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skolnes

skolnes

  • Bitcoin News

    Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

    by skolnes October 24, 2024
    October 24, 2024

    Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with …

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  • Bitcoin News

    Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

    by skolnes October 24, 2024
    October 24, 2024

    Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president …

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  • Coinbase

    Base to bring Optimism’s fault-proof system to enhance decentralization

    by skolnes October 24, 2024
    October 24, 2024

    Coinbase’s layer-2 network Base is set to launch the fault-proof system, allowing users to independently confirm the validity of withdrawals. Ethereum-based network Base will integrate Optimism‘s fault-proof system — also …

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  • Bitcoin News

    Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences

    by skolnes October 24, 2024
    October 24, 2024

    Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government …

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  • Cryptocurrency News

    Stocks Waver on US Election Risks, Yen Advances: Markets Wrap

    by skolnes October 24, 2024
    October 24, 2024

    (Bloomberg) — European equities were set to emulate Asia’s lackluster session as concerns on China’s economy and a tight US presidential election dented risk sentiment. The yen halted a three-day …

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  • Cryptocurrency News

    Bitcoin Rally Cools as Trump Trades Present Hurdles for Crypto

    by skolnes October 24, 2024
    October 24, 2024

    (Bloomberg) — Bitcoin’s classification as a so-called Trump trade is starting to jar with wider shifts in global markets attributed in part to the possibility of the former president’s return …

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  • Bitcoin News

    Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade

    by skolnes October 24, 2024
    October 24, 2024

    Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need …

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  • Bitcoin News

    Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes

    by skolnes October 24, 2024
    October 24, 2024

    Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per …

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  • Bitcoin News

    Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

    by skolnes October 24, 2024
    October 24, 2024

    The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new …

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  • Cryptocurrency News

    The stock market is flashing a signal that’s previously preceded a 10% slump, Citi says

    by skolnes October 24, 2024
    October 24, 2024

    The Wall Street subway stopGetty images Investors’ exposure to the S&P 500 is the highest since mid-2023, Citi strategists said. They said that level of exposure at that time was …

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