The policy research director at the Digital Dollar Project said that the Federal Reserve is waiting for Congress to initiate legislation on CBDC, for them to proceed further. A number of central banks...
Tag: Digital
CBRT sticks along & accelerates usage of Digital Lira
Turkey is determined to go ahead with the test on its Digital Lira after the central bank announced that it had concluded the first test. The Central Bank of the Republic of Turkey has added that it p...
Galaxy Digital Buys Agro Blockchain’s Mining Facility For $65M
45 mins ago | 2 mins read Bitcoin News To the tune of $65 million, the Helios facility was sold by Argo Blockchain on Dec 28. Galaxy will also grant a fresh $35 million equipment financing loan. After...
Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says – Bitcoin News
Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medv...
Turkey completes first digital lira transactions
Turkey’s national bank announced in a Dec. 29 press release that it has successfully carried out the first transactions involving its digital lira. The Central Bank of the Republic of Turkey (CBRT) sa...
Former Chinese central banker says digital yuan ‘usage has been low’
A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use. Xie Ping, a former PBOC research direct...
digital yuan not widely used in China
According to Xie Ping, a former official of the People’s Bank of China (PBoC), the digital yuan is underused by the Chinese. As reported by financial news source Caixin, The former PBoC official, Xie ...
While His Digital Trading Cards Tumble in Value, Trump Says His ‘Cute’ NFTs Were About the Art – Bitcoin News
After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection ha...
Galaxy Digital pops day after Argo mining acquisition announcement
Galaxy Digital shares rose more than 13% a day after saying it would buy Argo Blockchain’s Helios mining facility. The company will pay $65 million for the facility and will also provide a...
Turkey Pushes Ahead With Digital Lira
Turkey’s central bank announced today that it had completed the first set of tests for its long-planned digital currency. The Central Bank of the Republic of Turkey (CBRT) said that it plans to conti...
Billionaire Mike Novogratz’s Galaxy Digital To Acquire Struggling Argo Blockchain’s Main Facility
Crypto investment firm Galaxy Digital is acquiring the main facility of Bitcoin (BTC) miner Argo Blockchain for $65 million. According to Argo, billionaire Mike Novogratz’s crypto investment firm is b...
China to Roll Out State-Backed Exchange for Digital Collectibles
The “China Digital Asset Trading Platform,” the country’s first digital collectibles marketplace, is set to be unveiled on January 1, 2023, with an official ceremony celebrating the ...
Argo Blockchain Closed its Previous Transactions with Galaxy Digital
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Turkey’s Central Bank says digital lira tests will continue in 2023
Turkey’s central bank said Thursday that it successfully carried out the first payment transactions on the Digital Turkish Lira Network as part of first-phase studies. The central bank wil...
Helios is a ‘Transformative Acquisition’ for Galaxy Digital, Says Novogratz
Mike Novogratz – the CEO of Galaxy Digital – praised his company’s decision to purchase the bitcoin mining facility – Helios. The firm recently won the auction to acquire another cryptocurrency entity...
Coinbase, Galaxy Digital shares rise sharply as stocks surge
Shares of Coinbase (NASDAQ: COIN) rose more than 8% on Thursday as the broader stock market recorded a slight upside amid ongoing investor jitters. COIN, one of many crypto-related stocks to nosedive ...
China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils – Bitcoin News
A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform...
Argo Blockchain sells Texas mine to Galaxy Digital to avoid bankruptcy
Argo Blockchain, a top-tier mining company for cryptocurrencies, recently declared that it had reached an agreement with Galaxy Digital Holdings on a legally binding agreement that would benefit both ...
Digital Currency Group (DCG): We’re in Good Shape
With the fall of FTX and so many other issues plaguing the digital currency world, many are wondering what the fate of the Digital Currency Group (DCG) in Connecticut will be. The organization is argu...
Galaxy Digital Bails Out Bitcoin Miner Argo Amid Bankruptcy Rumors
Bitcoin miner Argo Blockchain announced on Wednesday that it reached a deal with Galaxy Digital in an effort to avoid the threat of bankruptcy. Upon the agreement, Galaxy Digital will acquire Argo’s t...
Gold-Based Digital Assets Issued in Russia – Bitcoin News
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of p...
Marathon Digital Price Prediction: Will MARA Stock Price Hit A New High Near BTC Halving?
Marathon digital holdings has recently reported that they will recover 50% of their deposits from Compass Technical indicators of MARA suggests a downside trend in price. It is currently trading near ...
China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1
China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News. The C...
Bitcoin Miner Argo Blockchain Sells Texas Facility to Galaxy Digital for $65M
Bitcoin mining company Argo Blockchain announced it has entered into definitive agreements with Galaxy Digital Holdings that will see the miner sell its Helios facility in Dickens County, Texas. The d...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Coinotizia
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Mining Bitcoin News
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital
Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after it agreed to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital for $65 million. The mi...
Galaxy Digital injects $65 million into struggling bitcoin miner, Argo Blockchain
Argo Blockchain (ARBK), a bitcoin miner, will avoid filing for bankruptcy after deciding to sell Galaxy Digital (GLXY), the Helios mining plant in Dickens County, Texas, for $65 million. Galaxy Digita...
Global Cryptocurrency Market Report 2022-2026: Market is Poised to Grow by $1.47 Billion – Rising Investments in Digital Assets – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Cryptocurrency Market 2022-2026” report has been added to ResearchAndMarkets.com’s offering. The cryptocurrency market is poised to grow by $1.47 bn during 2022-2026...
Argo Blockchain to avoid bankruptcy with $100m from Galaxy Digital
Argo Blockchain has negotiated a $100 million deal with Galaxy Digital which will help it avoid bankruptcy. The crypto mining firm’s share price has soared more than 102% following the announcement of...