Cointelegraph By Helen Partz
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Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency.The Central Bank of Bahrain (CBB) has successfully completed a digital payment test in collaboration with JPMorgan’s blockchain and cryptocurrency unit Onyx, according to an...
Spanish LGBT token responds to critics, says it expects listings soon
Cointelegraph By Helen Partz - 0
Spanish LGBT-related token MariCoin (MCOIN) has responded to the community following skepticism around the project’s concept and goals.Some had even criticized the project for its name, which played on a homophobic slur in Spanish. But according to key people in the project, they have simply misunderstood. MariCoin CEO Francisco...
Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
Cointelegraph By Helen Partz - 0
Despite major internet blackouts amid anti-government protests in Kazakhstan, some Bitcoin (BTC) miners operating in the country are not planning to leave the country just yet.BIT Mining, one of the largest BTC mining companies that relocated operations from China to Kazakhstan last year, is still evaluating the impact of...
Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence
Cointelegraph By Helen Partz - 0
Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst.BTC and ETH will be heading toward $100,000 and $5,000 this year, respectively, according to a forecast by Bloomberg intelligence...
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Cointelegraph By Helen Partz - 0
Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum.Sygnum officially announced Thursday that it closed a $90 million Series B round led by Sun Hung Kai, a real estate giant and alternative...
Top Bitcoin mining country Kazakhstan turns off internet amid protests
Cointelegraph By Helen Partz - 0
Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests.Network data provider NetBlocks reported Wednesday that Kazakhstan was “in the midst of a nation-scale internet blackout after a day of mobile internet disruptions and partial restrictions.” According...
The cryptocurrency community has raised concerns about Maricoin, a new token supposedly related to the LGBT+ community, with some people even suspecting the project to be a scam.Launched in December 2021, Maricoin promises to enable a “social, ethical, transparent and transversal means of payment” targeting the global “pink...
Bitcoin is new gold for millennials, Wharton finance professor says
Cointelegraph By Helen Partz - 0
Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor.Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday.On the other hand, BTC has been increasingly emerging...
The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), targeting a national rollout in the first quarter of 2022.After proceeding with initial CBDC prototype testing in March 2021, Jamaica’s central bank finished an eight-month-long pilot last Friday, the Jamaica Information Service reported.As...
Bitcoin ‘died’ 45 times in 2021 as media still eager to post BTC obituaries
Cointelegraph By Helen Partz - 0
As Bitcoin (BTC) was hitting new historical highs above $68,000 this year, global cryptocurrency naysayers were increasingly blasting BTC for its extreme volatility and potential risks.According to Bitcoin Obituaries data by Bitcoin education portal 99Bitcoins, the original cryptocurrency was declared “dead” as many as 45 times in 2021,...