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IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
18.7.2021
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments. Their report to the G20 states that enhanced cross-border payments “can...
Four North American Bitcoin miners that could benefit from the East-West shift
18.7.2021
With China seemingly out of the equation, North American Bitcoin miners are looking to exert hash rate dominance
Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm
18.7.2021
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports...
Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk
18.7.2021
Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re not connected deeply into the standing financial system,”...
Here’s one way to trade Bitcoin even as BTC price teeters over an abyss
18.7.2021
Bears have pushed Bitcoin price to the lowest rungs of its current range, but savvy traders can still generate a nice profit via the Iron Condor options strategy
Historically low spot volumes and investor indecision weigh on Bitcoin price
17.7.2021
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders
Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%
17.7.2021
The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies....
NEM, Augur and District0x price push higher while Bitcoin trades below $32K
17.7.2021
Massive spikes in trading volume sent the price of XEM, REP and DNT higher even as Bitcoin price hit a weekly low at $31,000
Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
17.7.2021
Analyzing Twitter mentions and Google Trends data is another way traders keep an eye on emerging trends and sector rotations in the cryptocurrency ecosystem
New project aims to bring global crypto miners to Russia
16.7.2021
Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies
Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors
16.7.2021
As DEXs continue to accrue billions of dollars in TVL within days of their launch, some question whether they are manipulating their numbers
Japan to reportedly take action to scrutinize crypto globally
16.7.2021
Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins
Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions
16.7.2021
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering...
Here’s 2 ways clever pro traders spot crypto and stock price reversals
16.7.2021
Many successful traders look for double bottom and W bottom reversal patterns on technical charts in order to spot powerful price reversals
Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit
16.7.2021
Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases...
PayPal increases crypto purchase limits to $100K
15.7.2021
The company said the move was aimed at giving customers “more choice and flexibility" to purchase crypto
3 altcoins showing signs of accumulation while Bitcoin price is down
15.7.2021
DeFi and NFT-related tokens like GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48-hours
Rep Tom Emmer introduces bill to provide certainty for digital assets
15.7.2021
The Security Clarity Act seeks to lessen regulatory burdens for blockchain-based technology
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
15.7.2021
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand
US government delves deeper into crypto accountability with $10M bounty
15.7.2021
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments