Coins

XRP Price Prediction: XRP Price Aims $1 As It Sails Higher Within A Rising Wedge

March 28th, 2022

The slow and steady recovery in Ripple(XRP) price approaches the $0.8-$0.9 resistance zone. The lack of strong bullish momentum and decreasing volume activity may tease a bearish reversal, but, in that case, the support trendline breakdown stands as a key confirmation for short-sellers. Key points:  The XRP price action narrowing within the wedge pattern The…

Russia-Ukraine War Can Boost Global Crypto Adoption: BlackRock CEO

March 24th, 2022

Larry Fink, CEO of investment management firm BlackRock, said on Thursday about a possible boost in crypto adoption due to the Russia-Ukraine war, changing his crypto stance to positive. He says, the war has pushed foreign transactions’ settlement shift to crypto and digital currencies from banks and foreign-exchange settlement companies. BlackRock CEO Fink On War…

DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies

March 23rd, 2022

The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group CEO Piyush Gupta talked about cryptocurrency and its regulation at the recent Economic…

Qatar Central Bank Studying Digital Banks and CBDCs

March 18th, 2022

Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC An official with the Qatar Central…

RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency

March 17th, 2022

The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that India’s central bank digital currency (CBDC), which the RBI will launch this financial year, is “a digital version of traditional paper…

Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’

March 10th, 2022

Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious, and important part of the economy and society.” Crypto Community Welcomes Biden’s Executive Order…

BTSMG – BitShares Awareness Campaign in Bang Saen, Thailand

March 6th, 2022

BitShares in Bang Saen, Chonburi, Thailand Brand Awareness Initiative by BTSMG for the BitShares blockchain, taking the form of street-food vendor promotional sponsorship, 6-month renewable contracts. Hatching of a campaign idea BTSMG has been discussing ideas for brand awareness marketing.  A local Thai person known to the group would be setting up and starting a…

European Union To Ensure Russia Cannot Dodge Sanctions Through Crypto

March 3rd, 2022

The European Union will ensure that Russia cannot use cryptocurrencies as a means to dodge strict economic sanctions, French Finance Minister Bruno le Maire said. His comments come amid widespread debate on the matter. Speaking at a press conference after a meeting of European finance ministers, le Maire said the recent sanctions against Russia had…

Ukraine Announces Airdrop As Crypto Aid Crosses $50 million

March 2nd, 2022

The Ukraine Government said on Tuesday it would airdrop crypto donated to the country’s official wallet, as donations crossed $50 million. The country’s official twitter handle said an airdrop was confirmed, and that a snapshot would be taken on March 3, at 6 pm Kyiv time (4 pm GMT). Airdrop confirmed. Snapshot will be taken…

U.S. Includes Crypto In Russian Sanctions, Warns Exchanges

March 1st, 2022

The U.S. Treasury Department said that recent sanctions leveled against Russia will include checks on digital currencies, with effect from March 1st. The White House also warned major crypto exchanges against transacting with sanctioned entities. In an executive order set to be formally published later in the day, the government states that it will take…