A third of central banks cool on launching CBDCs over regulatory concerns

According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said, “any such crowding out of gold as an 'alternative' currency implies big upside for Bitcoin over…

Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues. 36 Total views 1 Total shares Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns. In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some

Neither the crypto bear market of 2018 nor the current mainstream financial crisis have stopped crypto exchange Binance from expanding. Over the past three years, Binance has expanded its operation, even through a major crypto bear market. This trend has continued into the current coronavirus-induced mainstream financial crisis."We always continue to expand even during the…

While the ETF approval process could be delayed until 2025, it could be Ether's most significant price catalyst.

Messari adds 10 new exchanges to its ‘real volume’ metric and overhauls methodology. 1119 Total views 30 Total shares Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology.The ranking is an attempt to rank exchanges without including any wash trading…

Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United Kingdom, never-ending uncertainty shrouds Brexit, with politicians in Westminster and Brussels at an impasse over the country’s imminent departure from the…

Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick.After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks.Some of the lowest volatility in history means that Bitcoin has found a…

Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market, XRP, has acquired payments platform Logos Network to develop decentralized financial (DeFi) products.Per a Sept. 27 blog post, Ripple’s Xpring initiative, the company’s investment arm, has onboarded Logos Network. Logos Network is a distributed ledger-based payment platform that focuses on speed and…

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.