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The meme coin mania has created havoc on the cryptocurrency market this year. According to the market experts, many new investors find it easier to put their money into options like Dogecoin due to their lesser per unit cost. Meanwhile, other cryptocurrency projects like Bitcoin and Ethereum are out of reach from the small investors … Read more
Most centralized governments have been debating on the matter of CBDC or a Central Bank Digital Currency project. However, the association of the private banking sector in Japan is ready to launch the new digital yen before the end of the current year. The group of banking units that include names like Mizuho, MUFG, SMBC, … Read more
Vangelis Tsapas, the founder of a new cryptocurrency introduced in Greece, has left Athens on suspicious grounds that his crypto is nothing but a Ponzi scheme. Cryptocurrencies are developed by insightful people, and a whole team of developers and programmers run the blockchain for that dedicated crypto and continue to update it as time passes. … Read more
At present, the Bitcoin price has crashed down to $49K. Under these circumstances, the direct cryptocurrency holders and investors seem too worried about the current transition, and some even claim that the Bitcoin market can fall to 4K levels. On the other hand, the crypto hedge fund managers and institutional managers seem to remain calm … Read more
Bitcoin, flagship competency, is always the center of debate when it comes to its mining and the possible harms that it inflicts on our environment. China issued a very severe track down against all crypto miners because of the potential effects on the environment and accelerating climate change. China has also made a pact that … Read more
Manchester City announced going into a partnership with a dedicated crypto firm, and the initiative was to go live as soon as possible, but due to some speculations that did arise, questioning the legitimacy of the crypto firm Manchester City has backed down on this partnership. Many football enthusiasts and people who care deeply about … Read more
There have been talks going on that as many countries approach the CBDC element and are trying to create their own digital currencies based on their fiat counterparts, this could disturb the US sanctions. But according to the treasury executives, no digital currency could impact U.S. sanctions in any way because the global economy as … Read more
President Joe Biden recently passed the Infrastructure bill in the presence of media, lawyers, and senate members. However, the entire cryptocurrency market and community members are not happy about the legal implications of the bill under question. Recently, a group of 10 US Congress members has decided to register their boycott of the bill. As … Read more
A Photoshop feature is being launched by Adobe to permit the consumers to organize images as NFTs (non-fungible tokens), which will incorporate content credentials to be displayed for every asset on the marketplaces such as OpenSea. Scott Belsky, the chief product officer at Adobe, disclosed the option “prepare-as-NFT” while talking to Nilay Patel from Verge … Read more
Israel’s central bank reportedly introduced the pilot program for a digital currency with the target of developing the country’s central bank digital currency (CBDC) which will be based on the blockchain of Ethereum. Nonetheless, there is an expectation of some serious challenges to be experienced by the project. Israel targeting at CBDC Several prominent countries … Read more
About five Democrats in the United States Senate have requested that Facebook stop its crypto projects. This was addressed in a letter written on Tuesday by the senators to Mark Zuckerberg, the CEO of Facebook after the social media giant released its digital wallet in collaboration with Coinbase. The new digital wallet launched by Facebook … Read more
Bakkt, a regulated exchange of Bitcoin futures, is scheduled to go live on the NYSE (New York Stock Exchange) today, only a year following its initial offer of physically-settled BTC futures for the consumers in the United States. The exchange is considered to be among the earliest institutional avenues permitting the stop Bitcoin purchase. Exposure … Read more