Month: May 2022

Breaking News: क्रिप्टो करेंसी पर भारत सरकार का बड़ा फैसला | Indian Government On Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is India’s policy on Cryptocurrency? A discussion with industry organisations and specialists on cryptocurrency was convened today by the Parliamentary Standing Committee on Finance, led by BJP MP and former federal minister Jayant Sinha. क्रिप्टो करेंसी पर क्या भारत की नीति? इस विषय पर संसदीय पैनल की यह पहली बैठक है, जिसने निवेश की संभावनाओं और जोखिमों के बारे में विभिन्न क्षेत्रों की जिज्ञासाओं के साथ-साथ चिंताओं पर भी बात की गई. #IndiaGovtOnCryptocurrency #Cryptocurrency #BreakingNews About Channel: ज़ी न्यूज़ देश का…

Powers On… When will we learn from recent history to protect our crypto and ourselves? – Cointelegraph Magazine

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Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of the dollar in terms of value and stability, and that if you want to convert your stablecoin to dollars, you can do so easily and instantaneously. Yet, they do no such thing, as demonstrated by the recent collapse of Terra and its TerraUSD stablecoin and LUNA token and also made clear in September 2008 by the collapse of the Reserve…

Blockchain tech offers multiple paths to financial inclusion for unbanked

Financial inclusion, accessible services and the unbanked are standard talking points in many conversations about crypto. But, the details may remain somewhat fuzzy — the people who talk about crypto are generally those already inside the financial system. There are people who are actively working to increase financial inclusion and access to services for the vast number of people who are unbanked or underserved.  CBDC for the people Central bank digital currencies (CBDC) will serve different purposes in different places. In economies where individuals have moved away from high levels…

MetaMask Has a Plan to Help Victims of Crypto Scams

Then there’s the more traditional heavy lifting needed to commence civil litigation, usually involving lawyers, serving information notices on exchanges and so on, said Aidan Larkin, CEO of Asset Reality. This helping hand offered to wallet users comes courtesy of MetaMask; Asset Reality is not in this to win some percentage of assets recovered, Larkin added. Source

ETH Hits 2-Week Low, Following Move Below $1,900 – Market Updates Bitcoin News

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Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing. Bitcoin BTC fell below $29,000 earlier in today’s session, as bearish pressure continued to intensify heading towards the end of the week. Following a high of $29,972.64 only yesterday, the world’s largest cryptocurrency dropped to an intraday low of $28,954.97 earlier in the session. The move saw BTC/USD head for its…

How NFTs Will Drive the New Wave of Consumer Loyalty

While NFTs are non-fungible, they can still change hands just like any other digital asset, and the secondary market for NFTs is still in its infancy. So let’s say Amy, from our cosmetics example, doesn’t really want her exclusive experience with a makeup artist – she can put her NFT on the secondary market and trade it for crypto, cash, or another NFT offering a similarly valued experience. Source

Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

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ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. ARK Invest submitted on May 13 yet another application for its physical Bitcoin ETF, the ARK 21Shares Bitcoin ETF, according to a filing with the U.S. Securities and Exchange Commission. The application includes a proposed rule change from the Chicago Board Options Exchange (CBOE) BZX Exchange. According to Bloomberg ETF analyst Henry Jim, the latest deadline for approval or disapproval of…

For Financial Advisors, Bitcoin Is the Next Nasdaq

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Today a better analogy is the elite members of the Nasdaq. At over $20 trillion of total market capitalization, this index (and its primary constituents) were the primary creator of wealth for stock investors in the decade that ended last year. The top seven companies in the index – Apple (AAPL), Microsoft (MSFT), Alphabet (Google) (GOOG), Amazon, Tesla (TSLA), Nvidia (NVDA), and Meta (Facebook) (FB) – accumulated approximately $11 trillion of total value, roughly $10 trillion (i.e., 90%) of which was generated in the last decade. Original

ECB president’s anti-crypto comments trigger community responses

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The crypto community has fired back at European Central Bank (ECB) President Christine Lagarde for her recent anti-crypto remarks, with people expressing disappointment and even criticizing the euro. As crypto markets show signs of stagnation, Lagarde reminded the world of her stance on cryptocurrencies. According to her, cryptocurrencies are “worth nothing” because the assets are “based on nothing.” Additionally, she expressed concerns for those who invest in crypto and called for regulation. Responding to these comments, the crypto community expressed their sentiments. Sheila Warren, CEO of the Crypto Council for…