Advertisement
The Chinese government may be about to rethink its strategy towards “digital currencies,” a recent speech by the country’s former central bank governor, Zhou Xiaochuan, suggests. Zhou, who served as the governor of the People’s Bank of China (PBoC) for more than 15 years until last year, said that China...
Cryptocurrency exchanges in Canada will have to be registered with the local regulatory agency, the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC). This is according to a recent article published by the agency on July 10. Exchanges In Canada Must Be Registered The cryptocurrency market around the world continues...
During the first part of this year, Bitcoin (BTC) has been very active and it was able to gather the attention of many other investors. After a bear trend in 2018, the digital asset surged and recovered from a very negative year. Surprisingly, the digital asset followed the path...
Jesse Powell, the CEO of the recognized cryptocurrency exchange Kraken, considers that there could be a large inflow of US dollars to the cryptocurrency market. During an interview with TD Ameritrade Network, he talked about the crypto market and the controversy around Tether (USDT). Jesse Powell Considers New Funds Would...
It seems that an unknown crypto investor has paid a premium on Ethereum (ETH) when he tried to purchase shares of the Grayscale Ethereum Trust (ETHE). The investor that wanted to gain exposure to the market paid around $5,200 per ether when the digital asset is currently being traded...
There are different central banks around the world that are taking very aggressive monetary policies in order to boost their economies. A few days ago, the Chairman of the U.S. Fed, suggested they could be lowering interest rates in the near future. Meanwhile, Mario Draghi, the president of the...
The recognized crypto analyst and chartist, Peter Brandt, wrote a tweet in which he shows that Bitcoin could eventually reach $100,000. He commented that the most popular virtual currency is currently experiencing its fourth parabolic phase that dates back to 2010. Bitcoin has recently surpassed $10,000. Bitcoin Could Reach $100,000 According to Peter...
Iceland is going to have the first currency in Europe to be traded as e-money. This has been approved by the Financial Supervisory Authority of Iceland (FME), which is going to recognize Monerium as its first electronic money institution. This was announced back on Friday, according to a recent...
Andrew Yang, a Democratic presidential candidate, has met with Charlie Lee, the founder of the popular cryptocurrency Litecoin (LTC). The goal was to discuss the future of virtual currencies and talk about blockchain technology and Bitcoin (BTC). Mr. Yang shared a picture on Twitter in which he is next...
Several banks around the world, including the United States, Japan and Europe, created a consortium in order to work on a cryptocurrency for cross-border transfers. The goal is to reduce transaction costs and offer better services to clients. Could this digital asset become a competitor to XRP? Could XRP Find...