May 2021 – Page 119

Will crypto and blockchain shape the future of finance? Experts answer

Here’s what crypto and blockchain experts from China think about the role of emerging technologies in the future of finance.

Go to Source

The way of the stablecoin: A journey toward stability, trust and decentralization

Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.

Go to Source

Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

Turkey Updates Cryptocurrency Regulation Amid Crypto Payment Ban and Collapsing Exchanges

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […]

Go to Source

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet

The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will be mentioned to some degree on the show. Dogecoin Captures a […]

Go to Source

UBS Chief Economist Says ‘Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access’

A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.” UBS Chief Economist Sees Multiple Problems With Bitcoin Paul Donovan, […]

Go to Source

Visa Diving Into Cryptocurrency ‘in a Very, Very Big Way’ — CEO Outlines 5 Crypto Priorities

Visa CEO Al Kelly says that the payments giant is leaning into the cryptocurrency space “in a very, very big way.” He outlines five key areas of crypto opportunities that Visa is focusing on, stating that his company is “extremely well-positioned.” Visa Is Focusing on 5 Crypto Areas During Visa’s earnings call for the period […]

Go to Source

Goldman Sachs Lists 19 ‘Crypto’ Stocks That Crushed S&P 500 Thanks to Bitcoin’s Surge

Goldman Sachs Lists 19 Large-Cap 'Crypto' Stocks That Crushed S&P500 Thanks to Bitcoin's Surge

Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500. “On average, these stocks have dramatically outperformed the S&P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote. 19 Stocks With Crypto Exposure That Outperformed […]

Go to Source

DeFi adoption on the Binance Smart Chain reaches new highs

Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations.

Go to Source

Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1

Go to Source

Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target

Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.” Moreover, Fundstrat believes that the price of ethereum will reach a $10k target, while the entire crypto-economy is “on pace to hit $5 trillion.” Fundstrat Maintains […]

Go to Source