Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

A fresh research report out of Deutsche Bank suggests that cryptocurrencies could replace cash by 2030. According to Deutsche Bank‘s research report, this development hinges on crypto becoming “substitute” to fiat currencies rather than a monetary “addition”. Deutsche Bank research paper speculates that crypto could kill cash This news came out in Deutsche Bank‘s recent … Continue reading Deutsche Bank Suggests Cryptocurrencies Will Replace Cash by 2030

EU Decides to Forbid Private Digital Currencies Like Libra – For Now

EU Decides to Forbid Private Digital Currencies Like Libra - For Now

The European Union has traditionally had a tough stance on Facebook’s budding cryptocurrency, Libra. Now it appears that the European Union wants to tackle these types of digital currencies head-on, as the EU’s finance ministers agree that private digital currencies like Libra should not be allowed. EU finance ministers prevent Libra from beginning operations This … Continue reading EU Decides to Forbid Private Digital Currencies Like Libra – For Now

Record: $9 Billion of On-Chain Bitcoin Transactions in An Hour

Record: $9 Billion of On-Chain Bitcoin Transactions in An Hour

Don’t let the relatively calm cryptocurrency markets fool anybody - the cryptocurrency sector is heating up. Specificially, on December 4th a massive amount of Bitcoin were moved on the blockchain during a single hour. Moreover, this massive transaction amount came with a notably tiny fee - yet again demonstrating the cost-effectiveness of large cryptocurrency transactions.  … Continue reading Record: $9 Billion of On-Chain Bitcoin Transactions in An Hour

Georgia Governor Appoints Bakkt’s CEO to US Senate Seat

Georgia Governor Appoints Bakkt’s CEO to US Senate Seat

It would appear that Bitcoin has taken another step towards more favorable regulatory recognition  in the US. Namely, the CEO of the institutional Bitcoin futures platform Bakkt has just been nominated to become a United States Senator. Bakkt’s CEO appointed to US Senate seat This news came in a fresh report by the Washington Post. … Continue reading Georgia Governor Appoints Bakkt’s CEO to US Senate Seat