Bank of Canada just says no to retail CBDC in reshuffling of priorities

Neil Bush is alleged to have received $300,000 to attend a meeting involving OneCoin co-founder and current fugitive Ruja Ignatova, known as the "Cryptoqueen."As Law360 reported on Nov. 15, testimony in a U.S. District Court for the Southern District of New York contained allegations against Neil Bush, brother of former President George W. Bush and…

Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of Bitcoin futures long positions worth about $190 million on Binance within an hour, the largest to date.In a strong uptrend,…

With Joe Biden being declared the next President of the United States, Ripple CEO Brad Garlinghouse is making sure his company’s messaging aligns with the new administration. 1138 Total views 10 Total shares Ripple CEO Brad Garlinghouse thinks corporations converting cash to Bitcoin (BTC) could be making a costly mistake as a more environmentally-conscious Biden…

Bitcoin (BTC) starts the new week with optimism as traders greet the first green weekly candle in over a month.BTC price strength appears to be gradually improving after a weak August and start of September, with BTC/USD climbing toward $27,000.A solid weekly close provides the backdrop to what promises to be an interesting few days

Bitcoin (BTC) trading OG Arthur Hayes now predicts an up to 40% BTC price crash in March.In a blog post on Jan. 4, the former CEO of crypto trading giant BitMEX warned readers of a week of turmoil due to hit financial markets.Hayes on BTC price: “I could easily see a 30% to 40% correction”Bitcoin

Bitcoin (BTC) and crypto markets saw fresh volatility on Nov. 10 after stablecoin Tether (USDT) unpegged from the U.S. dollar.USDT/USD 1-day candle chart (Binance U.S.). Source: TradingViewTether exec: "No issues" with USDTData from Cointelegraph Markets Pro and TradingView showed USDT hitting lows of $0.971 on Bitstamp on the day amid fears that the largest stablecoin…

Cardano's (ADA) impressive 816% gain in 2021 catapulted the smart-contract platform's market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, Ether (ETH), held the same valuation just six months ago.As Cardano's price evolves, so do its derivatives markets, and the nearly $1 billion futures open interest…

The emirate’s free trade zone has its own legal system and courts. Now its crypto regulations have been augmented and extended to all tokens recognized in the zone. 288 Total views 4 Total shares The Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the…

Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. 2657 Total views 17 Total shares Rune Christensen, founder and CEO of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase toward more…