Cryptocurrency Market

  • Market Cap: $2,457,890,282,013.32
  • 24h Vol: $86,367,310,852.83
  • BTC Dominance: 51.35%

Digital Currency

ethiopia-approves-cbdc-launch-draft-proclamation

Ethiopia Approves CBDC Launch Draft Proclamation

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch […]

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study:-half-of-surveyed-germans-‘imagine-using-a-digital-euro-as-an-additional-payment-option’

Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’

A new report has found that half of Germans who participated in a survey study can “imagine using a digital euro as an additional payment option.” However, the study also revealed that some three-quarters of the respondents view the “aspect of privacy in connection with the use of the digital euro as very important or

Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’ Read More »

brics-currencies-to-have-no-alternative,-former-russian-president-medvedev-says

BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

Fiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in the bloc need to think about their digital forms and a digital currency issued by the group as a whole, the Russian politician said. Ruble, Yuan, Other BRICS Currencies to Take Over

BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says Read More »

google-trends-shows-surge-in-how-to-buy-gold-and-bitcoin-searches-amidst-us-banking-upheaval

Google Trends Shows Surge in How to Buy Gold and Bitcoin Searches Amidst US Banking Upheaval

In the midst of the banking upheaval in the United States, Google Trends has revealed a notable surge in searches related to the acquisition of gold, with the search query reaching a perfect score of 100 during the first week of April 2023. Similarly, the search term “how to buy bitcoin” reached the same score

Google Trends Shows Surge in How to Buy Gold and Bitcoin Searches Amidst US Banking Upheaval Read More »

china-pushes-digital-yuan-for-wage-payments-in-changshu

China Pushes Digital Yuan for Wage Payments in Changshu

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included in some limited programs before. Public Employees in

China Pushes Digital Yuan for Wage Payments in Changshu Read More »

russia-launching-payment-system-with-‘no-restrictions’-—-digital-currencies-to-be-completely-unrestricted

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country could step in and freeze such payments,” the top official explained. Digital Currency ‘Bound

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted Read More »

nearly-1,000-ancient-bitcoins-from-2010-and-2011-moved-in-2023,-valued-at-over-$27-million

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million Read More »

russia-to-work-with-digital-currencies-of-other-nations

Russia to Work With Digital Currencies of Other Nations

The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by the central banks of other countries are already under development, the monetary authority unveiled. Digital Ruble Platform to Support Integration With Other CBDCs, Bank of

Russia to Work With Digital Currencies of Other Nations Read More »

cbdc-debate-heats-up:-bis-project-sparks-controversy-among-critics;-lynette-zang-warns-of-dangers-of-cbdcs

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs

During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs Read More »

economist-paul-krugman-criticizes-florida-gov.-ron-desantis’-opposition-to-central-bank-digital-currency

Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency

Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and

Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency Read More »