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Bitcoin Scores Its Best Month of 2022; Is Crypto Winter Over?

By Anne Martinez August 2, 2022 Cryptocurrency News 0 Comments
Bitcoin has had its best month yet, with an increase of 27% in July. After the cryptocurrency’s worst quarter in over a decade, the strong rebound was triggered by the announcement of the new flagship cryptocurrency. It is important to note that...
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Why 100 basis point interest rate hike spells doom for Bitcoin and crypto market

By Anne Martinez July 14, 2022 Cryptocurrency News 0 Comments
The Federal Reserve will likely raise interest rates 100 basis points at its July 26-27 meeting. This would mark the largest increase since it started using overnight rates as its main tool for monetary policymaking back in the 1990s. The high prices...
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Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

By Anne Martinez July 2, 2022 Cryptocurrency News 0 Comments
Mexico is one of many countries in Latam looking at the potential benefits that bitcoin could bring to its economy. Sen. Indira Kempis, a senator from Mexico, introduced a bill to amend Mexico’s current monetary law in order to allow bitcoin to...
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Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says

By Anne Martinez June 17, 2022 Cryptocurrency News 0 Comments
According to Elvira Nabirullina, Governor of the Central Bank of Russia ( CBR), cryptocurrencies can be used in international payments as long as they don’t ‘penetrate the Russian Federation’s financial system. These digital assets can be subject to price fluctuations, and the official...
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Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

By Anne Martinez June 6, 2022 Cryptocurrency News 0 Comments
Rostec, a Russian state-owned corporation, has created a platform that uses blockchain technology to facilitate international settlements between Russia’s partners and the storage and transfer of digital currency. CELLS is an alternative to SWIFT, the global payment messaging network. Many Russian banks...
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India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor

By Anne Martinez April 11, 2022 Cryptocurrency News 0 Comments
T. Rabi Sankar, RBI Deputy Governor, spoke about India’s central bank digital currencies (CBDC) at an Indian Council for Research on International Economic Relations. PTI reported that he also discussed potential implications for India’s financial system, and its monetary policy. The RBI...
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Cryptocurrencies today: Bitcoin, Ether, Shiba Inu, Solana gain; Dogecoin falls

By Anne Martinez March 29, 2022 Cryptocurrency News 0 Comments
On Tuesday, major cryptocurrencies traded mixed as oil prices and bond yields fell in anticipation of possible peace negotiations over the Russia-Ukraine conflict. According to CoinDesk, Bitcoin, the largest cryptocurrency by market capitalisation in the world, was trading at nearly 1 percent...
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UK Watchdog Asks Crypto ATM Providers to Stop Operating or ‘Face Enforcement Action

By Anne Martinez March 15, 2022 Cryptocurrency News 0 Comments
Financial Conduct Authority (UK) has stated that it requested cryptoasset service providers who operate crypto ATMs to shut down their machines or face enforcement action. According to the watchdog, since no crypto firm it has approved is authorized to operate a crypto...
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Bitcoin price is unlikely to rebound soon, past Crypto Winters indicate

By Anne Martinez February 17, 2022 Cryptocurrency News 0 Comments
Investors who look to the past for clues as to whether Bitcoin’s current slump is over may be disappointed. Investors who are looking for historical data to determine if the current slump in Bitcoin prices is over may be disappointed to...
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Bitcoin Breaks Free Of Its Malaise To Surpass The $40,000 Level

By Anne Martinez February 5, 2022 Cryptocurrency News 0 Comments
Bitcoin prices broke the $40,000 price mark today, seemingly breaking out of the stagnation they have fallen into in the last few weeks. According to CoinDesk data, the world’s most popular digital currency has surpassed this level late today. Additional CoinDesk data...
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