Bitcoin Cryptocurrency News Market

Today Marks the 2nd Anniversary of China’s Bitcoin Ban, What Has Changed?

Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls.   Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using Read more…

Cryptocurrency News Market

Winklevoss Twins Open to Partner with Facebook Despite Old Disputes

Tyler and Cameron Winklevoss, the co-founders of crypto exchange Gemini, admitted in an interview with CNN that they were ready to partner with Facebook for the Libra project. Tyler and Cameron Winklevoss Believe in Libra On August 19, Winklevoss brothers told CNN’s Poppy Harlow that they would close their eyes to their rivalry with Facebook’s Read more…

Bitcoin Cryptocurrency News

China Ready to Roll out State-Backed Digital Currency

According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers. Facebook Libra’s coin has been all Read more…

Bitcoin Cryptocurrency News

Bitcoin Price On Way To $250,000 By Q1 2023: Tim Draper

Billionaire investor Tim Draper says Bitcoin price will be worth more than $250,000 before 2023. He also believes the digital asset will be a major method of exchange in the future. Boxing and Bitcoin Billionaire venture capitalist and Bitcoin bull Tim Draper is making media waves again. Draper is well known for predicting that Bitcoin Read more…

Bitcoin Blockchain Cryptocurrency News

Bitcoin Market Dominance Is Actually Over 75%: Ex Google Exec

Bitcoin in fact accounts for a much larger proportion of the overall cryptocurrency market, a former Google and Facebook executive has claimed. Bitcoin Market Dominance Has Long Been over 60% Presenting new figures on social media August 6, Avichal Garg, who now runs cryptocurrency asset management firm Electric Capital, said standard methods for measuring Bitcoin’s Read more…

Cryptocurrency News Market

English Football Giant Newcastle United Scores Crypto Trading Sponsor

Newcastle United  F.C. – one of the top-tier Premier League football teams in England – now has a new crypto trading sponsor. Newcastle United Scores Crypto Partnership According to a press release published today, StormGain becomes Newcastle United’s new Official Sleeve Partner, showing off the cryptocurrency trading platform’s brand name on the football team’s shirts Read more…

Bitcoin Cryptocurrency News

Bitcoin has a ‘Big Future’ Says Donald Trump’s Ex-Chief Strategist

US President Donald Trump is not a big fan of bitcoin. But that does not stop his former advisers from saying positive words about the world’s most expensive crypto asset. Bannon on Bitcoin Steve Bannon, who was the chief strategist to Trump during his first seven months in the White House, thinks cryptocurrencies like bitcoin Read more…

Blockchain Cryptocurrency News Market

Key Takeaways from U.S. Senate’s Latest Crypto Inquisition

Earlier today, the United States Senate Committee on Banking, Housing, and Urban Affairs held a full committee hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” to discuss the viability of existing policies and regulations governing the U.S. crypto industry. Crypto industry executives including Circle CEO Jeremy Allaire were present at the hearing to Read more…

Blockchain Cryptocurrency News

Verizon Hiring Blockchain Experts for Distributed Network Project

U.S. telecom giant Verizon appears ready to join the blockchain space as its website currently lists 35 vacancies requiring ‘blockchain technology knowledge’. Verizon Joins the Fray A recent LinkedIn post for blockchain-engineers indicates that telecom giant, Verizon, could be in the process of building a blockchain-based product focused on privacy, payments, and security. According to Read more…