Bitcoin futures metric adds $1.2B after FOMC, but retail investor spending is down 50% — Why?

This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program. 846 Total views 14 Total shares The Central Bank of the Bahamas has announced the country’s “Sand Dollar” — a state-backed virtual currency — is now available nationwide.According to an Oct. 20 Facebook post…

"If I had a Dogecoin for every crypto scam I saw..." said the Tesla CEO to a TED Talk crowd in Vancouver. 148 Total views 19 Total shares With a net worth of reportedly more than $300 billion, Elon Musk said he could “technically afford” to purchase Twitter outright, but also had plans to change…

Optimism keeps flowing around Solana, with even current record levels still attractive as a buy-in. 230 Total views 40 Total shares Solana (SOL), the in-house token of decentralized computing platform Solana, continued major gains on Tuesday to become a top 10 cryptocurrency.SOL/USD 1-hour candle chart (FTX). Source: TradingViewSOL becomes top-10 market cap cryptoData from Cointelegraph…

The world's third-largest cryptocurrency continues to gain traction across the globe. 546 Total views 10 Total shares Binance, the world's largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after…

The Hong Kong Monetary Authority (HKMA) has revealed it is conducting research into applications for a central bank digital currency (CBDC).Ejinsight reported on the news — announced during the Hong Kong Fintech Week — on Nov. 7. HKMA reportedly aims to release a major report on its findings in Q1 2020. Collaboration with the People’s Bank…

Bitcoin (BTC) circled lower after the Sept. 21 Wall Street open as $20,000 BTC price predictions resurfaced.BTC/USD 1-hour chart. Source: TradingViewBitcoin analysis: Hype, FOMO and a “slow grind” to $28,500Data from Cointelegraph Markets Pro and TradingView covered a lackluster 24 hours for BTC price action, with $27,000 fading from view.The aftermath of the United States

The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. 254 Total views 3 Total shares The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfully, the report said, and it…

The recently reintroduced Token Taxonomy Act (TTA) will create a de minimis tax exemption for crypto transactions under $600, according to the executive director of Coin Center, Jerry Brito, at Consensus 2019 on May 13.The de minimis tax exemption stipulates that if a crypto owner experiences a capital gain up to $600 of crypto, then…