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Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
31.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that...
Tether Co-Founder William Quigley on How Bitcoin Halving Will Reshape Crypto Markets
28.3.2024
Tether and WAX Co-Founder William Quigley provides insights on Bitcoin halving and its impact on the crypto ecosystem, including effects on miners, investors, and the future of digital currencies.
The post Tether Co-Founder William Quigley on How Bitcoin Halving Will Reshape Crypto Markets appeared...
Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value
27.3.2024
Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries...
Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’
27.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring that he is a bitcoin bull, the famous author said the cryptocurrency “is the perfect asset at the right time.” While acknowledging the possibility of bitcoin...
SWIFT to Launch CBDC Platform in 2025-26: Report
26.3.2024
SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies in the next one to two years.
The post SWIFT to Launch CBDC Platform in 2025-26: Report appeared...
Sweden’s Riksbank Releases Final Report on CBDC Project
21.3.2024
Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments.
The post Sweden’s Riksbank Releases Final Report on CBDC Project appeared first on Cryptonews
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
20.3.2024
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the latest threshold. Stablecoin Market Value Tops $150...
Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister
18.3.2024
Bitcoin's record high above $72,000 hasn’t changed the Indian government’s position on crypto, according to Finance Minister Nirmala Sitharaman.
The post Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister appeared first on Cryptonews
Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion
17.3.2024
Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading, speculation, profit-making, and various other purposes....
El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele
17.3.2024
El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Israel Plans to Launch Interest-Bearing CBDC – Here’s What You Need to Know
12.3.2024
On March 11, the Central Bank of Israel unveiled plans for a Central Bank Digital Currency (CBDC). Known as ‘digital shekel’ the unique CBDC will be interest-bearing, marking a departure from existing digital currencies.
The post Israel Plans to Launch Interest-Bearing CBDC – Here’s What...
UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards
6.3.2024
The United Kingdom is set to embrace the coexistence of stablecoins and central bank digital currencies (CBDCs) in its regulatory framework. This move signifies a strategic alignment with the EU's regulatory framework and will position the UK as a progressive player in the evolving landscape...
BRICS to Develop Digital Currencies and Blockchain-Based Payment System
5.3.2024
BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions.
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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
5.3.2024
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said
Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed” People’s Life Savings
4.3.2024
The price of Bitcoin (BTC) now trades at an all-time high against the Canadian dollar roughly seventeen months after the nation’s leader slammed digital currencies as an “irresponsible” investment.
The post Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed”...
Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%
3.3.2024
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth...
Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom
3.3.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American...
Bitcoin’s Market Value Overtakes Russia’s Ruble, Enters World’s Top 15 Currencies
29.2.2024
In wake of its recent surge north of $60,000, Bitcoin’s market value has overtaken that of Russia’s Ruble and cemented it as the top 15th most valuable currency worldwide. Will it crack the top 10?
The post Bitcoin’s Market Value Overtakes Russia’s Ruble, Enters World’s Top...
Republican Senators Propose Legislation to Prohibit CBDC: The Hill
27.2.2024
U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data.
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