Auto Added by WPeMatico

After Adopting Bitcoin, Central African Republic Set to Build a Crypto Hub

A month after adopting Bitcoin as legal tender, the Central African Republic (CAR) announced its first-ever crypto initiative – the Sango Project – designed to attract business and enthusiasts, take…

Continue ReadingAfter Adopting Bitcoin, Central African Republic Set to Build a Crypto Hub

Investors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director

According to Kristalina Georgieva – the Managing Director of the International Monetary Fund (IMF) – the recent fiasco with LUNA and UST should not become a reason for people to…

Continue ReadingInvestors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director

After Predicting $400K Bitcoin, Guggenheim Now Sees a Crash to $8K

With the price of bitcoin currently below $30,000, Scott Minerd, the chief investment officer of global investment giant Guggenheim Partners, believes BTC’s value could further dip to $8,000. Bitcoin Price…

Continue ReadingAfter Predicting $400K Bitcoin, Guggenheim Now Sees a Crash to $8K

Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on…

Continue ReadingLuxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

Negative Streak Continues: Bitcoin Registers 8 Consecutive Weekly Candle in Red

Despite reclaiming the $30,000 mark late last night, bitcoin still closed the weekly candle in the red. Thus, the cryptocurrency extended its negative streak to eight consecutive weeks. 8 in…

Continue ReadingNegative Streak Continues: Bitcoin Registers 8 Consecutive Weekly Candle in Red

Christine Lagarde’s Son Is a Crypto Investor Despite Her Anti-Bitcoin Stance

The President of the European Central Bank (ECB) – Christine Lagarde – reiterated her negative stance on cryptocurrencies, claiming they are “based on nothing” and should be strictly regulated. Nonetheless,…

Continue ReadingChristine Lagarde’s Son Is a Crypto Investor Despite Her Anti-Bitcoin Stance