Interest in Bitcoin has evened out, blockchain drawing more attention
"A technology that has the ability to conduct and verify transactions via an immutable, time-stamped record that is replicated on servers across the globe has immense implications for the banking sector. We're talking about a massive overhaul of the banking industry's processes and a significant reduction in costs," Chief Economist for BBVA Compass Nathaniel Karp has said in a report titled Blockchain Technology: The Ultimate Disruption in the Financial System. The bank's economists have concluded that while interest in the leading cryptocurrency Bitcoin has evened out, the underlying....
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Over the last year or so, since crypto prices began bouncing strongly from late Q3 2024, interest has spiked, drawing attention to low-fee and scalable alternatives to Ethereum. These blockchains, mainly Solana, allow users to deploy smart contracts cheaply, all while remaining trustless and, to some extent, reliable. Bot Activity Is Not After All Bad–Here’s […]
Biometric authentication company NXT-ID has observed that Bitcoin is now being increasingly used as a standard currency more often, especially by tourists. Many instead of converting Euros choose to bring Bitcoin. Although it could be a late fad, but Bitcoin being acceptable at restaurants, amusement parks and gift shops prove one point, and that is that the market for this remains insatiable and secure digital Wocket® indeed will help a consumer make safe choices. It was recently reported that interest in Bitcoin has evened out and blockchain is emerging as the main attraction among the....
We at CoinTelegraph are strong believers in the immense potential of the Blockchain to change the world. Every day we are on a mission to increase the awareness of the endless opportunities and benefits offered by this innovative technology. We strive to do it by delivering the latest news, breakthroughs and analyses to our loyal readers. Interest in the Blockchain is high and growing. The best way to ‘socialize’ and popularize Blockchain is to go to the community. That is why we flew to Helsinki for the first Nordics Blockchain Conference. With the growing interest from developing....
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation, cyber security, operational resilience, and financial integrity and stability. CBDC Attracting Interest In its latest country focus report authored by economist Jack Ree, the IMF explains why Nigeria’s new CBDC has drawn substantial interest from the outside world and from central banks in....
Bitcoin’s new all-time high this month has led to a number of interesting developments in the crypto space. The success of the first Bitcoin ETF contributed greatly to the price of BTC finally bursting through the $67K price point and with it has come to a spike in funding rates in the market. The ProShares ETF saw over $1 billion in trading volume in its first day, signaling increased inflows into the market. The spike in funding rates moved along with the price movements of BTC in the month of October. This spike maintained momentum along with BTC movements. However, as the price....