Israel launches digital shekel CBDC experiment for payments
The Bank of Israel launched the CBDC experiment taking inspiration from the Project Rosalind carried out by the BIS Innovation Hub.
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Banks will be required to work with crypto, e-money and CBDCs to survive
Image a scenario where you need different messengers to send different types of messages — for example, WhatsApp for text messages, Viber for audio, Telegram for video, etc. Rather inconvenient, right? But this is exactly what happens in finance: There is no way to send both digital fiat money and cryptocurrency from a bank account…
TV Reporter Warns of Facebook Ads That Claim They Made Millions From BTC
British reality TV star-turned-presenter, Rylan Clark-Neal, has warned his Twitter followers of fraudulent interviews claiming he made millions from Bitcoin. 1316 Total views 42 Total shares British TV presenter and former X-Factor star, Rylan Clark-Neal, alerted his followers as to “fake interview” claiming that Rylan had made “millions from Bitcoin.”On April 18, the former Celebrity…
Binance’s Quarterly BNB Burn to Include Binance Futures Tokens
Binance exchange will include all future businesses and products into the scope of each quarterly burn of its native token Binance Coin (BNB).Decision made based on community feedbackAccording to a blog post on Sept. 12, Binance has decided to include all its products into quarterly BNB burns in accordance with community feedback.The new BNB burning…
Analysts say surging Bitcoin whale inflows heighten chance of BTC correction
Bitcoin whale inflows are increasing as the price of BTC struggles to break past $19,500. 1355 Total views 11 Total shares Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling aggressively in the $19,400…
Afraid of DeFi? Here’s how to earn 41% APY on Bitcoin without wrapping it
The number of investors interested in yield farming has grown immensely over the past 6-months as decentralized finance (DeFi) applications became better known and easier to use. This has led to an uncountable number of liquidity pools offering annual percentage yields (APY) surpassing 1,000% and the total value locked in DeFi contracts has risen to billions…
Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs
“As an artist, we need a certificate of authenticity to connect to the art. NFTs act as a certificate of authenticity and create value and legacy,” said Jerome Baker Designs Founder and President Jason Harris. 860 Total views 45 Total shares Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a…
Price Analysis 11/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
The crypto markets are going through a phase of uncertainty with several cryptocurrencies failing to show a firm trend. This is because the markets lack a catalyst that can either pull prices higher or plunge them lower. However, a developing catalyst could be the launch of the China-backed central bank digital currency (CBDC). Jack Lee, a…
Bitcoin tackles $56K as Tesla ‘Elon candle’ hits days before record options expiry
Elon Musk is "astutely aware" of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. 6587 Total views 33 Total shares Bitcoin (BTC) recovered above $56,000 on March 24 after a new "Elon candle" put a familiar spring in the step of bulls.BTC/USD 1-hour candle…