Iran to launch public CBDC pilot in June

Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future. 1752 Total views 13 Total shares Billionaire hedge fund manager Stanley Druckenmiller has forecast the possibility of a crypto-derived ledger system overtaking the U.S. dollar as a global reserve currency. The hedge…

Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019. 766 Total views 27 Total shares Seychelles-based exchanges led the world in cross-border Bitcoin (BTC) transactions in 2019. What Switzerland is to the world of watchmaking, Seychelles is to the world of crypto exchanges.The small island nation with a total population of…

The Bitcoin (BTC) price increased from $7,700 to $9,500 overnight, increasing by 23%, according to Coinmarketcap, in less than 24 hours. The three main factors that catalyzed Bitcoin’s recent rally are record-high spot exchange volume, a breakout above historical resistance levels, and a noticeable rise in institutional demand.Spot exchanges drove Bitcoin to $9,500, not the futures…

Alexis Ohanian, co-founder of Reddit and known crypto bull, claimed that the crypto hype is gone, leaving space for true crypto believers. Ohanian spoke on the subject in an interview with Yahoo Finance released on Feb. 22.When asked if he is still a big believer in crypto, Ohanian acknowledged that the current state of the…

The Spanish-speaking world has seen major cryptocurrency and blockchain developments with the Argentinian tax agency applying taxes to transactions with e-wallets, the central bank of Argentina tightening its restrictions on exchanges, and the Dash Latam community ceasing its operations.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph…

U.K.-based multinational security services company G4S has developed a new service for protecting cryptocurrency assets, the firm announced in an official press release Thursday, Oct. 18.G4S, formerly Group 4 Securicor, has released an “innovative security solution” for holding crypto assets in a form of high-security offline storage protecting customers from hacks. G4S also runs both…

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNew lows "just a matter of timeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle.Reacting, traders hoped that a rebound could…

Crypto trader and YouTuber, Tone Vays, explains what might happen if Amazon CEO, Jeff Bezos, tried to buy all Bitcoin in circulation. 565 Total views 23 Total shares Crypto trader and YouTuber, Tone Vays, explained that Amazon's $140 billion CEO couldn't buy every Bitcoin (BTC) in circulation. What would happen if Bezos tried? "He would drive…

Turkey is experiencing a resurgence in cryptocurrency interest as major crypto exchanges set foot in the transcontinental country. From demographics to offline marketing to currency depreciation, there is plenty of motivation for the 84 million Turkish people to sign up to the new exchanges.Bitfinex, among the world’s largest cryptocurrency exchanges, recently announced its Turkey expansion…