The US government is considering the creation of a central bank for cryptocurrencies and “encourages” the Federal Reserve to continue looking into the possibility, the White House said in a statement. The administration led by Democrat Joe Biden will also launch an interagency working group
The protocol change in Ethereum is seen as the second most important moment in the crypto universe, following the founding of bitcoin. Still, crypto trading has reacted calmly. The main cryptocurrencies are on Thursday morning trading flat, after in the early hours of this September
The Swedish Central Bank argues that cryptocurrencies lack sufficient stability to function as a store of value, medium of exchange or unit of account. Following the many monetary authorities who have been dismissing bitcoin’s potential as cash, the Riksbank, the Central Bank of Sweden, explained
Twitter has announced a partnership with payment processing company Stripe that will look to test a way for content creators to receive cash in cryptocurrencies. This test will take place in 120 countries later this year and will feature Ethereum integration and compatibility with multiple
One of Bitcoin’s biggest whales is none other than Ethereum itself. That’s right, one of the biggest BTC holders on the market is the second largest cryptocurrency on the market, ETH. There are several protocols that allow users to use Bitcoins on Ethereum. In this
Despite GameStop’s negative financial results in the fourth quarter of 2021, the video game retailer on Thursday announced an initiative that could please cryptocurrency enthusiasts. The company’s financial results included at least one announcement that the launch of its highly-anticipated non-fungible token (NFTs) market is
The European Parliament’s Committee on Economic and Monetary Affairs votes on Monday (14) on a regulatory framework that could jeopardize the use of cryptocurrencies based on proof-of-work (PoW) consensus, such as Bitcoin and Ethereum, in countries members of the European Union. According to Bloomberg, the
The government of Ukraine said on Saturday (26) that it is accepting donations in bitcoin and other cryptocurrencies from people around the world who want to support the country under attack from Russia. Through its official Twitter profile (@Ukraine), the Ukrainian government asked them to
Yorke Rhodes, Microsoft’s Director of Digital Transformation for the past seven years, has boldly predicted that Ethereum will become the new decentralized App Store, or flagship marketplace of the new Web3, in just two years. “Forecast: Ethereum will become the decentralized App Store in 2023,”
Despite its lower market capitalization, Dogecoin is more widely recognized by American investors than Ethereum – the second largest blockchain in the world. Ironically, the power of memes is no joke. According to Grayscale’s third annual investor study, Dogecoin is the most popular altcoin. 74%