In a sign of worldwide growing adoption, central bank digital currencies (CBDCs) programs are currently underway in many countries. West African giant Nigeria appears to be the latest entrant in a field that is garnering much attention. Digital Naira in the Works The Central Bank of Nigeria (CBN) is planning on launching a digital version …
Continue reading “Nigeria’s Central Bank Considers Digital Naira Amid Bitcoin Crackdown”
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted …
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately, President Hassan Rouhani said on Wednesday in a televised speech at a …
Continue reading “Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify”
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services in the region, executives from some of China’s largest bitcoin …
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of GHX, being available to trade on the 27th May 2021 at 10:00AM UTC. GHX (GamerCoin) was created by the GamerHash team, as an incentive for the miners within the app and as a reward for carrying out the tasks on the Play&Earn module. GHX …
Continue reading “GamerHash (GHX) Token Is Now Listed on Bitcoin.com Exchange”
The governor of Colorado, Jared Polis, has said that he is making plans for the state’s residents to accept crypto payments. According to Polis, he is optimistic that the launch will happen soon. At the Consensus 2021 virtual conference organised by CoinDesk, the governor stated that “I’d be thrilled to be the first state to …
Continue reading “Colorado Governor Announces Plan to Accept Crypto for State Taxes”
The money printer is going brrr in the United States. Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden’s new $6 trillion federal spending budget proposal is unveiled. On May 28, the United States president will announce the massive fiscal policy, …
Continue reading “Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget”
Steps are being taken to ensure green Bitcoin options for investors, but this may only serve as a short-term solution to a long-term problem. Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount …
Continue reading “Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto”
SEC head Gary Gensler said that the authority spends only $325 million per year on tech, which is less than some industry players spend in two weeks. The United States Securities and Exchange Commission is looking to cooperate with Congress and other regulators to increase its oversight of cryptocurrency exchanges. Gary Gensler, the newly appointed …
Continue reading “US SEC wants to work with Congress to regulate crypto exchanges”
The Austrian post is set to incorporate near-field communication to its award-winning nonfungible token digital postage stamp. Oesterreichische Post AG — Austria’s postal service — is set to adopt even more digital technology protocols for its nonfungible token (NFT) postage stamps. In a recent announcement, the Austrian Post revealed plans for incorporating near-field communication (NFC) chips …
Continue reading “Austrian Post combines NFT and NFC tech for digital postage stamp”
Apple has listed a new job posting stating that it is looking to hire a business development manager with experience in the crypto sector. The new manager will head the firm’s alternative payments partnership program. The job posting also stated that the candidate needed to have at least a decade of experience in the sector …
Continue reading “Apple Looking into Crypto Job Posting Confirms – Time to Invest in Bitcoin?”
Analysts such as those from Goldman Sachs have argued that Ethereum (ETH) will soon surpass Bitcoin (BTC) as a store of value. However, others are equally adamant in the belief that this will not happen and that Bitcoin will retain its dominance in the broader crypto market. Because the crypto market is highly volatile, it …
Continue reading “Here’s Why Ethereum (ETH) Won’t Overtake Bitcoin – Buy BTC Now?”
55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies. Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis …
Continue reading “Lack of knowledge is main barrier to crypto adoption, new survey says”
New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC, but there may be a catch. The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from …
Continue reading “Number of Bitcoin wallets holding 100-1K BTC soars after Tesla’s $1.5B buy-in”
Hong Kong citizens are using a blockchain system to fight back against the government’s attempts to erase and overwrite the history of recent years’ anti-authoritarian struggles. Blockchain’s potential to sustain a distributed, tamper-proof infrastructure for collective digital memory has taken on an unexpected political salience for citizens in Hong Kong. Soon after Hong Kong’s public …
Continue reading “Hong Kongers use blockchain to save evidence of anti-authoritarian struggles”
