Prasad stated that Bitcoin’s lack of efficiency and its inability to facilitate exchange as a mode of payment will be the reason for its downfall. The future of Bitcoin is hard to predict, but Eswar Prasad, an international trade policy professor at Cornell University has warned that the world’s most …
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In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows Pakistanis Hold $20 …
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The Twitter interaction between the Grammy Award-winning rapper and the tech billionaire about crypto usurping the dollar prompted plenty of reactions on Twitter In a recent Twitter exchange, with Grammy award-winning rapper Cardi B, former Twitter CEO Jack Dorsey said on Tuesday that Bitcoin will replace the US dollar. Cardi …
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Markets ASX near six-week high after Santa rally ASX near six-week high after Santa rally New crypto has the market buzzing New crypto has the market buzzing Currency collapse shows future of crypto Currency collapse shows future of crypto Bitcoin investors woke up to a nice Christmas present with the …
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“The metaverse” is a very fuzzy term. Broadly, it refers to virtual worlds where people (using avatars) can play games, work, create and trade things, watch virtual concerts, hang out, and more. Some think there’ll be one big metaverse, while others envisage a multitude. Facebook has pivoted to focus on …
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The company’s stock rode a euphoric wave that reflected the frothiness of digital coins, where Bitcoin’s (BTC-USD) price was setting record after record. Coinbase’s stock briefly touched $429 in its debut, briefly pushing its market value over $100 billion before it came back to earth. The momentous rise and …
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The President of El Salvador, Neb Bekele, once again declared his love for Bitcoin to the public. In his tweet, Bekele boldly declared that the days of fiat money may soon be over and that Bitcoin is the “real revolution” the world is currently experiencing. Bekele also mentioned that El …
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The Series D funding round was led by global investment firm KKR and included Goldman Sachs, Alameda Research and Andreessen Horowitz. Anchorage Digital closed a $350 million funding round, valuing the cryptocurrency custodian at more than $3 billion. The Series D funding round was led by global investment firm KKR …
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A major risk reduction event has already taken place, leaving the door open for a classic “real buy” transaction following the Fed’s decision. Bitcoin seems to have swallowed the recent devaluation of the US Central Bank’s anti-inflation policy with a significant decline in recent weeks. Analysts say the cryptocurrency …
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