Banque de France (the French central bank) has announced the successful testing of its central bank digital currency (CBDC) in collaboration with multiple financial and tech groups. The experiment was considered to be successful on December 17th of 2020 but wasn’t announced until January 19th of this year via a press release. It was completed [...] The post Banque de France Successfully Completes...
Digitalization, especially in the finance sector, is gaining traction all over the globe. People are turning to digital ways of carrying out transactions as opposed to conventional methods. Not to be left out, the European Central Bank (ECB) has disclosed plans to launch the digital euro. Notably, it would only function as a digital...
Bitcoin price is displaying amazing performance. The market capitalization of all cryptocurrencies has touched $1 trillion. At the time of writing this, the Bitcoin price is sitting at USD 37181.70. This could be the right time to dive into the world of cryptocurrency. There are several ways to exchange your euros for Bitcoin. The simplest is to pay a...
Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”
Bankhaus von der Heydt partnered with Bitbond to issue EURB stablecoin on the Stellar Network.
The ECB president termed stablecoins as “risky assets” but praised the digital euro.
Bitcoin (BTC), the largest virtual currency in the market, became also the best performing coin in the last 24 hours among the top 75 coins. Altcoins are tanking […]
Bitcoin is maturing, suddenly becoming a respected asset that institutions, hedge funds, and even corporations are considering. The cryptocurrency shares many similarities with gold, giving it the attributes of a commodity, yet works equally as well as a currency. Due to this, Google Finance lists Bitcoin alongside of a batch of top forex currency trading pairs. However, at some point, Bitcoin quietly moved...
Investors predicting sharp upsides in the Bitcoin market could meet a string of aversions from a bullish US dollar outlook. On Friday, the greenback inched higher–and the Bitcoin price slipped lower–after the news that Donald Trump and his wife Melania had tested positive for...
2020 has been a rollercoaster year for Bitcoin. The lockdowns caused by the coronavirus pandemic earlier in the year pushed the crypto lower by almost 60 percent. Its crash shortly followed an equally aggressive rebound that took its price up by 220 percent. It is safe to say that Bitcoin is sitting in a...
Bitcoin may undergo a significant price correction before the US presidential election due to its proximity to gold, hints Clem Chambers. The CEO of ADVFN – Europe's leading stocks and shares website,...
Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day. The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress...
Even as the bitcoin price jumps against favorable macro fundamentals, a chartist sees the cryptocurrency moving downwards in the coming sessions. The pseudonymous analyst pitched a highly bearish scenario for BTC/USD on Monday. He envisioned that the pair's 50-day moving average would close below its 100-day moving average, leading to...
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading Florida-based research firm Standpoint Research. He said in an early Thursday tweet that Bitcoin might fall by another $400 (or more) in the coming sessions. The expected downside move should come if...
Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year....
Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The independent market analysis portal spotted the benchmark cryptocurrency testing the support of a...
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