New York Fed: Cryptocurrency Received’t Problem Greenback in Close to Or Mid-Time period
Cryptocurrencies are “unlikely” to turn out to be a global financial phenomenon within the coming years, the Federal Reserve Financial institution of New York has claimed.
‘Unlikely To Meet Standards’
In...
A Bitcoin Crash to $8.7K Likely if Price Breaks This Key Level
Bitcoin is facing a considerable risk of falling towards $8,700 should its price break a critical support level.
Earlier fractals indicate that breaking below a so-called 20-week exponential moving average...
Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies...
US Senator Labels Cryptocurrency As A New Threat, Calls For Regulation
Elizabeth Warren, a United States Senator has voiced her concerns about the role of cryptocurrency at large and the threat it poses in the global landscape while stressing the...
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape,...
The Differences Between Forex and Crypto Trading
Many would argue that comparing cryptocurrency trading with forex is like comparing apples and oranges, but that’s not entirely accurate. On closer inspection, there is a number of similarities...
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure...
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial...
Bitcoin Bull Pomp: I Would Tokenize The US Greenback Instantly
Morgan Creek Digital co-founder and serial bitcoin bull, Anthony Pompliano, stated that he would tokenize the greenback instantly if he was the US authorities. That is the one means...
German Cannabis Firm Hedges Bitcoin to Protect from Massive Currency Devaluation
On Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge...
A Chinese Government-Controlled Bitcoin Alternative Is Reportedly in the Works
In the midst of a sino-U.S. trade war, the People’s Bank of China is working to develop its own cryptocurrency prototype. It apparently believes this centralized digital asset can...
