Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin. Russia impacting the US Vladislav Ginko, an economist at the Russian Presidential Academy of National Economy…
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A senior adviser to the Bank of England has stated that cryptocurrencies do not pass basic financial tests and are not high on his list of concerns. In an interview with Bloomberg, he added that he was “not so worried about cryptocurrencies”. Central Bank Adviser Sees No Threat in Cryptocurrencies…
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For almost a decade, with the exception of early 2018, Bitcoin (BTC) has ruled the cryptography market with an iron fist, dominating its altcoin brothers. However, as blockchain technologies spread, with tokens increasingly common and more present than ever, analysts have claimed that the largely unquestioned hegemony of Bitcoin will…
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The Japanese investment giant and ripple partner SBI Holdings (SBI) has through its subsidiary SBI Crypto Investment Ltd. $ 15 million invested in blockchain smart card maker Tangem. The Swiss fintech company Tangem introduced its “intelligent banknote” for digital assets last May. This is called the world’s first physical manifestation…
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Rakuten, Japan’s largest e-commerce store, has reported that it will most likely start accepting payments after the month of April 2019. Rakuten is mostly known as the Amazon of Japan and has at least 50 million users in the country. , which without a doubt, would give a strong impulse…
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Founder of blockchain technology firm ConsenSys Joseph Lubin has been appointed to the oversight body of crypto startup ErisX. The news was published in an official press release dated January 17. The Crypto Exchange ErisX a reboot of the futures market Eris Exchange, which was founded in 2010. In December…
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The rumors of the death of Bitcoin may have been exaggerated, but the cryptocurrency is undoubtedly in a sickly condition. Little problems At the time of writing, it is quoted at $ 3,591, a fraction of its historic high of almost $ 20,000 in December 2018, as the last rally…
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The crypto community eagerly awaits the launch of the BAKKT Bitcoin Futures, as it could pump institutional money into the markets. Whether it is sufficient for a reversal of the bear market is questionable. The role of the latest announcement by BAKKT CEO Kelly Loeffler is not yet in sight.…
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Have you imagined a world without physical bank branches, in which all the services could be solved at any time of the day through your smartphone? This reality is getting closer every day thanks to the new online financial products of traditional banking … but also because of the development…
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It goes without saying that bears weren’t kind to the crypto industry in 2018. The aggregate value of all cryptocurrencies fell like a “falling knife,” as retail investors pulled out of this market en-masse and hype dissipated. Yet, even amid this devastating downturn, which beat this market to hell and…
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