Tag: bitcoin

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Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030

By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank. By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank. In the “Imagine 2030” report, Deutsche Bank strategist Jim Reid raised…
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Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy

Canada-based cryptocurrency mining company Great North Data has reportedly submitted a bankruptcy filing due to insolvency. Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency. As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy…
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BitFlyer’s New ‘Instant Buy’ Feature Lets Users Buy Crypto With Cards or Transfers

BitFlyer introduces Instant Buy on its European exchange platform, allowing users to buy crypto using a credit card, debit card or local instant transfer. Tokyo-based cryptocurrency exchange bitFlyer announced the launch of ‘Instant Buy’ on its European exchange platform. BitFlyer launched its latest feature Instant Buy on Dec. 5 to provide its European users with…
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Known Crypto-Hater Sherman to Chair Congressional Subcommittee on Investor Protection

Known crypto-hater U.S. Congressman Brad Sherman is elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. On Dec. 5, Chairwoman of the House Financial…
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The Future of Money and the Payment System

Source: a video screenshot, YouTube, Bloomberg Markets and Finance This is a lecture by Agustín Carstens, General Manager of the Bank for International Settlements, held at Princeton University, Princeton, New Jersey, USA, on December 5, 2019. Main highlights: (Read the whole text below) Theoretically speaking, money is a social convention, hence anything could serve as…
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Crypto Market Flips Green — But Is Bitcoin Ready to Retest $8,000?

After retracing the Dec.4 10% rally to $7,800, Bitcoin bulls are now attempting to push the price above $7,500 for another shot at $8K. On Dec. 4, Bitcoin (BTC) unexpectedly rallied hard from $7,080 and over the next 5 hours the digital asset had moved 9.92% to trade for $7,788. The strong surge briefly broke…
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EU Confirms its Firm Stance on All Stablecoins, Not Facebook’s Libra Only

The EU has taken a firm stance on stablecoins. But a senior government official in Lithuania says the move will not stop stablecoin operators from proceeding with their plans as the EU is not against innovations and simplified payments. Today, the Council and the Commission adopted a joint statement, warning that no global stablecoin project…
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Bitcoin Recovers from Below $7.2K After Schiff Says ‘Game Is Over’

Crypto markets continue to trade sideways, with Bitcoin struggling to recover from its intraday low of below $7,200. Thursday, Dec. 5 — cryptocurrency markets have continued to trade sideways, with 18 of the top 20 coins by market cap seeing notable losses at press time. After Bitcoin (BTC) attempted another recovery yesterday to break above…
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Guide to Online Gambling with Cryptocurrency

Photo: iStock-Marko Horvat Disclaimer: The text below is a sponsored article. _________ Online gambling is one of the popular pastimes enjoyed by players all over the world. With hundreds of operating online casinos, you will find the opportunity to play real money games from the comforts of home. Each casino will provide access to amazing…
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Crypto Cybersecurity Firm Ledger Hires In-House Security Officer As New CTO

Hardware wallet manufacturer Ledger has hired in-house security officer as chief technology officer to oversee the company’s security operations. Hardware wallet manufacturer Ledger has hired Charles Guillemet as chief technology officer (CTO) where he will oversee the company’s security operations. In a press release shared with Cointelegraph on Dec. 5, Ledger said that Guillemet has…
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