Bitcoin 1.0: the old stone money from Yap

Another week, a new wave of bitcoin surprises. Keep in mind that the price of the digital currency has skyrocketed dramatically; or that Elon Musk, the flamboyant founder of Tesla, is reported to have reaped more profits for the company from bitcoin investment compared with the production of electric vehicles last […]

The Lebanese president asks the central bank to investigate the currency bubble

Lebanon’s President Michel Aoun meets Lebanon’s Governor Riad Salameh at the Presidential Palace in Baabda, Lebanon March 3, 2021. Dalati Nohra / Handout via REUTERS BEIRUT (Reuters) – Lebanese President Michel Aoun said on Wednesday that he had asked the central bank governor for an inquiry into the reasons for the […]

The Lebanese president asks the central bank to investigate the currency bubble

Lebanon’s President Michel Aoun meets Lebanon’s Governor Riad Salameh at the Presidential Palace in Baabda, Lebanon March 3, 2021. Dalati Nohra / Handout via REUTERS BEIRUT (Reuters) – Lebanese President Michel Aoun said on Wednesday that he had asked the central bank governor for an inquiry into the reasons for the […]

Sino-Global announces acquisition of 2783 digital currency servers

ROSLYN, NY, March 3, 2021 / PRNewswire / – Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global”, the “Company” or “we”), a non-asset-based global provider of freight and freight logistics integrated solutions, today announced the implementation of a Purchase Agreement (the “Agreement”) of 2783 Digital Currency Servers ( “products”) for RMB 30 […]

The Lebanese president asks the central bank to investigate the currency bubble

FILFOT: Lebanese President Michel Aoun speaks at a press conference at the Presidential Palace in Baabda, Lebanon October 21, 2020. Dalati Nohra / Handout via REUTERS BEIRUT (Reuters) – Lebanese President Michel Aoun said on Wednesday that he had asked the central bank governor for an inquiry into the reasons for […]

State-backed digital currencies: Why do world governments look at them?

Governments are always looking for ways to streamline their economies. And with the rapid growth of the cryptocurrency market, they turned their attention to this field in search of new solutions. With the continuous development of cryptocurrencies by traditional companies, we can now observe the trend where central banks around the […]

Bitcoin recovers $ 50,000, a key level for a Bull Revival – CoinDesk

Bitcoin has once again crossed over $ 50,000, possibly marking an end to the recent price decline and a revival of the broader uptrend. The market-top cryptocurrency is trading close to $ 10,950 at press time – up 3.86% in 24 hours – after falling from record highs above $ 58,000 […]

Rupee hits one year’s highest | Express Tribune

KARACHI: The Pakistani the currency reached a one-year high of Rs157.84 against the US dollar on the interbank market on Tuesday as the inflow of foreign currencies were still high compared to their outflow, according to foreign exchange market experts. In addition, gold lost its luster at a one-year low of […]

How banks and financial companies can benefit from digital currencies

Three years ago, digital currencies seemed like a distant future, but now for European banks and financial companies, this future is just around the corner. In recent years, as digital currencies have become more popular, many platforms are now regulated, licensed and fully compatible with the financial services market. So what […]

Dollar falls, Aussie gains on improving risk sentiment

Igor Golovniov / SOPA Images / LightRocket via Getty Images The dollar fell on Tuesday and risky currencies including the Australian dollar rose as US equities were stable, reflecting improved risk appetite. The greenback has been a benefit to the recent volatility in equities, which last week arose from a dramatic […]

Currencies mark time in Asia – MarketPulse

US dollars withdraw overnight Currency markets are operating in Asia after a non-descriptive session overnight. The US dollar returned some of its most recent gains overnight, with the dollar index retreating 0.28% to 90.78. It has hardly changed in Asia, it rises by two points to 90.80 as trading between the […]

Bitcoin takes back $ 50K, a key level for a Bull Revival

Bitcoin has once again crossed over $ 50,000, possibly marking an end to the recent price decline and a revival of the broader uptrend. The market-top cryptocurrency is trading close to $ 10,950 at press time – up 3.86% in 24 hours – after falling from record highs above $ 58,000 […]

The dollar rises to a month high; risky currencies fall when equities falter

The dollar rose to its highest level in a month against its basket on Tuesday and risky currencies fell back, as underlying concerns about rising bond yields drove investors back to safe havens. Rising returns have frightened markets in recent weeks, with participants worried that an economic recovery from the effects […]

Nigeria VP demands regulation, not a ban on digital currencies – CoinGeek

Blockchain technology will disrupt traditional banking in the coming years, believes Nigeria’s vice president. Speaking at a recent incident, he reprimanded the latest ban digital currencies, advocates that Nigerian authorities should regulate the industry. Yemi Osinbajo var speak during a recent meeting of the Bankers Committee. He addressed several issues facing […]

Asian stocks, currencies rise at recovery hopes and pull back US returns

BENGALURU (March 3): Asia’s emerging stock markets rose cautiously on Wednesday, led by China, as investors rebounded on a global economic recovery, while regional currencies fell higher as US government interest rates receded. Shares in the Shanghai Composite Index climbed above 1% and picked up Tuesday’s losses, while Singapore’s stock index […]

Bitcoin is recovering after being hit by SEC confirmation hearings

biBitcoin shaken by a weakness triggered by the risk of tighter regulatory oversight than some crypto enthusiasts had expected. Token climbed as much as 4% on Wednesday and held about $ 49,100 from 1pm in Hong Kong, giving this year winnings of about 70%. Also read | How citizen data led […]

Bitcoin and Robinhood will end badly for those who can least afford it

Tthe K-shaped recovery of the US economy is underway. Those with stable full-time jobs, benefits and a financial cushion do well when the stock markets climb to new peaks. Those who are unemployed or partially employed in work with low added value and service work – the new “precariat“- are indebted, […]

Former members of The Geek Group have been charged with illegal Bitcoin trading

GRAND RAPIDS, Mich. – Former Geek Group leaders were formally charged in connection with alleged illegal Bitcoin trading and money laundering, according to an indictment filed Feb. 24 in the U.S. District Court in Grand Rapids. The indictment lists Christopher Allan Boden, Leesa Beth Vogt and Daniel Reynold Dejager as defendants. […]