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US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money at Risk

28.7.2021
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi) as “a shady, diffuse network of online funny money,” he said, “if we want a solution...

Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated

28.7.2021
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million...

IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender

28.7.2021
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency...

Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment

27.7.2021
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla...

PrimeXBT Lead Analyst Kim Chua: Historical Metric Suggests Bitcoin Bull Run Not Over

27.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. The sharp pullback and the amount of time Bitcoin has spent looking weak has gotten many traders worrying that the current bull market cycle has run its course and that we are moving into a bear...

Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’

26.7.2021
Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming...

Tether’s Collapse Would Be Chaotic, Not Cataclysmic

26.7.2021
Possible criminal charges against Tether executives will put even more pressure on a product that the market is already cooling on

Bitcoin ETF 'not happening in 2021,' says Wilshire Phoenix co-founder

26.7.2021
The United States SEC may not approve a Bitcoin exchange-traded fund until 2023, according to a former BTC ETF expectant

Analyst Jim Cramer Calls Ethereum the ‘Pied Piper of Crypto’ but Won’t Add to His Position

26.7.2021
CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his ethereum position “but not adding to it.”...

Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets

25.7.2021
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use...

3 reasons why Bitcoin price has not been able to rally back above $40K

25.7.2021
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments

23.7.2021
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies....

Web Features That May Not Work As You’d Expect

23.7.2021
As the web gets more and more capable, developers are able to make richer online experiences. There are times, however, where some new web capabilities may not work as you would expect in the interest of usability, security and privacy.… The post Web Features That May Not Work As You’d...

Paxos Standard Presents Assets Backing Its Stablecoins

23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...

Organize your CSS declarations alphabetically

23.7.2021
Eric, again not mincin’ no words with blog post titles. This is me: The most common CSS declaration organization technique I come across is none whatsoever. Almost none, anyway. I tend to group them by whatever dumps out of my … The post Organize your CSS declarations alphabetically...

Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says

22.7.2021
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...