Cryptocurrency Analysis and News Portal
John McAfee said that it is not the responsibility of cryptocurrency firms to help prevent crypto use in crime. McAfee delivered his remarks in an interview with Washington D.C.-based news agency The Hill on Nov. 11.McAfee argued that authorities should not require cryptocurrency companies and trading platforms to help
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The Royal Bank of Canada (RBC) is exploring building a cryptocurrency trading platform for both investments and in-store/online purchases. This move would make the bank — the largest in Canada by market capitalization, with $661 billion CAD ($499 billion) in assets under management — the first in the country to
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Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos.On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars and stablecoins on a one-to-one basis.A deepening collaborationWhile the service has
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Bitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U.S. IPO. Both companies are set to go head to head in trying to one-up the other in what could be the first-ever crypto-related public offering in the United States. Bitcoin
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Since Facebook’s announcement about the development of its own cryptocurrency called Libra in June, the cryptocurrency industry has struggled with many obstacles regarding its launch next year.Consumers are hesitant about the social media giant taking over a financial venture, claiming that tech companies should be utilizing the given cryptocurrencies in
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Derivatives exchange CME Group has announced it will launch options on its bitcoin futures contracts in January. In a notice on its website on Tuesday, the Chicago-based exchange said, as long as it gets the green light from regulators,
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California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest.According to CoinDesk on Nov. 12, the increasingly widespread payment gateway is planning to more than treble its existing crypto offerings for international users from 30 to 90 tokens.Four stablecoins
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As China moves forward towards the launch of the digitized version of its traditional currency, investors and financial authorities all over the world closely monitor and assess its implications for the general public.With worries of surveillance and abuse in mind, the head of the People’s Bank of China’s digital currency
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Regulated blockchain company Paxos has launched a product allowing crypto exchange customers to more easily fund their accounts with traditional money. With its new Fiat Gateway service, Paxos said Tuesday that users will be able to execute simple swaps between
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Bitcoin price is declining and it is now trading below the $8,800 level against the US Dollar.The price is trading with a bearish angle and it is likely to tumble below $8,600 and $8,500.Today’s key bearish trend line is active with resistance near $8,960 on the hourly chart of the
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