Cryptocurrency News

Swiss Banks Collaborate on Blockchain-Based Deposit Token Initiative

Leading Swiss banks—PostFinance, UBS, and Sygnum—have teamed up to explore the feasibility of a digital Swiss franc. The initiative, spearheaded by the Swiss Bankers Association (SBVg), aims to modernize Switzerland’s ...

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Kamala Harris Vows to Promote Cryptocurrency in Surprising Campaign Shift

The presidential candidate presented her economic agenda to donors in New York City on September 22, emphasizing support for innovation in artificial intelligence and crypto while focusing on consumer and ...

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Big Pi Network (PI) News, Shiba Inu (SHIB) Price Predictions, and More: Bits Recap Sep 23

TL;DR SHIB has seen a solid price increase recently, with analysts predicting a major bull run in the coming months. However, the token’s market cap would need to reach extraordinary ...

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OpenSea Users Initiate Class-Action Lawsuit Over Alleged Sale of Unregistered Securities

Two users of the prominent non-fungible token (NFT) marketplace OpenSea have filed a class-action lawsuit in a U.S. federal court, accusing the platform of selling unregistered securities contracts. The plaintiffs, ...

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CBDCs Confront ‘Chicken-and-Egg Problem’ in Adoption, Says IMF

Central Bank Digital Currencies (CBDCs) face a “chicken-and-egg” problem, says the International Monetary Fund (IMF), where consumer adoption depends heavily on merchant participation, and vice versa. The phrase “chicken-and-egg” is ...

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What Causes Cryptocurrency to rise and fall -4 Factors Influencing Crypto Market Prices

Crypto markets maintained last week’s gains over the weekend following the Federal Reserve’s 0.5% interest rate cut. This week features reports on consumer sentiment, gross domestic product, and more inflation ...

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Bank of Canada Suspends Digital Dollar Initiative as Global CBDC Development Accelerates

Canada has reportedly paused its Central Bank Digital Currency (CBDC) project, which began in 2017. According to a September 18 CBC news story, after years of researching the potential for ...

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U.S. Spot Bitcoin ETFs See $92 Million in Daily Inflows Amid Market Downturn

U.S. spot Bitcoin exchange-traded funds (ETFs) saw a surge in investor interest on Friday, recording $92 million in net inflows despite a market downturn. The week also witnessed nearly $400 ...

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Consumers Favor Cash Over Central Bank Digital Currencies, Reveals Deutsche Bank Survey

While several central banks worldwide are actively exploring the feasibility of launching a Central Bank Digital Currency (CBDC), a recent survey has revealed that cash will not be going away ...

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Top 10 AI Cryptocurrencies Leading in Development Activity

Summary Santiment ranked Oasis Network (ROSE) as the top AI cryptocurrency in development activity. Despite its 80% price rally over the past month, Artificial Superintelligence Alliance (FET) did not make ...

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