The central bank of France — Banque de France — is continuing its work on the development of a European central bank digital currency (CBDC). On Monday the bank officially announced the successful completion of a CBDC experiment with major Switzerland-based cryptocurrency bank SEBA. Conducted in collaboration with SEBA, Banque Internationale à Luxembourg, and Luxembourg central …
Continue reading “Banque de France tests digital currency-based securities settlement”
Input Output Hong Kong CEO Charles Hoskinson is sharing his views on how Cardano is different from its competitor Polkadot. In a new interview, Hoskinson tells artificial intelligence researcher Lex Fridman that Cardano (ADA) holds key fundamental advantages over blockchain ecosystem Polkadot (DOT). ADVERTISEMENT “The big contrasts between the two systems though, we actually …
Altcoin Daily host and crypto analyst Aaron Arnold is spotlighting a new under-the-radar altcoin, as the crypto markets continue to correct and Bitcoin trades around $35,000. In a new video, Arnold tells his 848,000 subscribers that he is investing in decentralized finance (DeFi) protocol Formation Finance (FORM). Formation FI is a cross-chain DeFi platform that …
Continue reading “Top Analyst Says He’s Investing in One Untapped Altcoin Amid Crypto Correction”
Bitcoin (BTC) is lower going into a new week’s trading — Monday has seen a test of levels below $33,000 and bulls are struggling. What could be next? With bullish short-term voices few and far between, it seems that cryptocurrency just isn’t of interest to investors right now. Against a backdrop of macro market uncertainty, …
Continue reading “China’s 3rd largest bank ‘rugs’ BTC: 5 things to watch in Bitcoin this week”
Frank McCourt, a billionaire real estate mogul and former owner of the Los Angeles Dodgers, is backing a new effort for a decentralized social media project based on blockchain technology. McCourt is investing $100 million into an attempt to reinvent the foundations of social media by building a publicly accessible database of people’s social connections …
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The Ministry of Interior of the Islamic Republic of Iran has blocked the activities of the Iran Blockchain Community (IBC), but the association claims they still haven’t received direct notice. The Social Affairs Organization of the Ministry required reports on IBC’s financial performance and dealings with cryptocurrency exchanges via a notice posted in local newspaper …
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Bitcoin (BTC) shed $1,000 in minutes on June 21 as fresh news from China succeeded in routing bulls yet again. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3rd biggest Chinese bank warns on crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows beneath $32,500 on Monday. The cause, which disturbed a day …
Continue reading “Bitcoin price dips to $32.5K on ‘consistent’ new China FUD”
HodlX Guest Post Submit Your Post In addition to being a distributed database of records enabling digital innovation in the financial markets via cryptocurrency, blockchain technology has attracted the gaze of the business fraternity for quite some time now. In its basic form, blockchain already offers a secure record in the form of distributed ledgers, …
Continue reading “Beyond Bitcoin and Ethereum – Value Drivers Advancing Blockchain Adoption”
A Dogecoin-donned race car hit a wall in spectacular fashion over the weekend as DOGE fared much the same in the markets. Saturday’s National Association for Stock Car Auto Racing (NASCAR) Xfinity Series Race in Nashville ended in disaster for the Dogecoin sponsored car, with the DOGE-emblazoned Chevrolet Camaro driven by Stefan Parsons smashing into …
Continue reading “DOGE dumps as Dogecoin-sponsored NASCAR driver crashes”
European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of data on their users. “We are not like private companies,” the board member …
IOHK CEO and Ethereum co-founder, Charles Hoskinson, has argued that Bitcoin sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour Podcast with computer scientist and AI researcher, Lex Fridman, the Cardano founder argued that proof-of-stake networks offering superior speed and functionality over the …
Continue reading “Bitcoin is ‘own worst enemy’ and will lose to Ethereum: Charles Hoskinson”
The 29-year-old billionaire CEO of crypto derivatives exchange FTX considers the meme cryptocurrency Dogecoin (DOGE) the asset of the year. In a new interview on The Jax Jones and Martin Warner Show, Sam Bankman-Fried explains how economic conditions in the past year have pushed retail investors to bet on the Shiba Inu-themed crypto asset. ADVERTISEMENT …
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Crypto insights platform Santiment believes that one of 2021’s top altcoins could be reigniting its boom cycle. In a new tweet, Santiment tells its 70,700 followers that layer 2 Ethereum-scaling solution Polygon (MATIC) is starting to flash bullish signals after the meltdown in May that saw its price collapse over 70% from the all-time high …
Cryptocurrency investment platform Amber Group has added $100 million to its coffers following a successful Series B fundraiser, bringing its total pre-money valuation to $1 billion — a major milestone for the firm as it enters its fourth year of operations. The cash injection will be used to “expand global operations to meet client demand …
Continue reading “Crypto-finance company Amber Group valued at $1B following $100M raise”
In an interview with CNBC on June 14, legendary investor Paul Tudor Jones sounded the alarm over advancing inflation. After last week’s consumer price index (CPI) report showed that United States inflation had hit a 13-year high, the founder of Tudor Investment advocated for a 5% Bitcoin (BTC) portfolio allocation. Mutual Fund companies ranked by …
