March, 2022

In 2022 we will see mass adoption of cryptocurrencies in the US
Bitcoin, Τεχνική Ανάλυση
11/03/2022
41

In 2022 we will see mass adoption of cryptocurrencies in the US

The market has shown significant growth this year…

2022 will be the year of massive adoption of cryptocurrencies in the US, according to Bloomberg senior commodity strategist Mike McGlone.
As he stressed, the market showed significant growth this year.
This is due to the loose monetary policy of developed countries, whose authorities have sought to mitigate the impact of the coronavirus crisis by taking relief measures.
As a result, there was an explosion of liquidity and, consequently, a dramatic increase in demand for shares and other alternative assets.

A Bloomberg analyst believes that the US Federal Reserve will lift its support program next year.
This is indicated by a significant increase in inflation and a fairly large labor market.
This should lead to a drop in the stock market, however defensive assets such as Bitcoin will continue to rise.
“The Fed’s attempt to curb inflation and reduce bond yields is creating a macroeconomic environment that will fuel the growth of cryptocurrencies such as Bitcoin and Ethereum.
By the end of 2021, the market will be deviating from the stock markets and this may signal further growth in digital assets,” McGlone said.
Once again, the analyst confirmed his forecast that the price of bitcoin tends to $ 100,000.

Source: https://www.bankingnews.gr/kriptonomismata/articles/602086/mcglone-to-2022-tha-doyme-maziki-yiothetisi-kryptonomismaton-stis-ipa?fbclid=IwAR0WBwbtMR7KaFQv5HVB8HB8HB8HB8XB4V8

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The elected mayor of New York will be paid with Bitcoin
Bitcoin, Events, Multimedia
10/03/2022
38

The elected mayor of New York will be paid with Bitcoin

New York Mayor-elect Eric Adams has announced via Twitter that he will receive his first three Bitcoin salaries. The new mayor has already stated that his main goal is to make New York the center of the cryptocurrency economy.

Following the announcement by the Mayor of Miami that he will start paying his fees in Bitcoin, it is now the turn of the Mayor of New York, who informed those who follow him on Twitter that his first three salaries will be made entirely in Bitcoin. In this way he wanted to emphasize his support for cryptocurrencies, with New York aspiring to play a central role in the spread of Bitcoin.

Interest in Bitcoin seems to be moving high in New York, where since mid-October, a Bitcoin-linked fund has been available and traded on the New York Stock Exchange.

Source: https://techblog.gr/internet/o-eklegmenos-dimarchos-tis-neas-yorkis-tha-plirothei-bitcoin/?fbclid=IwAR0jiS6tlD1QbGEPwb5d6zeGU-WGgLSKbKvSrEeQUrSlNfiHCDiQy0c1nPE

 

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Visa launches cryptocurrency consulting services for banks
Bitcoin, Events
09/03/2022
48

Visa launches cryptocurrency consulting services for banks

In a recent Visa study, 18% of global respondents revealed that they are more likely to be transferred to a bank offering cryptocurrency-related products over the next year.

Payment giant Visa has set up a global cryptocurrency consulting practice to help financial institutions incorporate them into their services.
Cisa Sheffield, head of Visa’s cryptocurrency division, told CoinDesk: “We believe that Visa will play a critical role in bridging banks with the cryptocurrency ecosystem. Every bank must have a crypto-strategy.”
The cryptocurrency advisory team will work with the company’s advisory and analysis team to help banks formulate strategies, as well as their own banking cryptocurrencies.
Sheffield says there has been a turning point in the last nine months, with banks beginning to recognize that their consumers want access to cryptocurrencies.

At the same time, they want to better understand this new technology and the decentralized world.

In a recent study conducted by Visa, 18% of global respondents revealed that they are very likely to be transferred to a bank that will offer cryptocurrency-related products over the next year.
In emerging markets, this percentage was 24%.
And for consumers who already have cryptocurrencies, the Visa study found that almost 40% of respondents expressed a willingness to change their banks to those that offer cryptocurrencies.

Source: https://www.bankingnews.gr/kriptonomismata/articles/601363/i-visa-lansarei-symvouleftikes-ypiresies-kryptonomismaton-gia-trapezes?fbclid=IwAR3AZWIOHdTgnftpqBHQ8BBBN_

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Cryptocurrencies will give the UK an edge over the EU
Altcoins, Bitcoin, Events
08/03/2022
36

Cryptocurrencies will give the UK an edge over the EU

According to Hammond, the blockchain will be the backbone of the future trading system

The use of cryptocurrencies to improve the economic situation of Great Britain is recommended by the former Minister of Finance Philip Hammond.
He said in an interview that digital assets such as cryptocurrencies could give the UK a unique edge over its European rivals in the post-Brexit era.
He estimated that both bitcoin and altcoins will be used in more and more economies in the coming years.
“I believe this trend will not stop.”

“We must act quickly to ensure that Great Britain is in a good position.”

As Hammond pointed out, it is unwise to ignore cryptocurrencies, since many countries use them extensively.
He noted that Gibraltar has developed a regulatory framework that has made it possible to attract companies that specialize in cryptocurrencies.
For example, the Chinese exchange Huobi announced that it plans to move its spot trading to Gibraltar.
In fact, according to Hammond, the blockchain will be the backbone of the future trading system.
In October, Hammond said authorities needed to change course so that “companies could use cryptocurrencies.”

Source: https://www.bankingnews.gr/kriptonomismata/articles/600670/hammond-ta-kryptonomismata-tha-prosferoun-sti-megali-vretania-pleonektima-enanti-tis-ee?fbclid=IwAR38J2YRjnhVUAClufpDNl7XFzVBrbDfSj99qXbPWEpO-98MhKX8QUTMDYg

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