Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold


Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...

In Venezuela, USD, Not Bitcoin, Still Reigns Supreme – Report


The United States dollar, not crypto, is still king in Venezuela, despite suggestions otherwise, a new report has alleged. As previously reported, crypto adoption is on the rise in Venezuela, where crypto pay has enjoyed a boom. Cryptoassets such as bitcoin (BTC), ethereum (ETH) and dash (DASH)...

AMD Won’t Restrict Crypto Miners From Using Its Graphic Cards


Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes. AMD Doesn’t Want to Follow Nvidia’s Path According to...

BitMax Relaunches as AscendEx


Disclaimer: The text below is a press release that was not written by Cryptonews.com. New brand identity is a nod to the overall growth of the crypto and digital asset industry March 22, 2021 / Singapore / - BitMax.io, a leading crypto and digital asset trading platform serving professional...

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