cbdc

14

Oct

G7 leaders issue central bank digital currency guidelines

Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. Group of Seven advanced economic nations has been discussing central bank digital currencies (CBDCs) this week, concluding that they should “do no harm” and meet rigorous standards. Finance leaders from the G7 met in Washington on Oct. […]

vitalik

13

Oct

Vitalik talks DAOs, Ethereum and NFTs in new interview

Speaking on Bitcoin: “In some ways, the number of critics matters much less than the strength of the supporters.” In a recent podcast interview with The Stakeborg Talks, co-founder of Ethereum Vitalik Buterin spoke candidly on a wide range of issues, including his early attraction to mathematics and problem-solving, the potential of decentralized autonomous organizations, or DAOs, his[…]

crypto

13

Oct

IMF reiterates more oversight for crypto in latest report on financial stability

The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility. The International Monetary Fund’s Financial Stability Board said the growing adoption of cryptocurrencies could potentially increase the risks to the global economy. In its Global Financial Stability Report[…]

Venezuela

13

Oct

Venezuelan international airport to accept Bitcoin payments: Report

“We must advance in these new economic and technological systems to be accessible,” Maiquetia airport director said. A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services. Simón Bolívar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional[…]

usd/btc

13

Oct

Blockchain.com exchange debuts Bitcoin margin trading

Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage. Bitcoin (BTC) wallet and exchange platform Blockchain.com has announced the introduction of margin trading services. In a blog post issued on Tuesday, Blockchain.com stated that Bitcoin margin trading had been a regular request from users since launching its exchange[…]

google

12

Oct

Bakkt crypto exchange partners with Google for payments

Millions of retailers currently accept Google Pay as a form of payment, potentially giving Bakkt users the ability to pay in crypto at a variety of stores and online markets. Users who hold debit cards issued by cryptocurrency exchange Bakkt will be able to convert their crypto balances to make fiat payments using Google Pay. In an[…]

BTC Chart

12

Oct

Swiss think tank initiates vote to add Bitcoin in federal constitution

Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said. 2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative that could make Bitcoin one of the country’s reserve assets. On Friday, the association announced plans to start[…]

usd/btc

12

Oct

BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022

Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said. Countries in the developing world will soon follow in the steps of El Salvador and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently predicted. In a Wednesday blog post, Höptner expressed support for El Salvador adopting Bitcoin as legal tender in September, predicting that developing[…]

bitcoin

12

Oct

Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins

The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview. Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green but voiced skepticism around many of the altcoins birthed during 2017. Miller subscribes to the[…]

xrp

11

Oct

XRP price eyes $1.50 next after bouncing 30% in just 10 days

The XRP price chart is painting a golden cross while rising inside an ascending channel. XRP has a good chance of hitting $1.50 in the fourth quarter of 2021 after painting a bullish crossover between its 20-day and 50-day exponential moving averages (EMA). The so-called Golden Cross has appeared multiple times on XRP charts in history. Its last occurrence was[…]

bitcoin

11

Oct

Bitcoin network tags record high for daily settlement volume

More than $30 billion was settled on the Bitcoin blockchain in a single day last week. The value settled on the Bitcoin network has been surging recently, reaching a new daily all-time high last week. Bitcoin’s daily settlement value hit an all-time high on Oct. 6, with $31 billion worth of transactions being settled on-chain using the[…]

bitcoin

10

Oct

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Bitcoin price refuses to pull back despite Bollinger Bands and Fear and Greed pointing to an overheated rally. Experienced analysts and media outlets including CoinMarkets Pro recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs[…]