Cryptocurrency Analysis and News Portal
China is expected to launch its first state-backed cryptocurrency in few months. Now it has been reported that with the backing of the Central Bank of China, this digital currency will be first received by 7 different institutions.Former employee of China Construction Bank, Paul Schulte, has said that the Industrial
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The upcoming CME futures expiration set for Friday is expected to have a significant effect on the next bitcoin price action as the biggest cryptocurrency threatens to plunge below the $10,000 mark.In the past nine weeks, the Bitcoin price rally has stalled. Analysts believe that the crypto may suffer a
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The Santiago Stock Exchange (STE), Central Securities Depository (DCV) and the Global Trade Directory (GTD) announced a new blockchain association.Latin America focused business intelligence firm BNamericas reports on Aug. 27 that STE, DCV and GTD have set up a consortium for blockchain financial application development, which is reportedly the
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The UK’s National Liberal Party now wants to put in place policies to regulate cryptocurrencies better. Finally, an organized political initiative to regulate properly cryptocurrency; however, the big question is whether or not someone will actually embrace it?In the UK, citizens have been victims of cryptocurrency frauds and con jobs
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When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting image of what regulation might entail. It’s part of crypto’s DNA to be unregulated, some might say. It
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Ripple's chief Brag Garlinghouse insists 'it's clear XRP is a security'. | Source: Flickr/OFFICIAL LEWEB PHOTOSInvestments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments. The result
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Facebook has hired the Washington-based public policy and business strategy advisory firm FS Vector that specializes in the fintech, cryptocurrency, blockchain and financial services markets to support it on issues related to crypto policy.The firm was hired by the social media giant amid regulatory pushback from U.S. lawmakers over the
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Bitcoin (BTC) price has been everywhere and nowhere lately. As price consolidates analysts are concurrently screaming bull and bear. The noise is leading to confusion for the average investor who is finding it difficult to separate it from the signal. Let’s take a comprehensive view of Bitcon price action to gain
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Bitcoin(BTC)trade didn’t really take a hit when President Donald Trump tweeted about it and Treasury Secretary Steven Mnuchin labeled Bitcoin a security threat. However, as the presidential elections come closer, things are beginning to change. Democratic presidential hopeful Andrew Yang just came out in full support of blockchain, the technology
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