Cambodia’s Bakong Tourists app boosts regional payment options
The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand.
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Turkish investors prefer crypto over real estate and stocks — Survey
An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies.
GBTC premium matches Bitcoin price crash levels as unlocking fear fades
Funds are flowing back into GBTC, data suggests, as CEO Sonnenshein reiterates plans to turn Grayscale crypto funds into ETFs. 910 Total views 13 Total shares The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May.Data from analytics resource Bybt shows…
Can artificial intelligence create more jobs?
Artificial intelligence (AI) can increase productivity, boost economic growth, alter existing occupations and generate new ones. Without a doubt, AI will result in some job displacement in the short term, but there are numerous reasons to think that AI will also contribute to creating new jobs and economic growth in the long run. Artificial intelligence…
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said. 1272 Total views 37 Total shares Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto,…
Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst
Bitcoin (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI print will make Fed "slow down"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded sideways after the close of trading on Wall Street.The pair looked set for a quiet weekend,…
EOS Hard Fork in 10 Days, Major Updates for Tron, Neo: CT Analytics
Cointelegraph Analytics team released a summary of the most anticipated upcoming events for major coins including EOS, Tron (TRX) and Neo (NEO).EOS to have its first hard fork on Sept. 23EOS, the 7th biggest cryptocurrency by market cap, is expected to have its first consensus upgrade on Sept. 23, as EOS block producers (BPs) agreed…
Bitcoin Price Holds $8.5K Support as Coronavirus Fears Tank Global Markets
Today Bitcoin bulls found their resolve and are attempting to reverse the digital asset’s course even as equities markets across the globe continue to drop on the realization that Coronavirus is a real threat that will stay with us for some time.The Dow Jones Industrial Average closed with a decline of 1,100 points (4.4%) and…
Bitcoin’s Correlation With S&P500 At 2-Year High Amid the Coronavirus Crisis
Bitcoin’s (BTC) correlation with the S&P 500 is at a 2-year high. This is a bearish sign for the cryptocurrency market.Cryptocurrency market research firm, Santiment, pointed out that the recent market downturn resulted in a high correlation between Bitcoin and the traditional financial markets in a March 20 tweet.According to Santiment, Bitcoin’s correlation with traditional…