finance Archives

Bitcoin and Ethereum Outlook (A Discussion With VentureFounder)

July 24, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 1:04 – BTC TA/Outlook 8:56 – Paths after BTC bottom? 10:45 – BTC On Chain Data 18:10 – BTC Dominance 21:28 – ETH TA/Outlook 29:15 – Final Thoughts It is time to continue our collaboration series! In this video we talk with VentureFounder about their #Bitcoin and #Ethereum outlook? Where are we in the current market cycle and what can we expect? In this video we look at price and on-chain charts! Follow VentureFounder on Twitter: Into The Cryptoverse Premium SALE: LIFETIME…

Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments – Finance Bitcoin News

July 23, 2022 boss

The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year End Indonesia’s monetary authority is advancing with a project to issue a digital version of the national fiat for wholesale transactions. It plans to release the conceptual design of the future digital rupiah by the end of 2022, Governor Perry…

Why DeFi Might Be Safer Than Traditional Finance

July 22, 2022

The answers are complex, but essentially boil down to specific financial and technical design decisions. Some of these, such as systemic transparency, overcollateralized lending and automated liquidation of borrowers, are inherent to DeFi. Other features, including “tokenomics” and governance, can vary dramatically between systems – and go a long way to explaining why not all DeFi is created equal. Source

The REAL REASON Bitcoin, Ethereum, & Altcoins are CRASHING!! [Market Manipulation]

July 22, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Who is causing the great crypto crash of 2022? Is it Terra Luna? Joe Biden? The Federal Reserve? Find out IN THIS VIDEO! Hit Like, Share, and Subscribe for more daily cryptocurrency news Coinspaid – the largest crypto processing – CoinsPaid Telegram Chat: Twitter: Token page Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:44 – Do Kwon & Terra Luna 2:07 – Terra Collapse Wasn’t Main Factor in the…

Rockefeller Investment Company Bullish Against Bitcoin

July 21, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io One of the leading US investment firms, Rockefeller, has expressed a bullish view of Bitcoin (BTC). In the midst of the bearish crypto market, the optimistic view of crypto assets in the long term is increasing from business activists and observers. According to Finbold’s report, the chairman of investment firm Rockefeller, Ruchir Sharma, has expressed a bullish view of the major crypto assets. According to him, Bitcoin has controlled the current bearish crypto market, so the future looks brighter. In addition, Sharma…

Dragonfly Capital Leads $13M Round for DeFi Infrastructure Startup XLD Finance

July 19, 2022

XLD Finance, which offers cross-border decentralized finance (DeFi) tools for emerging markets, raised $13 million in a pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto. The funds will go toward product development and hiring engineers, according to a press release provided to CoinDesk. Source

Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI

July 19, 2022

Layer 2 protocols run a separate blockchain on top of the mainnet, providing a secondary framework where transactions can take place. Once the transactions are processed, the data is sent back to the layer 1 blockchain, where it is stored in the blockchain ledger. That way layer 2s help alleviate network congestion on the mainnet. Source

The Cryptocurrency Billionaires Of 2021's Digital Gold Rush | Forbes

July 19, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s a digital gold rush. The surge in the value of Bitcoin and other cryptocurrencies pushed nine new crypto billionaires onto the Forbes list. As the cryptocurrency market grows, so does the industry’s three comma club. When the U.S. economy tanked in March 2020, panicked investors dumped stocks and risky assets for cash and treasuries. Bitcoin’s price fell 50% in a day, and other cryptocurrencies followed as the public braced for the unknown. Twelve months later, the prospect for digital assets has…

India needs global collaboration to decide on crypto’s future, says finance minister

July 18, 2022 boss

Indian finance minister Nirmala Sitharaman has called for global collaboration on cryptocurrencies, assessing their pros and cons to form a common standard and taxonomy. Addressing a question on cryptocurrency in the Lok Sabha, the lower house of the Indian parliament, Sitharaman said that the Indian central bank had advised the government to prohibit the use of cryptocurrencies as it poses a risk to financial stability. However, the government is looking for a global approach. She said: “Any legislation for regulation or banning can be effective only after significant international collaboration…

Indian Finance Minister Echoes Central Bank’s Crypto Ban Call, but Says Global Collaboration Is Required

July 18, 2022

Indian Finance Minister Nirmala Sitharaman has reiterated the stance of India’s central bank (Reserve Bank of India or RBI) to ban cryptocurrencies in the lower house of parliament but said that no legislation is possible without significant international collaboration. Source