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Jerome Powell said inflation could turn out higher than expected

  • General
July 29 2021, 8:40July 29 2021, 17:45 VasiliyKoshkin

During the highly-expected Federal Reserve meeting on Wednesday Afternoon, Chair Jerome Powell confirmed that inflation was set to continue for the dollar, perhaps even more than previously expected. Good news …

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Chamath Palihapitiya’s Social Capital to invest in Solana-based Saber protocol

  • Altcoins
  • General
July 29 2021, 8:34 VasiliyKoshkin

Saber, a cross-chain stablecoin and wrapped tokens exchange built on the Solana protocol, recently announced that it had raised $7.7 million in a just-concluded seed funding round led by Race …

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Dogecoin fan offers 10% discount on his house if buyer pays him in DOGE

  • Altcoins
  • Dogecoin
  • General
July 29 2021, 8:02 VasiliyKoshkin

An American from the state of Utah has joined the ranks of those who are selling their property for cryptocurrencies, according to local television station KUTV. Scott Paul’s offer comes with …

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Utah oil producer is using otherwise wasted gas to mine Bitcoin (BTC)

  • Bitcoin
  • General
  • mining
July 29 2021, 7:58 VasiliyKoshkin

Wesco Operating Co., an oil producer near Moab, Utah, found in Bitcoin a solution to a years-old problem – the wastage of natural gas that can’t be shipped to market, The …

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After El Salvador warning, IMF says accepting BTC as national currency is “a step too far”

  • Bitcoin
  • General
July 28 2021, 10:23 VasiliyKoshkin

The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability. In their official blog post, …

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Big Indian banks take stakes in trade finance blockchain firm

  • banking
  • General
July 28 2021, 10:20 VasiliyKoshkin

Fifteen of India’s largest banks have invested in a fintech firm that aims to use blockchain to speed up domestic letters of credit, a first in domestic trade finance, regulatory …

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One tenth of Russians ready to get salaries in digital ruble

  • General
July 28 2021, 10:17 VasiliyKoshkin

Amid the Bank of Russia continuing progressing with its central bank digital currency (CBDC) development, one survey suggested that not many Russians are ready to accept salary payments in the …

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Cardano (ADA) has to break crucial resistance to head to $2

  • Cardano
  • General
July 28 2021, 10:14 VasiliyKoshkin

Cardano has broken out of a consolidation pattern, but it’s lacking the volume it needs for a trend reversal. Cardano has not had the strength to advance further after breaking …

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Bank of Thailand promotes blockchain in new guidelines

  • banking
  • General
July 28 2021, 10:11 VasiliyKoshkin

Thailand’s central bank yesterday published guidelines to regulate and promote the use of blockchain technology in the financial sector. Released by Siritida Panomwon Na Ayudhya, assistant governor of the payment systems policy …

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Digital Assets Data CEO: 1 Bitcoin ‘will be worth $1,000,000 in under 10 years’

  • Bitcoin
  • General
July 28 2021, 10:08 VasiliyKoshkin

On Tuesday (July 27), Mike Alfred, Co-Founder and CEO of NYDIG subsidiary Digital Assets Data, gave his long-term price prediction for Bitcoin. On Jan 11, NYDIG announced that it had acquired Digital Assets Data, …

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