Bitcoin has a good chance of becoming the world reserve currency, although we are “at least ten years away from that”, said Kraken’s head of growth Dan Held in an exclusive interview with Cointelegraph. According to Held, the transition to an “hyperbitcoinization” — a world where Bitcoin is adopted by billions users — starts with …
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Bitcoin (BTC) and the U.S. dollar fell in tandem while the S&P 500 refreshed its record high at open on Friday as the Federal Reserve’s preferred inflation indicator surged to its highest levels in almost three decades. According to data shared by the US Bureau of Economic Analysis, the US Core Personal Consumption Expenditure (PCI) …
According to a release issued on Friday, the inclusion of stablecoins is part of a broader integration with the Celo (CELO) network. Opera says the move will enable greater payment flexibility for millions of its users around the world. Celo’s stablecoins are tied to their respective fiat currency pegs with both cUSD and cEUR reportedly …
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Cointelegraph is delighted to announce a nonfungible token charity auction in partnership with the Rotary Foundation and the Binance cryptocurrency exchange. Binance will feature the celebrity-themed charity campaign on its newly launched NFT marketplace, aiming to generate donations supporting financial education for children and training for physicians coping with COVID-19 emergencies. The charity auction will …
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Cardano founder and IOHK CEO Charles Hoskinson is interested in bringing Cardano (ADA) to El Salvador. On the heels of El Salvador’s move to embrace Bitcoin as legal tender, Hoskinson is making an effort to bring the smart contract platform to the nation as well. ADVERTISEMENT Hoskinson says he’s applied for a state visit to …
Bitcoin (BTC) fell precipitously on Friday after a rejection above $35,000 sparked a rout toward familiar support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin heads back toward $30,000 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it shed over $2,500 during trading on Friday. The pair had hit local highs of $35,400 …
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The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working on directives from the country’s federal government that could see a reversal of its November 2019 crypto ban. As previously reported by Cointelegraph, president …
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Palestinian Monetary Authority (PMA) Governor Feras Milhem has revealed that the proto-central bank — which does not issue a domestic currency and operates under highly restrictive political and economic conditions — is exploring the idea of issuing a Palestinian digital currency. Raja Khalidi, director of the Palestine Economic Policy Research Institute, told Bloomberg that “the …
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Coinbase is bringing new crypto assets to its users at a rapid rate. The leading US exchange says it’s now supporting the crypto assets BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) on Coinbase Pro. ADVERTISEMENT Trading on BOND-USD, LPT-USD and QNT-USD order books will launch in three phases: post-only, limit-only and full trading. Coinbase says …
Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan. On Friday, the Financial Services Agency (FSA) issued a warning to Binance, accusing the company of offering crypto exchange services in the country without registration. The agency also served a similar warning to crypto derivatives trading platform Bybit back …
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The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations. According to Bloomberg, crypto firms are finding it somewhat difficult to find the right candidates to fill job openings as these firms look to expand their operations across the globe. The competition for skilled …
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Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local companies as part of four new programs in the city’s Innovation, Technology …
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Ripple blockchain’s native token, XRP, could make a full bearish price swing against Bitcoin (BTC), per a classic technical indicator. Dubbed as Head and Shoulders (H&S), the pattern develops when an asset forms three peaks atop a common baseline. The outside peaks, known as Shoulders, are close in height, while the middle one, called the Head, …
Billionaire investor and business tycoon Mark Cuban’s Ethereum wallet is becoming increasingly inundated with altcoin allocations. According to on-chain data, the Shark Tank star’s Ethereum wallet currently holds 115 altcoins, ranging from heavyweight frontrunners to relative unknowns. ADVERTISEMENT The wallet’s holdings don’t confirm that he’s invested in all 115 projects, however, as many of …
Los Angeles-based rapper The Game, also known as Jayceon Taylor, is facing a $12 million judgment for his role in Paragon Coin Inc — a crypto firm alleged to have engaged in an unregistered initial coin offering (ICO) four years ago. Taylor publicly endorsed the Paragon Coin ICO on social media back in 2017. Paragon …
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