Central Bank Project Shows CBDC Payments Can Be Private
The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said. Original Source
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Shows
Public Hearing on Digital Euro Shows EU Far From Reaching Consensus on CBDC
“The arguments on balance today would not favor such a decision to issue a CBDC in my view,” said Italian economist Ignazio Angeloni, who wrote a paper for the Parliament this year titled “Digital Euro: When in doubt, abstain (but be prepared).” Source
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Federal Reserve Likely to Cut Interest Rates the Most Among Central Banks Next Year, Research Shows
A weaker dollar often becomes a tailwind to risk assets, including bitcoin, as occurred in the second half of 2020 and early 2021. The greenback is a global reserve currency, playing an outsized role in global trade and non-bank borrowing. When the dollar strengthens, it causes financial tightening worldwide, disincentivizing
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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether's price has increased by 2.5%, while the total market capitalization has grown by 0.5%. This uptrend can be attributed to improved decentralized
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Sam Altman’s ouster shows Biden isn’t handling AI properly
CbatGPT developer OpenAI announced last week that it had fired CEO Sam Altman due to a loss of confidence by the board — only to see him return to the company after 90% of OpenAI staffers threatened to resign. The firing caused a flurry of excitement from companies offering to
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Global Banks Are Betting Big On XRP, Report Shows
Global banks have begun actively integrating crypto assets into their financial operations, and XRP has been one of their top preferences. This
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Historical Data Shows What To Expect
The Bitcoin open interest can often be an indication of where the BTC price might be headed next depending on whether or
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Solana (SOL), Once Championed by Sam Bankman-Fried, Shows No Signs of Slowing Down
SOL prices took a drastic hit in November 2022 after a CryptoX report first drew light to possible cracks in Bankman-Fried’s empire, but sentiment has recovered since the once-crypto titan was jailed and pronounced guilty on seven charges. Meanwhile, wallets linked to the bankrupt crypto exchange FTX, controlled by the
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CoinShares Data Shows Cryptocurrency Fund Inflows Topping $1B
Digital asset investment products saw net inflows of $293 million last week, bringing year-to-date inflows to a total of $1.14 billion. That makes 2023 as having the third highest yearly inflows on record, said Coinshares. Much of that is thanks to the last three weeks, which have witnessed nearly $900
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Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee. Source
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