Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says

Bitcoin (BTC) has rallied nearly 60% to around $27,000 in 2023 amid anticipations that the Federal Reserve would pause its quantitative tightening amid the U.S. banking crisis. Still, BTC price has failed to move beyond $30,000 decisively.Buying exhaustion at this key psychological level led to a price correction toward $25,000 over the past week. Interestingly, the decline…

With the halvings for Bitcoin Cash (BCH) and Bitcoin SV (BSV) failing to drive a surge in demand, it appears that their block halvings may turn out to be non-events.Despite their halvings, BCH and BSV exhibited normal volume, and strong correlation with the crypto markets at large.Bitcoin forks fail to attract demand heading into halvingsWhile…

Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. 216 Total views 3 Total shares Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD…

Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies. 482 Total views 36 Total shares Own this piece of crypto history Collect this article as NFTThe United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have hit former Alameda Research CEO Caroline Ellison and…

Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. 1759 Total views 131 Total shares The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet. At the event, Zuckerberg…

Cardano has come under fire from critics for delays in the rollout of features and network upgrades. This slower-paced cadence, however, appears to be a badge of honor to Cardano Foundation CEO Frederick Gregaard, who said that the network is “boring,” considering the platform’s academic approach.“Cardano is boring. We are boring because we are based

Many claimed Gerald Cotten had faked his death and absconded with millions in crypto, even briefly demanding his body be exhumed. 230 Total views 17 Total shares Online streaming platform and production company Netflix will be producing a film on deceased crypto exchange QuadrigaCX founder Gerald Cotten.In a Sept. 23 tweet from Netflix, the platform…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekAnalysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking…

“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction.