cryptocurrencies
TradingDollar Moves Off Lows on Heels of Inflation Data
Top StoriesAnalysis: Blockchain Needs MP3 Music Moment to Win Over Markets
Top StoriesStablecoin Terra’s Broken Dollar Peg Hits Wider Crypto Markets
Top StoriesCryptoverse: Buying the Dip? Bitcoin’s a Rates Rookie
This Is Why Cash Is Dying Out
Date: May 9, 2022
By Latifa Alkhanjary, Kinesis Money Preserving cash at first seems like a project doomed to fail, and one that opposes the progressive, accelerating use of digital currencies, such as crypto. This is leading many to ask if physical cash will survive in the wake of fintech and digitised monetary solutions. The Beginning of Money In...
A Pivotal Moment for the Future of Crypto-Asset Payments in the UK
Date: May 9, 2022
By Joaquin Ayuso de Paul, Head of Nium Crypto Around the world, cryptocurrencies are coming under regulatory pressure, but some exciting developments have come out of the UK in the past few weeks. The British Treasury announced that it intends to bring stablecoins under the Financial Conduct Authority’s (the UK regulator) remit if used for...
U.S. Dollar Rides to Two-Decade Highs as Yields Rise
Date: May 9, 2022
By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar climbed to a two-decade high on Monday as rising U.S. Treasury yields prompted hedge funds to add to their bullish bets while the Chinese yuan weakened below 6.77 levels after weak trade data. The latest leg of the dollar’s rise, which began after the Federal Reserve...
Gucci Jumps on the Crypto Bandwagon With U.S. Project
Date: May 5, 2022
(Reuters) – Gucci’s high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some U.S. stores, the Italian company said, as digital currencies move to broader acceptance. Starting later this month, customers can pay with crypto at some of Gucci’s flagship stores, including Rodeo Drive in Los Angeles and Wooster...
Musk Says Twitter May Charge Slight Fee for Commercial, Government Users
Date: May 4, 2022
(Reuters) -Elon Musk said on Tuesday Twitter Inc might charge a “slight” fee for commercial and government users, part of the billionaire entrepreneur’s push to grow revenue which has lagged behind larger rivals like Meta Platforms Inc’s Facebook. “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users,” Musk...
Could Putin Be Exploring Crypto to Bypass Western Sanctions and Does This Count Against the Long-Term Prospects of Crypto?
Date: April 27, 2022
By Henry Chambers, Senior Director, Disputes and Investigations at Alvarez & Marsal A great deal of debate has been taking place over the last few weeks as to whether Russian companies and individuals could use cryptocurrencies, such as bitcoin, as an alternative currency for transacting with and, indeed, whether this could bypass the western sanctions...