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Weekly News

Read more about the article Report: Driven by DeFi, North America’s crypto volume increased 1,000% year-over-year

Report: Driven by DeFi, North America’s crypto volume increased 1,000% year-over-year

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000. Digital analytics firm Chainalysis reported that the growth in North…

Continue ReadingReport: Driven by DeFi, North America’s crypto volume increased 1,000% year-over-year
Read more about the article Too early to talk about using crypto for oil trading, says Putin

Too early to talk about using crypto for oil trading, says Putin

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.” Russian President Vladimir Putin believes that it’s “still premature” to use…

Continue ReadingToo early to talk about using crypto for oil trading, says Putin
Read more about the article Search for fiat alternative ‘perfectly reasonable,’ says StanChart CEO

Search for fiat alternative ‘perfectly reasonable,’ says StanChart CEO

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

The CEO of the British bank believes stablecoins, CBDCs and even NFTs will likely outgrow cryptocurrencies. Bitcoin (BTC) and other cryptocurrencies have a permanent role in financial markets, but other…

Continue ReadingSearch for fiat alternative ‘perfectly reasonable,’ says StanChart CEO
Read more about the article Digital Pound Foundation launches to promote CBDC development in the UK

Digital Pound Foundation launches to promote CBDC development in the UK

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape. The Digital Pound Foundation (DPF), a group of technology, innovation and…

Continue ReadingDigital Pound Foundation launches to promote CBDC development in the UK
Read more about the article Bitcoin analyst ‘highly doubts’ return to $50K — Will the weekly close spark a correction?

Bitcoin analyst ‘highly doubts’ return to $50K — Will the weekly close spark a correction?

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

Bitcoin has never managed a weekly close above $60,000, and failing to do so again risks a reversal downhill, a new warning says. Bitcoin (BTC) challenged brand-new support levels on…

Continue ReadingBitcoin analyst ‘highly doubts’ return to $50K — Will the weekly close spark a correction?
Read more about the article G7 leaders issue central bank digital currency guidelines

G7 leaders issue central bank digital currency guidelines

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system. The Group of Seven (G7) advanced economic nations discussed central…

Continue ReadingG7 leaders issue central bank digital currency guidelines
Read more about the article Billionaires are backing Bitcoin over gold… but some say Ethereum is even better

Billionaires are backing Bitcoin over gold… but some say Ethereum is even better

  • Post author:admin
  • Post published:October 15, 2021
  • Post category:Weekly overview

“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said billionaire Barry Sternlicht.…

Continue ReadingBillionaires are backing Bitcoin over gold… but some say Ethereum is even better
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