Cryptocurrency Analysis and News Portal
The Reserve Bank of Australia (RBA) has warned Aussie investors about speculating on digital assets as it casts doubt over the entire crypto sector. During a Nov. 18 address to the Australian Corporate Treasury Association, the RBA’s head of payments policy Tony Richards offered an overview on distributed ledger tech,
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Cryptocurrencies continued to slide as buyers appear to be taking some profits. Some analysts are now cautious on bitcoin’s short-term price direction given the recent loss of upside momentum.Bitcoin declined toward a three-week low on Thursday around $56,000 before stabilizing near $58,000. BTC is down about 11% over the past
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India appears to be taking a progressive stance on Bitcoin (BTC). Especially given the fact that the country is attempting to reach a uniform viewpoint on the categorization and legality of this new asset class.Amid a slew of cabinet meetings, industry debriefings and mounting banking issues, the country's prime minister
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The Anoma Foundation, a blockchain technology company, has raised 24 million Swiss francs (US$26 million) in a funding round at a valuation of 240 million Swiss francs ($260 million). The funds will help advance the Anoma protocol, a proof-of-stake blockchain that allows traders to conduct private, asset-agnostic transactions. Original Source
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“The blockchain technology has been there for ten years and can grow without cryptocurrencies,” RBI Governor Shaktikanta Das said at the SBI Banking and Economics Conclave on Tuesday. “When the central bank says we have serious concerns from the point of view of macroeconomic and financial stability, there are far
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Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is the Minister of State, revealed his
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From a bird’s-eye-view, BTC is still in an uptrend and
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Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market. Onedegree to Underwrite Insurance Policies for Crypto
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San Francisco-based fintech firm Ripple will launch a new “Liquidity Hub” product to help enterprise customers access BTC, ETH, LTC, ETC, BCH and XRP from a range of global exchanges, market makers and OTC desks.The Ripple Liquidity Hub will support the five cryptos at launch and employ smart order routing
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New York Mayor-Elect Eric Adams recently won the mayoral race for the city. On November 3rd, Adams became the second black man to be elected as mayor in the city of New York. The win was momentous in itself but Adams’s comments and stance on cryptocurrencies, bitcoin, in particular, have
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