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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money


Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...

While Markets Move Sideways, Crypto Whale Sightings Increase


While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder...

SEC Approves Bitcoin Futures Fund


The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed...

Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany


Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also...

Venture Capitalists Have Invested Over $200M in Stablecoins


Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...

Tron and Poloniex Relationship Scrutinized After Digibyte Delisting


The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he...

Could Central Banks’ Digital Currency Projects Be Nothing But a Big Bluff?


Contrary to the public statements, insiders at the European Central Bank (ECB) reportedly say the bank has no laboratory working on a digital euro and little intention to create one any time soon. "Most of these comments [about the digital fiat] seem designed to jolt the private sector banks into...

France is piloting its own digital currency too


CoinMarketCap Daily Newsletter Your daily newsletter for 5 December, 2019 “Believe that with your feelings and your work you are taking part in the greatest; the more strongly you cultivate this belief, the more will reality and the world go forth […] The post France is piloting its...

France is piloting its own digital currency too


CoinMarketCap Daily Newsletter Your daily newsletter for 5 December, 2019 “Believe that with your feelings and your work you are taking part in the greatest; the more strongly you cultivate this belief, the more will reality and the world go forth […] The post France is piloting its...

RBI Governor Discusses Crypto and Central Bank Digital Currency


The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also...

British Virgin Island announces a USbacked digital currency


CoinMarketCap Daily Newsletter Your daily newsletter for 4 December, 2019 “There's only one corner of the universe you can be certain of improving, and that's your own self.” - Aldous Huxley In today's newsletter, we will be covering: Ethereum's proposed hard […] The post British Virgin...

British Virgin Island announces a USbacked digital currency


CoinMarketCap Daily Newsletter Your daily newsletter for 4 December, 2019 “There's only one corner of the universe you can be certain of improving, and that's your own self.” - Aldous Huxley In today's newsletter, we will be covering: Ethereum's proposed hard […] The post British Virgin...

Banks Are Cutting 75,700 Jobs Worldwide


Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...

World’s 5th Biggest Bank to Launch ‘Digital Currency’ Company in 2020


One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human resources network Recruit. Per a report from Nikkei, the new joint-venture company will debut in 2020, and will...

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