Damien Hirst, a contemporary artist known around the world, talked about similarities and differences between artwork and fiat currency as he prepared to drop 10,000 NFTs tied to his physical paintings. Speaking with Cointelegraph’s Andrew Thurman at his London studio in May, Hirst answered questions in a magic 8-ball fashion, by opening up one of the boxes containing hundreds of […]

Bitcoin has jumped back from its critical support zone at $31,200 and trades at $31,835, at the time of writing. The first cryptocurrency by market cap has seen an increase in selling pressure during this week. Experts predict another capitulation event, but they can’t agree on the timing and volatility. Any move to the downside or upside could be built […]

Bitcoin has so far enjoyed a good amount of success these past years, and so it is not surprising that investors want to continue to believe that the digital asset will continue its growth spurt. But what could very well be faith in the market might also be a denial of the obvious, which is that bitcoin has finally entered […]

In the past, there have been loads of cryptocurrencies that have failed because of bad planning or fraudulent agendas. Today, there are more than 10,000 cryptocurrencies in the market. While some want to replace the use of dollars, others aim to make loans readily available in developing countries around the world. For safer options and bigger investments in cryptocurrencies, have […]

Binance’s highly popular stock tokens, a relatively recent offering, are being wound down immediately. In an announcement published on Friday, the exchange announced that “effective immediately,” stock tokens are unavailable for purchase on Binance.com. As of October 14, 2021, at 7:55 pm UTC, the exchange will no longer support stock tokens at all.  Existing stock token holders will have some […]

A United Nations commission weighs in on El Salvador’s move to accept BTC as legal tender, warning the Latin country of economic, financial and legal challenges ahead. Following a series of warnings by world’s organizations and financial institutions, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) warns that accepting BTC as legal tender may pose money-laundering […]

Euroclear, a Belgium-based securities clearing firm, today released its financial results for H1 2021. The financial services platform reported strong growth in operating income and net profit. According to the released numbers, Euroclear’s business income reached €723 million in the first six months of 2021, which is 13% higher compared to the same period in 2020. Net profit also jumped […]

The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc to implement a Central Bank Digital Currency (CBDC) project. The progress made by the European Central Bank is a step towards a "CBDC era". The CBDC age The CBDC wave […]

Ripple's (XRP) downside move appears to have subsided as price consolidates above $0.59 support. Bears have retested $0.59 support on three occasions, while bulls have bought the dips. Crypto upside has been restricted below $0.62 resistance. XRP price correction was repelled twice at the recent high. Last week, XRP/USD traded between $0.59 and $0.62. This week, if the range-bound levels […]