Bitcoin rally to continue until end of 2025 — Analyst
Bitcoin’s historic $100,000 milestone comes despite sluggish momentum in oil, gold and the S&P 500 index.
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Credit unions warn about the cost of developing a CBDC
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders. 78 Total views 32 Total shares A United States-based lobbying group has raised a voice against developing a central bank digital currency (CBDC) in the United States. The National Association of Federally-Insured Credit Unions (NAFCU) believes the…
Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack
Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns out the platform is still under maintenance, or so the company says.Meanwhile, Cointelegraph has received exclusive details from stakeholders reportedly affected by the situation. These reports, for the most…
FBI is launching team to address crypto exploitation: US Deputy Attorney General
“The currency might be virtual, but the message to companies is concrete: if you report to us, we can follow the money and not only help you, but hopefully prevent the next victim," said Lisa Monaco. 855 Total views 8 Total shares U.S. Deputy Attorney General Lisa Monaco has announced that the Federal Bureau of…
ECB wants final say on the legal status of private stablecoins in the EU
The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem. 1914 Total views 8 Total shares The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission.According to Reuters, the ECB has asked EU lawmakers for veto powers concerning…
BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in the DeFi ecosystem was filled with ups and downs, from the United States Commodity Futures Trading Commission’s (CFTC) investigation into multiple DeFi protocols to
Fed Chairman: ‘No One Uses It’ — Bitcoin a Speculative Asset Like Gold
The Chairman of the United States Federal Reserve has said that a globally adopted cryptocurrency system could conceivably remove the need for reserve currencies. Testifying before the Senate Banking Committee on July 11, Fed Chairman Jerome Powell gave his analysis of whether a cryptocurrency system with global prevalence could diminish — or even go so far…
Crypto Markets Trade Sideways, Gold Tries to Find Direction Ahead of Trump Address
Tuesday, Feb. 5 — cryptocurrency markets are trading sideways and reporting mild losses. Bitcoin (BTC) is struggling to stay in the green, while other major coins are experiencing a downward trend.Market visualization from Coin360The leading digital currency BTC is trading at around $3,468 at press time, having gained a modest 0.16 percent on the day.…
Post-Merge Ethereum: Grayscale extends review of ETHPoW decision
Grayscale will take 180 days at max to decide whether, when and in what manner to sell ETHPoW on behalf of the record date shareholders. 678 Total views 3 Total shares Own this piece of history Collect this article as an NFTCryptocurrency investment firm Grayscale Investments is taking more time to decide whether it should…