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BTC Supporters Call Price Drop a Mid-Bull Run Break, 2021 Bitcoin Chart Pattern Similar to 2013 Bull Run
24.5.2021
After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run and a 2018-like bear run is next. On Sunday, May 23, bitcoin prices have dropped to a low of $31,107 and bears have managed to take the reigns for […]
Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...
[článek] Krátké vlny: Jak má Národní plán obnovy posunout digitalizaci Česka
20.5.2021
[13 minut čtení] Národní plán obnovy částečně obsahuje projekty a investice, které už delší dobu leží na ministerstvech v šuplících. To ale neznamená, že jsou špatné. V pondělí 17. května 2021 vláda schválila materiál s názvem Národní plán obnovy (NPO), který je národní odpovědí na evropské...
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
17.5.2021
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the creator of the notorious stock-to-flow cross-asset (S2FX) price model, Plan B, shared his model and said the S2FX...
Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset
15.5.2021
The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine...
Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
14.5.2021
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square...
India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report
14.5.2021
India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions. RBI Asking Banks...
Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
14.5.2021
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about...
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
Bank of Israel Drafts Model of a Digital Shekel
13.5.2021
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at...
Uniqly Enters the NFT Market With a Remarkable Performance
12.5.2021
It’s been a while since the crypto market has seen such a promising project, something that has a clear basis on a real market need and a long-term plan to stay relevant and bring value to customers, investors, and users alike. Uniqly.io aims to do exactly that, giving real-world value...
Mastercard Payment Index: More Consumers in Three African Countries Plan to Use Crypto Based Payment Methods
12.5.2021
According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to...
Israel's central bank floats possible digital shekel with new action plan
11.5.2021
The bank has been exploring the introduction of a CBDC since 2017
UBS Has A Crypto Plan, Ethereum ETF + More News
10.5.2021
Source: iStock/Rafael_Wiedenmeier
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Swiss banking giant UBS Group AG is in the early stages of planning to offer wealthy...
Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin
10.5.2021
Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going...
Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH
9.5.2021
Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s...
Reeling from post-hack price slump, Easyfi reveals community compensation plan
8.5.2021
Stablecoins, IOU tokens, and future incentive programs are coming down the pipe for jilted investors
40% of Surveyed Individuals Plan to Use Crypto Within a Year - Mastercard
5.5.2021
Amid a surging interest in cryptocurrencies as a payment method observed across the world, 40% of surveyed individuals said using crypto is in their plans for the next year, according to a recent survey commissioned by payments giant Mastercard.
The survey of some 15,569 people, conducted online...
Mastercard Finds 4 in 10 People Plan to Use Cryptocurrency in the Next Year
5.5.2021
Global payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries and found that 4 in 10 people plan to use cryptocurrency in the next year. Meanwhile, 93% of people will consider using at least one emerging payment method, such as cryptocurrency. Mastercard’s Crypto...
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
4.5.2021
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans...