Bitcoin could hit $160K in 2025, fueled by improving macro conditions
An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.
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RippleNet to Boost Remittances Across Asia WIth New Partnerships
A group of South Korean money transfer and remittance companies has joined Ripple’s blockchain-based financial services network RippleNet to bolster the remittance market in the country.In a Feb. 25 announcement, Ripple revealed that South Korea-based money transfer service providers Sentbe and Hanpass, and mobile and online based cross-border remittance services firm WireBarley have begun using…
Bank of America CTO Catherine Bessant: I’m Privately Bearish on Blockchain
A senior executive at Bank of America (BoA) is not bullish on blockchain despite the bank holding more patents than any other finance firm, CNBC reported on March 26.Speaking to the publication in an interview, chief technology officer Catherine Bessant said that even though the bank’s official stance on the technology was palpably buoyant, her…
Billionaire investor Bill Ackman says ‘crypto is here to stay’
Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout. 400 Total views 4 Total shares Billionaire investor and hedge fund manager Bill Ackman says he remains bullish about cryptocurrencies, despite the recent collapse of the FTX cryptocurrency exchange and the market turmoil…
Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey
Almost three-quarters of German consumers would not use Facebook's planned digital currency, Libra, according to a recent poll.Only 27 percent considers using LibraOn Oct. 17, Cointelegraph auf Deutsch reported that out of 2000 questioned Germans, aged 16 and over, only 27 percent would ever consider using Facebook’s Libra stablecoin as a means of payment at…
Ethereum Classic Blockchain Splits Due to Reorg by a Single Miner
Ethereum classic was attacked? ETC network briefly goes down for maintenance, diagnosis report explains what happened. 1194 Total views 13 Total shares On August 1, several figures associated with Ethereum Classic (ETC) took to Twitter to inform the community of issues with the ETC blockchain. Among the first was Ethereum Foundation member Hudson Jameson who…