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Liquidity Difficulties in China: Second Bank Bail-Out Now Reality


Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...

US Capital Global commits $10 million to NYCQ Fund LP


The private financial group founded in San Francisco, US Capital Global, is trying its hands in cryptocurrency and blockchain industry.  As per the report surfaced on Monday, the FINRA licensed company will be placing $10 million accredited funds for equity stakes in NYCQ Fund LP. CityBlock Capital...

Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms


Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty...

What a Possible Global Recession Could Mean for Crypto


Emerging in the wake of the 2008 financial crisis, Bitcoin was conceived by 'Satoshi Nakamoto' and its early converts as a means of placing international finance on a more objective and incorruptible footing, one which couldn't be adulterated by self-serving banks or governments. Fast forward...

How Government Agencies Make Criminals of Crypto Traders


A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face...

Deutsche Bank Collapse Could Crash Global Financial Markets


German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...

Neo Joins Hands with Ontology to Develop an Open Global Cross-chain Platform


According to the official announcement, Neo has joined hands with Ontology to build the roots of the next-generation Internet. Both these Chinese blockchain platforms have collaborated to form an open international cross-chain platform. Apart from releasing official blog posts on their respective...

PR: Cred and Bitcoin.com Join Forces to Boost Crypto Lending


By John Yearwood Cred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and Cred allows Bitcoin.com...

PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market


Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM. The post...

Singapore Builds Global Crypto Hub, Says Head of Binance Singapore


Recent steps by Singaporean authorities prove their plan to make this island city-state “a global hub for both cryptocurrency trading and blockchain innovation,” David Kao, Head of Binance Singapore, told Cryptonews.com, as the third trading platform of major crypto exchange Binance publicly...

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