Russia issues landmark digital currency-backed loan

Expobank, the former Russian subsidiary of Barclays, has issued a digital currency collateral loan to Russian entrepreneur and tax consultant Mikhail Uspensk. Uspenk bought Waves tokens (WAVES) in 2018 during their ICO but quickly learned that his WAVES were useless. Therefore, he decided to use his WAVES as collateral for a loan he has taken […]

Analysts Warn of Turbulent “Dog Days” of Summer; Will Bitcoin’s Rally Survive?

Bitcoin has found itself once again the talk of the finance world, even stealing some of the luster from the gold rally. And although August is normally a slow month for markets, analysts are warning of an especially turbulent summer.  With the dog days of summer ahead, and continued economic shakeup, can Bitcoin’s recent bull […]

Russia Legalizes Crypto, Citadel Securities Fine, LINK: Editor’s Pick

In a relatively quiet week in the newsroom, here are the standout stories from the worlds of forex, fintech, and crypto, in our best of the week segment. Russia Legalizes Cryptocurrencies Terming Them Property In a bold move that dominated the crypto news this week, The Russian State Duma has passed a bill on Wednesday legalizing cryptocurrencies in […]

Lithuania Launches Its First-Ever Cryptocurrency LBCOIN

The Bank of Lithuania has launched its collectors’ coin utilizing the blockchain network of NEM. Although it’s aimed for collectors’ value, it could be the bank’s path towards launching a CBDC. The Bank of Lithuania has officially launched its blockchain-based digital collector coin called LBCOIN. Although bank officials clarified that it’s not a CBDC, they […]

Is gold and silver the next bitcoin for millennials? This could be revolutionary

What the gold sector has needed for years is generalist interest in the space, and one demographic in particular that has shied away from the sector is now showing unprecedented interest, according to Lobo Tiggre, principal analyst of the Independent Speculator. “Young people today understand that there is a risk in calling something money that […]

Ethereum’s Vitalik Buterin Thinks It May Take Another 2 Years Before BTC Peaks

Ethereum’s co-founder and creator, Vitalik Buterin, who recently aired his opinion against the PlanB’s stock-to-flow model Bitcoin price forecast. He stated that he understands that halving has effects on Bitcoin’s price before and during the event, however, he maintained that a post-halving price surge won’t be because the reward of miner got slashed. Speaking further, […]

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