Tag: finance

LARGEST Cryptocurrency REGULATIONS Will Be Introduced June 7th! Could Be HORRENDOUS For Altcoins

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Important Bill For Altcoin Holders Will Be Introduced June 7th. This is what you need to know! 💥 Trade crypto with zero fees on FTX App. Use referral code “ALTCOINDAILY” and get up to $100 FOR FREE: Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Senator Cynthia Lummin & Michael Saylor on June 7th Crypto Bill 1:25 – Introduction (Watch the WHOLE Video) 1:44 –…

India aims to develop crypto SOPs during G20 presidency, says finance minister

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The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. 1, 2022, to Nov. 30, 2023. Sitharaman has previously called for global collaboration to decide on crypto’s future and has been cautious against mainstream crypto adoption citing risks to financial stability. However, speaking to local Indian reporters on Oct. 15, she confirmed, “That (crypto) will also be part of India’s thing (agenda during G20 presidency).” The G20, or Group of Twenty, is a global forum for…

Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar – Finance Bitcoin News

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Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the region. China Suggests Minting Asia-Wide Digital Yuan Underpinned by Distributed Ledger Technology Chinese government researchers have proposed the introduction of a new digital currency in Asia in order to reduce the region’s dependence on the U.S. fiat money. The common…

Barely halfway and October already the biggest month in crypto hacks: Finance Redefined

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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. October is historically associated with the bulls, but in 2022, the month has also become the leader in crypto hacks as barely halfway through, and the DeFi ecosystem has already seen nearly a dozen hacks resulting in losses of hundreds of millions of dollars. The largest hack occurred on Solana’s DeFi platform Mango Markets on Oct. 11, resulting in a loss of over $100…

Ethereum After The Merge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Now that the #Ethereum merge (transition from proof of work to proof of stake) has come and gone, it is worthwhile to perform some type of price analysis. In this video, we continue to discuss the macro headwinds that #ETH faces in the short-term and discuss the outlook on #ETH / #USD and #ETH / #BTC pairs. Let me know what you think of this analysis in the comments! Sign up for the ITC newsletter: Every month, 1 person will be randomly…

UK Finance Minister Kwarteng Fired

Hunt currently chairs the House of Commons’ healthcare committee. He has previously served as minister responsible for health, and culture – of which the latter portfolio included responsibility for digital policy. In 2019, while standing in the leadership contest to replace Theresa May – which Johnson eventually won – he said he was a “tech entrepreneur” who wanted to make the U.K. the next Silicon Valley-style innovation hub. Source

Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says – Finance Bitcoin News

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Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas. People’s Bank of China Reports 360 Million Digital Currency Payments Transactions with China’s central bank digital currency (CBDC) exceeded 100 billion yuan in value ($13.9 billion) as of Aug. 31, 2022, rising from almost 88 billion yuan by the end of 2021, the…

Top 9 LOW-CAP Altcoins BIG POTENTIAL | Best Cryptocurrency Investments (RIGHT NOW)?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What do you think of the 9 low-cap altcoins I picked? [Watch The Whole Video] Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Original Top 6 Altcoin Video: Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 1:07 – Altcoin #1 3:25 – Altcoin #2 5:58 – Altcoin #3 7:28 – Altcoin #4 8:31 – Bonus Coin #1 9:01 – Bonus Coin #2 9:53 – Altcoin #5 11:15 –…

Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features – Blockchain News, Opinion, TV and Jobs

Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards. DeFi holds the potential to financially empower investors and traders in ways that were previously unimaginable in the traditional financial world. Despite that, most of the existing DEXs with margin trading features still use centralized trade execution…

Football's Cryptocurrency & NFT Crisis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io From clubs launching fan tokens through companies like Socios, to clubs, competitions, and footballers releasing their own NFT collections, an enormous amount of money has flooded into football from the cryptocurrency industry over the last few years. As far as the likes of FIFA, UEFA, and the Premier League seem to be concerned, these sponsors, digital assets, and non-fungible tokens are easy money with very few overheads – but increasingly they are being met with opposition from fans. In this video, HITC…