Bitcoin Price Relatively Muted, Risk of More Downsides Still Exist
Bitcoin price is struggling to climb above $29,500. BTC remains at risk of more downsides if there is a close below the
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Exist
Aliens Exist. And They Use Cryptocurrency
Aliens Exist. And They Use Cryptocurrency Source
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The best blockchain “does not exist” — Cardano Foundation exec
While many community members enjoy arguing about what the ultimate blockchain is, an executive from the Cardano Foundation believes that these arguments should stop, as use cases dictate which blockchain is most appropriate for specific projects. At the World Token Summit in Dubai, Cryptox spoke with Mel McCann, vice president of
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SEC chair Gensler claps back at Coinbase, says crypto rules already exist
The chair of the United States Securities and Exchange Commission (SEC) Gary Gensler has hit back at Coinbase’s petition compelling the agency to provide a clear stance on crypto regulation, arguing that there are already adequate laws in place. In a May 15 keynote speech at the Financial Markets Conference,
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Friendliness Toward Crypto ‘Does Not Exist’
Two days later, Santa Clara, California-based Silicon Valley Bank (SVB), a go-to institution for venture-backed tech startups, was taken over by the California Department of Financial Protection and Innovation, which said the firm had “inadequate liquidity and insolvency.” This past Sunday, New York-based Signature Bank was closed by state regulators
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There’s ‘no reason why’ crypto should exist
Another crypto-skeptic United States senator is on the loose, with Democrat Jon Tester boldly stating that he sees “no reason why” crypto should exist. Tester is the senior senator of Montana and has held a seat there since 2007. He also serves on the Senate Banking Committee, which is one
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Sound Money Doesn’t Exist and Neither Does ‘Ultra’ Sound Money
A proper definition of sound or hard money is admittedly nebulous. A commonly accepted definition is this: a currency that serves as a reliable and stable store of value. By extension, sound money should preserve its purchasing power. If $1 gets me a milkshake today, it should get me a
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Can the Metaverse exist without blockchain?
The internet handles several million data transactions per second. The blockchain infrastructure is in its technological infancy compared to the current iteration of the internet. Yet, blockchain is not just an infrastructure layer; it is an economic layer too. These economic features of the blockchain can potentially address the
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SWIFT probably won’t exist in 5 years: Mastercard CEO
Mastercard CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border fiat transactions, to exist in five years' time. Miebach was speaking at a panel session on central bank digital currencies (CBDCs), as part of the Global Blockchain Business Council
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SWIFT May Not Exist in 5 Years
Also part of Tuesday’s panel was Jennifer Lassiter, executive director of the Digital Dollar Project, Yuval Rooz, the CEO of Digital Asset, David Treat, a director at Accenture and co-founder of the Digital Dollar Project, and Jon Frost, senior economist at the Bank of International Settlements, who all answered that
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