CPI data to drive 'favorable impact' on Bitcoin prices — 21Shares

The European Securities and Markets Authority released an article on decentralized finance and its risks for the EU market. 156 Total views 6 Total shares The European Securities and Markets Authority (ESMA) — the European Union’s financial markets supervisory authority — released an article on decentralized finance (DeFi) and the risks it poses to the EU

The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website.In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users will be able to withdraw funds from the exchange until the last day of operation, but deposits…

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…

A week of solid gains for investors is sparking changes at CME, data shows as $9,500 continues to hold. 2602 Total views 20 Total shares Bitcoin (BTC) derivatives have returned to the spotlight this week as price moves appear to spark a surge in open interest.Data from on-chain analytics resource Skew showed open interest for…

Ethereum (ETH) co-founder Vitalik Buterin does not believe that the popular stock-to-flow model is useful for predicting the Bitcoin (BTC) price.In a Twitter debate on Feb. 27, Buterin became the second well-known figure to criticize stock-to-flow, which calls for BTC/USD to trade at an average $100,000 between 2021 and 2024.Buterin: stock-to-flow forecasts “part of the…

Two major Brazilian banks have reopened the banking accounts of one of the local crypto exchanges experiencing banking issues recently, local crypto outlet Portal do Bitcoin reports Wednesday, Oct. 31.The preliminary decision to reopen accounts in major banks Banco do Brasil and Santander Brasil for local crypto exchange Bitcoin Max was granted by the Federal…

Blockchain’s potential to disrupt the financial landscape is evident. Even at this early point in the technology’s development, established institutions — including banks and governments — have been quick to note this potential for disruption, and equally quick to attempt to limit its impact. However, despite the obvious utility, and many current and fascinating applications of…

The new head of Blockchain Australia, Steve Vallas, has announced that he will focus on building up confidence in blockchain and improving the image of blockchain technology among businesses and governments.Vallas replaces Nick Giurietto who led the association over the last five years. He has worked as an industry coach and mentor for multiple universities…