RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies

Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI Deputy Governor T. Rabi Sankar talked about the potential impact of central bank digital currencies (CBDCs) on cryptocurrencies, like bitcoin and ether, at a … RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies Read More » The post RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies first appeared on PRP Breaking News and Top Stories.
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Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer

Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting along at 129 PH/s and the network’s top mining pool Ethermine commands 0.24% of the network’s hashrate. Ethereum’s top mining pool Ethermine commands […] The post Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer first appeared on PR Business News Wire.
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Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’

Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the cryptocurrency market is now bigger than subprime mortgages before the financial crisis circa 2008, […] The post Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’ first appeared on PR Business News Wire.
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Two Bit Circus Brings Big Entertainment to Your Hotel Stay

Read More source The post Two Bit Circus Brings Big Entertainment to Your Hotel Stay first appeared on PRP Breaking News and Top Stories.
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Japan Adopts Legislation Establishing Legal Framework for Stablecoins

The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Lawmakers in Japan have passed a bill designed to determine the legal status of stablecoins. The authors […] The post Japan Adopts Legislation Establishing Legal Framework for Stablecoins first appeared on PR Business News Wire.
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Binance Labs Launches $500 Million Web3, Blockchain Fund

Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their use cases using Web3 and other […] The post Binance Labs Launches $500 Million Web3, Blockchain Fund first appeared on PR Business News Wire.
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Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages

Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800. Following a drop in price on Thursday, BTC was back in the green on Friday, as traders […] The post Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages first appeared on PR Business News Wire.
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