Cryptocurrency Analysis and News Portal
The former governor of Reserve Bank of India, Raghuram Rajan, said that private cryptocurrencies like Bitcoin (BTC) and Facebook’s Libra may have a future even when central banks roll out their own digital currencies.Rajan, who was also the Chief Economist and Research Director at the International Monetary Fund from 2003–2006,
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The experts believe that blockchain technology has a promising future and it may be integrated into a lot of industries. TimeCoinProtocol is designed to enable the creation of decentralized sharing economy apps.Sharing is not an entirely new way of life. Shared goods have been around for ages, with the simplest
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Brian Brooks, the Acting Comptroller of the Currency and former head of Coinbase’s legal department, put forward blockchain as better than the United States’ current bank-dependent payments system.Decentralization for future paymentsOn July 29, Brooks spoke with Aaron Klein of the Brookings Institution, a major U.S. think tank. In answer to
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As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. **The following essay was written by
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This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way to go in order to reach the $8,000 level seen before the coronavirus-triggered selloff on March 12.Cryptocurrency market
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Chen Weigang, former Vice President of China Insurance Regulatory Commission of the Communist Party, sat down with Yiben blockchain media on Feb 27 to talk about ICO regulations and digital currency trading in China. He told the media that a central bank digital currency (CBDC) is an important strategic
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Boeing has found debris in the fuel tanks of most of the undelivered 737 MAX jets it has tested so far. Boeing’s quality control issues raise questions about the company’s monopoly and its merger with McDonnell Douglas 20 years ago. Boeing may be exploiting its monopoly to deliver substandard
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Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There were only 11 stablecoins on the market in
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