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ECB Pushes For 2029 CBDC Launch — The Digital Euro Period Nears
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Bitcoin’s Biden Spike Gone, Rate Reverses Following 8% Gain
Bitcoin (BTC) has retraced significantly today, a day after recording an 8% gain in response to President Biden’s executive order. Bitcoin, like the rest of the crypto market, is under pressure, falling more than 5% and falling below $40,000 levels. Bitcoin is currently trading at $39,324 with a market worth of $745 billion as of…
Crypto Analyst Says It’s Time To Swap Bitcoin For XRP, Right here’s Why
A crypto analyst has sparked fresh debate after warning investors to consider swapping their Bitcoin (BTC) for XRP. He argues that the shifting global reserve standards could reshape which digital assets gain institutional favor, potentially positioning XRP as a stronger candidate for long-term adoption. The analyst’s comments align with the central bank’s strict reserve policies,…
ECB Has No Strategies to Release Digital Currency Charge to Blockchain Immaturity
The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union. ECB Studies Potential Issuance of Central Bank Digital Currency In…
Crypto On Watch: Will ECB Charge Lower Gasoline Bitcoin Rally?
Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.25%, marking a significant shift in monetary policy for the Eurozone. Coupled with projections of slowing inflation and modest economic…
SETL Approved License to Run Blockchain in Europe’s Securities Settlement System
U.K.-based startup SETL was granted a license from the Autorité des Marchés Financiers, the French financial watchdog, to run a blockchain-powered central securities depository (CSD). Blockchain Settlement Startup Promises to Help Cut Collateral Held up in Payment Systems As one of Europe’s biggest securities settlement systems, France will be at the forefront of “market plumbing” processes, where…
Money Isn’t Going Wherever, ECB Says — However It’s Getting A Digital Twin
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Bitcoin Clueless as ECB Cuts Rate, and US-China Hold-up Tariffs
Bitcoin erased earlier gains on Thursday as US President Donald Trump said he would delay an increase in tariffs on Chinese goods. Bitcoin price remains in bias-conflict | Image credits: TradingView.com The benchmark cryptocurrency was trading at $10,156.85 in post noon European trade, down by $3.35, or 0.03 percent, since the market open. Late yesterday,…
Difficult Bias within the ECB’s Bitcoin Evaluation
Rudd identifies a number of biases, inaccuracies, and flawed assumptions in the ECB’s treatment of Bitcoin, specifically in how the ECB positions Bitcoin as a speculative asset that lacks intrinsic value and presents risks to the financial system. This critique serves not just to counter the ECB’s claims, but to illuminate broader debates on Bitcoin’s…