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WEF 2022, May 25: Latest updates from the Cointelegraph Davos team
25.5.2022
The fourth day of WEF 2022 will see key people from the industry discuss the journey of crypto investors
WEF 2022: Satoshi Nakamoto could be a woman, says Meta VP Nicola Mendelsohn
25.5.2022
GBBC CEO highlighted the need for women representation on the crypto trading side, and claimed “Bro culture” is prevalent in the trading ecosystem
Exchanges show initial support to Terra revival by listing new LUNA token
25.5.2022
HitBTC plans to list Terra's brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets
25.5.2022
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates. Dutch Households Lead in Terms of Crypto...
Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges
25.5.2022
PRESS RELEASE. D’CENT Hardware Wallet recently added a new user-focused feature named ‘Exchange’ under the platform’s ‘Discovery’ tab menu, allowing users to exchange multiple network cryptocurrency assets with only a few clicks. Furthermore, users...
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
24.5.2022
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account...
Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates
24.5.2022
The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.”
ECB: One in ten households in eurozone population centers now own cryptocurrency
24.5.2022
The survey took place in the EU's major economic areas such as France, Germany, Italy, Spain, Belgium, and the Netherlands
Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
24.5.2022
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio...
Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price
24.5.2022
Solana continues to consolidate near the critical $50 price range, while bulls have begun to flirt with the idea of a possible upswing
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
24.5.2022
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced...
Crypto funds under management drop to a low not seen since July 2021
24.5.2022
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021
Central African Republic to launch official crypto hub ‘Sango’
24.5.2022
The Central African Republic prepares to launch its first major crypto hub shortly after the National Assembly adopted Bitcoin as legal tender
Top 3 cryptocurrencies that are faring the best in the 2022 bear market
24.5.2022
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs
Fed report finds most Americans who own crypto tend to be high income hodlers
23.5.2022
Only 12% of American adults used crypto in 2021, and the demographic gap between those who invested in it and those who used it in transactions was enormous
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
23.5.2022
FTM price recovers from its May 12 low after the launch of the fUSD stablecoin and the possible return of Andre Cronje
GameStop unveils beta cryptocurrency wallet and upcoming NFT platform
23.5.2022
GameStop launches an Ethereum-powered self-custodial wallet that is set to integrate with an upcoming NFT marketplace
Crypto inheritance: Are HODLers doomed to rely on centralized options?
23.5.2022
Are crypto inheritance solutions a centralizing force? To some, yes, but to others, decentralized solutions are out there
WEF 2022: PayPal looks to embrace all possible crypto and blockchain services
23.5.2022
PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its platform, the firm's vice president Richard Nash said
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
23.5.2022
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can...