Synopsis In an effort to grow Spaces, Twitter will launch a creator fund to provide financial, technical and marketing support to users who host recurring audio programming on Spaces. Twitter users globally on iOS devices can now send and receive digital payments, which was previously limited to a small group of testers. Related Opportunity? Bitcoin […]

Synopsis Among the top 10 coins, XRP was the biggest loser, down nearly 3 per cent. Solana also fell over 2 per cent. Ethereum, Binance Coin and Dogecoin were down over 1 per cent each. Polkadot and Bitcoin gained marginally. Related RBI’s CBDC must not bear interest, else it will break banking system: Subbarao Bitcoin […]

Synopsis In an interview with ETMarkets.com, the former governor said the intermediary function of commercial banks would come under stress if the CBDC offered by RBI becomes an interest-bearing instrument. “I don’t believe CBDCs should pay interest, because if they do, then they are not a currency since currencies don’t bear interest,” the former governor […]

Synopsis Despite suffering a decisive correction in April 2021, Bitcoin retraced back rather significantly over the next few months. Led by its adoption as a legal tender in El Salvador and the subsequent eternalization of its founder, Satoshi Nakamoto, Bitcoin, for now, seems to be moving in the right direction. For credible crypto exchanges like […]

Synopsis Barring stablecoins that are pegged to the dollar, all of the top 10 cryptocurrencies traded higher at 900 hours (IST). Polkadot climbed as much as 15 per cent, whereas Solana followed closely with over 14 per cent gain. Related Fed to release paper on central bank digital currency soon, Powell says These cryptocurrencies have […]

Synopsis Powell said on Wednesday that no decision has been made and that the priority is for the U.S. payments system to remain “stable and trustworthy.” Related Powell says Fed taper could start ‘soon’ and end around mid-2022 Will CBDCs help ease cross-border payments? The Federal Reserve will “soon” release research examining the costs and […]

Synopsis Barring the US dollar pegged Tether, nine out of top 10 cryptocurrencies were trading lower at 9.30 hours IST. Solana shed more than 6 per cent, whereas Polkadot tanked 5 per cent. Ethereum declined 4 per cent. Related Cryptocurrencies post 5th straight week of inflows These cryptocurrencies have fallen 40% in 2 weeks; is […]

Synopsis Crypto inflows amounted to $41.6 million for the week ended Sept. 17, with bitcoin getting the bulk of inflows at $15.3 million, and ether products garnering $6.6 million. The data showed that inflows were seen across the board. “This improved sentiment could be a seasonal phenomenon, but we are not seeing a commensurate rise […]

Synopsis The global crypto market cap tanked over 5 per cent to $1.91 trillion compared to the last day. However, the total crypto market volume gained as much as 68 per cent to $150.66 billion. Related Cryptocurrencies post 5th straight week of inflows How ‘sandwich attack’ can make your crypto deal bitter Will CBDCs help […]

Synopsis Bitcoin, the biggest and the best known cryptocurrency, traded around $43,000, recovering from a fall to $40,192 earlier in the session. It hit a four-month high of $52,000 on Sept 6. Related Top cryptocurrency prices today: Polkadot, Bitcoin, Binance Coin shed up to 8% Robinhood testing crypto wallet, crypto transfer features: Report Cryptocurrencies post […]