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Tether’s new yuan-based stablecoin is the newest addition in circumventing regulations

Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country. дальше »

2019-9-10 22:15


Bitcoin Price Retraces 6% in Spiralling Weekend Dump

The bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar. Previously, when the bitcoin price initially made its way to $10,900, a level that has been considered to be a heavy line of resistance since early August, some technical analysts expected […] The post Bitcoin Price Retraces 6% in Spiralling Weekend Dump appeared first on CCN.com дальше »

2019-9-9 16:07


Bank Of England Chief Asks Community To Embrace A Centralized Crypto Asset To Replace The Dollar

First, they dismiss and laugh at you, then they criticize you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that rather than […] дальше »

2019-9-7 03:34


U.S dollar, Yuan, Euros need cryptos for easy translation of value, claims Ripple’s Chris Larsen

When the concept of virtual assets surfaced a decade back, the potential of ‘Internet of Value’ seemed ready to being unleashed. Originating back in 1982, Internet of Value translates to an online medium where users can transfer any form of value [monetary or social] across the network, while discarding the need for middlemen and basically […] The post U. дальше »

2019-9-6 15:30


People will exchange (unbacked) USDT for the value of a dollar, claims Tether co-founder William Quigley

Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial. дальше »

2019-9-6 23:30


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Will The Next World Reserve Currency Be a Crypto?

The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back into history, there have been several world reserve currencies throughout the centuries. дальше »

2019-9-4 19:00


Dollar cost averaging: an investment strategy for the HODLer

In 2018, the Dutch Bank ING conducted a survey on which about 15,000 respondents across Europe, North America, and Australia provided insights into their thoughts on cryptocurrencies. In Europe, 66% of respondents have heard about cryptocurrency, 9% of respondents owned some crypto, and 25% of respondents planned to own some crypto on the future. дальше »

2019-9-4 11:47