The deadline to submit statements on the topic of a Digital Euro is June 14th, and the following individuals and entities are encouraged to submit their opinion on the matter. Payment industry specialists, payment service providers (including credit institutions, payment and e-money institutions), payment infrastructure providers, developers of payment solutions, merchants, merchant associations, consumer associations, retail payments regulators, and supervisors, […]

Jack Dorsey wants investors to look at Block as an ecosystem rather than just a payments company. The company executives pointed to the financial growth of the company as an indication that it is on the right path. Block has made Bitcoin its forte but has been spreading its tentacles in the unlikeliest of regions. Block, formerly known as Square, […]

Time to Be Extremely Selective With Your Bitcoin and Crypto Buys In his concluding remarks on the bear market, Mr. Ong recommended that the crypto community be highly selective with their Bitcoin and crypto purchases. He also pointed out that Bitmex’s Hayes had stated that he would be a Bitcoin buyer at $20k and Ethereum buyer at $1,300. Source: Read Full […]

Cryptocurrencies leaped on Friday tracking the broad-based recovery in the global stock markets. Equities rose as a cut in the Loan Prime Rate by China bolstered hopes of a quick economic recovery. Overall crypto market capitalization increased to $1.30 trillion, versus $1.25 trillion early on Thursday. Bitcoin is trading 4 percent higher at $30,303.83. The lead crypto currency has surged […]

On Wednesday (May 18), famous gold bug and cryptocurrency skeptic Peter Schiff expressed surprise at how well the Bitcoin price is holding up (despite all the various macro headwinds and the recent collapse of the Terra ecosystem). Peter Schiff is the CEO of Euro Pacific Capital, a full-service, registered broker/dealer specializing in foreign markets and securities, and founder and Chairman of SchiffGold, a […]

Shares of Cisco Systems, Inc. (CSCO) are down more than 11% in pre-market on Thursday after the company provided fourth quarter as well as full-year outlook below consensus estimates. Cisco said Covid lockdowns in China and the war in Ukraine impacted its revenue in the latest quarter. Cisco expects fourth-quarter revenue to decline 1%-5.5% year over year. Adjusted EPS is […]

Ben Bernanke, former US Fed chair, has said that Bitcoin has failed to meet the requirements of a medium of exchange or store of value. But on the other hand, Bernanke perceives the digital asset as a tool for criminals. Bernanke Takes A Swipe At Bitcoin Ben Bernanke, who guided the US through the turbulent times of the 2008 financial […]

Crypto market capitalization increased in the past 24 hours as markets attempted to move in tandem with the global rally in stock markets, especially the tech stocks. Stablecoins continued to impact sentiment amidst reports that another algorithmic stablecoin DEI lost its peg to the Dollar. DEI, ranked 2856 overall is currently trading at $0.5812. Investors also assessed the fate of […]

Current Bitcoin Price Range Between $27,600 and $32k Might Be an Opportunity to Buy The number of addresses holding one or more Bitcoin hitting a new all-time high comes when BTC is trading at $29,400 and between the local low of $26,700 set last week and the $32k resistance level. This range also contains several important support and resistance zones […]