Auto Added by WPeMatico

Here is why Bitcoin price gave back all its intraday gains

BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.

Continue ReadingHere is why Bitcoin price gave back all its intraday gains

Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow

The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow.

Continue ReadingBitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow

Bank of England opens applications for ‘proof of concept’ CBDC wallet

The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.

Continue ReadingBank of England opens applications for ‘proof of concept’ CBDC wallet

Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting

WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.

Continue ReadingWaves-backed stablecoin USDN drops further after regulator warning and exchange delisting