Cryptocurrency News

Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers

While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. The world’s financial regulators are all casting eyes Read more…

Bitcoin Cryptocurrency News

IBM: Central Banks Will Launch Digital Currencies Within 5 Years

Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years. IBM Sees Serious Future For CBDC’s The OMFIF-IBM report entitled “Retail CBDs: The Read more…

Bitcoin Cryptocurrency News

Bitcoin Price Will Hit $1 Million After ‘Two More Bubbles’: Bobby Lee

Bobby Lee expects Bitcoin price to reach $1 million in five to ten years after a couple of more bubbles.  Ballet crypto wallet founder, and ex-CEO and founder of one of China’s longest-running crypto exchanged, BTCC, Bobby Lee, put forward some lofty price predictions for Bitcoin at the just concluded Malta AIBC. Bobby Lee Launches Read more…

Binance Cryptocurrency News

Is Binance Trying to Become Crypto Standard for the World?

Crypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the Ukrainian government, and implementing a cryptographic protocol for distributed key generation and signing – these are only a few achievements of the company led by Read more…

Altcoin Cryptocurrency News

Coinbase Tezos Pump Fires Up Spreads Across Crypto Exchanges

Tezos price spiked sharply today after Coinbase announced staking rewards for XTZ. The token pumped so hard that huge spreads opened up between exchanges leading to arbitrage opportunities for savvy traders. Crypto Exchange Pump Inbound Late yesterday Coinbase announced that it was expanding access for Tezos staking. The offer of earning rewards for XTZ stored Read more…

Bitcoin Cryptocurrency News

Bitcoin Price Hits $11.6K on Argentinian Crypto Exchange

Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium. Trading Jobs Cut Boosts Bitcoin Price Shifting politics, economic uncertainty, and stricter forex controls have led Argentine banks to eliminate trading desk Read more…

Altcoin Cryptocurrency News Litecoin

Litecoin’s 60% hashrate drop being balanced out by growing mining profitability

When it comes to halving in the cryptocurrency world, the ecosystem’s main concern revolves around the profitability of mining and its resultant effect on the token’s price. Litecoin’s creator was als

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Blockchain Cryptocurrency News Ethereum

Ethereum Will Become More “Centralized and Dysfunctional Over Time”

Bitcoin developer Tuur Demeester recently took to Twitter to once again express his concerns regarding Ethereum and the project’s future. Ethereum is still the second-largest cryptocurrency, with the current price of $184.32 and a market cap of nearly $20 billion, at the time of writing. The coin also has a daily trading volume of $8.90 Read more…

Blockchain Cryptocurrency News

Chinese State Media is Busy Riding the Blockchain Bull

The crypto momentum is all coming from China at the moment. As the US continues to stumble over its own bureaucratic hurdles, the red dragon is steaming ahead with more blockchain bullishness that will ultimately benefit the wider crypto industry. Chinese State Media Can’t Get Enough of ‘Blockchain’ Founding partner at Primitive Crypto and China Read more…