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 Cryptocurrency News

3 Reasons The Current Bitcoin Price Rally is Fundamentally Different

Barry Silbert, Digital Currency Group founder and CEO, has been talking to Bloomberg about the latest Bitcoin resurgence. In particular, he discussed the factors making this time fundamentally different from rallies following previous drawdowns. Underlying Bitcoin Infrastructure Improvements Silbert first pointed out that 80 percent drawdowns have happened multiple times before, and each time Bitcoin Read more…

4 Bitcoin Trends Likely to Dominate 2019
Bitcoin Cryptocurrency News Market

4 Bitcoin Trends Likely to Dominate 2019

Now is the time when people typically start assessing what the year ahead is likely to bring for various topics and industries. Bitcoin is no different. Investors and enthusiasts will likely notice several trends becoming prominent. Here are four of them. 1. Bitcoin-Compatible ATMs Become Widely Available Reports indicate 2019 will be the year that Read more…

world gold council says bitcoin not a good substitute for gold
Bitcoin Cryptocurrency News Market

World Gold Council: Bitcoin is No Substitute for Gold

As the largest and most established cryptocurrency, Bitcoin has earned a reputation among many as “digital gold.” Long-term HODLers and Bitcoin proponents either compare Satoshi’s invention to the precious metal or claim that it’s better than gold. But new research from the World Gold Council says otherwise. Gold kicks Bitcoin’s sorry ass. World Gold Council Read more…

saudi and uae to experiment with blockchain for cross border payment
Blockchain Cryptocurrency News Market

Saudi Arabia and United Arab Emirates to Launch a Cryptocurrency for Banks. Underlying Blockchain Tech Still Undisclosed

The Sixteen Members of the Committee The world of cryptocurrencies and blockchain technologies is slowly beginning to permeate the traditional finance market, and Arabs are willing to become references for other actors by using these technologies in large-scale operations. According to an article published by the Emirates News Agency, The Executive Committee of the Saudi-Emirati Read more…

Bitcoin Cryptocurrency News

Pakistan Taps Blockchain Developed by $150B Alipay, But Forbids Bitcoin

bThe government of Pakistan is reportedly using a blockchain platform developed by Alibaba’s Alipay. But, cryptocurrencies like Bitcoin remain banned in the country for payments. The initiative of the Financial Action Task Force (FATF) of Pakistan to utilize a blockchain application to combat money laundering demonstrates the typical “blockchain not Bitcoin” narrative pushed by central Read more…

central bank looking to issue own cryptocurrency
Blockchain Cryptocurrency News Market

BIS Reports 70% of Central Banks Are Studying Cryptocurrencies

A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying central bank digital currencies (CBDC). However, most of them are unlikely to issue any type of digital currency in the near future.  CBDC ‘Unlikely’ in The Short Term BIS published the results of a new Read more…

Bitcoin Cryptocurrency News Litecoin

In Gold [and Bitcoin?] We Trust: Precious Metals Surge as Stocks Fall

The price of gold futures broke the $1,300 per ounce threshold for the first time since June 2018. Investors are likely moving positions to the gold markets, pushed away from stocks after recent dips. The crypto market capitalization, or the total amount invested in bitcoin and other cryptocurrencies, is also holding nicely, showing that cryptocurrency

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