Bitcoin-Yuan Divergence Reached New Heights


Bitcoin-yuan divergence reached new heights, once again fueling speculations that Chinese are possibly seeking safety in the world's largest decentralized cryptocurrency. Bitcoin and yuan have been going to different directions for a while now, and their inverse correlation has reached a record...

Atletico De Madrid Partners with Chiliz to Improve Fan Engagement


Chiliz, a sports and blockchain entertainment company, has announced an upcoming partnership with Spanish soccer giant Atletico de Madrid, today. Atletico de Madrid became one of the first La Liga clubs or Spanish football clubs to join “Socios.” Which is the voting platform to primarily connect...

Despite Potential Economic Slowdown; Citi Goes Big on Credit Cards


When there is an economic slowdown, then the availability of credit dries up instantly and eventually, the government of the country’s central bank has to stimulate the economy through financial packages. Banks generally stop the tap as far as giving any kind of credit is concerned and eventually...

Malta Financial Services Authority Releases Three-Year Strategic Plan


The MFSA, short for Malta Financial Services Authority, has released its strategic plan for the next three years, from 2019-2021. The authorities officially published the plan today which highlights the supervising priorities, as well as primary areas, which the MFSA aims to concentrate on through...

Fred Wilson Withdraws Ethereum Support, Lauds Libra and Bitcoin


Fred Wilson, a renowned venture capitalist, American businessman, and co-founder of Union Square Ventures, has withdrawn his support for Ethereum. Wilson has been a strong ETH supporter for a long time, but his recent remarks on his blog seemingly point towards his increased disappointment with...

Tether Announces Its Future Plans to Launch Two New Stablecoins for Users


Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...

Alibaba Acquires NetEase for $2 Billion as Luxury Push Gathers Pace


The e-commerce industry in China has grown at a truly remarkable pace over the last decade and the company that has decisively emerged as the biggest player in the industry is Alibaba. It is one of the biggest e-commerce companies in the world and due to the sheer size of the Chinese market,...

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