The administration of the Reserve Bank of India announced its intention to increase the number of transactions in the central bank digital currency to one million per day in 2023. The Reserve Bank of India (RBI) is promoting the electronic rupee in the local financial market as a digital alternative to physical money and unregulated crypto-currency assets, which are gaining great popularity among the country’s citizens. RBI Deputy Governor T Rabi Sankar said that as

Matrixport is optimistic about Bitcoin. Markus Thielen, head of research and strategy at Matrixport, believes the leading cryptocurrency will rise to $125,000 by the end of 2024. Markus Thielen predicts several months of bullishness and the end of the bear market. According to him, the signal of the bullish cycle was the rise in the price of bitcoin to $31,000, which is the highest since June 2022. There were similar signals in August 2012, December

The head of Binance again criticized regulators in the US and Europe for harassing his cryptocurrency exchange, saying that the problem with bribes is in the bribes themselves, and not in the currency through which they are made. “When bribes are given in cash, the problem is the bribes; when bribes are made in crypto, the problem is in crypto,” Changpeng Zhao tweeted. Last week, the Binance administration filed a petition in the US District

The Dubai Virtual Assets Regulatory Authority (VARA) has published a list of fees that crypto assets companies will have to pay to the regulator. According to a press release from VARA, private cryptocurrency trading companies must obtain a No Objection Certificate (NOC) in order to operate in the Emirate of Dubai or the UAE. Before issuing this certificate, VARA will assess whether the company’s trading activity meets the minimum requirements. Upon successful verification, any private

The RippleX company, which develops for the Ripple ecosystem, is preparing the first browser-based wallet to work with the XRP Ledger blockchain. It was named Crossmark. It is reported that Crossmark will allow you to quickly and easily sign transactions on the XRP Ledger network and switch between networks. When developing, the specialists focused on the most popular wallet for Ethereum MetaMask. The developers emphasized that they have integrated into Crossmark functions similar to MetaMask,

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

Cryptocurrency platform Horizen has decided to remove all consensus-level privacy features, after which its native ZEN token will no longer be anonymous. “The current regulatory environment creates issues with the availability and adoption of privacy cryptocurrencies,” the company explained. The privacy of the blockchain itself was provided by the shielded pools of the main Horizen network. They were based on the outdated ZCash Sprout technology. Now the developers of the platform are preparing the ZEN

Over the past week, the volume of trading on centralized cryptocurrency exchanges has increased significantly. Analysts attribute this to BlackRock’s bid for a spot crypto ETF. Average trading volume on CeFi rose from $11 billion on May 26 to $19.5 billion on June 26. However, trading volumes are well below record levels — in 2021, during Bitcoin’s bull cycle, the figure exceeded $150 billion per day. “We believe that the surge in trading volume over

The Bathhouse, located in Brooklyn, New York, told its Instagram followers that it uses mining rigs to heat water. “Fun fact! Did you know that our pools are heated by waste energy from bitcoin mining?” Bathhouse wrote on the social network. Bathhouse has bitcoin mining rigs that generate heat as a by-product. The post describes how heat is collected and used to heat pools through a circulating system. The opinions of subscribers were divided. Some

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get