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After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus two weeks ago, Lagarde stressed on Thursday that … Read more
ETH/BTC could reach 0.10 this year as the market anticipates Ethereum’s proof-of-stake switch. Go to Source Powered by WPeMatico
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system, the top representative warned. New Currency Blocs May Emerge Amid Mounting Restrictions on … Read more
Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of partnering countries. A high-ranking parliamentarian has indicated that Moscow may take cryptocurrency for natural gas and other resources. Russian Official Mentions … Read more
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere,” said Sheila Warren. Go to Source Powered by WPeMatico
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion. Go to Source Powered by WPeMatico
Relief rally hopes rise as BTC price remains stuck inside the $34,000–$45,000 range. Go to Source Powered by WPeMatico
Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000. Go to Source Powered by WPeMatico
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said. Go to Source Powered by WPeMatico
The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP). Go to Source Powered by WPeMatico
