Page 2 - Inside Bitcoins News Today

Last Updated: 27 May 2021 In a sign of worldwide growing adoption, central bank digital currencies (CBDCs) programs are currently underway in many countries. West African giant Nigeria appears to be the latest entrant in a field that is garnering much attention. Digital Naira in the Works The Central Bank of Nigeria (CBN) is planning on launching a digital version of the Nigerian Naira, local news outlet Nairametrics reports. This was made known by Nigeria’s central bank G...

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Tesla scores about $1 billion in profits from Bitcoin: Wedbushs Dan Ives Ines Ferré Teslas (TSLA) investment in Bitcoin (BTC-USD) has garnered the electric vehicle company about $1 billion in profits — at least on paper, according to estimates from Wedbush Securities Managing Director Dan Ives. "That’s more than all they made on EV vehicles in 2020, but that continues to be the double-edge sword. It’s going to add risk to the story, and we’re seeing that in terms of the...

Cryptocurrencies - Are You Preparing? Bill Miller, CIO, EMS USA, Inc. Cryptocurrencies, digital currencies that are based on cryptography, are becoming a pivotal focus area for capital markets in 2016. As these new currencies become more widely accepted, the potential for massively disruptive technological change is clearly looming. Some analysts estimate that there are over 700 new cryptocurrencies already circulating, though many are admittedly in their infancy, and most will never be widely ...

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Bittrex Takes Out XRP Markets from Its Platforms Following SEC Suit Last Updated: 30 December 2020 Ripple Labs’ troubles with its XRP token continues to mount, with the blockchain company gearing up for a legal battle with the Securities and Exchange Commission (SEC). Following the agency launching a case against Ripple Labs, several top industry names have strategically cut ties with both the company and its token. Bittrex Cuts Bait The latest in a string of abandonments ...