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Nalezeno "r/Bitcoin": 62882

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions


The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...

Crypto Brokerage Bitcoin Suisse Hopes Banking License Will Boost its IPO Bid


Swiss crypto financial services provider Bitcoin Suisse is planning to acquire a banking license in 2020 as part of its plans to build momentum for an initial public offering (IPO). The Zug-based company put in its license application in July last year, and is hoping to be given the regulatory...

Bitcoin Corrects Downwards Yet Remains an Ultimate Power


Bitcoin (BTC), at the time of writing this analysis, was seen correcting downwards from hitting the major resistance above $8,000 and $8,300. However, the current fall makes us believe the illusionary movement that the coin had over the past 2 days. However, a persistent break above $8,000 can only...

Bitcoin’s Safe Haven Status ‘Beta Tested’ Once Again


Source: iStock/Albert_Karimov In just one week, marked with increased political tension in the Middle East, bitcoin (BTC) moved following traditional safe haven assets such as gold on two occasions. Last week, BTC’s move up coincided with the news that Iranian general Qasem Soleimani was killed...

Kerala Outlines Plans to Become India’s Blockchain Hub


The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated, according to the state’s...

Bitcoin and Altcoins Turn South But Key Supports Intact


Bitcoin price struggled to continue above the USD 8,450 and USD 8,500 resistance levels. As a result, BTC/USD started a downside correction below the USD 8,350 and USD 8,200 support levels. The price even traded below USD 8,000, but it is holding the key USD 7,850 support (09:00 UTC). Similarly...

Is Bitcoin Mining hazardous to the Environment?


The enormous consumption of electrical energy in the mining of Bitcoin has been a burning issue of debates over the past few years. Bitcoin was invented in 2008 by Satoshi Nakamoto when the world was going through the dark cloud of the financial crisis. The financial catastrophe in 2007–2008...

Bitcoin History Part 23: The First BTC Escrow


Before the emergence of crypto exchanges and trustless multi-sig, early bitcoiners saw the need for an escrow service – a mediator to act as a go-between for strangers transacting online. Given the panoply of options now available, it is strange to think that escrow was once provided by a...

Federal Reserve Considers Creating a Separate Entity for Cash Injections


While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...

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