Tags : world

Bitcoin

The World Bank wants no part in El Salvador’s Bitcoin

The World Bank has refused to assist El Salvador with integrating Bitcoin into its financial infrastructure, a report on Reuters said today. The Central American country made history last week as it passed a bill making Bitcoin legal tender. However, since then, several authorities, including the IMF, have poured cold water on the idea. With […]Read More

Market

Is China softening on Bitcoin? A turn of phrase stirs

They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin — the seminal cryptocurrency — by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker. “A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael […]Read More

Bitcoin

Scaramucci says Bitcoin is changing the world as Copernicus did

Anthony Scaramucci appeared on CNBC’s Squawk Box to talk Bitcoin. In doing so, he said, the world is changing when it comes to money. To illustrate the significance of this, he compared Bitcoin’s takeover of finance to the publishing of Copernicus’s heliocentric theory. “It was 1500 something when Copernicus said we may be revolving around […]Read More

Bitcoin

‘DeFi is really eating the world of finance,’ says Kraken

The emergence of cryptocurrencies such as Bitcoin and Ethereum made it obvious how much traditional markets lack transparency and are stacked against the “little guy,” Jesse Powell, CEO of crypto exchange Kraken, told Yahoo! Finance in an interview published on Friday. “Ethereum gives you access to a whole world of decentralized smart contracts, decentralized exchanges, […]Read More

Regulation

World Economic Forum to host cryptocurrency discussions at Davos this

The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market. And it’s now discussing it more formally. WEF discusses crypto This week will see two cryptocurrency events take place between officials of the World Economic Forum, the international commerce think tank, as part of the high-profile Davos meeting. […]Read More

Blockchain

The world of Polkadot (DOT): A 2020 year in review

According to Gavin Wood, the founder and lead developer at Polkadot, The ambitious blockchain project has had a hugely successful year and will continue to be the most decentralized network on the market. Wood published a roundup of the company’s achievements in 2020 and shared the company’s plans for next year. Grant programs and treasuries […]Read More

Cryptocurrency

Bitcoin is now worth half of all silver in the

With a market cap of almost $780 billion, Bitcoin is currently worth half of all the silver that has ever been mined. According to data from Infinite Market Cap, Bitcoin has also surpassed tech giants Facebook, Tencent, and Alibaba in terms of market cap, as well as Warren Buffett’s Berkshire Hathaway. Facebook, Tencent, Alibaba dethroned […]Read More