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Five Blockchain Use Cases Might Boost Global GDP by USD 1.76T - PwC


Driven by need for trust in digital world, blockchain technology is expected to boost global gross domestic product (GDP) by more than a trillion dollars, estimated professional services network PwC, and will do so through five major use cases. PwC's latest report, titled "Time for trust:...

Global Regulation Will Help Crypto Go Mainstream - Former Regulator


Gibraltar airport. More quality regulation, such as Gibraltar’s updated guidance on crypto companies, is beneficial for those companies, end users, and the whole crypto space, leading to increased adoption, according to Nathan Catania, Partner at Gibraltar-headquartered XReg Consulting, a group...

The UK Bans Crypto Derivatives


The crypto industry reacts to a big move from the United Kingdom's Financial Conduct Authority, which banned crypto derivatives

Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B


2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...

ECB Sends Another Confirmation of A ‘Global Currency War’


While China has already confirmed that its digital yuan aims to break “dollar dominance,” the Eurozone to start experimenting with a central bank digital currency (CBDC) this month in order to protect the Eurozone from other public or private digital currencies. The European Central Bank (ECB)...

Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range


The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash...

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