Cryptonews

Cryptonews


No, Sberbank Isn’t Selling a ‘Cryptocurrency’ on a DeFi Exchange – Here’s What’s Really Going On

Posted: 05 Apr 2022 12:00 PM PDT

 
A bizarre altcoin named sbercoin (SBER) appears to have duped experts and media outlets alike into thinking that it is part of a grand Russian plan from a Russian megabank looking to evade Western sanctions. The bank denies connection with the coin....
Read More: No, Sberbank Isn't Selling a 'Cryptocurrency' on a DeFi Exchange – Here's What's Really Going On

This posting includes an audio/video/photo media file: Download Now

CELO Trims Gains as Positive News Fueled Rally Stalls

Posted: 05 Apr 2022 09:45 AM PDT

 
The Celo (CELO) network's native token rose the most among all of the top 100 cryptoassets by market capitalization today before trimming some of its gains.  
As of 16:32 UTC, CELO was up by 8% for the past day and 43% for the past 7 days. The token traded at a price of USD 4.65 after reaching a high of just over USD 5.2 earlier in the day. The price is also up 62% in a month and 5% in a year....
Read More: CELO Trims Gains as Positive News Fueled Rally Stalls

This posting includes an audio/video/photo media file: Download Now

‘New Inflationary Era’ Upon Us, Central Bank Action Will be Unpopular – BIS’ Carstens Warns

Posted: 05 Apr 2022 09:30 AM PDT

 
The return to inflation in the world means that real interest rates need to rise into positive territory, but with historically high levels of debt, such a move by central banks will not be popular, the Bank for International Settlements' (BIS) head Agustín Carstens warned....
Read More: 'New Inflationary Era' Upon Us, Central Bank Action Will be Unpopular – BIS' Carstens Warns

This posting includes an audio/video/photo media file: Download Now

New Bitcoin's Chance to 'Bitcoinze the Dollar', Crypto Seizures + More News

Posted: 05 Apr 2022 08:56 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.
__________...
Read More: New Bitcoin's Chance to 'Bitcoinze the Dollar', Crypto Seizures + More News

This posting includes an audio/video/photo media file: Download Now

DeFi Could Rely On CBDC, But More Bridges With Centralized Finance Are Needed - Expert Panel

Posted: 05 Apr 2022 07:30 AM PDT

 
As decentralized finance (DeFi) and central banking share a number of objectives, building bridges between decentralized and centralized finance (CeFi) could open up new possibilities for the use of central bank digital currencies (CBDCs) , according to the participants of a debate held by the Innovation Hub of the Bank for International Settlements (BIS) and the Swiss National Bank (SNB)....
Read More: DeFi Could Rely On CBDC, But More Bridges With Centralized Finance Are Needed - Expert Panel

This posting includes an audio/video/photo media file: Download Now

Crypto Bottom is In and ‘Massive Rally’ Awaits, Pantera Capital Predicts

Posted: 05 Apr 2022 06:30 AM PDT

 
After a 50% decline from the top, the bear market in bitcoin (BTC) and crypto more broadly is probably over for now, and a new "massive rally" is likely to happen within the next year, crypto hedge fund Pantera Capital's CEO Dan Morehead has said.
Morehead wrote in his latest newsletter that: ...
Read More: Crypto Bottom is In and 'Massive Rally' Awaits, Pantera Capital Predicts

This posting includes an audio/video/photo media file: Download Now

MicroStrategy Spends USD 191M on Bitcoin After Last Week’s Loan

Posted: 05 Apr 2022 05:37 AM PDT

 
US-based enterprise software firm MicroStrategy has purchased another BTC 4,167, worth some USD 190.5m, the company's CEO Michael Saylor announced on Tuesday.
Tuesday's announcement that the firm has added even more bitcoin (BTC) to its already massive holdings follows news from last week that the firm took a USD 250m loan from the crypto-friendly bank Silvergate to buy more BTC....
Read More: MicroStrategy Spends USD 191M on Bitcoin After Last Week's Loan

This posting includes an audio/video/photo media file: Download Now

Bitcoin and Ethereum Still Range-Bound, LUNA Gains Traction

Posted: 05 Apr 2022 04:59 AM PDT

 
Bitcoin price recovered losses and climbed above the USD 46,000 level. BTC even surpassed the USD 46,500 resistance zone. It is currently (11:48 UTC) trading in a range near USD 46,700 and might test USD 47,000. The price is now up over 1% in a day...
Read More: Bitcoin and Ethereum Still Range-Bound, LUNA Gains Traction

This posting includes an audio/video/photo media file: Download Now

Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms

Posted: 05 Apr 2022 03:21 AM PDT

 
In a bid to enforce tightened rules for crypto businesses, Singapore's unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.
The latest development extends the country's regulations on anti-money laundering and countering the financing of terrorism, Bloomberg reported.
Among others, the passed Financial Services and Markets Bill:...
Read More: Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms

This posting includes an audio/video/photo media file: Download Now

Coffee Giant Starbucks Aims to Enter NFT Business

Posted: 05 Apr 2022 02:26 AM PDT

 
Starbucks, an American multinational chain of coffeehouses, aims to enter the non-fungible token (NFT) business by the end of the year.
Billionaire businessman Howard Schultz, who has rejoined Starbucks as interim CEO, announced the news at an Open Forum on Monday, claiming that they plan to do so "before the end of this calendar year."
Schultz claimed that they are in a good position to get into NFTs, and praising the company by stating that:...
Read More: Coffee Giant Starbucks Aims to Enter NFT Business

This posting includes an audio/video/photo media file: Download Now

Neutrino USD Loses Peg as WAVES Dives, But Developer Claims It Will be 'Absolutely Fine Very Soon'

Posted: 05 Apr 2022 01:55 AM PDT

 
Neutrino USD (USDN), the flagship stablecoin of the Waves network, lost its peg to the US dollar following the allegations that the project's founders had been artificially pumping WAVES, the project's native token.
Waves, which was trading around USD 31 on March 28, nearly doubled its value in a matter of days to surpass the USD 60 mark by March 31. However, the coin started plunging earlier this month as some users claimed the team had artificially impacted prices....
Read More: Neutrino USD Loses Peg as WAVES Dives, But Developer Claims It Will be 'Absolutely Fine Very Soon'

This posting includes an audio/video/photo media file: Download Now

South Korean Tech Giant Kakao Takes Over Japanese Crypto Exchange in M&A Deal

Posted: 05 Apr 2022 12:47 AM PDT

 
A Japan-based branch of the South Korean internet and tech giant Kakao has snapped up a controlling stake in a Japanese crypto exchange – which could see it seek to integrate its web-based cartoon output with its crypto services....
Read More: South Korean Tech Giant Kakao Takes Over Japanese Crypto Exchange in M&A Deal

This posting includes an audio/video/photo media file: Download Now

Bitcoin and Ethereum Move Higher, MKR and CELO Outperform

Posted: 04 Apr 2022 09:29 PM PDT

 
Bitcoin price found support just above the USD 45,000 level. BTC started a decent upward move and climbed above USD 46,200. It is currently (04:16 UTC) showing positive signs near USD 46,700 and might attempt an upside break above USD 47,200.
Besides, most major altcoins are trading in a positive zone and stayed above key supports. ETH recovered and moved above USD 3,500. XRP might decline and test the USD 0.805 support. ADA eyes an upside break above the USD 1.22 resistance....
Read More: Bitcoin and Ethereum Move Higher, MKR and CELO Outperform

This posting includes an audio/video/photo media file: Download Now

Two Major Banks Roll out Blockchain-powered ID Solution for Military Servicepeople

Posted: 04 Apr 2022 05:00 PM PDT

 
Two of South Korea's largest banks are set to launch a blockchain-powered digital certificate platform for military personnel – which will allow soldiers to use smartphone-based ID solutions to open savings accounts without having to set foot in a brick-and-mortar bank branch....
Read More: Two Major Banks Roll out Blockchain-powered ID Solution for Military Servicepeople

This posting includes an audio/video/photo media file: Download Now

DeFi ‘Crucial’ for Financial Inclusion, CBDCs Still Welcome Despite Being Centralized

Posted: 04 Apr 2022 12:00 PM PDT

 
Decentralized finance (DeFi) protocols are "crucial" for financial inclusion, particularly in the developing world. And despite being inherently centralized, central bank digital currencies (CBDCs) are a welcome part of that, said the participants at a discussion hosted by the Bank for International Settlements (BIS)....
Read More: DeFi 'Crucial' for Financial Inclusion, CBDCs Still Welcome Despite Being Centralized

This posting includes an audio/video/photo media file: Download Now

Crypto Investment Products See New Week of Large Inflows, European Investors Dominate

Posted: 04 Apr 2022 10:00 AM PDT

 
Inflows into digital asset investment products reached USD 180m last week. The figure marks a decline from a revised number of USD 244m the week before, when inflows reached their highest level since 2021, according to the crypto investment firm CoinShares.
The inflows into crypto-backed regulated investment products covered funds backed by both bitcoin (BTC) and a number of other cryptoassets, including some funds backed by multiple digital assets....
Read More: Crypto Investment Products See New Week of Large Inflows, European Investors Dominate

This posting includes an audio/video/photo media file: Download Now

Post a Comment

Previous Post Next Post