Zimbabwe’s central bank to issue gold-backed digital currency: Report

Sam Bankman-Fried’s criminal trial has concluded with a jury finding him guilty of all seven charges. 865 Total views 3 Total shares Former FTX CEO Sam Bankman-Fried has been found guilty of all of the seven charges in his criminal trial by a jury in New York.Bankman-Fried was found guilty of two counts of wire

“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. 185 Total views 4 Total shares Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or…

Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner.That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency.BitQuant: Pre-halving all-time high will not be BTC price topIn his latest post

The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment.However, this bullish mood did not benefit Bitcoin (BTC) as it largely remained range-bound in…

Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals.Closing the information gapCrypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to meet the…

OKEx has launched a peer-to-peer trading platform and fiat onramp in India. Cryptocurrency exchange OKEx has announced a new peer-to-peer trading platform launching Aug. 5, which allows users to buy digital currencies with zero transaction fees using Indian rupees (INR).The announcement comes hot on the heels of reports that the Indian government is planning to…

Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground.In a fresh update on July 26, analytics firm Arcane Research flagged what it calls "improving" sentiment among institutional traders.Caution mixed with "improving sentiment"While attention has focused on the likelihood of a…

Amid November’s 42% Bitcoin rally, roughly 185,600 BTC that hadn't moved in at least 12 months was transferred on-chain. 2883 Total views 4 Total shares The November BTC rally to test all-time price highs saw more than 1% of Bitcoin’s supply move out of long-term storage.According to Unchained Capital’s ‘hodlwaves’ metric, which measures the time…

China’s central bank, the People's Bank of China (PBoC), is extending the activities of its Digital Currency Research Lab beyond the country’s capital, local media outlet CNstock reports September 5.The news reveals that the lab has opened a new fintech research center in Nanjing, the capital of China’s eastern Jiangsu province. The establishment of municipal…