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Why Fiats Are Failing in 2020
23.10.2020
From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders
23.10.2020
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals....
Bitcoin price hits new record high in these 7 countries
22.10.2020
Bitcoin price hits a new record high in seven national currencies of 500 million people
OKEx Resuming P2P Fiat Trading for Three Fiat Pairs
21.10.2020
Major crypto exchange OKEx is today resuming peer-to-peer (P2P) fiat trading for three fiat pairs. Crypto withdrawals are still suspended.
The exchange has announced that its P2P platform will resume trading at noon UTC today for the CNY (Chinese yuan), INR (Indian rupee), and VND (Vietnamese...
New Zealand has no imminent plans to issue CBDC, says central bank exec
20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank
Fiat-to-Crypto Gateway BTC Direct Raises Almost $13M in Series A Funding
19.10.2020
BTC Direct said it plans to use the funds to expand its workforce and develop new products, among other things
Stablecoins race ahead: Fiat-backed crypto booming amid uncertainty
17.10.2020
Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market?
Bitcoin genesis block is the ‘New Testament’ of finance
17.10.2020
No need to suffer from centralized systems since the world has been offered its greatest weapon against it: cryptocurrency
Governments and banks are the only winners with fiat currency, says Max Keiser
15.10.2020
His doom and gloom comments continue to roll in for global currencies
The Bahamas central bank wants to make its digital 'Sand Dollar' global
15.10.2020
The Bahamas’ digital currency is currently used domestically
Huobi Plugs Into EU’s SEPA and UK Faster Payments Systems With Banxa Integration
14.10.2020
Seychelles-based crypto exchange Huobi has integrated fiat-to-crypto payment service Banxa to its trading platform with zero fees, the firm announced Wednesday
Bank of Russia issues consultation paper on digital ruble
13.10.2020
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset
11.10.2020
When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge...
Crypto banks are going to swallow fiat banks in 3 years — or even less
10.10.2020
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto
P2P Bitcoin Trading Drops in Argentina Amid Torrid Times for Fiat Peso
9.10.2020
Source: Adobe/Rochu_2008
The bitcoin (BTC) boom in Argentina appears to have hit a bump in the road, with peer-to-peer (P2P) BTC volumes dropping in Argentina in the past few weeks – despite a wretched month for the Argentinian peso.
As previously reported, 2020 has been a breakthrough year...
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth
3.10.2020
Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and...
Fiat inflation has cost Bitcoin hodlers 20% over the past decade
2.10.2020
Since 2010, inflation has turned $1 into 84 cents while $1 invested in Bitcoin would be worth $274,000
Easily Spend Your Bitcoin via Prepaid Debit Card or a PayPal Account with Bitcoin of America’s Easy to Use Trading Platform
30.9.2020
Bitcoin of America offers a number of convenient ways to transfer your bitcoin or litecoin to commonly used USD payment gateways like prepaid debit cards or a PayPal account. Read the guides below to find the method that’s best for you. Most commonly, bank transfers are used to transfer...
Europe's central bank is concerned about possible runs on stablecoins
23.9.2020
Stablecoin runs could occur if users lose confidence in the issuer or its network