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“Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutions

A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee. дальше »

2019-7-16 18:38


Keiser: $100,000 BTC as Trump’s Anti-Bitcoin Tweet to Drive US-Skeptic Nations to Crypto

Popular cryptocurrency proponent and news presenter Max Keiser has responded to President Trump’s anti-Bitcoin outburst yesterday. The long-term Bitcoin bull believes that a United States opposed to Bitcoin is an advertisement to nations wanting to distance themselves economically from the nation to adopt the digital asset. дальше »

2019-7-13 00:00


Bitmex CEO: Libra Will Destroy Traditional Commercial Banks And PayPal Is Screwed Anyway

Reactions have continued to trail Facebook’s official announcement of its own digital asset called the Libra and its governing body, The Libra Association. Since the announcement was made and its whitepaper released, reactions have been mostly mixed with some applauding the move as a huge win for the cryptocurrency sector because a giant player like […] дальше »

2019-7-11 17:24


Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair

You’ve been blocked? Less than a month after being formally unveiled, Facebook’s cryptocurrency project has run into its biggest roadblock. Jerome Powell, the Chair of the United States Federal Reserve stated that Libra ‘cannot go forward,’ until serious concerns regarding its working are addressed by the social media giant. дальше »

2019-7-11 10:00


Coinbase to launch regulated insurance firm in partnership with Aon

Coinbase, one of the largest cryptocurrency exchanges in the U. S. , is reportedly exploring plans to set up its own insurance company. Sources close to the matter revealed that the company was seeking the help of Aon, a London-based insurance broker giant, to fight the lack of insurance options available to crypto exchanges. дальше »

2019-7-11 23:49


Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion

Gaming giant Nintendo has announced that it is moving part of the production capacity for its Switch console from China to Vietnam. In a statement quoted by USA TODAY, the company revealed that while the bulk of production will remain in China, starting this summer, some of the consoles will be built in Vietnam as […] The post Nintendo Hightails Some Production Out of China, Debunks Tariff Assertion appeared first on CCN Markets дальше »

2019-7-10 03:15


Facebook’s Libra Is The Push Behind China’s Latest Move To Develop Its Own Digital Currency

Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems. дальше »

2019-7-10 18:37


Экс-глава Bitmain запустил платформу для внебиржевой торговли

Бывший CEO крупнейшего производителя оборудования для майнинга Bitmain Джихан Ву запустил новый проект Matrixport — платформу для внебиржевой торговли. Об этом пишет Bloomberg. Bitmain co-founder Wu Jihan has marshaled a group of the mining giant’s former employees to launch a new cryptocurrency financial services startup https://t. дальше »

2019-7-9 15:03


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Bitcoin Price ‘Will Hit $30K’ In 2019 Bull Cycle: Mark Yusko

Bitcoin price will hit $30,000 this bull cycle and continue to a giant $100,000 in just two years, the founder of asset manager Morgan Creek has said.   $100k BTC Coming in 2021 Speaking in an interview with CNBC, Mark Yusko, founder, CEO and chief investment officer of Morgan Creek Capital Management, delivered a fresh bullish outlook for the cryptocurrency, as the market price hit $12,800. дальше »

2019-7-9 15:00


Deutsche Bank’s Radical Pivot Ignites Stock Implosion

German multinational investment giant Deutsche Bank‘s stock plunged nearly 6 percent today after news emerged of a dramatic cost-cutting drive that could eliminate 18,000 jobs. Deutsche Bank Stock Slides Nearly 6% On Sunday, the bank announced its exit from the equities sales and trading business, revealing that it plans to overhaul its operations and return […] The post Deutsche Bank’s Radical Pivot Ignites Stock Implosion appeared first on CCN Markets дальше »

2019-7-9 20:07


Latin American Taringa! Social Network To Add Dai Stablecoin On Its Platform of 27 Million Users

In a previous article we discussed the increasing movement of social media juggernauts towards blockchain technology including Twitter and recently Facebook too. During the weekend a social media giant in South America, Taringa! – Facebook-esque network – announced their plans to introduce cryptocurrencies on their platform in a bid to reinvent itself. The announcement was […] дальше »

2019-7-8 16:48