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Binance Strengthens Foothold in Middle East With Bahrain’s Crypto Asset Service License

Central Bank of Bahrain (CBB) has granted Binance a crypto-asset service provider license.

Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days

During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, […]

Short-Term Supply Dwindles

Bitcoin accumulation trends have softened in the short term, despite extremely constructive long-term demand trends. The potential energy for a capitulation event is in place, but is yet to manifest as it has in previous market cycles.

Bitcoin – The Open Money And Its Enemies

Bitcoin, accessible by anyone, is a digital open money for the modern open society – a society free from inherited hierarchies.

Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury

lunaThe Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that the foundation will have to burn more LUNA […]

Bank of Uganda Reportedly Commences CBDC Study

bank-of-uganda-reportedly-commences-cbdc-study

The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the institution warned that the central bank needed to be clear why it must have this in the first place. Faster Movement of Money The Ugandan central bank is reported to have commenced…

The post Bank of Uganda Reportedly Commences CBDC Study appeared first on Bitcoin News Miner.

Zeta partners Mastercard to shake up credit card issuance

The payments giant has also invested $30 million, alongside other investors, into Zeta.

InfiniteWorld Adds Milica Zec as Chief Metaverse Officer

MIAMI–(BUSINESS WIRE)–Infinite Assets, Inc. (“InfiniteWorld”), a leading metaverse infrastructure platform that enables brands to create, monetize and drive consumer engagement with digital content, announced today the company has added Milica Zec to its executive team as Chief Metaverse Officer. Zec will lead the company’s metaverse initiatives, including current and upcoming projects and partnerships for brand […]

The post InfiniteWorld Adds Milica Zec as Chief Metaverse Officer appeared first on Fintech News.

Tether CTO Says CBDCs Not a Threat to Stablecoin Market

Paolo Ardoino, chief technology officer at Tether, says that central bank digital currencies (CBDCs) won’t end up being a threat to stablecoins if and when one does finally roll out. Writing in a Twitter thread, Ardoino, who is also CTO of Bitfinex, argues that fiat money is already mostly digital, just relying on technology outdated […]

The post Tether CTO Says CBDCs Not a Threat to Stablecoin Market appeared first on Coin Bureau.

Bitcoin Portfolio Insurance: Introductions, Basics And Bond Math

Describing the complex world of bonds with two distinct voices to set the stage for explaining why bitcoin is critical portfolio insurance.

Ripple: 21Shares Launches $XRP Exchange-Traded Product (in CHF) on SIX Swiss Exchange

Switzerland-based 21Shares AG, considered one of the pioneers when it comes to the issuance of cryptocurrency exchange-traded products (ETPs), has announced the launch of an $XRP ETP in Swiss francs (CHF) on the SIX Swiss Exchange. The SIX Swiss Exchange is based in Zurich and is Switzerland’s main stock exchange. It trades other securities such […]

Will the Value of Crypto Rise if the Stock Market Crashes?

crypto price

2009 marked the beginning of an unprecedented bull market for both Bitcoin and the U.S. stock market, which has continued almost unabated since. However, there are constant rumblings of a crash, and the noise has lately increased. Not only due to stocks, a new COVID version and increased interest rates are driving firms to pay more to borrow money. This has prompted a decline in global markets. Cryptocurrency markets have been affected by this, along with worries of increased regulation. How likely is it for the stock market to crash? Taking cryptocurrency out of the equation, the mounting conjecture that a collapse is inevitable is based on sound reasoning. In the United States, the inflation rate was much higher than projected in June. There is currently a debate on lifting the debt limit due to the government’s ongoing issuance of bonds and accumulation of debt. Of course, the continuing pandemic relief effort justifies this. Government stimulus programs are being implemented, although other indicators, like the price of U.S. stocks, show that the money being spent is not necessary. The real estate market in the United States is also booming, and the Federal Reserve has previously voiced worry that investors are growing more irresponsible, citing the interest in-joke stocks and cryptocurrencies as examples. Speculation that a collapse is imminent due to all this money flowing into the economy is well-founded. Crypto value shall rise – a myth or reality? The debate over cryptocurrency value rise is expected to continue for some time to come. Stablecoin regulation has been of particular interest to U.S. authorities. Stocks continue to rise even though COVID-19 refuses to go away, supported by an unprecedented level of government backing. Now that quantitative easing programs have been discontinued, there is a slight fear of a stock market meltdown. Is it possible that crypto might suffer if the stock market collapses? If this is the case, bad news for Bitcoin (BTC) could be in store: There are indications that Bitcoin and stock prices have a significant association. Which cryptos to consider for a volatile-proof future? Looking for the most significant cryptocurrency investment in 2022 but unable to discern the excellent from the poor and ugly? This article examines eight top-rated volatile-proof crypto projects to keep a watch out for. The Best Cryptocurrencies to Invest in are – 1. Lucky Block Lucky Block is a new and intriguing cryptocurrency enterprise introducing blockchain technology to the multi-billion dollar lottery industry. It makes Lucky Block lotteries accessible to players all around the globe securely and transparently. 2. Dogecoin One of the most affordable cryptocurrencies in 2022 is Dogecoin, which now trades for less than $0.20 per unit. 3. The Graph “Indexing” is the specialty of the Graph project, which promotes the use of bitcoin and blockchain technologies. 4. Ethereum ETH is a well-known cryptocurrency that has established itself as the world’s de-facto platform for smart contracts. With a market value of $2 billion, the project has risen to a record high of nearly $4,000 per token. Conclusion Rather than complaining about the inherent volatility of cryptocurrencies, we should prepare for it. Cryptocurrencies tend to dip from time to time, but it’s normal.

The post Will the Value of Crypto Rise if the Stock Market Crashes? appeared first on Cryptoknowmics-Crypto News and Media Platform.

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