The Bank of Canada should issue a digital currency: C.D. Howe Institute

The Bank of Canada says its looking into digital currency (REUTERS/Blair Gable) As cryptocurrencies grow in popularity, the C.D. Howe Institute says the Bank of Canada should issue a digital dollar to take advantage of advances in payments technology. The think tank says the digital currency should be a stablecoin, in a new report. Unlike … Read more

India’s proposed cryptocurrency ban creates path for official digital currency – TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for November 23, 2021! Yes, we’re one day closer to Thanksgiving. No, you cannot stop working yet. One more day! One day more! But before we … Read more

Netflix: “Squid Game” gives tailwind – stock analysis (Raiffeisen Bank International AG)

Vienna (www.aktiencheck.de) – Netflix stock analysis from Raiffeisen Bank International AG: In a current stock analysis, Andreas Schiller, an analyst at Raiffeisen Bank International AG, confirms the buy recommendation for Netflix shares (ISIN: US64110L1061, WKN 552484, ticker symbol: NFC, NASDAQ symbol: NFLX). Netflix had a strong result in the third quarter of 2021. Not only … Read more

A NASA engineer paid for his wedding and honeymoon by betting cryptocurrency on his ability to pick stocks for a quant trading firm | Currency News | Financial and Business News

Jupiter, as photographed by the Juno spacecraft, in September 2017. NASA/SwRI/MSSS/Gerald Eichstädt/Seán Doran NASA / SwRI / MSSS / Gerald Eichstädt / Seán Doran NASA engineer Hayden Burgoyne spends his nights betting cryptocurrency on stock picks. He’s part of an online tournament hosted by crowdsourced-fund Numerai, Bloomberg reported. “We trade stocks, and we’re doing a … Read more

Venezuelan currency, undermined by hyperinflation, loses six zeros

Children play cards and bet with unused Venezuelan bolivar banknotes in the city of Puerto Concha, Venezuela on September 9, 2021. FEDERICO PARRA / AFP Venezuelan currency lost six zeros, Friday 1is October, at midnight. The monetary reform initiated by Nicolas Maduro to counter the effects of hyperinflation and supposed to revitalize the economy is … Read more

Musk: Tesla and SpaceX continue to rely on Bitcoin

Cryptocurrency Musk: Tesla and SpaceX continue to rely on Bitcoin Tech billionaire Elon Musk has once again made clear his support for cryptocurrencies like Bitcoin. Photo: dpa Thanks to Elon Musk, the recently badly shaken crypto market is happy about price increases. The tech billionaire reiterated his support for digital currencies at the industry conference … Read more

record depreciation of the currency, clashes in two large cities

Angry protesters in Lebanon tried to storm Central Bank branches in two major cities in Lebanon on Saturday evening, June 26, the national news agency ANI reported after another record depreciation of the national currency on the black market. On Saturday afternoon, two money changers interviewed by Agence France-Presse (AFP) indicated that the dollar was … Read more