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On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa.In a Wednesday report from the Wall Street Journal, a person familiar with the matter said transactions in digital yuan significantly outnumbered
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The government is looking to increase a special tax on mining fivefold, weeks after it came into effect. Source
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Global investment company KKR is in talks to join Animoca Brands' latest financing, taking its funding from the round to around $500 million. Original Source
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Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022.At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively.The Digital Assets In
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Mitsubishi UFJ Trust is set to issue a stablecoin as a means of payment in aiming to bring about instant settlement of securities transactions. Source
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As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.Multinational professional services network KMPG published
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The European Union (EU) is analyzing the metaverse and what potential regulatory action will be required, one of its commissioners has said. Original Source
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The count of jobs gained or lost is measured through a survey that asks employers for the number of workers they have on their payrolls during the period of measuring. That excludes workers who were out sick, or missed work for other reasons, like taking care of someone or quarantining.
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Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet. In a Monday report titled, "Cryptocurrencies — Too early or too late?" the banking giant referred to cryptocurrencies
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