Blockchain Cryptocurrency News Market

Justin Sun Invites President Trump For His Lunch With Warren Buffet

The co-founder of Tron, Justin Sun, has invited the president of the United States, Donald Trump, for lunch where he would interact with notable figures in the cryptocurrency space and perhaps try to convince Warren Buffet otherwise. Sun’s invitation stems from Trumps Twitter post. On the social media platform, the US president said: “I am Read more…

Blockchain Cryptocurrency News

China’s Roadmap For A Digital Yuan, Will Tron (TRX) And NEO Benefit?

The People’s Bank of China is charting the road map that will lead to the creation of a digital yuan. The move is going to establish the People’s Republic of China dominance in the global cryptocurrency race. Speaking on this development on Twitter Anthony Pompliano of Morgan Digital wrote: “BREAKING: China has received internal approvals Read more…

Bitcoin Cryptocurrency News

Bitcoin Disrupting Banking; Deutsche Bank To Cut 18,000 Jobs by 2022

Throughout history, the banking industry has always been vulnerable to a range of risks, but somehow, it has been able to survive for over three thousand years. But now, traditional banking is increasingly under threat from geopolitical uncertainty and, most significantly, from the advent of new technologies, including artificial intelligence and Bitcoin. As a result, Read more…

Bitcoin Cryptocurrency News

Chinese Media Is All Praises For Bitcoin

Prominent Chinese media houses love Bitcoin and believe that the number one cryptocurrency is a safe haven asset given rising tensions in the socio-political relations among global economic powerhouses. Bitcoin as a Haven Asset — No Longer an Outlier Argument Xinhua News Agency — a government-run media outlet in China has published a report showing Read more…

Cryptocurrency News Market

Breakthrough In Iceland, Electronic Money (Crypto) Now Legal

Apart from Bitcoin miners preferring Iceland due to its cold weather, the country is making headlines in other fronts closely related to blockchain technology. The country’s financial watchdog, FME (Financial Supervisory Authority), has legalized the use of cryptocurrency in payments. Iceland’s Financial Supervisory Authority has authorized its first ever crypto institution, Monerium, which is based Read more…

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…

Bitcoin Cryptocurrency News

Miss Hong Kong Explains ‘Bitcoin Time Traveller’ On Biggest TV Channel

The winner of the Miss Hong Kong 2015 pageant has appeared on the territory’s most popular TV channel explaining the ‘Bitcoin Time Traveler’ theory. Explaining The ‘Bitcoin Time-Traveler’ Theory The theory stems from a Reddit post made in 2013, by a user named Luke Magnotta. In it, he claimed to be a time traveler from Read more…

Cryptocurrency News

Blockchain Research Institute Chairman Says Chinese Renminbi Will Become Crypto in 20 Years

China has been notoriously harsh on the development of cryptocurrency, imposing a ban on investing and trading into digital assets, including Bitcoin. However, the executive chairman for the Blockchain Research Institute believes that in 20 years, Chinese national fait currency will be replaced by a cryptocurrency version. Donald Tapscott, speaking in an interview with Bloomberg Read more…