4 / 14 Relevant items tagged with #digitalcurrency

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ECB official proposes unified European ledger for digital assets

[Oct 7, 2024 9:17 PM] European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.

Swift to Pilot Digital Asset and Currency Transactions in 2025

[Oct 6, 2024 11:30 PM] Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital…

Banks to join SWIFT digital asset trials in 2025

[Oct 3, 2024 10:02 AM] SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

[Sep 28, 2024 7:30 PM] With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns…

Bitcoin On The Brink: Predictions Range From $56K To $180K As Analysts Eye Breakout

[Sep 26, 2024 7:30 PM] The price of Bitcoin has been a heated issue recently since different financial institutions project different future images of it. Bitcoin is valued about $63,000 as of September 26, 2024; it shows some consistency following previous swings. This…

Country-wide Bitcoin adoption a mixed bag for national economies

[Sep 26, 2024 2:00 PM] Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts. 

Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases

[Sep 26, 2024 2:30 AM] The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practical applications such as…

Massive XRP Rally Incoming? Analyst Predicts 220% Price Jump – Details

[Sep 24, 2024 3:30 PM] Veteran bitcoin trader Bitlord recently made a strong call implying XRP is about to experience a big price surge. He claims the coin is “ripe” for a parabolic action that might make investors quite profitable. XRP might see a…

Hong Kong’s e-HKD project expands into tokenization, programmability

[Sep 23, 2024 8:02 PM] The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.

Bittensor (TAO) Explodes By 81% – Is $530 The Next Target?

[Sep 23, 2024 8:00 PM] Making waves in the crypto industry today, Bittensor (TAO) is showing an impressive annual increase. The current explosion in artificial intelligence adoption has spurred more interest in cryptocurrencies, and Bittensor is conspicuously leading in…

Bitcoin To Outshine Gold By 400% By 2025, Veteran Analyst Predicts

[Sep 23, 2024 3:31 PM] Veteran analyst Peter Brandt is making a bold prediction that is creating a lot of talk in the crypto arena: by 2025, Bitcoin should see its price jump 400% relative to gold. He feels that, according to the market patterns witnessed so far, Bitcoin…

AAVE Hits New Highs, Breaks Out After 2 Years Of Consolidation – Details

[Sep 23, 2024 6:30 AM] AAVE rose 20% Wednesday to $170, a level not seen since May 2022. An asset in accumulation for more than two years is attracting traders and analysts who feel it has additional upside potential. AAVE’s strong recovery since July 2024…

IMF staff propose REDI framework to catalyze CBDC adoption

[Sep 22, 2024 8:28 AM] IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption.

SUI Climbs 36% Amid Bullish Breakout – Is $1.50 The Next Target?

[Sep 18, 2024 9:00 PM] SUI has made some gigantic moves recently, posting strong bullish signals. In the last week, SUI registered an impressive 33% rally, pushing the price up to $1.18 at press time. This is getting people wondering whether the token is preparing for a…

Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts

[Sep 16, 2024 1:30 PM] Bitcoin (BTC) appears to be bouncing off its summer slumber, say analysts who believe the asset could rebound in the coming months. Recent technical indications and charts suggest that BTC could be on the cusp of a significant price move. The…

Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election

[Sep 14, 2024 3:05 PM] Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on…

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

[Sep 13, 2024 9:30 PM] As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa…

North Carolina resists the CBDC tide with new payments ban

[Sep 13, 2024 2:00 PM] A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

Analysts Predict XRP ‘Mega Pump’ And ‘Perpetual Cycle’ – Details

[Sep 11, 2024 7:00 PM] Crypto analysts have XRP under the lens, as the altcoin has been consolidating for over 500 days. Well-known XRP figure Edward Farina recently predicted that the coin will be on a “perpetual cycle.” Farina had this to say during the…

Analyst Eyes 7% Dogecoin Jump—Will It Smash The $0.15 Barrier?

[Sep 11, 2024 11:30 AM] The possibility of a Dogecoin market reversal has crypto observers interested in the meme coin. While it did record some gains in recent days, CoinCodex’s price prediction still projects a 13% decline, which may further drive DOGE to…

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

[Sep 11, 2024 1:30 AM] The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using…

Accenture invests in Emtech to strengthen CBDC, fintech solutions

[Sep 10, 2024 7:21 PM] The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

Moscow Exchange Opts out of Russia’s Crypto Trading Program

[Sep 9, 2024 5:30 AM] The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision…

Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025

[Sep 9, 2024 12:30 AM] Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected…

Trump family’s DeFi project wants to ‘ensure US dollar dominance’

[Sep 5, 2024 2:50 AM] The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain. 

Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details

[Sep 3, 2024 4:30 PM] Stacks struggles to stand on level ground as it continues to fall despite the market’s attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a…

SUI Crashes 23% As September Unleashes Market Panic—Is A Comeback Possible?

[Sep 2, 2024 9:30 PM] With the market at an extremely volatile position, SUI bears pushed their advantage forcing losses on the token’s holders. Despite strong developments on-chain, SUI still flashed red with over a whopping 23% losses since last week.  On-chain, SUI…

Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami?

[Sep 2, 2024 8:00 AM] Once again generating news is Ripple as the company issued 1 billion XRP coins from its escrow accounts on September 1, 2024. Costing more than $560 million, the release has caused waves in the digital currency market. First, 500 million XRP were…

Coinbase Reports Its First AI-to-AI Crypto Transaction

[Sep 2, 2024 12:30 AM] Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s…

Market Slip Drags Injective Down 16% Despite Ongoing Developments

[Aug 30, 2024 11:00 AM] With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much…