Market

Bitcoin, Ethereum, Crypto News and Price Data

Although worries of supply shocks, supply chain inflation and stagflation fill headlines, the IMF placed crypto in the top three stability concerns. Is the organization gearing up to poise crypto as the scapegoat in case of an oncoming financial crisis? Source linkRead More

Blockchain

The US Government Sold a Wu-Tang Album to a DAO

This episode is sponsored by NYDIG. Download this episode On today’s “Long Reads Sunday,” NLW tells the story of PleasrDAO buying a one-of-a-kind hip hop album, and what it means that the U.S. government is interacting with this new type of collective. He also reads: How to Do Business as a DAO Thread: DAOs as […]Read More

Market

What CBDCs Mean for the Future of DeFi and Stablecoins

Over the last year, the narrative surrounding central bank digital currencies (CBDCs) has advanced considerably. From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to ascertain how they could work in practice. China’s digital yuan is currently leading the pack. Following several pilots, the Chinese government is expected […]Read More

Blockchain

How to Expand Blockchain Beyond Fintech and Into Factories

This experimental pilot project was ambitious. Blockchain may be going more mainstream, but harnessing it for non-fintech applications is still nascent. We encountered challenges around costs, ease of use, data digitization and integration, engineering talent, literacy, reliable internet access, the lack of hardware needed to take a survey, and an unprecedented global pandemic that has […]Read More

Bitcoin

26.4% of Australian crypto owners hold Cardano, while Dogecoin remains

Finder recently published a survey that dived into current market trends across 22 countries, uncovering which cryptocurrencies, besides Bitcoin (BTC), are driving the adoption across the globe.   While publishing a definitive ranking of the most popular cryptos per country, the independent comparison platform also addressed the investor demographics, revealing that only in Mexico is crypto […]Read More

Bitcoin

Bitcoin Futures ETF is so popular that it’s breaching futures

The first US Bitcoin (BTC) exchange-traded fund is rapidly getting close to breaching a limit on the number of futures contracts it is permitted to hold, Bloomberg reported. Just days after launch, the ProShares Bitcoin Strategy ETF (BITO) already owns nearly 1,900 contracts for October, and Chicago Mercantile Exchange (CME) limits the number of front-month […]Read More

Market

Nigeria to Launch Its ENaira Digital Currency on Monday: Report

The Central Bank of Nigeria (CBN) will launch its digital currency, the eNaira, on Monday, Bloomberg reported. The eNaira, which is intended to complement the physical Naira rather than replace it, will “make financial transactions easier and seamless for every strata of the society,” the CBN said in emailed statement on Saturday, according to the […]Read More

Blockchain

AMEX CEO Says Crypto Is Unlikely a Threat to Traditional

Traditional credit card payments will hold firm amid the growth of cryptocurrencies, American Express CEO Stephen Squeri predicted on the company’s third-quarter earnings call Friday. Unlike crypto, traditional credit cards offer clients rewards, service, ability for disputing charges, along with the ability to extend credit, Squeri said. Squeri said he sees cryptocurrency much more as […]Read More