Binance to delist EUR, GBP and AUD margin trading pairs
“All of your margin balance may be liquidated in the event of extreme price movement,” Binance stated. Go to Source Powered by WPeMatico
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Cointelegraph Exclusive: artist Damien Hirst says NFTs are like ‘the invention of paper’
According to the British artist, NFTs are changing the world, but not always in the get-rich-quick way many media outlets report. Go to Source Powered by WPeMatico
Bitcoin Will Eventually Be Transacted More Than Fiat Currency, Say 35% of Australians Surveyed
A new survey finds that 35% of Australians believe bitcoin will eventually be transacted more than fiat currency. Almost the same number of respondents believe that bitcoin “has a significant role to play in the future of currency.” Comparison platform Finder published Tuesday the results of a cryptocurrency survey, which it described as a “nationally … Read more
Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell Opoku-Afari, the BOG’s deputy governor, says approval for the use of the digital currency will depend … Read more
Crypto ownership has nothing to do with distrust in fiat: BIS study
Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. Go to Source Powered by WPeMatico
Bitcoin likely won’t entirely replace current financial system, Coin Center director says
Bitcoin may not make the current monetary and financial system extinct, although its usage will likely vary depending on one’s location. Go to Source Powered by WPeMatico
Bank of Indonesia joins central bank digital currency race
After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency. Go to Source Powered by WPeMatico
Tether mints more coins to break $60 billion market cap
Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted. Go to Source Powered by WPeMatico
State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain. Go to Source Powered by WPeMatico
Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. Go to Source Powered by WPeMatico
