What are cryptocurrencies? Cryptocurrencies are assets that have been created digitally by a private company to serve as a store of value, which can be used to exchange for goods…
Risks
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- Dogecoin
Look out below! Dogecoin risks further downside after a key support is tested By Cointelegraph
by Mikiby MikiDogecoin (DOGE) is potentially at risk of losing critical support if the price falls from the ascending channel traded in for the last 53 days. Although technical analysis is not…
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The writer is author of ‘The Future of Money: How the Digital Revolution is Transforming Currencies and Finance’ Decentralised finance, or DeFi, is the next frontier in finance. New forms…
- Blockchain
Sen. Warren Nudges Treasury Sec, Regulators to Address Crypto-Related Risks
by Mikiby MikiU.S. Democrat Senator Elizabeth Warren and a member of the Senate Banking Committee has sent a letter to Treasury Secretary Janet Yellen on the subject of stemming risks associated with cryptocurrencies. The…
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Two International Monetary Fund (IMF) officials criticize Monday without name and shame that the adoption of Bitcoin as legal tender in some countries would be risky and “could be dire”…
- Bitcoin
UK Watchdog FCA Announces £11 M Marketing Campaign to Warn Users of Crypto Risks
by Mikiby MikiUK watchdog, the Financial Conduct Authority (FCA) has announced the launch of its upcoming digital marketing campaign worth £11m to alert the younger investors in the crypto community of the…
- All Alt Coin
Central Bank of China Raises Concerns over Financial Risks of Stablecoins
by Mikiby MikiThe executive of the PBoC says that digital currencies raised potential threats to financial security and social stability. The central bank of China has said it is “quite worried” about…
- Bitcoin
El Salvador’s Bitcoin Adoption Can Cause Regulatory Risks for its Banks- Fitch Ratings
by Mikiby MikiThe move by the Caribbean Island nation, El Salvador to adopt Bitcoin as its official legal tender after the United States Dollar has been tagged by FitchRatings as bad for…