Cryptocurrency

Digital dollar not derivative of fiat; will be backed like legal tender

Back in October 2019, when J. Christopher Giancarlo, former CFTC Chairman, wrote an op-ed for the Wall Street Journal that proposed blockchain-based digital cash to tackle the issue of the declining U.S dollar, it garnered a lot of attention. Today, the global financial space is no longer new to the idea of a CBDC, with...
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Another One Bites The Dust: SEC Brings Charges Against Another ICO

The Securities and Exchange Commission (SEC) of the US is tightening the noose around initial exchange offerings (ICOs). In yet another step against them, the Commission has brought charges against one more allegedly fraudulent ICO of unregistered digital asset securities. The SEC Is Getting Serious About ICOs The SEC has pressed charges against defendants Sergii...
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How Can You Earn Free Bitcoins On Moon Bitcoin?

Everyone is keen to know the secret of earning a good income and how to increase what they already have. That is why even the richest people across the globe continue investing and finding new tricks to make more money. At present, the bitcoin craze hit the industry a while back when people discovered the...
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Bitcoin Profit Review – Automated Trading Software

Bitcoin Profit is an exceptional cryptocurrency trading tool that has assisted many people in making passive income and maintaining financial stability. Traders have been able to boost their earnings from trading with the Bitcoin Profit tool. Also, this excellent platform was designed by experts who have, in the past, created alternative cryptocurrency trading platforms. Bitcoin...
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Circle CEO draws YouTube-associated analogy to tackle cryptocurrency issues

The World Economic Forum in Davos, Switzerland is underway right now and some of the most prominent personalities in the world would be gathering at the event over the next three days, including many from the digital assets industry. Jeremy Allaire, Co-Founder of Circle, is one of them, with Allaire taking the podium on the...
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Cryptocurrencies need to be ‘very reminiscent of Bitcoin:’ Samson Mow

The world’s largest cryptocurrency, Bitcoin, is undoubtedly the most successful coin, seeing immense adoption and growth over the past few years. The cryptocurrency not only paved the way for an electronic cash system, which does not rely on a 3rd party, but also led to the creation of several other cryptocurrencies/technologies and several other industries...
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Bitcoin’s ethos is to let the market decide: Samson Mow

Bitcoin aka digital gold recently marked the successful completion of a decade of existence. Over the years, the coin has seen several developments and changes, wherein if the community did not agree with the changes or wanted a particular change that did not have a majority vote, they had the liberty to fork the chain....
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Cardano Price Analysis: ADA Sets Eyes $0.064, Has To Overcome Tough Resistance First

Today, Cardano is up by 8% after regaining momentum from $0.042. ADA is revamping bullish setups but immediate resistance is posing threat to buyers. Cardano is currently trading around key price areas against Bitcoin and US Dollar. ADA/USD:  Cardano Targets $0.064 But Facing Tough Resistance At The Moment Key Support Levels: $0.0415, $0.0355 Key Resistance...
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CBDCs could be key to a broad-based blockchain payments system

Facebook’s unveiling of its plan to launch a digital currency dubbed Libra has not only drawn the attention of regulators worldwide, but it has also initiated talks about central backed digital currencies, with China currently leading the race. With the country extensively pushing forth the growth of its blockchain ecosystem, it is still unclear when...
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Ex-CFTC Chair: Cryptocurrencies Could Have Mitigated The 2008 Global Financial Crisis

As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo.  Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies.  The ex-chairman of the United States’ Commodity Futures Trading Commission...
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Bitcoin, altcoin Futures contracts worth $3 trillion traded in 2019

TokenInsight, a noted data-analytics platform, has released its latest report on derivatives trading markets, with the same analyzing trading activities surrounding Bitcoin and other cryptocurrency Futures contracts in 2019. TokenInsight studied Bitcoin and altcoin Futures trading volumes from nine different exchanges, including the likes of Bybit, Binance, Deribit, and FTX, collecting data for between 1...
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At Davos: Billionaire Ray Dalio Says Bitcoin Fails The Purposes Of Money

One of the most prominent traditional investors, Ray Dalio, recently said that Bitcoin (still) fails to serve the purpose of money. However, he also holds that people should look for alternatives of cash as governments can print out as much as they want, which ultimately depreciates its value. Bitcoin’s Volatility Holds It Back Raymond (Ray)...
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10 Random Items You Didn’t Know Cryptocurrency Could Buy

Cryptocurrency is a form of currency, but instead of having a physical form, such as cash or a debit card, it exists as an internet-based medium and uses cryptographic functions to conduct a transaction. Bitcoin started the wave of cryptocurrency back in 2009. Since then, it has become an attractive investment for people around the...
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Bitcoin Is Not Banned, The Reserve Bank Of India Clarifies

As a response to a legal case filed by the Internet and Mobile Association of India (IAMAI), the Reserve Bank of India (RBI) has now clarified that Bitcoin is not banned in the country. The nation’s central bank says that it has only restricted regulated financial establishments from dealing with anyone using digital assets. RBI...
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Major Central Banks Announce Cooperation On Efforts Regarding Cryptocurrencies

Some major central banks, including that of Britain, Japan, and Sweden, have reportedly come together on cooperation towards cryptocurrencies. The organizations will share their experience in a dedicated group. Major Banks Come Together To Work On Cryptocurrencies Major central banks are stepping up on the matter of cryptocurrencies. According to a Reuters report, the banks...
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The Best Cryptocurrency Exchange: A List of Top Trading Platforms in 2020

A cryptocurrency exchange is a specific platform where users are able to sell or buy cryptos for other cryptos or fiat currencies. Since the crypto boom, the number of crypto exchanges has greatly increased, and many are wondering what platform is best suited for them. To make things easier for you, we have compiled a...
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Binance’s 10th BNB burn marks fourth consecutive quarter of growth

Binance has not only emerged as a major player in the cryptocurrency world, but its native coin, Binance coin [BNB], has also created ripples after it completed its 10th quarterly burn. According to Binance’s blog, the burn amounted to 2,2116,888 BNB [38.8 million], which represented 1.1% of the total supply. The $2 million increase from...
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Binance Completes 10th BNB Burn: Profits Almost As Much As In 2017 Bull Run

Leading cryptocurrency exchange Binance has completed its Q4 2019 burn of the Binance coin (BNB). It was the 10th quarterly token burn the exchange has done since the launch of the BNB in July 2017.  The event, which took place during the weekend, saw a total of 2.2 million BNB worth more than $38 million...
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Enjin Coin Price Prediction: Will The ENJ Reach $0.2 By The End Of 2020?

Enjin Coin Price Prediction QUICK NAVIGATION : The future of money is changing. The dawn of digital technology has brought a new way of accepting payments without real money transactions or the need to negotiate with the bank. This future of banking is made possible only because of cryptocurrencies. And so if you’re a newbie...
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CHAIN2020 Becomes the Largest Blockchain Educational Event Ever

This week the major event in the blockchain industry CHAIN2020 brought together more than 15 000 guests and world-renowned speakers in Hong Kong with a shared mission to accelerate blockchain adoption in the world and, particularly, in the Asian region. These are record figures for an event of this level, as usually, the audience of...
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Bitcoin Price Analysis: The Calm Before The Storm? BTC’s Trying To Maintain The Crucial Support Line

Over the past two days, we had seen the price of Bitcoin trading mainly under a very tight range between $8600 and $8700. As a reminder of the recent price action, Bitcoin had gone through a decent rally since starting the new decade. However, right after touching the significant 200-days moving average line (marked light...
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Tezos Price Prediction-How Much Will XTZ Reach in 2020?

In the crypto ecosystem, there is no such thing as a stable ground, we come across roller coaster ride in the crypto space. Agree? As we are aware of the ups and downs in the crypto market, the price fluctuations still continue further. Are you thinking to invest in Tezos? Let’s take a sneak peek...
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Australian’s Bank Regulator APRA Considers Overseeing Facebook’s Calibra

The Australian Prudential Regulation Authority (APRA) has reportedly submitted a framework to oversee digital wallets holding large amounts of value. If approved, it would also include Facebook’s controversial stablecoin, Libra, and its digital wallet – Calibra. APRA To Oversee Calibra? Upon its announcement, Facebook’s Libra quickly attracted the attention of watchdogs. The social media mogul...
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Bitcoin Options on CME report 610 BTC trading in one day

Bitcoin‘s journey this new year has left everyone on the edge of their seats. The coin has jumped by almost 17% but was noting an impending correction, at press time. Despite the crests and troughs in the market, CME‘s first week reported strong data. It has been just one week since the Chicago Mercantile Exchange...
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Bitcoin will be priced a lot higher by 2020-end: BlockFi’s Zac Prince

Bitcoin, the world’s largest cryptocurrency, has a crucial 2020 to look forward to, with one of the most important events lined up for May – block reward halving. Many investors and traders are expecting the price of the cryptocurrency to record massive recovery, with some expecting it to break its previous all-time high on the...
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Cardano’s Hoskinson claims model for smart contracts is broken

In a recent interview, CEO of IOHK and Cardano founder, Charles Hoskinson, spoke about proof-of-stake systems, Ethereum smart contracts, and IOHK‘s goals for 2020. According to Hoskinson, there is a large group of people in the cryptocurrency space who either believe PoS is a Ponzi scheme or that Cardano’s particular flavor of it is flawed....
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Tezos Price Analysis: XTZ Surging 8%, But Bearish Head and Shoulders Pattern Could End The Party?

Tezos is resurging as the bearish head-and-pattern may invalidate. Tezos is following the same bullish pattern against Bitcoin and the US Dollar. XTZ is now relying on immediate support to face bullish in the long-term. XTZ/USD: Bullish Pattern Still Shaky as XTZ Forms Inverse H&S Pattern Key Support Levels: $1.24, $1.08 Key Resistance Levels: $1.55,...
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Ethereum not very interoperable with legacy systems: Cardano’s Hoskinson

“The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data,” said Charles Hoskinson, CEO of IOHK and Founder of Cardano, in a recent interview. During the same, Hoskinson spoke at length about Bitcoin, blockchain security, Ethereum, and about creating a global social operating system. According to Hoskinson,...
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UK’s Tax Authority To Leverage Blockchain To Track Bitcoin Transactions

UK’s Revenue and Customs agency is ready to invest up to $130,000 towards the development and implementation of a new “cryptoanalysis” tool.  According to a recent report, the United Kingdom’s tax authority, HM Revenue and Customs (HMRC) is looking for, “vendors to showcase their capabilities by demonstrating their expertise in the field of crypto-asset tracing.”...
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Ripple Price Analysis: XRP Finds Support At $0.23 But Slips Against Bitcoin

Despite moving in the opposite direction, Ripple’s XRP maintains channel pattern across its trading pairs. XRP is bullish against the US Dollar but waiting to make or break the channel. Against Bitcoin, XRP is losing momentum as the 2512SAT level is under bearish threat. XRP/USD: XRP Finds Slight Support At $0.23, Can This Level Hold?...
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