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Former PBoC Vice-Chair Says the Backend Infrastructure for China’s Digital Yuan is Complete

China's much anticipated Digital Yuan backend development is complete, according to Wang Zhongmin, the former Vice-Chair of the PBoC National Council for Social Security Fund. Wang made this announcement during the virtual 2020 FinTech Forum that was held by Beijing's Fintech 50 Forum in collaboration with Tencent FinTech Research Institute. The initiative, which began around […] дальше »

2020-6-23 21:47


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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

2020-6-23 21:00


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Why Bitcoin Whales Mass-Withdrawing From Exchanges Suggests A Raging Bull Market Will Begin In July

As nations around the world scramble to contain the second wave of coronavirus, investors in the stock market have mostly entered a “wait and see” mode. This indecision in the traditional finance markets has trickled to the crypto market with bitcoin staging a rather boring price action in recent weeks.  The OG crypto has been […] дальше »

2020-6-23 20:43


BTC Giveaway Scams Using Elon Musk’s Name Pulls in More than $2M in Just Over a Month

Bitcoin giveaway scams bearing the name of Tesla CEO and the founder and CEO of SpaceX, Elon Musk raked in more than $2 million in just the past two months. While these giveaway scams have been around for over two years now, the latest ones involve the use of Bitcoin vanity addresses such as 1MuskPsV7BnuvMuHGWmmXUyXKjxp3vLZX6 […] дальше »

2020-6-22 16:00


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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside

Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »

2020-6-22 19:00


Crypto Tidbits: Bitcoin Holds $9k, Ethereum DeFi Gains Traction, Trump Talked BTC in 2018

Another week, another round of Crypto Tidbits. It’s been a relatively mild week for the Bitcoin market, much unlike previous ones. The cryptocurrency started the week around $9,300 and ended the week right around that level, with BTC changing hands between $8,900 and $9,550 for the past seven days. Each attempt at breaking out of the […] дальше »

2020-6-20 03:00


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Ripple Joins Over 40 Companies To Launch A Single Global Payment System, PayID: All You Need To Know

Ripple, the company behind the XRP token, on Thursday said it plans to help launch PayID after joining a consortium of over 40 global companies and nonprofits. The San Francisco-headquartered firm is now part of the Open Payments Coalition that will debut PayID which will enable people around the world to easily pay a person […] дальше »

2020-6-19 21:46


Bitcoin and S&P 500 Cointegration has Trillions of Money Dripping Down into BTC

Bitcoin is back to trading around $9,500 after experiencing volatility earlier this week and last week before that. Bitcoin’s losses and gains have been in line with the US stock market which also posted gains on the hopes that the decision by the Federal Reserve to buy corporate bonds would propel a V-shaped recovery. The […] дальше »

2020-6-17 15:37


Bitcoin Pops Up on More QE But No Reason to be Overly Bullish Yet

After falling below $9,000, Bitcoin is back to hovering around $9,500. The leading cryptocurrency has been trading in this range since early May and continues still but on low volume. The Commitment of Traders (COT) report doesn’t paint a good picture with CME Dealers net short, the bias actually increased by 35% last week, the […] дальше »

2020-6-17 18:17


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Sea Change: 40% of Companies Now Have Blockchain In Production, 89% Say Digital Assets “Very or Somewhat” Important

There has been a profound change in attitudes and perceptions where at least some 1,500 senior executives around the globe are concerned. In its third series of the Global Blockchain... The post Sea Change: 40% of Companies Now Have Blockchain In Production, 89% Say Digital Assets “Very or Somewhat” Important appeared first on Trustnodes. дальше »

2020-6-17 17:35


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Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years

The number of so-called whales with 1,000 bitcoin or more in their wallets has climbed to 1,882 from around 1,650 in January. It is the highest the numbers have reached in nearly three years. Whales may be defined as the Bitcoin ( BTC) community’s own version of the ‘deep state’, with the ability to swing […] The post Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years appeared first on Bitcoin News. дальше »

2020-6-17 17:01