BIS inaugurates Toronto Innovation Centre with Bank of Canada
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.
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Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%. 2143 Total views 15 Total shares Ether (ETH), the largest altcoin by market capitalization, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies.ETH/USD 1-hour candle chart (Bitstamp). Source:…
Ethereum ETF sell-off signals more trouble — 10x Research
According to insights from 10x Research, the recent launch of Ethereum ETFs triggered a sell-off and revealed shifting market dynamics.
US Firm Plans $100 Million ICO to Fund Electric Vehicle Production in Africa
Alternet Systems Inc (ALYI), an energy storage, military application, and electric motorcycle firm, has entered into a new partnership to launch a cryptocurrency dedicated to funding electric vehicle projects in Sub-Saharan Africa, according to a March 11 announcement.While Alternet did not name the company it has partnered with, Alternet Systems revealed that the cryptocurrency has…
UK inflation rate hits 10.1%, British Bitcoin community responds
The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom. 356 Total views 2 Total shares Prices in the United Kingdom continue to rise, hitting another 40-year high of 10.1%. According to figures from the U.K’s Office for National Statistics, the Consumer Prices…
Crypto firms not meeting AML standards, says UK minister
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year. 3098 Total views 2 Total shares Cryptocurrency businesses in the United Kingdom have been struggling to meet Anti-Money Laundering standards set by the Financial Conduct Authority, according to a senior official.John Glen,…
How NFTs are making real estate investments more attainable
Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so many plots of land available in the world today unless explorers move…
Major Coins Report Mixed Signals, Bitcoin Hovers Around $11,700
Tuesday, Aug. 6 — Major cryptocurrency markets have continued suffering losses over the past several hours as Bitcoin (BTC) has come back down to around $11,700 after a jump to $12,300 earlier today.Market visualization. Source: Coin360BTC has effectively returned to its level of 24 hours ago to trade at around $11,759 at press time. During…
Binance.US market share drops below 1% amid regulatory lawsuit: Report
The U.S. market share of Binance.US has reportedly dropped amid a Securities and Exchange Commission lawsuit, while Coinbase’s rose roughly 7% in June. United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators.According to a July 5 report from Reuters citing data from…