'FOMO confirmed' — BlackRock Bitcoin ETF clocks biggest trading day in 6 months

Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. 110 Total views 1 Total shares Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland

Chinese search engine and web services company Baidu has launched its Baidu Blockchain Engine (BBE), an operating system designed to facilitate decentralized application (DApp) development. The news was officially announced by Baidu’s cloud computing unit, Baidu Cloud, on Feb. 14.Baidu Cloud states that it considers an open source, commercialized platform to be “the only way…

Bitcoin (BTC) erased early-month gains on March 2 as fresh market uncertainty erupted over solvency of crypto bank Silvergate.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price avoids Silvergate, Coinbase stock slipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $23,206 on Bitstamp, down around 1.5% on the day.The pair came under pressure as rumors swirled…

Ethereum’s next big upgrade, Shanghai, is on the horizon for March. The Shanghai hard fork will implement further improvement proposals for the Ethereum network as well as enable Ether (ETH) stakers and validators to withdraw their assets from the Beacon Chain.At the time of writing, staked ETH represents approximately 14% of the total supply, or…

Grayscale Investments’ latest report “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.” With this in mind, it shouldn’t come as a surprise that many financial institutions have begun to offer services that allow clients access to Bitcoin (BTC) and…

1. What is a noncustodial exchange? A noncustodial exchange (NCE) is a service that facilitates the trade of different cryptocurrencies without ever holding user funds.  On the surface, noncustodial exchanges don’t seem different from decentralized exchanges. This is because both these of types of exchanges don’t hold user funds (fiat or cryptocurrency). This is the…

Last year, El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both in and outside of the country, heralded for its potential to bring financial services to large portions of El Salvador’s unbanked population and criticized for its top-down implementation. This has created a sense of…

Research on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues.Global Times reported on Feb. 25 that the epidemic’s impact on staff has resulted in significant setbacks. A source familiar with the matter reportedly said:“The coronavirus outbreak has led to postponed work resumption in government institutions, including the…