Month: May 2022

India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy – Economics Bitcoin News

India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization of Economy The Reserve Bank of India (RBI), the country’s central bank, has warned that cryptocurrencies could lead to the dollarization of a part of the Indian economy, PTI reported Monday, citing unnamed sources. During a briefing with India’s Parliamentary…

Taki Enters The Indian Market with First of its Kind Engage-to-Earn Crypto Economy

boss

Taki, a blockchain-based social media platform that rewards users for their engagement with quality content, has announced a milestone of reaching approximately 600K users on the product waitlist. With the IEO launch of the $TAKI token, TAKI DAO raised $360K USD from individuals around the world. This, along with the fact that trading started at 10x the IEO-price of $0.04, is a strong indicator of community excitement. Trading volume peaked at $58M before settling down with three exchanges adding the token by the IEO day’s end. Earlier this month, Taki…

ETH Remains Above $2,000, While BTC Recaptures $30K Level – Market Updates Bitcoin News

boss

BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC was trading above this level as bulls made a comeback on Tuesday, Following a low of $29,251.89 during Monday’s session, BTC/USD rose to a peak of $30,678.68 earlier today. Since falling below $30,000 last week, markets have been volatile, as prices have looked…

🔴CRYPTO MARKET CRASH ALERT🚨HUGE PRICE FALL!📈BITCOIN NEWS TODAY | CRYPTO NEWS TODAY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✅Join our Telegram channel👇 Follow us on Twitter Account : Instagram Account : Use this best exchanges for trading : Wazirx Exchange: Huobi Global Exchange: Binance Exchange: Bitcoin news today, china Crypto Ban, China Crypto Ban mining, Bitcoin Crash, Bitcoin Dump, US fed meeting, FOMC meeting, FOMC meeting Cryptocurrency, Fed meeting Cryptocurrency, Why Crypto Market Down, Bitcoin price prediction, how to mine bitcoin, Bitcoin latest news, Bitcoin Updates, China Fud News on Bitcoin, Crypto Market Down, Bitcoin price drop, China Fud News,…

Madeira ‘embraces’ Bitcoin and how the president met Michael Saylor

boss

The tiny Portuguese island of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement made during the Bitcoin Miami Conference in 2022 has spurned confusion and misinformation. The President of the Regional Government of Madeira, Miguel Albuquerque, hopped onto the stage in April to announce that he believes in the “future of Bitcoin,” and that he would work to “create a fantastic environment for Bitcoin.” However, the details remained unclear.  Cointelegraph spoke to André Loja, a Madeiran entrepreneur who spearheaded the plan to bring Bitcoin to…

Jump-Backed Wormhole Bridge Expands to Algorand Blockchain

“Wormhole has quickly become one of the largest DeFi networks in the world,” Wormhole Foundation Director Hendrik Hofstadt said in a statement. “The network plays a key role in enabling liquidity to flow into new ecosystems, which has a profound impact on the growth and expansion of decentralizing protocols, projects, liquidity, governance, and participation.” Source link