Bitcoin may not mean an end to traditional currency and banking, according to research director of Coin Center Peter Van Valkenburgh “I think there are folks in the Bitcoin community who probably make too many noises about how Bitcoin is going to dominate all economic systems and nobody will be […]

Sweden has made a number of strides toward its own central bank digital currency, or CBDC, called the e-krona. The Sveriges Riksbank, the country’s central bank, now looks to experiment with the asset using a non-simulated party. As reported by Reuters, Riksbank detailed on Friday via a statement: “The e-krona […]

This weekly roundup of news from Mainland China, Taiwan and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape and enterprise blockchain integrations. China regulations — Fact or FUD? Normally, this weekly column takes a broad look at all the developments, […]

Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities. Source: Read Full Article

The U.K bank with the worst record for dealing with scam complaints has issued a cryptocurrency scam alert. NatWest, which was rated as the worst U.K bank for accurately discerning legitimate fraud complaints in 2020, sent the warning to users of its mobile banking app after it reportedly received a […]

The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion worth of Bitcoin — according to current exchange rates — […]

A total of 53,400 Bitcoin (BTC) options are set to expiry on Friday. At first sight, bulls appear to lead as the $2.1-billion open interest call (buy) to put (sell) options ratio stands at 1.32, favoring the neutral-to-bullish derivatives. However, after Bitcoin dropped 33% in May, the right to acquire […]

On Wednesday, the bullish momentum that had propelled Bitcoin (BTC) and altcoins into a relief rally was somewhat subdued, as traders remain unsure of what may happen next. After an early morning attempt by Bitcoin bulls to drive BTC’s price above $40,000 was met with stiff resistance, the digital asset […]

The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices. Despite rapidly declining token prices, the nascent DeFi sector held […]

Iran’s government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months. Source: Read Full Article