There are currently several countries developing state digital currencies for cross-border settlements. And chances are, they will arrive even before the typical “in-country” CDBCs. While market turbulence is throwing prices of cryptocurrencies and DeFi assets up and down, central banks of different countries move forward with creating their own central bank digital currencies (CDBCs) with…
According to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…
The world’s most prominent digital currency may experience sharp volatility over the next few months, according to a proprietary model created by technical analyst Jack F. Cahn, writes Charles Bovaird on Forbes. Technical Event Model (TEM), which he developed in-house and measures extremes in sentiment, is a price-based macro filter that helps algorithmic trading programs…
Input Output recently announced that it would leverage Chainlink’s decentralized oracles to make it easier for developers to access real-world databases, paving the way to build DeFi applications on Cardano’s blockchain. Although sentiment surrounding the partnership has been positive, the native tokens for both projects have failed to react. Input Output Hong Kong (IOHK), the…
While the world speculates on which cryptocurrencies to invest in, a hamster in Germany named “Mr. Goxx” has been trading various crypto since June and has been outperforming Warren Buffet, Bitcoin, and the S&P 500. According to Mr. Goxx’s Twitter, the hamster’s portfolio is up over 20% in that time and involves real money and…
Quantum clouds are gathering on the horizon for the crypto industry, writes Emma Newbery on a Motley Fool. There’s a technological race going on: blockchain vs. quantum computing. Theoretically, major leaps in quantum computing could undermine the whole cryptocurrency industry – just as that nascent blockchain technology is entering the mainstream. But crypto experts are…