A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third of the respondents support the central bank’s proposal while an equal number of participants in the survey oppose it. Bank of Russia’s Call to Prohibit Cryptocurrencies Backed by 32% of Russians Who Know Bitcoin Amid ongoing discussions on the future of digital currencies, the Russian Public… Source link

Bitcoin (CRYPTO:BTC) is the $720 billion behemoth in the crypto market, and has been called a lot of things, including a hedge against inflation and the future of digital currency. But I think right now the best-case scenario for Bitcoin is that it’s digital gold, or a store of value for turbulent times.  Whether you’re bullish on Bitcoin or not, I think the use cases for this digital currency have proven to be limited over the last few years. But… Source link

Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Saturday, the Digital Money has gained 2.76% to $111.41. InvestorsObserver is giving Litecoin a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market. The Volatility Gauge… Source link

by Analytics Insight January 29, 2022 This article features cryptocurrencies like Solana, Avalanche, and more that are most bullish right now. The market is going bullish again after a week of downturns. Some of the coins like Bitcoin and BNB recording impressive gains over the last two days. But there are cryptocurrencies that have been very bullish in the market not just the last two days but for some time now. Read more about the cryptocurrencies in this list and learn which are the… Source link

Meta, the world’s biggest social media platform, has filed a trademark registration with the Brazilian authorities to design, develop and provision hardware and software for various Bitcoin (BTC) and crypto-related services.  Meta recently rebranded from Facebook as a move to better align with the Metaverse developments despite regulatory hurdles faced during its numerous previous attempts to enter the crypto space. Accelerating this effort, Meta filed a trademark registration with the… Source link

by Analytics Insight January 29, 2022 This article features the latest updates on cryptocurrencies like Bitgert, Centcex, and more The morning of 29th Jan looks good for the crypto community because all the largest cryptocurrencies are green. Despite the FED’s moves that have tumbled the crypto market, it looks like this weekend might be bullish. Apart from the surging market prices, there are many other updates from these cryptocurrencies worth noting today. Here are the 29th Jan… Source link

Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced in recent times. JPMorgan Changes Long-Term Bitcoin Price Estimate JPMorgan, one of the biggest financial institutions in the world, has drastically changed its… Source link

Illustration by Elias Stein Text size … Source link

Illustration by Elias Stein Text size … Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link