Tag: Digital

Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX – Regulation Bitcoin News

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The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by the Commission on a temporary basis.” Bahamas Regulator Seizes FTX’s Cryptocurrencies The Securities Commission of the Bahamas (SCB) said Thursday that it has obtained a court order to transfer the digital assets owned by, or under the custody or control of, FTX Digital Markets Ltd. (FTXDM) to its…

BITCOIN e CRYPTO Volatilità in vista 🧨 CryptoMonday NEWS w50/’22

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CryptoMonday: Bitcoin, Crypto Mercato e News. Preorder del nuovo Ledger Stax 👉 Hai bisogno di supporto nel mondo Crypto? 👉 – Indice e Riferimenti: ► 00:00 – Intro e Analisi di Mercato ► 01:25 – Finestre Temporali ► 02:45 – Analisi Tecnica ► 05:21 – CPI e Inflazione ► 06:51 – 5 cose da osservare ► 19:08 – Saga FTX ► 20:58 – Banche pronte a comprare ► 22:08 – Celsius updates ► 23:50 – PoRs ► 27:44 – Ledger Stax ►…

CBRT Announces Successful First Payment of Digital Turkish Lira with More Test Scheduled for Q1 2023

According to CBRT, the Digital Turkish Lira needs vigorous testing to ensure that the underlying distributed ledger technology does not fail after rollout. BBThe Central Bank of the Republic of Türkiye (CBRT) has announced a successful first payment transaction using the Digital Turkish Lira. As the county grapples with high inflation under President Tayyip Erdogan, CBRT intends to scale up its pilot test program in 2023 with selected financial institutions. Notably, Turkey is conducting the viability use case for the Digital Turkish Lira until 2025. According to a press release…

Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says – Bitcoin News

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Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he put it, to the “wildest predictions” ahead of New Year’s Eve. Medvedev Sees World Bank Crashing, Musk in the White House and Expensive Oil The Bretton Woods monetary system will collapse next year causing the International Monetary Fund and…

Former Chinese central banker says digital yuan ‘usage has been low’

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A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use. Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s central bank digital currency (CBDC) at a recent university conference, according to a Dec. 28 Caixin report. Xie noted that cumulative digital yuan transactions had only crossed $14 billion (100 billion yuan) in October, two years after launch. “The results are not ideal,” he said,…

3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ’s Research Head

Connors: 2023 will be a barbell for digital assets. It will be the core Layer 1s, Bitcoin, Ethereum, and it will be the use of NFTs by TradFi companies, which is a corollary to my first point. In 2022, the ecosystem was you had your alt level ones like Solana, Algorand and the like providing the bulk of the non-Bitcoin, Etherium, stablecoin market cap. Seventy percent of market cap in digital assets of the last 12 months. So that 30% of market cap is going to shift from alt level…

While His Digital Trading Cards Tumble in Value, Trump Says His ‘Cute’ NFTs Were About the Art – Bitcoin News

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After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection has a floor value of 0.15 ether, which is around 81% lower than the floor value highs recorded last week. Trump Digital Collectibles Slide Significantly in Value Since the Launch, After Looking at the Art Trump Was Pleased With His 30-Inch Waistline The 45th president of the United States, Donald Trump, recently released 45,000 non-fungible tokens…

China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils – Bitcoin News

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A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such assets. National Marketplace to Support Trading of Digital Collectibles and Copyrights in China Chinese authorities are preparing to launch a state-controlled platform allowing the trading of non-fungible tokens (NFTs) and other digital assets, local media announced. The initiative is a joint project between government…

Digital Dollar Will Eventually Make Its Way into Market

The policy research director at the Digital Dollar Project said that the Federal Reserve is waiting for Congress to initiate legislation on CBDC, for them to proceed further. A number of central banks across the world have been working on central bank digital currencies (CBDCs), however, the US Federal Reserve has been a bit slow in this regard. While there’s been no major news with respect to the Digital Dollar recently, things do seem to be moving ahead. Michael Greco, policy research director at the Digital Dollar Project recently said…