ECB president warns central banks could “losing control” without CBDCs
ECB president warns central banks could “losing control” without CBDCsLagarde said Central Banks are like "anchors" to other banks, which mandates them to step into the CBDCs if they want to maintain their role.
Happy Tuesday!The global crypto market cap is $1.13 trillion with a 24-hour volume of $37.8 billion. The price of Bitcoin is $26,902.03 and BTC market dominance is 45.9%. The price of Ethereum is $1,736.62 and ETH market dominance is 18.8%. The best performing cryptoasset sector is Cannabis, which gained 13%.
Latest NewsECB president warns central banks could “losing control” without CBDCs
Lagarde said Central Banks are like "anchors" to other banks, which mandates them to step into the CBDCs if they want to maintain their role. OKX becomes latest exchange to apply for Hong Kong VASP licenseOKX is the latest crypto firm to look to set up shop in Hong Kong after the country's pivot to a more crypto-friendly stance. Law firm Cooper & Kirk accuses US regulators of weaponizing bankingCooper & Kirk calls on Congress to investigate unlawful and unconstitutional actions against the crypto industry. Zero-knowledge proofs now live on BitcoinCompetition heats up as developers race to optimize and scale zero-knowledge proofs —with ZeroSync and StarkWare leading the way. SBF charged with bribing Chinese government officials with $40MSBF reportedly bribed Chinese government officials with over $40 million to regain access Alameda's trading accounts worth over $1 billion. Circle’s USDC to launch on CosmosThis is the first time since the collapse of Terra's UST that Cosmos will have a native stablecoin issued on the blockchain. XRP rises 10% against Bitcoin as USD value rises to five-month highBlockchain analytical firm Santiment reported that XRP's social dominance is at its highest point in a year following its surge to $0.49. CryptoSlate wMarket Update: CFTC’s Binance lawsuit puts bears in control of market — pushes BTC below $27,000The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Binance CEO CZ reveals copy of letter to US Senators – weeks before CFTC lawsuitCZ said 'lots of details' were given in a letter to US Senators, who were calling for greater transparency and accountability. Cardano’s Hoskinson lauds Polygon’s zkEVM launch despite previous criticism of EthereumThis is one of the few times that Cardano founder Charles Hoskinson has spoken positively about something related to Ethereum.
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Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
Monday, March 27, 2023
Nvidia CTO, Michael Kagan, criticizes cryptocurrencies as not bringing anything useful to society.
Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
Saturday, March 25, 2023
Draper said cryptocurrencies are a good option to hold excess cash as it needs to be a long-term holding that is easily saleable in times of crisis.
Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets arm
Friday, March 24, 2023
Nasdaq is the latest traditional financial giant to pivot toward crypto — joining the ranks of Fidelity Investments, BNY Mellon and BlackRock.
Coinbase CEO sells shares prior to SEC warning
Thursday, March 23, 2023
Brian Armstrong issued three transactions to sell Coinbase shares on March 15 and 21, according to recent data.
Former Coinbase CTO urges ‘get to Bitcoin’ before CBDC digital lockdown
Wednesday, March 22, 2023
Balaji Srinivasan warns of impending financial tyranny under CBDC system, advocates for Bitcoin as a solution.
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