Bank of Canada says no to retail CBDC in reshuffling of priorities

Adam Back believes that Bitcoin could boost its market cap by 400% in under two years. 1914 Total views 2 Total shares Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years.That was according to Blockstream CEO Adam Back, who delivered a fresh…

Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success. A plethora of cryptocurrencies, a few viable trading strategies and numerous tools accessible to new traders may all cause confusion. Fortunately, technology has made it…

The debate around the environmental impact of the Bitcoin mining ecosystem is heating up once again as academics have provided a fresh dose of perspective on the subject. In an opinion piece written by Noah Smith, a former assistant finance professor turned columnist, took aim at the Bitcoin (BTC) mining industry in March, suggesting that…

Bitcoin funds are still in decline as institutional sentiment remains bearish. 2087 Total views 20 Total shares Investments in institutional Bitcoin products have continued to decline this past week.In its July 26 Digital Asset Fund Flows report, CoinShares notes institutional crypto products have experienced outflows for the third consecutive week, with $28 million exiting the…

Social media platform Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it decentralize its infrastructure and integrate bitcoin (BTC) and Lightning Network payments. Founded in 2016, Gab has risen to notoriety due to a perception that it serves as an “echo chamber” for “extremist,” alt- or…

XRP (XRP) price has plunged more than 35% since reaching a multi-year high of $3.40 in January — and the downtrend may deepen in April as new bearish signals emerge. Let’s examine these catalysts in detail. XRP nears a classic technical breakdown XRP's recent price action is flashing a classic bearish reversal signal dubbed “inverse

The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity. 44 Total views 1 Total shares The hacker responsible for stealing over $400 million from FTX and FTX US in November could be using the

Average bitcoin (BTC) transaction fees increased by nearly 200% in April compared to March, a report released by crypto research firm Diar on May 6.The report also notes that bitcoin miners earned $13.7 million from fees alone — over 71% up from $3.9 million — the amount they made from fees during the previous month.…