Search
"Can’t Be Evil" NFT Licenses, New Crypto Investments, Inflation Heats Up in Euro Area + More News
31.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: "Can’t Be Evil" NFT Licenses, New Crypto Investments, Inflation Heats Up in Euro Area + More News
Rate Hike Expectations Boost the Euro and the Dollar
31.8.2022
On 31st August, the greenback was bigger and more powerful than expected U.S. economic reports and aggressive Federal Reserve remarks indicated increased interest rates, but rate-hike expectations in Europe also showed the currency union hanging on above par. Markets are valuing a better-than-even...
DXY Seeks Balance as Euro Wonders Where to Land
30.8.2022
The world economy is in for some introspection as the US Fed eyes go for a hike of 75bp sometime in September. This comes after the 2-year US yields rise by 10bp to touch 3.48%. DXY is at its highest since September 2002, with 109.47. Twenty years later and talks have gained space in the …
CME Group launches euro-denominated Bitcoin and Ether futures
29.8.2022
First announced on Aug. 4, the euro-denominated Ether futures represent investment vehicles launched prior to the blockchain's transition to proof-of-stake
US dollar hits new 20-year high — 5 things to know in Bitcoin this week
29.8.2022
A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
28.8.2022
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary...
The Euro Regains Parity As Market Confidence Rises
25.8.2022
On 25th August, the euro surged over par with the greenback as traders watched to see if Federal Reserve Chair Jerome Powell would adopt a more tough stance at a conference this week as the current U.S. currency advance lost pace. The euros and other currencies connected to general investor...
Bank of Finland governor says digital euro could facilitate pan-European services to consumers
24.8.2022
"An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable," claimed Rehn
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
22.8.2022
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since...
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
22.8.2022
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone
ECB Creating a Harmonized Regulatory Framework Governing Crypto Activities and Services
19.8.2022
The European Central Bank (ECB) is working to harmonize the regulatory framework governing crypto activities and services in the EU. The regulator noted that several regulatory initiatives at the European and international levels are being finalized. ECB’s Regulatory Plan for Crypto Assets...
US Dollar Strong Market Performance Brings Down the Euro Prices
16.8.2022
The previous week witnessed the gold prices rising in almost every trading session. At the start, the volatility was low since investors were waiting for the US inflation data to be released by the Federal Reserve. Since the gold prices were rising, traders assumed a slowdown in US inflation...
Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’
15.8.2022
The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it...
Peter Schiff to Liquidate Euro Pacific Bank in Settlement With Puerto Rican Regulator
14.8.2022
Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff Liquidating Euro Pacific Bank Gold bug and notorious bitcoin skeptic Peter Schiff has settled...
Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers
11.8.2022
The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can...
CME Group plans to launch euro-denominated Bitcoin and Ether futures
4.8.2022
The futures options, expected to start trading on Aug. 29, followed the CME Group launching micro-sized Bitcoin and Ether options in March
CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on August 29
4.8.2022
The launch of euro-denominated bitcoin and ether futures contracts could accelerate the ongoing institutionalization of the crypto market
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible
4.8.2022
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new report, the eurozone’s monetary authority also claims stablecoins, among...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
2.8.2022
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer...
European Central Bank bets on CBDCs over BTC for cross-border payments
2.8.2022
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro