year, it seems like there’s a lot more happening with cryptocurrency and decentralized finance assets. A few years ago, hardly anyone had heard of Bitcoin. As a relatively recent invention...
Digital currencies have an advantage in the the international crisis –
Digital currencies could benefit from the international crisis as per Larry Fink Blackrock’s CEO believes that the growing inflation could aid the crypto industry It has become a tool for internation...
Russia-Ukraine War could Accelerate Digital Currencies?: Blackrock Boss Think So
Blackrock CEO Larry Fink expresses an optimistic aspect of the Russia-Ukraine war and thinks that it has a potential impact on accelerating the growth of digital currencies. He confirmed that the lar...