Cryptocurrency Insight
Bitcoin price has been in an uptrend throughout 2023 after historic bank runs, but has recently been rejected above the key $30,000 level. However, the leading cryptocurrency has already rallied over $1,000 intraday to over $28,000 per coin after First Republic Bank shares collapsed. Maintaining Read More
Vice President of the Swiss National Bank (SNB) Martin Schlegel caused an uproar in the Bitcoin community with a new comment on a TV interview. Schlegel was asked to complete the sentences of the Swiss presenter who said: “I consider Bitcoin…”. And Schlegel added, “a Read More
Bitcoin has been rising recently amid widespread banking industry troubles, prompted by Silicon Valley Bank. But bank runs have been a recurring problem throughout history, causing significant damage to the economy. The collapse of major banks and the ensuing panic during the Great Depression of Read More
Xapo Bank announced that it has joined the Lightning Network and formed a partnership with Lightspark. This collaboration will make the organization the first private bank to accept Lightning payments with a full license. according to a Press releaseXapo Bank users can now instantly pay Read More
Bitcoin is a lot of things to many people – digital gold, a speculative investment, a technological experiment, a decentralized replacement for fiat money, etc. But being compared to a central bank is probably the last thing cryptocurrency creator Satoshi Nakamoto expected his creation to Read More
The Bank of England (BoE) and the UK Treasury are expected to support the development of the British central bank digital currency (CBDC), popularly known as “Britcoin” or “digital pound”. The talk of a British CBDC began in April 2021 when the UK Treasury, then Read More