Central Bank Crypto Could Bring Economic Gains: Bank of Canada Paper

[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency industry has seen immense growth since its inception over a decade ago with the birth of Bitcoin (BTC). The past few years have been especially productive, and investors have benefited the most with various new opportunities coming from all types of projects. Staking became a sensation last…

[PRESS RELEASE – Please Read Disclaimer] Baldi Network, the world’s first decentralized synthetic asset issuance and transaction protocol on Huobi’s HECO chain, today has announced its release. Developed by the world’s leading blockchain developers, cryptographers, research scientists, and experts from finance backgrounds, Baldi enables the minting of synthetic assets that “mirror” the price behavior of…

Following the recent price drops to sub-$16,500 levels, Bitcoin has reacted positively and has gradually added over $2,000 of value. The alternative coins have also doubled-down on their recovery sessions, and the total market cap has expanded by another $30 billion in a day. Bitcoin Reclaims $18K Thanksgiving didn’t provide many reasons for BTC bulls…

Data from Google Trends shows that retail investors’ interest in the cryptocurrency industry has been gradually declining in recent months. The situation is quite similar when looking at particular assets, such as Bitcoin (BTC) and Ethereum (ETH). Crypto Searches on Google Plummet Google searches typically display the behavior of retail investors, who tend to follow…

New-York based crypto lending startup BlockFi has hired two traditional finance executives in a move to expand both its institutional and consumer-facing products. The company, which announced a $30 million funding round in February, on Tuesday, revealed Wittney Rachlin as its new chief growth officer, and David Olsson is its global managing director. Olsson To…