In an interview with CNBC released Sunday, Nobel Laureate Robert Shiller discussed the bitcoin market. Shiller won The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2013 alongside Eugene Fama, Lars Peter Hansen “for their empirical analysis of asset prices,” The Nobel Prize’s website details. At Yale University, he is the…
According to Changpeng Zhao, chief executive officer of Binance, cryptocurrencies such as Bitcoin and Ether will coexist “for a while” with more restrictive Central bank-issued digital coins. Central bank-issued digital coins Zhao, who runs the world’s largest Bitcoin exchange, believes that central bank-issued digital coins will differ from public coins in a variety of ways.…
On Monday, The Ethereum cryptocurrency (ETH) hit a record high of $3,017 (roughly Rs. 2.2 lakhs), extending a week-long rally fueled by reports that the European Investment Bank (EIB) may launch a digital bond sale on the Ethereum blockchain network. The Ethereum cryptocurrency gained 2% on the Bitstamp exchange to reach the milestone early in…
Although the Bitcoin market struggled to recover, Ethereum’s market was responsible for saving the altcoins from a bearish trend. Since its last decline on April 22nd, Ethereum has experienced a powerful surge of 32%. Since then, the digital asset has stayed near its peak value, with ETH recently attempting to set a new all-time high.…
Cryptocurrency expansion in Africa Since Africa is seen as a third-world continent, it’s easy to ignore the impact of technology over time. Contrary to popular belief, Africa’s technology industry is growing and has improved dramatically over the last decade. Digitalization has had an effect on every sector in Africa and has helped the continent develop…
Tesla announced on Monday that it earned $101 million from the investment, helping it beat analysts’ profit estimates for the first quarter of the year. Traded Above the Bitcoin price of $54000 Bitcoin increased in value after Tesla Inc. reported a $272 million gain on “digital assets” following its $1.5 billion investment in the cryptocurrency.…
