Bitcoin falls as Turkey bans cryptocurrency payments
Bitcoin fell early on Friday, following the decision by Turkey’s central bank to ban cryptocurrencies on payments at the end of the month. A number of reasons, including a lack of “supervisory mechanisms” and “regulation for central authority” for crypto assets, were cited by the Central Bank of the Republic of Turkey (CBRT). The report […]
Ripple, Binance, Bitfinex Move 160 Million XRP As Interest to Coin Reemerges
In the last 24 hours, Whale Alert has noticed about a dozen crypto transactions that have moved a massive 160 million XRP between the world’s top exchanges with the Ripple Giant. Close to $270 million in XRP moved In the last 24 hours, a total of 160 million XRP tokens have moved, according to Twitter […]
SEC working with CBN to lift ban on cryptocurrencies trading
The SEC says it works with the Nigerian Central Bank to better understand and regulate cryptocurrencies. At the first virtual news conference of 2021, the General Manager, Lamido Yuguda, said that. Mr. Yuguda said SEC has been talking with the CBN to better understand the cryptoasset market and to regulate that. He said that due […]
Finance officials pour cold water on cryptocurrency amid Coinbase celebrations
Economic gatekeepers are rounding on cryptocurrency as media attention intensifies amid the Bitcoin boom and Coinbase listing. Finance officials on both sides of the world take the opportunity, following Coinbase’s direct listing of Nasdaq, to criticize the value and value of cryptocurrencies as the media focus increases in space. Governor of the Bank of Korea […]
Bitcoin Impact On The Global Economy
An emerging trend is the impact of Bitcoin on the global economy. This is because it quickly becomes mainstream of the cryptocurrency. Only a few people knew Bitcoin in the past. The success of this digital currency has been seen by many as a piping dream. Bitcoin was a dark hobby for others. After a […]