It is no news that the Indian government frowns at cryptocurrency and anything related to digital assets, and that recently included Facebook's crypto, Libra and its Calibra wallet, which have been surrounded by so many controversies recently. Days after Indian government officials publicly expressed...
When Bitcoin hit the price of around $20,000 in 2017 then the media strolled all around with the cryptocurrency news. Bitcoin, the most prominent cryptocurrency and the one you’re most likely to have read about, has been around since 2009. However, its just past few years that it has...
Within minutes, on January 6, the Bitcoin price spiked from $3,830 to $4,030 by around five percent. Bitcoin’s (BTC) bears would be put on the back foot if prices climb past key resistance lined up at $4,140.The leading cryptocurrency jumped to a two-week high of $4,090 earlier today, as expected, ending a weeklong period...
IMF head Christine Lagarde’s positive comments on cryptocurrency appear to have inspired a U-turn in traditional finance circles. Lagarde’s suggestion that digital currencies could give fiat-based setups “a run for their money” provided a powerful alternative perspective to bankers’ “fraud” accusations. Lingham banker buddy’s optimism Now, well-known crypto industry figures such as Vinny Lingham are producing evidence...
Researchers at the European Central Bank (ECB) have published a new research report on the impact of distributed ledger technology (DLT) on the harmonization of post-trade settlement systems. Released by the Advisory Group on Market Infrastructures for Securities and Collateral late last week, the 134-page report examines the technology's possible effect on a...
Stock market strategist Jens Nordvig predicts that daily cryptocurrency trading volume will “soon surpass” that of Apple, the most-traded company stock. Nordvig, the founder and CEO of Exante Data, made this prediction in a note published earlier this week and quoted in CNBC: Cryptocurrency trading volume is now more than of $3bn/day...
Civic CEO Vinny Lingham has released his personal guide to ICO management, telling prospective businesses to “eat their own dogfood.” Following the entrepreneur’s previous blog post on digital tokens “eating the world,” Lingham released a brief guide at a time when the ICO industry is facing significant regulatory upheaval in its former biggest markets. The...
As institutional investors pile into the cryptocurrency space, they may be altering the underlying dynamics of the market itself. By virtue of buying in, institutional investors are pushing prices up, and that's likely to continue as these investors place bets in a way that furthers an already bullish cycle many...
After all, it seems as if the Chinese cryptocurrency industry and its central bank, the People’s Bank of China (PBoC), has minimal impact on bitcoin, Ethereum and the global cryptocurrency market. On September 4, PBoC along with three Chinese government financial agencies declared initial coin offerings (ICOs) as an illegal...
itcoin has recently hit another rally after moving sideways at about $4,300 for a week or so, but the recent spike has been hard to explain - so perhaps it was wrestler John Cena? The WWE super star posted a cryptic picture of a bunch of physical novelty Bitcoin coin...