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Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”

This article is contributed by our content partner, Nexchange NOW. Former Business Insider executive editor and current Bloomberg Business editor Joe Weisenthal had some interesting things to say about bitcoin and blockchain. Weisenthal recently posted parts of his Bloomberg Markets newsletter on Twitter and detailed his view that the only point of bitcoin is “to … Continue reading Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”

European Central Bank Plans to Take the Lead on Stablecoins

The European Central Bank (ECB) has announced its plans to get “ahead of the curve” on stablecoins and accelerate their efforts in the digital currency space. During her debut press conference on Thursday, the new ECB President Christine Lagarde urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from … Continue reading European Central Bank Plans to Take the Lead on Stablecoins

Gemini Eyes Singapore Expansion With New Asia Pacific Managing Director

The Gemini crypto exchange has set its sights on an expansion into Singapore with the appointment of a Managing Director for the Asia-Pacific region. The Gemini crypto exchange, owned and operated by the Winklevoss’ Twins, has set its sights into a further expansion into the Asian market with the hiring of Jeremy Ng as Managing … Continue reading Gemini Eyes Singapore Expansion With New Asia Pacific Managing Director

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC). Previously, the US Federal Reserve had stressed the importance of studying central bank digital currency tactfully before proceeding to the next step – moving to launch a CBDC. First and foremost, it needs to ensure that … Continue reading US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

During the Covid crisis, casual investors started to swap stocks and shares and even golf for investment in cryptocurrency, with Bitcoin and other altcoins like Ethereum proving to be hugely popular. Elon Musk continues to endorse cryptocurrencies on Twitter, and his company Tesla has invested $1.5 billion into Bitcoin, amounting to a huge 7.7% of its … Continue reading The End of Bitcoin: Which Cryptocurrencies will survive a future crash?

Swedish Central Bank Delays CBDC Plans Again

The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona. According to the conclusions of the report, the speed at which cash usage has dropped in Sweden could pose a potential problem. This is how a central bank digital currency could come in … Continue reading Swedish Central Bank Delays CBDC Plans Again

CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M

Elwood Technologies, the cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million. According to the announcement from Coinshares Tuesday, the acquisition will be settled by equity swap and expecting to be completed this week. CoinShares, Europe’s largest digital asset investment company under the management of one billion assets, will issue … Continue reading CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M

Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

Swiss local media report Thursday The Chedi Andermatt, a luxury hotel run by billionaire Samih Sawiris, said it will allow guests to use cryptocurrency to pay for their stay in the Swiss Alps.  The five-star luxury hotel locates in the most luxurious and secret ski resort in Switzerland-Andermatt, which was founded in 2013 . According to a Swiss news … Continue reading Swiss's Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

CoinShares Acquires Additional Stake in Switzerland-Based FlowBank

CoinShares, a digital asset management firm based in the UK, announced that getting approval from the Swiss Financial Market Supervisory Authority, has acquired an additional 20.8% stake in FlowBank, a fully licensed online bank headquartered in Geneva, Switzerland. Following the firm’s October 2021 strategic investment of a 9.02% stake in FlowBank, the latest investment brings … Continue reading CoinShares Acquires Additional Stake in Switzerland-Based FlowBank

Bitstamp Appoints New CEO, Reshuffling Leadership

Luxembourg-based cryptocurrency exchange Bitstamp has announced the appointment of Jean-Baptiste Graftieaux as its new global CEO, following the sudden departure of former CEO, Julian Sawyer. The leadership change was described by the trading platform as a seamless one and Graftieaux brings more than 20 years of experience working as a technocrat in various industries, including … Continue reading Bitstamp Appoints New CEO, Reshuffling Leadership

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