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Bitcoin eyes for a brighter future amid $310 million liquidation loss


The crypto market just witnessed a loss worth $310 million in liquidation. Despite that amount going down the drain, the community is riding the bull for the members to know that Bitcoin is not going anywhere. It has affected BTC for sure; however, the digital asset has seen worse than that....

China's Metaverse Geared Towards Work and Health – Is This the Future?


As Meta and other Western tech giants seek to create virtual worlds for consumers in the metaverse, China is taking a different approach.  The Chinese government is backing technologies that it sees as strategic and setting rules to govern what can go on in cyberspace. Rather than creating...

The U.S. Should Lead the Digital Future of Money


In his speech to CoinDesk’s Consensus festival yesterday, the head of the non-profit Digital Dollar Project says a U.S. central bank digital currency is too important to be left to central bankers to design. Money is a social issue requiring broad-based public engagement

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says


Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...

Chip Giant Intel Abandons Bitcoin ASIC Production


After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that...

Shamba Network Sows the Future of Sustainable Agriculture in Africa


An ambitious startup tackles two of the world’s most intractable problems – climate change and financial inclusion – by using blockchain technology to share sophisticated data and insights with farmers in Kenya. That’s why Shamba Network is one of CoinDesk’s Projects to Watch 2023

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions


Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the so-called weaponization of its ubiquitous...

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