Cryptocurrency Analysis and News Portal
The Republic of Burundi in central Africa has banned the trading digital currencies in the country due to associated risks.As Bloomberg reported on Sept. 4, some Burundian citizens urged the government to take action regarding cryptocurrency trading after they lost money while dealing with virtual currencies. The government subsequently
Read More
Blockchain tracking startup TruTrace Technologies Inc. partnered with Big Four auditing firm Deloitte to track cannabis using blockchain technology.Investing news outlet ProactiveInvestors reported on Sept. 4 that TruTrace is launching its StrainSecure product in partnership with Deloitte. The system in question reportedly employs blockchain technology to track cannabis from
Read More
The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via
Read More
One of the “Big Four” accounting firms PwC, the Luxembourg branch, will accept Bitcoin(BTC)trade payments from clients beginning October 1st.PwC Luxemburg, a subsidiary of the world’s second-largest professional services firm, has announced on September 2nd that the firm will start accepting Bitcoin as a method of payment from its clients
Read More
The correlation with bitcoin price is becoming obvious. | Source: ShuttertockBitcoin (BTC) started this week off in good spirits, citing an impressive rise of around 8%. Interestingly, analysts are attributing some of this action to the close of the Chicago Mercantile Exchange (CME).Bitcoin's 8% rise this week which left
Read More
European Central Bank (ECB) president candidate and International Monetary Fund (IMF) chief Christine Lagarde stated on Sept. 4 that central banks and financial supervisors should protect consumers but also be open to innovation such as cryptocurrencies.Changes are opportunitiesDuring her opening statement, shared with CryptoX in an IMF press release,
Read More
The price of bitcoin surged by $5,000 on April 2, a 23 percent jump that many believe was sparked by an article published on April Fool’s Day. Its title was “SEC drops the Bomb: Approves Bitcoin ETFs.”ETFs, a backronym for Exchange-Traded Funds, have lately caught up with the imagination of
Read More
An official from the Marshall Islands has published an essay explaining the country’s national cryptocurrency project ahead of the Invest: Asia 2019 conference.The issuance of the Marshallese sovereign (SOV) was discussed in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the
Read More
Binance has published an announcement on September 2nd, disclosing the acquisition of the little-known crypto derivatives platform JEX. One of the world’s largest crypto exchanges and trading platforms is planning to step into the derivative market and JEX might open the doors of crypto futures and options markets for Binance.Binance
Read More
The Bitcoin Network hash rate is currently on the path to reaching 90 quintillion hashes per second. Bitcoin’s computing potential has been increasing steadily since a massive decline at the back end of 2018 during the Bitcoin Cash “hash war.” Also, some commentators predict that the BTC price will soon
Read More