A senior official from the Bank of Japan (BOJ) has warned G7 nations that a common framework for regulating digital currencies needs to be put in place as quickly as possible.ย G7 refers to the Group of Seven, an inter-governmental political forum made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The statement comes in response to the continued conflict between Russia and Ukraine, as cryptocurrencies and their potential applications for skirting economic sanctions falls under increasing scrutiny. The head of the BOJ’s payment…
Day: April 1, 2022
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. Thatโs a big โifโ of course, and VanEck thinks the Chinese Yuan is a more likely contender. The lofty assessment for BTC came in a March 30 insights piece written by VanEckโs Head of Active EM Debt Eric Fine and Chief Economist Natalia Gurushina who attempted to compare the price implications for gold and Bitcoin (BTC) if either were…
โ ๏ธ BITCOIN DUMP BEFORE HUGE PUMP?!!!!!!?!!? BTC Technical Analysis.
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Elizabeth Warren Calls for US to Create a CBDC
U.S. Sen. Elizabeth Warren (D-Mass) says it’s time for the U.S. to create its own central bank digital currency Warren spoke with Chuck Todd on his show Meet the Press Reports, scheduled to air at 10:30 p.m. Thursday. NBCUniversal shared a partial transcript of the conversation with CoinDesk. Source
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SEC Names Crypto an Exam Priority This Year โ Regulation Bitcoin News
The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. โIn this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,โ said an official with the SEC Division of Examinations. Crypto Assets Among SEC Examination Priorities The Securities and Exchange Commissionโs Division of Examinations published its annual examination priorities Wednesday. Crypto is among the top priorities highlighted in the report this year. The Division of Examinations conducts the SECโs National Exam Program,…
Why CEOs See Bullish Signs
After bitcoin broke above the $45k resistance level reaching the $48k mark, it has retested the $45k level. Some analysts still expect a rise to above $50k, others have abandoned their bullish approach. Meanwhile, leading CEOs from Pantera Capital and Skybridge Capital remain positive that the coin will reach the $100k mark in a period of one to two years. Bitcoin trading at $45,754 in the daily chart | BTCUSD on TradingView.com Pantera Capital CEO Is โWildly Bullishโ In an interview with Yahoo Finance, the CEO of Pantera Capital Dan…
Analysts debate Bitcoinโs next step after todayโs $45.5K retest
The euphoric calls for a return of the bull market may have been a bit early especially after Bitcoin (BTC) bulls failed to push the price over the $46,000 level on March 31. Even with the current pullback, analysts continue to expect a lower support retest at the $45,000 level. Data from Cryptox Markets Pro and TradingView shows that todayโs attempt to push the price of BTC above $47,500 was soundly rejected by bears which sent the top cryptocurrency plunging to $45,500. BTC/USDT 1-day chart. Source: TradingView Hereโs a look…
Expect A Big EXPLODE Coming To Crypto Market This Year | Raoul Pal
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Tailwinds for South Korea’s Crypto Industry; Bitcoin, Ether Plunge
“Now, Europe is seeking new sources of natural gas to replace Russian imports, which account for 38% of the gas imported into the European Union. In addition to Qatar, European nations are talking with gas producers in Angola, Algeria, Libya and the U.S., according to officials in these countries.” (The Wall Street Journal) … “We are preparing a full exit from fossil energy coming from Russia, starting with oil – but without exporting our energy crisis to other countries. We need to think globally, invest in #RenewableEnergies worldwide & build…