XRP, HBAR, BGB and XMR flash bullish signs as Bitcoin searches for direction
Rangebound trading conditions from Bitcoin could boost the chance of a breakout in XRP, HBAR, BGB and XMR.
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Key Government Figure Says Japan Needs a Digital Yen — and Fast
Even amid the financial turmoil caused by the coronavirus outbreak, countries are continuing to consider the adoption of a central bank digital currency (CBDC).In an exclusive interview with Cointelegraph Japan, Kozo Yamamoto, Liberal Democratic Party (LDP) Member of the House of Representatives and a former official at the Ministry of Finance, argued that Japan should…
FASB guidelines could ‘smooth the way’ for broader crypto adoption
Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States. 231 Total views 7 Total shares The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another…
‘Twas the Night before Christmas: A Cointelegraph Story
'Twas the night before Christmas, when all thro' the TwittersphereNot a troll was stirring, not even a financier;The crypto was HODLed in cold storage with care,In hopes that Satoshi would soon reappear;The newbies avoided FUD and slept in their beds,While visions of lambos danc'd in their heads. And Pomp being occupied, and Schiff spewing crap,Weren’t…
Crypto seen as the ‘future of money’ in inflation-mired countries
Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.” According to the report, 41% of crypto owners surveyed globally purchased crypto for the first time in 2021, including more than half of crypto owners in Brazil…
NFT sales volume upward trend to continue, industry execs say
In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the industry believe the upward trend will likely continue. On Nov. 6, data published by blockchain analytics firm Nansen showed that NFT sales volume leaped
‘Bitwise 10’ crypto index trades at 369% premium in record breaking debut
A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold. 2880 Total views 6 Total shares Leading crypto fund manager Bitwise Asset Management has announced that its 10 Crypto Index Fund is trading at a much higher premium than the underlying assets it represents.The BITW fund saw record initial…
Bitcoin shorts keep burning as BTC price seeks to hold $27K
Bitcoin stubbornly refuses to give up its latest gains as BTC price seeks to flip $27,000 to support into September's last Wall Street open. Bitcoin (BTC) bounced around $27,000 on Sep. 29 as a challenge to month-to-date highs dragged BTC price action upward.BTC/USD 1-hour chart. Source: TradingViewBTC price maintains overnight strengthData from Cointelegraph Markets Pro
There Are Now More Than 8,000 Bitcoin ATMs Worldwide
The number of crypto ATMs worldwide has grown to more than 8,000, just months after passing the 7,000 mark in March. 1039 Total views 51 Total shares The total number of Bitcoin ATMs has now passed 8,000 worldwide.According to monitoring resource CoinATMRadar, there are currently 8,208 ATMs in 73 countries allowing users to buy and…