Crypto Cycles: A Shift In Investment Logic In The Digital Currency Market

2019-12-27 00:33

The economist Albert Alchain once said “economics does not care whether people are rational, but whether people can survive. ”  This statement certainly hits home. After ten years of rapid growth in the digital currency market, the impression most people have is that it’s all just hype, a bubble, or too risky.

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China’s Central Bank Digital Currency is “Digital Form of the Yuan” & “Not for Speculation”

China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […]

2019-12-23 19:11


Despite ‘Fraudulent’ Launch Reports, China’s Central Bank Is Still Researching CBDC’s

Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]

2019-11-14 23:14


Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views

Those who have followed Alan Greenspan’s career know how his tenure as a Federal Reserve chairman propelled the U.S. economy to the brink of disaster. The monetarist, who the Time Magazine named among the 25 people that caused the 2008 financial crisis, conveniently blocked efforts to crack down on the abusive subprime mortgage loans, promoted […] The post Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views appeared first on CCN.com

2019-11-13 20:13


China’s “Over-Obsessive Control” is the Main Motivation for Its DCEP Digital Currency Initiative

After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […]

2019-11-2 22:24


People’s Bank of China (PBoC) Launches Digital Payment Certification of Fintech Products System

In what has been China’s week for blockchain, The People’s bank of China (PBoC), launched a new certification program to regulate digital currency payments in the country. The new laws will be set up and approved by the authority according to the official report released in a filing dated Oct. 26. The report states the […]

2019-10-30 01:31


Facebook could tap cryptocurrency exchanges to build their Libra dreams

The Libra ordeal is unlike any other. A social media giant, at the firm center of Silicon Valley, begins working on a digital currency in complete secrecy. Not only is an area in Menlo Park cordoned off for the project, but Facebook slowly begins picking off people from technology, finance and blockchain companies to build […] The post Facebook could tap cryptocurrency exchanges to build their Libra dreams appeared first on AMBCrypto.

2019-10-5 18:00


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The Bitcoin Ponzi Scheme Paradox

Detractors claim Bitcoin to be a Ponzi scheme. A history of such schemes shows this to be untrue. Yet, paradoxically, Bitcoin is being used to perpetuate the largest Ponzi scheme in history. The second report in the "FUD Fighters" series powered by HIVE Digital Technologies LTD.