Cryptocurrencies – Page 453

Data center operators have ‘no problem’ with new Russian crypto crackdown

As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried.

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Hedera Hashgraph rallies 150% in a week as its ecosystem expands

New partnerships, NFT integration and a market-wide surge in altcoin prices back HBAR’s recent 150% rally.

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Protesters burn Bitcoin ATM as part of demonstration against El Salvador president

The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”

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Frontier, Ren and Keep Network book 20% gains as Bitcoin claims $48K

Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT.

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Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Insists

Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by the bank’s assets. The statement comes in spite of Tashkent’s crypto-friendly moves in the past. […]

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Morgan Stanley launches cryptocurrency research team

After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto.

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25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70

According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future. South Africans Still Experimenting With […]

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Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia […]

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Three reasons why the price of Elrond (EGLD) is hitting new daily highs

An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300.

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Africa’s crypto market has grown by more than 1,200% since 2020: Chainalysis

P2P platforms, the need for remittances to circumvent restrictions from banks, and putting savings into crypto as a means of avoiding inflation could have contributed to the growing market in Africa.

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