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According to a statement earlier today, Jan. 28, Roger Ver’s Bitcoin.com is backing down from the 12.5% mining tax on Bitcoin Cash they proposed along with other major BCH mining pools owing to the community’s overwhelming negative response to the proposal. Bitcoin.com’s positionLast week, Bitcoin Cash (BCH) personalities proposed a
Read MoreA former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin.Min Zhu, former deputy governor at the PBoC, said China should join other nations in regulating the Facebook-led Libra stablecoin, according
Read MoreWe’re over $9,000! That means a lot of good things, of course. But any price increase brings with it increased scrutiny and, yes, increased FUD. The question for this time around is whether the "fear, uncertainty and doubt" is the same old same old or something new. In this episode, @nlw
Read MoreBitcoin was able to incur some steady upwards momentum yesterday, which allowed its price to rapidly climb up to its 2020 highs of $9,200 before it faced some strong selling pressure that led it to plummet back towards $8,900. Buyer were able to absorb the majority of this selling pressure, however,
Read MorePopular Bitcoin (BTC) exchange platform LocalBitcoins is allegedly suspending user accounts with little fanfare, citing an “enhanced due diligence process.”Finland-based LocalBitcoins, one of major global peer-to-peer (P2P) crypto exchanges, has reportedly suspended user accounts in some countries in Africa, the Middle East and Asia without warning, with some users
Read MoreToday Cardano (ADA) broke above its 6-month range and now follows the movements of large-cap altcoins like Bitcoin Cash ABC (BCH), Dash (DASH) and Ethereum Classic (ETC). Does this mean that altcoins are entirely out of the woods? Crypto market daily performance. Source: Coin360ADA/BTC breaks above its 6-month trading rangeOver
Read MoreStandard Chartered has invested an undisclosed sum into Contour, a Corda-based blockchain trade platform, to streamline transaction settlement processes. Contour, which rebranded from Voltron last week, recently tapped R3's Asia chief Carl Wegner as CEO in the run-up to a full commercial launch of its digitized letter-of-credit (LoC) service, which
Read MoreBack in 2019, Bitcoin had been in the middle of a massive rally at the beginning of the year, and it seems that there might a repeat this year. In a new development that should come as a major boost to BTC investors, the cryptocurrency surged past $9,000 a token.
Read MoreTech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction.A patent document filed with the United States Patent and Trademark Office describes a system, which relates to financial data processing in an electronic currency platform, as
Read MoreThe Dow Jones Industrial Average (DJIA) opened in positive territory this Tuesday after plunging by 2.38 percent in the last two daily sessions.The index bounced by 0.54 percent, or 153.4 points, shortly after the opening bell, its gains led by tech stocks. Apple and Intel both registered early-morning profits after
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