Bitcoin braces for CPI, FOMC as exchanges shed $1.2B of BTC in a day
BTC price action may not inspire hodlers into a new U.S. macro data deluge, but behind the scenes, appetite for Bitcoin is alive and well.
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Overstock’s Medici Ventures Invests in Decentralized Social Network
Overstock’s venture capital subsidiary Medici Ventures has invested in decentralized social network Minds, Inc. (Minds.com), according to a press release shared with Cointelegraph Oct. 22.Founded in 2011, Minds is a decentralized social networking platform that rewards users for their activity online via cryptocurrencies, revenue, and views of their content. Recently, Minds launched its native crypto…
What it’s like when the banks collapse: Iceland 2008 firsthand
Many Bitcoiners look forward to the day in the future when the banking system collapses and hyper-Bitcoinization occurs.But Jared Bibler — an American who experienced the most dramatic banking and share market collapse in living memory in Iceland in 2008 — says the reality is something no one would ever want to experience.“It’s a deep…
Coinbase Exec Joins Stablecoin Issuer TrueUSD as Head of Compliance
A former senior employee at United States crypto exchange Coinbase has left the industry giant to join stablecoin issuer TrustToken as head of compliance, according to the company’s official website Jan. 4.Vaishali Mehta, whose LinkedIn profile indicates she served just over a year as senior compliance manager at the major San Francisco-based exchange, reportedly joined…
US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon
“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks," said Jerome Powell. 704 Total views 33 Total shares At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the…
The ongoing NFT boom: Can supply of nonfungibles outweigh demand?
Nonfungible tokens, or NFTs, have taken the cryptocurrency sector by storm in 2021. The growing interest in these digital collectibles resulted in record-breaking trading volumes during the month of August, with individual NFT sales exceeding more than $1 million dollars on a regular basis. Yet with so many NFTs currently on the market, it can be difficult…
Europe’s crypto industry can ‘sleep better at night’ with new parliament
The European elections have formed a new EU Parliament that will rule for the next five years.
Chinese search engines block results for top crypto exchanges
Typing in the keywords for crypto exchanges Binance, OKEx and Huobi on Chinese search engines is currently pulling up no results. 2299 Total views 1 Total shares China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews have both claimed that as of Wednesday, search…
EU finance chief says digital euro bill coming in early 2023
The European Union’s finance chief announced that a bill introducing a digital euro will be hitting tables in European parliament as early as 2023. 256 Total views 23 Total shares The European Commission has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief…