Bitcoin
A recent publication by cryptocurrency rating agency - Weiss Ratings indicates that anticipation of a post-covid world could be fueling investors move to Bitcoin as a safe-haven asset; while other traditional assets like gold lose their attraction. According to the post by Weiss analysts, the global market reaction to recent
Bitcoin
With the race for central bank digital currencies (CBDC) heating up globally, Germany's Minister of Finance has urged the European Central Bank (ECB) to fast track its development of a digital euro. According to reports by Reuters, finance minister Olaf Scholz wants the ECB to move faster with
Education & News
Yearn Finance founder Andre Cronje announced new “mergers” taking place for his decentralized finance protocol. One of the newest high-profile “mergers” is with market coverage provider Cover. Yearn Finance Shoots for Growth In a blog post, Cronje states that the merger will be natural. It will involve collaboration between Yearn
Education & News
The proposed Libra stablecoin by social media giant Facebook could go live by January 2021, according to a report by The Financial Times. The FT report cites confirmation from three people involved with the project. According to one of its sources, the Libra digital currency will be released in phases
Bitcoin
China's President XI Jinping has called on leaders of G20 countries to move forward with the adoption and development of Central Bank Digital Currencies (CBDCs). Speaking at the 15th meeting of the world's largest developed economies held in Riyadh, Saudi Arabia; President Xi discussed the importance
Africa
The Federal Ministry of Finance, Nigeria has announced plans to collaborate with the Securities and Exchange Commission (SEC) to develop a regulatory framework for cryptocurrency trading and usage in the country. Announced November 24 at the "Fintech In Nigeria: State of Play" Conference, special adviser to the Finance
Bitcoin
Ripple is hiring a chief economist to help it to create a strategy for its XRP holdings. The chief economist could be responsible for the digital payment firm's jaw-dropping 54,642,632,616 XRP holdings. Chief Economist Vacancy at Ripple The chief economist hired by Ripple will be
Bitcoin
Bitcoin has enjoyed a stellar performance over the last few months with record highs, encouraging more people to invest in the apex cryptocurrency. It was only a matter of time till investors took profits, causing the price of Bitcoin to fall by $2000. Bitcoin Falls by $2000 If there is
Bitcoin
Chief Executive of business intelligence firm, Michael Saylor recently disclosed information on billionaires who could increase the value of Bitcoin by three times its current amount. The behavior of Billionaires Influence Bitcoin Value In an interview on YouTube, he explains the effects on investor behaviour that billionaires can have in
Bitcoin
A report by crypto investment firm Pantera Capital reveals that a Bitcoin shortage is the main cause of the recent increase in the price of the apex cryptocurrency. According to the report, PayPal has acquired most of the newly minted BTC. PayPal Causes Bitcoin Shortage PayPal's appetite for
Bitcoin
A leaked Citibank report predicts that the price of Bitcoin could hit a high of $318,000 by December 2021. The analyst who made the prediction called the cryptocurrency "21st century gold.". Analyst Predicts the Bitcoin Price The price of Bitcoin shot past $18,000 per Bitcoin this
Bitcoin
Rick Rieder, Blackrock's Chief Investment Officer, said cryptocurrency like Bitcoin "is here to stay,". He suggests that Bitcoin is a durable mechanism that might substitute gold. Investment Officer Believes in Bitcoin In an interview with CNBC's Squawk Box on Friday, Rick Rieder, Blackrock'