Israel’s central bank is said to have completed a secret pilot for a central bank digital currency (CBDC) based on Ethereum’s technology. Globes, an Israeli financial news site, published the assertion, which was then confirmed by BNN Bloomberg. The Bank of Israel (BOI) allegedly completed its pilot in an experimental, closed environment based on Ethereum’s…
Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as a crypto exchange service provider based on the revised Fund Settlement Act. According to…
The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern with a “neckline around $30K the pattern measures a…
Then Dogecoin isn’t traveling to the moon? Dogecoin was created as a joke in 2013. Jackson Palmer and Billy Markus invented it to mock the rise of cryptocurrencies by turning the internet meme doge into a cryptocurrency. While it started as a joke, it turned into a useful tool because of its enormous supply and…
The Reserve Bank of India (RBI) has been at odds with India’s crypto business for quite some time. The relationship between the two is best defined as adversarial. Because the Reserve Bank of India is concerned about India’s ability to absorb financial shocks, it has repeatedly pointed out the drawbacks of adopting cryptocurrencies. The sector,…
Bitcoin price bounces to $33K but analysts say ‘it’s too early to call a bottom Dip buyers stepped in as Bitcoin price fell to $29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume means the crypto market has not found a bottom yet. Cryptocurrency investors found little…
