Bitcoin Cryptocurrency News

The Federal Reserve Could Be Helping Bitcoin to $100K

Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun Read more…

Cryptocurrency News Market

Libra Latest: Bank of England’s Carney Hints At Crypto On Central Bank Balance Sheets in BBC Interview

Talking to BBC radio about a new Bank of England report The Future of Finance, governor Mark Carney was fairly balanced about Facebook’s Libra but said: “You can’t let a system develop that you have to use because it becomes so integral to everyday life.” Carney, in response to the interviewer suggesting the report was Read more…

Cryptocurrency News

Cryptocurrency is “More Convenient” than Cash and Society is Ready for Adoption, Head of the Central Bank of Russia Says

Cryptocurrencies are being used more each time in the field of geopolitics, transcending the image of being just an experimental technology promoted by some fintechs and enthusiasts. After drawing the attention of the G20, several countries began to evaluate the possibility of issuing their own cryptocurrency, however, no powerful nation had shown a real, concrete Read more…

Cryptocurrency News Market

Facebook announces Libra coin and Calibra Wallet App in Global Money Pitch

Last updated 11:18 GMT 18 June 2019 Facebook has announced Libra,  its cryptocurrency its says is “reinventing money” Sending money will be a simple as sending a message or photo for users of its WhatsApp and Messenger products, Facebook claims. The whitepaper for the Libra blockchain is available here. The network is scheduled to go Read more…

Bitcoin Cryptocurrency News

Next Bitcoin (BTC) Boon to Be Facebook’s Globalcoin: Industry Investor

Next Bitcoin Boon As more news has been published in regards to Facebook’s crypto venture, experts of Bitcoin (BTC) have begun to speculate as to what effect the social media giant will have on cryptocurrency. Some are taking this discussion cynically, screaming that the Silicon Valley firm’s foray into the industry is a “Trojan horse” Read more…

Bitcoin Blockchain Cryptocurrency News

South Korea’s Biggest Bank U-Turns on Crypto With Custody Service

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. The move marks a decisive change Read more…

Altcoin Cryptocurrency News Ripple

Ripple-backed InstaReM to roll out cross-border transactions by collaborating with Thailand’s Kasikornbank

Ripple-backed InstaReM, the cross-border payments company, has been making headlines consistently. Just a couple of months back, its CEO Prajit Nanu had announced plans of advancing financial inclusion by improving remittance methods. InstaReM had also recently closed a Series C funding round which raised $41 million, which saw support from the likes of Beacon Venture Read more…