Cryptocurrency Analysis and News Portal
Elon Musk had to sell a significant portion of his Tesla stock in order to pay off some of the debts he took on to acquire the social media platform.Drawing on his popular Latin quote vox populi, vox dei which roughly means “the voice of the people is the voice
Read More
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as legal tender in Malaysia, the finance ministry official said that they are an asset class that can
Read More
Singapore’s central bank has issued guidelines to discourage cryptocurrency trading by the general public. The central bank emphasized that “the trading of cryptocurrencies is highly risky and not suitable for the general public.” Singapore’s Central Bank Discouraging Crypto Trading by the General Public The Monetary Authority of Singapore (MAS), the nation’s central
Read More
Tesla CEO Elon Musk, who has been named Time Magazine’s Person of the Year, says bitcoin is suitable as a store of value while the meme cryptocurrency dogecoin is more suitable for transactions. “Even though it’s created as a silly joke, dogecoin is better suited for transactions,” Musk said. Time Magazine’s
Read More
Mario Draghi, president of the European Central Bank (ECB) shares his views on stablecoins, the future of crypto assets, and possible digital form of the Euro.Monitoring developments in cryptoOn Sept. 27, in a letter addressed to European parliament member Eva Kaili, ECB president Mario Draghi noted that the European
Read More