El Salvador Crypto News

G7 Urges Crypto Regulations in Light of Terra Collapse: Report

While the crypto world continues to assess the damage done in last week’s market crash, members of the G7 are urging regulators to act before the body’s next gathering in June. Reuters reported that a draft letter by the countries’ finance ministers and central bankers is asking the Switzerland-based Financial Stability Board (FSB) to advance

Read More

2 Cryptocurrency Stocks Investors Can Buy Right Now

Image source: Getty Images The decision of the Federal Reserve to hike interest rates throughout 2022 has sent markets into a tailspin. While interest rates need to be increased and offset inflation, it will also increase the cost of debt and impact the profit margins of corporates. Further, as bond yields rise, capital will shift

Read More

Fidelity Investments Canada beefs up investment lineup

Fidelity Investments Canada has also introduced the Fidelity Total Metaverse Index ETF and the Fidelity Total Metaverse Index ETF Fund. “Leveraging Fidelity’s trusted investment expertise, vast global network and research capabilities, Fidelity Total Metaverse Index ETF will expand Fidelity’s thematic investing line up and offer investors access to companies that may revolutionize the digital world,”

Read More

Round13 Launches a Dedicated Fund to Invest in the Emerging Blockchain and Digital Asset Market; Raises US$70 Million to Date

Article content Initial investors in Canada’s first institutional crypto native venture fund include a major Canadian pension fund along with family offices and high net worth individuals Article content TORONTO — Round13, a leading Canadian venture capital firm with approximately $700 million in assets under management, has launched a dedicated fund to invest in the

Read More

Here’s why bitcoin will be like Visa or Mastercard by 2030

Bitcoin is here to stay. Not in its current form, to be sure. But cybercurrencies, or cryptos, have shown remarkable staying power despite epic plunges in value. The latest one, in recent weeks, has wiped out more than $1 trillion (U.S.) in crypto value as part of the investor flight from all risk assets, including

Read More

Crypto crash: Bitcoin ad director says he has ‘no idea how cryptocurrency works’

The director of a multi-million dollar ad campaign for a bitcoin exchange has said he has “no idea how cryptocurrency works” after being questioned about the recent market crash. FTX’s Super Bowl commercial featured the comedian Larry David, who played different characters throughout history dismissing revolutionary technologies like the wheel and the light bulb. It

Read More

A crypto CEO’s mea culpa: Head of TSX-listed Galaxy Digital apologizes after US$40-billion collapse of two currencies

Mike Novogratz, founder and chief executive officer of Galaxy Digital Holdings Ltd., at the Bitcoin Conference 2022 in Miami Beach, Fla, on April 6.MARCO BELLO/Reuters The chief executive of Galaxy Digital Holdings Ltd., a leading cryptocurrency company listed on the Toronto Stock Exchange, has issued a mea culpa for his role in the collapse of

Read More

Fidelity Offers Access to Virtual World of Possibilities Through Metaverse Index ETF on the NEO Exchange

TORONTO–(BUSINESS WIRE)–$FMTV #NEOExchange–NEO is proud to welcome Fidelity Investments Canada ULC (“Fidelity”) back to the NEO Exchange with the launch of the Fidelity Total Metaverse Index ETF, an equity strategy now available for trading under the symbol FMTV. Designed to provide access to the companies that are expected to drive the development of the virtual

Read More

El Salvador's Bitcoin bet: Why Nayib Bukele went all-in on crypto. – Slate

El Salvador’s Bitcoin bet: Why Nayib Bukele went all-in on crypto.  Slate El Salvador’s President Promotes Bitcoin Adoption by Emerging Countries  CoinDesk If Bitcoin Collapses, It Will Completely Destroy El Salvador  Analytics Insight El Salvador’s president is hosting the Davos for Bitcoin with more than 40 countries represented  Fortune El Salvador’s President Went All In on Bitcoin. Then It

Read More

Iris Energy: A Way To Play Bitcoin’s Eventual Turnaround (NASDAQ:IREN)

South_agency/E+ via Getty Images As the broad cryptocurrency market continues to languish with Bitcoin (BTC-USD) back below $30,000, businesses that are built around the cryptocurrency industry have suffered mightily as well. While companies like Coinbase (COIN), Galaxy Digital (OTC:OTCPK:BRPHF), and Silvergate Capital Corp. (SI) provide exposure to the cryptocurrency space through a more traditional equity

Read More

After the crash, crypto boosters are still HODLing

Last week saw TerraUSD — the third-largest stablecoin, a token nominally pegged 1-to-1 to another currency — lose nearly all of its value, while bitcoin continued to fall, plunging below $27,000 on May 11. But crypto’s current tumult will not jeopardize two of the industry’s flagship projects — El Salvador’s Bitcoin bond and Tether — according

Read More

Is Bitcoin crash going to impact El Salvador’s economy?

Follow Us El Salvador created headlines when it decided to adopt cryptocurrencies as a legal tender. Now, amid the ongoing price fluctuations due to the volatile market what will happen to its economy if Bitcoin collapses completely? Read more at www.wionews.com

Read More

Crypto crazy | John Mangun

Having a discussion about cryptocurrencies with some investors is like discussing polygamy with some followers of Islam or homosexuality with some Christians. It is a place that you do not want to go, especially if you are talking with a “religious fanatic.” And cryptocurrency is a religion for some. Again, let me state clearly. Bitcoin

Read More

Are Gold Stocks Too Cheap to Ignore?

Image source: Getty Images Gold stocks are down significantly in the past month on a pullback in the price of gold. Investors who missed the rally at the start of the year are wondering if the sector is undervalued and if this is a good time to buy gold miners for their portfolios. Gold market

Read More

Crypto regulations to be discussed at G7

Crypto regulations to be discussed at G7 While the crypto community is still reeling from the crash of Terra LUNE, and the G7 discussions aim to push for global crypto regulation By Shashank Bhardwaj Image: Ulrich Baumgarten via Getty Images Bank of France Governor François Villeroy de Galhau announced on Tuesday, May 17, that crypto

Read More

Improving ‘legal tender status’ for cryptocurrency

[This article has been published in Restoring America to highlight how loosening regulations on various forms of currency could contribute to economic growth.] Bitcoin is now legal tender in both the Central African Republic and El Salvador, and there have been talks around a number of other countries that may be preparing to follow suit.

Read More

CanadaHelps Enables Cryptocurrency Donations, Giving Canadians Even More Ways to Support Charities

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Article content Canadians now have a trusted, easy, and secure way to

Read More

CanadaHelps Enables Cryptocurrency Donations, Giving

TORONTO, May 18, 2022 (GLOBE NEWSWIRE) — CanadaHelps, the country’s largest platform for donating and fundraising online, today announced that it now accepts donations of cryptocurrency in support of any of Canada’s 86,000 registered charities. This new service is in response to growing interest from both charities and younger donors, and to ensure all Canadian

Read More

SparkWorld* Editorial Content, UK

Coinspeaker SparkWorld* Editorial Content, UK In the cryptosphere, we know we must gather and stay together in order to make progress, innovate, envision, and play

Read More

Bitcoin rises 5.3% to $30,205

May 19 (Reuters) – Bitcoin rose 5.33% to $30,204.92 at 2201 GMT on Thursday, adding $1,530.09 to its previous close. The world’s biggest and best-known

Read More