CBDCs could revolutionize the financial system by increasing efficiency, transparency and financial inclusion while reducing the use of cash. Central bank digital currencies (CBDCs) are digital versions of fiat currencies that are backed and issued by central banks. Here are…
Kategorie: Crypto Flash News
Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs
Bitcoin fails to catch a break after “hot” PCE numbers punish U.S. stocks and bring DXY back from the brink of breakdown. Bitcoin (BTC) stayed lower at the Feb. 24 Wall Street open as United States macroeconomic data showed inflation…
Bitcoin retirement plans elicit caution from regulators
Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now. Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the…
Ukraine-based blockchain firm reports company ‘stronger’ one year into war
Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant threat of shelling. According to CEO Sergey Vasylchuk, staking provider Everstake is continuing to move forward…
Cointelegraph 2023 Top 100 finale: First place goes to…
Bitcoin takes the prize as the No. 1 leading player in the crypto and blockchain space on Cointelegraph’s 2023 Top 100 list. Who takes the cake as the prime mover of the crypto and blockchain sector for 2023? The answer…
NFT Steez and Victor Solomon discuss building in Web3 and the metaverse
This week NFT Steez spoke to award-winning artist Victor Solomon about basketball, the metaverse, Web3 and his unique NFT collection. NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey in bridging his in-real-life…
IMF says no crypto as legal tender; community disagrees
A community member believes that the space will look back to this moment once it succeeds in making the world decentralized. The International Monetary Fund (IMF) recently made another anti-crypto move, opposing crypto becoming a legal tender. In response, crypto…
Brands: Stop treating NFT drops like ad campaigns
So many brands jumped into the NFT craze in 2022. Now, some are finding themselves stuck in an unsustainable “engagement ponzi” with users. The rise of Non-Fungible Tokens (NFTs) has created a new frontier for brands looking to engage with…
Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K
This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions. It’s possible that many people have already forgotten that Bitcoin’s (BTC) price closed 2022 at $16,529…
VC blockchain and crypto funding drops off in Q4 2022: Report
2022 saw an overall decline in venture capital funding going into the blockchain and cryptocurrency space. 2022 will go down as a tough year for crypto, and the bleak market conditions were mirrored by a decline in venture capital (VC)…