Thursday, April 18, 2024
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Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference

Bitcoin (BTC) rose above $40,000 on July 29, a day after the Federal Reserve hinted that it was getting nearer to unwinding its asset purchasing program that has boosted the economic recovery of the United States.The benchmark cryptocurrency previously approached $41,000 ahead of the critical Fed update. Nonetheless, it started

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Beijing Municipal Government Conference Notes Plans to Pilot CBDC in Nation’s Capital

Two Beijing-area regional bodies – the Beijing Local Financial Supervision and Administration and the Tongzhou District government – held a conference Monday that made note of the People’s Bank of China (PBoC) Digital Currency Research Institute’s plan to build a legal digital currency test zone and digital financial system in

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Following whipsaw launch, Filecoin looks to weeklong conference for stability

Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship. Billed “Filecoin Liftoff Week,” the event is centered on education, infrastructure, interoperability, and future

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