Digital Currencies like Bitcoin are still far from becoming mainstream, but their growing popularity has been forcing bigger and smaller payments players globally to take a stance. The increasing number of crypto card offerings is indicative. Let’s take a look. Essentially a #cryptocurrency is a form of payment with which people can buy goods and services, however much of the interest has so far been speculative. It’s worth paying attention to...
Read More »Bitcoin Price Analysis: BTC Could Slide Below $36K
Bitcoin price extended decline below the $37,800 zone against the US Dollar. The price is now trading below $38,500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $39,380 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,000 level. Bitcoin price is struggling below $39,000 against the US Dollar. BTC might extend losses if...
Read More »Sen. Cynthia Lummis Shares Details of The Crypto Bill She Has Been Working On
On May 3, U.S. Senator Cynthia Lummis (R-WY) was interviewed by Axios news media and revealed important details about the crypto bill she hopes to introduce before the end of the year. The bill, Lummis says, adapts the legal framework so that cryptocurrencies and traditional assets fall under similar regulatory categories. “We’ve designed it so it works within the customary framework for managing and regulating traditional assets. So, for example, Bitcoin is a commodity. So...
Read More »Weiss Ratings Voiced Concern Over Crypto-Backed Mortgages Amid Market Uncertainty
Cryptocurrency-backed mortgages are repleted with risks akin to those responsible for the 2009 recession, said the US-based rating company Weiss Ratings. Referring to Miami startup Milo, a digital bank that offers crypto-backed home loans, the firm noted that the plans “are fraught with warning signs.” Milo Home Loans With Digital Assets as Collateral Milo helps customers buy US real estate by pledging digital assets as collateral. According to its website, the project has...
Read More »Bitcoin Is Doing Great Things in Foreign Nations
Bitcoin is often touted as something that can potentially move the world in the right direction. It allegedly offers people financial freedom and more control over their monetary decisions, and the world’s number one digital currency by market cap appears to be producing solid results in foreign markets and nations. How Is Bitcoin Helping People Around the World? One case where the currency is performing acts of good is in both China and North Korea. Not long ago, North...
Read More »MyCitadel 1.0, un wallet Bitcoin nouvelle génération
Produit par la société Pandora Core et notamment le Dr Maxim Orlovsky de la LNP/BP Standards Association, la première version du wallet MyCitadel a été annoncée aujourd’hui. Disponible sur Linux, Mac OS et Windows, MyCitadel prend en charge Taproot et permet surtout de réaliser des transactions avec des conditions de dépense complexes. « MyCitadel est un portefeuille […] rapide, sécurisé,...
Read More »US Issues New Sanctions Against Crypto Miners in Russia
The United States is imposing more sanctions on Russia for its alleged involvement in the Ukraine invasion. The country is now saying it will penalize all crypto miners who seek to assist Russia in evading the present regulations set forth by the U.S. and its allies. Russia Is Getting Hit Again The United States has long been at it with Russia. The country potentially invaded Ukraine back in February despite many attempts from the U.S. and other countries to dissuade it...
Read More »Phunware Hires Matt Lull as Its Chief Crypto Officer
Phunware, Inc. – an enterprise cloud platform and services firm for global brands – is bringing Matt Lull onboard as its new executive vice president and chief cryptocurrency officer. Lull brings 30 years of financial experience to the role, and his position took effect on April 18 of this year. Phunware Is Growing Its Crypto Abilities The addition of the role suggests digital currencies are now crossing deeply into mainstream territory, and we can likely expect to see...
Read More »Paul Tudor Jones on the Biggest Thing Holding Bitcoin Back
Billionaire hedge fund manager Paul Tudor Jones explained on Tuesday why he’s still bullish on Bitcoin, despite its flat price over recent months. He believes the crypto ecosystem is part of a broader trend toward a borderless internet and globalized world, and that younger generations will bring it about. Centralization VS Decentralization When speaking with Joe Kernen of Squawk Box, Jones specifically described a “generational” and “digital” divide around Bitcoin. While...
Read More »Paris, Rennes, Strasbourg, Lyon, Bordeaux, Antibes, Neuchâtel… les rencontres de la semaine
De nombreuses rencontres autour de Bitcoin et des cryptomonnaies auront lieu cette semaine : Mardi 3 mai :– Paris : Crypto Drink au Carrousel– Rennes : Bitcoin Meetup au Hangar Mercredi 4 mai :– Paris : Bitcoin Meetup au Sof’s bar– Strasbourg : Cryptopinte au Blue Moon– Lausanne : Bitcoin Meetup au Qwertz Café– Lyon : Apéro Bitcoin au Bouchon Comptoir Brunet Jeudi 5 mai :– Neuchâtel : Beer to beer au B’Art– Bordeaux :...
Read More »