Cryptocurrency

Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’

</header> <strong>At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins.</strong> Also read: Regulatory Roundup …

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Croatian Post Now Offers Crypto Exchange Service at 55 Branches

</header> <strong>Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this …

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Market Update: Despite Uncertainty, BTC Longs Skyrocket

</header> <strong>Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying to surpass upper resistance, skeptics think crypto …

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Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

</header> <strong>Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto …

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Bakkt Launches Bitcoin Options in US, Futures in Asia

</header> <strong>Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures.</strong> Also …

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Bitcoin Mining Operations Offer New Strategies Before Reward Reduction

</header> <strong>As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> mining. …

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Weiss Ratings Downgrades EOS to ‘C-‘ Due to Centralization – How Other Coins Measure Up

</header> <strong>Weiss Ratings has downgraded <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/EOS” target=”_blank” rel=”noopener noreferrer”>EOS</a> once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” …

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New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments

</header> <strong>The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. </strong> Also read: Crypto Startups to Get …

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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money

</header> <strong>Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies.</strong> Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets ‘The End of Fiat Money?’ …

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Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto

</header> <strong>Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book a flight. …

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