Norway to start digital currency tests after four years of research
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests. Go to Source Powered by WPeMatico
DIGIT
Robinhood announces new COO to lead crypto trading desk
With the company’s crypto business expanding significantly, Robinhood has appointed a chief operating officer to lead its cryptocurrency operations. Go to Source Powered by WPeMatico
The homeless immigrant who ended up a crypto VC: Etiënne vantKruys
Go to Source Powered by WPeMatico
Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021. The Premium on BTC In addition … Read more
Analyst enters $32.5K Bitcoin buy order as hodlers bet on $46K BTC price bottom
Peter Brandt is bracing for bigger price drops as technical indicators suggest bulls will yet be spared an apocalyptic crash. Go to Source Powered by WPeMatico
Seoul government seizes $22M worth of crypto from tax evaders
The City of Seoul becomes the first city in South Korea to confiscate cryptocurrencies owned by tax delinquents. Go to Source Powered by WPeMatico
Tether gets Coinbase’s seal of approval, will list on pro offering
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues. Go to Source Powered by WPeMatico
Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency … Read more
New ASEAN blockchain consortium targets cross-border cooperation
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. Go to Source Powered by WPeMatico
Bitcoin price ‘relief’ move to $47K pushes BTC below stock-to-flow trajectory
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting “like clockwork” with regard to the their predictions. Go to Source Powered by WPeMatico
