Blockchain Cryptocurrency News

Russia, China, And Other BRICS Members Consider Launching Cryptocurrency For Payments

Russia, China, as well as the other members of the international group of emerging nations BRICS, which include India, Brazil, and South Africa, plan to create a cryptocurrency designed for payment settlements. BRICS Contemplating A Cryptocurrency BRICS is an international group of emerging nations that includes some of the world’s most prominent economies. Namely, these Read more…

Blockchain Cryptocurrency News

“Bank for Banks” Working On Prototype Crypto Asset

BIS & SNB Working On Crypto Announced in a document published Tuesday, the Swiss National Bank and the Bank for International Settlements, the so-called “Bank for Banks”, are looking to begin work on a blockchain-based crypto asset. The document stated: “[It] will examine the integration of digital central bank money into a distributed ledger technology Read more…

Bitcoin Cryptocurrency News

Bitcoin Is Now The 11th Largest Money In The World

As helpfully tweeted by the trader and analyst known as Rhythm, Bitcoin is now the 11th largest money/monetary supply in the world. That’s pretty impressive for a 10-year-old upstart, created from an anonymously published 9-page whitepaper. Less Is More, More Or Less Bitcoin’s mathematically limited supply has seen it being increasingly used as a store of Read more…

Bitcoin Cryptocurrency News

The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly

For better or worse, bitcoin is now on the global political stage.  It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. Meanwhile, India just proposed an all-out ban on bitcoin while China scrambles to create 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…

Blockchain Cryptocurrency News Market

Iran Launches Gold-Backed Stablecoin Amidst US Sanctions

Iran is determined to find a way to prosper amid the unilateral sanctions imposed by the U.S. government, and the political team of Hasan Rohaní, president of the Persian country, is relying on the use of blockchain technologies as a way to counter U.S. influence in the world of international finance. Hasan Rohani. President of Read more…

Bitcoin Cryptocurrency News Market

Russian Prime Minister: Don’t ‘Bury’ Crypto over Bear Market Woes

Russian Prime Minister Dmitry Medvedev has addressed the cryptocurrency bear market in a speech at the Gaidar international scientific forum, according to local media outlet TASS. Russian PM Warns Against Discounting Bitcoin On Tuesday, Medvedev stressed the importance of carefully monitoring the situation of Bitcoin and other cryptocurrencies, citing their volatility as a cause for Read more…

Why NEO Co-Founder Erik Zhang Says Ethereum Will Overtake Bitcoin
Bitcoin Blockchain Cryptocurrency News Ethereum Market

Why NEO Co-Founder Erik Zhang Says Ethereum Will Overtake Bitcoin

NEO appears to be losing ground in the popularity contest, at least lately. In the glory days of 2017, the “Chinese Ethereum” was a top 10 cryptocurrency with unstoppable potential. NEO was touted as being faster, better, and capable of handling way more transactions than other major networks. The hype surrounding the project was palpable. Read more…