September 21, 2022

[ad_1] The Central Bank of Iran will make a pilot launch of a central bank digital currency (CBDC) on Sept. 22, the Iranian Chamber of Commerce has announced. The so-called “crypto-rial” has been in the planning stage for several years. The launch of the crypto rial was originally planned for November, according to the Chamber, …

Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report Read More »

[ad_1] Can we all agree that the Federal Reserve has a plan to combat runaway inflation? They do. Chair Jerome Powell has all but admitted it. After tempering his comments before previous rate hikes, allowing wiggle room which gave way to market rebounds, Powell has left no bones about this one. It is necessary to …

Jerome Powell is prolonging our economic agony Read More »

[ad_1] The Hong Kong Monetary Authority (HKMA) published a paper outlining the state of research on its proposed retail central bank digital currency (rCBDC) and plans for its further development. This is the third paper the HKMA has published on the e-HKD, as the proposed CBDC is called.  The proposed rCBDC would have a two-tier …

Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp Read More »

[ad_1] Hello everyone, let’s take a look at the Bitcoin (BTC) to USDT chart over the 4 day timeframe. As you can see, the price is moving above the local uptrend line. Let’s start with the designation of the support line and as you can see the first support in the near future is $ …

Bitcoin (BTC) to USDT chart over the 4 day timeframe Read More »

[ad_1] According to a new press release on Wednesday, Société Générale, one of the largest investment banks in Europe, said that it would be expanding its cryptocurrency asset management services through its Security Services subsidiary. Clients who are digital asset fund managers can now elect to have Société Générale as their fund custodian, valuator and …

Societe Generale launches custodial services for crypto fund managers Read More »

[ad_1] BTC/USD Searches for Direction:  Sally Ho’s Technical Analysis – 22 September 2022   Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair continued to orbit the psychologically-important 20000 figure following elevated volatility over the past several trading sessions.  Traders recently knocked BTC/USD as low as the 18255 level, its …

Bitcoin Price Analysis: Downside Dominates – 22 September 2022 Read More »

[ad_1] On Wednesday, Tether (USDT), the issuer of the U.S. dollar-pegged USDT stablecoin, said that a recent order by a U.S. judge to provide evidence of USDT backing is part of routine discovery in court cases. The firm said that the decision did not substantiate any of the claims listed in an ongoing lawsuit:  “We …

Tether says new court order to produce USDT reserve backing is a ‘routine discovery matter’ Read More »

[ad_1] As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet.  Crypto wallets are programs that allow users to store, send and receive cryptocurrency. Each wallet has a private key that allows the wallet …

Are noncustodial crypto wallets a practical option for the everyday hodler? Read More »