Month: October 2021

Turkish President Recep Tayyip Erdoğan said, “We are in a war against cryptocurrencies,” on September 18, 2021. Merriam-Webster defines war as “a state or period of fighting between countries or groups.” I am guessing that the war Erdoğan mentions here is a war between Erdoğan’s tribe and Bitcoin, as the citizens of the country are
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After hitting a new all-time high price approaching $67,000 earlier today, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc. According to data from Fiatmarketcap, Bitcoin’s market cap was more than $1.263 trillion when the price of the crypto asset reached an all-time high of roughly $67,000 earlier today.
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The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft and Nintendo, among others.  Throughout their history, these major firms have aimed to provide entertaining gaming experiences to attract new players and expand their market share. However, nonfungible tokens (NFTs) are attempting to give gamers a financial incentive
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Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even digital assets in the future. Foreign Ministry Official Sees Russia Acquiring
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Bitcoin (BTC) failed to beat its all-time highs on Oct. 20 — but a separate record kept bulls confident of a breakout. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin hits new all-time high against euro Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $64,490 on Bitstamp overnight. While inches from matching April’s peak,
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A high-profile blockchain lobby group is urging United States lawmakers to adopt a “technology-neutral” approach when it comes to stablecoin regulation, arguing that dollar-pegged cryptocurrencies do not pose a system risk to the financial system. In a 17-page letter addressed to the President’s Working Group on Financial Markets, which includes regulators from the Department of
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Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Letitia James. Attorney General James directed two unnamed crypto lending companies to cease operations On Oct. 18, citing failure to register the business in New York and performing unlawful activities. Crypto lender Nexo is revealed
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Watch This Episode on YouTube Watch/Listen To This Episode: [00:00:07] P: Today we’re going to be going through, as I said, lightning wallets, specifically Blixt wallet, which I have just discovered myself recently and is incredible. It’s already one of my favorite lightning wallets. We’ll be speaking with Hampus, who is the creator/active developer on
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Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls for Crypto Regulation Mohan Bhagwat, head of the Rashtriya Swayamsevak Sangh (RSS), said during his
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As Russia continues pushing de-dollarization, the Ministry of Foreign Affairs (MFA Russia) is reportedly considering replacing the United States dollar with not only traditional fiat currencies but also digital currencies. Aleksandr Pankin, Deputy Minister of Foreign Affairs of Russia, reiterated the country’s plans to reduce the U.S. dollar share in Russia’s international reserves and its
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