Ein grosser Erfolg für die Bitcoin-Enthusiasten: Im Parlament von Mexico steht neu eine Bitcoin-ATM. Laut Daten von Coin ATM Radar standen in dem Land bereits 13 solche Automaten in Mexiko-Stadt, Tijuana, Cancún, Guadalajara, Culiacán, San Miguel de Cozumel und Aguascalientes. Während Länder wie El Salvador und Panamá den Bitcoin als Zahlungsmittel längst schon gesetzlich legitimiert haben, hinkt das zentralamerikanische Land Mexiko immer noch ein...
Read More »Weekend Watch: BTC Below $40K, ApeCoin Soars 14% Ahead of Otherside Sale
Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale. Bitcoin Struggles Below $40K On April 25, bitcoin initiated an impressive leg up, adding nearly $3,000 in hours. Consequently, the asset spiked to almost $41,000 after its recent nosedives. However, this price increase was short-lived as the bears...
Read More »Stringent Rules Could Turn Singapore Into a Global Crypto Hub, the MAS Says
Ravi Menon – the head of the Monetary Authority of Singapore (the country’s central bank) – said the nation’s crypto regulations will include a “stringent” licensing process. He believes strict rules could reshape the city-state as a global digital asset hub. MAS Seeks the Balance on Crypto Regulations Despite its rapidly-growing popularity in the last several years, the cryptocurrency sector remains a risky field for retail investors. That is what Ravi Menon – Managing...
Read More »India Is Still Unclear When It Comes to Crypto
India is still having a tough time deciding if it wants to allow crypto in its future or not. One of the people casting doubt on whether digital currencies have a space in the later years of India is Union Finance Minister Nirmala Sitharaman, who last Monday explained in an interview that money laundering is a big concern amongst her constituents. India Is Worried about Crypto Money Laundering She believes that money laundering and other illicit crimes are too big to...
Read More »Samsung Asset Management Will List Asia’s First Blockchain ETF in Hong Kong
Samsung Asset Management – Korea’s largest asset manager – plans to list a blockchain-focused ETF in Hong Kong before July. This is reportedly the first ETF in Asia that will include actual cryptocurrency exposure. Asia’s First Blockchain ETF As reported by the South Korean business newspaper Hankyung, the fund will resemble Amplify’s Transformational Data Sharing ETF (BLOK ETF). The latter invests mainly in cryptocurrency-related companies, such as SilverGate Capital, Galaxy...
Read More »Swiss National Bank Chairman: Bitcoin Does Not Meet Currency Reserves Requirements
The Swiss National Bank’s (SNB) Chairman Thomas Jordan revealed that the bank has decided not to have the world’s largest cryptocurrency on its balance sheet. At the same time, though, the organization is mulling over digital currencies to an extent. Bitcoin, Not Yet At the central bank’s annual general meeting on Friday, the Chairman stated that SNB does not believe that Bitcoin meets the requirements of currency reserves in the current perspective. Adding BTC to its balance...
Read More »After 3 Years of Development, Farsite Alpha to Go Live on June 21
[PRESS RELEASE – Please Read Disclaimer] Ever since the inception of bitcoin over a decade ago, the subsequent entire crypto industry has incurred numerous changes, developments, and ultimately, growth and expansion. The way that it is set up right now is significantly different from what it was at the start of the previous decade. The decentralization that came with blockchain technology, however, went several steps further as it allowed other niches to go through massive...
Read More »Zentralafrikanische Republik: Bitcoin legales Zahlungsmittel
Ob man hier bald mit Bitcoin bezahlen kann? Eine französische Bäckerei in Bangui City, der Hauptstadt der zentralafrikanischen Republik. Foto CC 2.0 by Afrika Force Während westliche Industrienationen sich Bitcoin versperren, machen andere immer mehr Länder Nägel mit Köpfen. Als El Salvador Bitcoin als gesetzliches Zahlungsmittel eingeführt hat, gab es einen Aufschrei in der internationalen Finanzelite. Nicht zuletzt der Internationale...
Read More »Bitcoin Cash Analysis: Key Breakout Zone At $312
Bitcoin cash price started a fresh decline from the $322 resistance against the US Dollar. The price is now trading below the $312 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $308 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $300 support zone in the near term. Bitcoin cash price is struggling below $312 against the US Dollar,...
Read More »Neues Cake DeFi Produkt „Borrow“: Cashflow trotz HODL
CakeDeFi Gruender Julian Hosp und Zyn Chua Bei Cake DeFi können Anleger ab sofort ihre Kryptowährungen als Sicherheiten hinterlegen und sich folglich Liquidität verschaffen. Diese Liquidität in Form von DUSD, dem Stablecoin von DeFiChain, kann genutzt werden, um zusätzliches Einkommen zu generieren.Mit Borrow führt die Krypto-Plattform Cake DeFi ein neues Produkt ein, mit dem Anleger Liquidität aus digitalen Vermögenswerten generieren können. Hierzu...
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