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Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
COT witnesses change as Bullish euro bets hit a 15-month high
1.11.2022
The traders increased their bullish exposure to the relatively weak euro. It was observed that the currency has been falling for two years, putting a warning for bearish investors. The decrease in short positions was noted, but the notable hike in long bets was also evident. The prices being...
RealFevr raises €10 Million to envision a GameFi ecosystem
1.11.2022
RealFevr is extremely thrilled and excited to disclose that they have successfully obtained a funding amount of 10 million euros. However, this was through a Series A+ funding round duly headed by Advantage. The other investors in the picture are Semapa Next, Shilling Capital Partners, and APEX...
Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation
29.10.2022
The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves...
ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations
27.10.2022
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate hike, the ECB changed the central bank’s targeted longer-term refinancing operations terms...
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments
26.10.2022
Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first...
Nenápadný hit prodává miliony, český simulátor kamionů slaví deset let
24.10.2022
Hry českého studia SCS Software sice nezdobí obálky časopisů ani nevítězí ve výročních žebříčcích popularity, přesto se prodávají po milionech napříč celým světem. Jejich dosud největší hit Euro Truck Simulator 2 nedávno oslavil desetileté výročí a fanoušci na něj dodnes nedají dopustit
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
20.10.2022
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive...
Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt
19.10.2022
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.”...
SCS Software: Čeští tvůrci Euro Truck Simulatoru razantně zvýšili tržby a udělali zisk 440 milionů
19.10.2022
Čeští vývojáři herních kamionových simulátorů Euro Truck Simulator a American Truck Simulator opět výrazně zvýšili tržby. Společnost SCS Software v posledním finančním roce utržila 766 milionu korun oproti 557 milionů v roce předchozím. Zisk po zdanění vyrostl z 298 na 441 milionů
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
16.10.2022
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists...
SettleMint receives a series a funding of €16 million
12.10.2022
SettleMint has successfully acquired Series A funding of 16 million euros. This funding also includes the co-funding of OTB ventures and Molten Ventures together. It now becomes extremely imperative to know what the enterprise SettleMint entails and a little information related to its general...
Slicing the Elephant: Inside the Design of a Digital Euro
11.10.2022
There are plenty of decisions yet to be made about the landmark CBDC, the head of the ECB’s digital euro project, Evelien Witlox, tells CoinDesk
Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
10.10.2022
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
2.10.2022
Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
ECB reports on digital euro validation, privacy one year into investigative phase
29.9.2022
The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed
Crypto startup to save iconic fiat money sculpture with 1M euros funding
29.9.2022
Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making
EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project
29.9.2022
Cross-party lawmakers cited worries over data privacy and taxation as they demanded a U-turn on the controversial European Central Bank decision to let Amazon participate in the digital euro project