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Indian Government Updates Parliament on Crypto Plans


The Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament. Also read:...

This is How Bitcoin Met its First Fed Rate Cut


Source: iStock/Toshe_O The first interest cut by the Federal Reserve (Fed), the U.S. central bank, in Bitcoin’s history was a bit more complex than the market estimated and opinions still vary on the impact of this event. As many expected, yesterday, the Fed indeed cut its main interest rate...

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...

PR: Bitpunter Launches Transaction Mining for Online Gaming


The recent advent of transaction mining as a business model has taken the cryptocurrency world by storm, with transaction fee mining exchanges such as BitMax and FCoin overtaking other long-serving exchange powerhouses in a short span of time. The post PR: Bitpunter Launches Transaction Mining...

Bitcoin and Altcoins Probing Key Resistances After Recovery


In the past few sessions, there was a steady recovery in bitcoin and altcoins. BTC/USD broke a few important resistances near the USD 9,800 and USD 10,000 levels. However, the price struggled to surpass the next key resistance region near the USD 10,150 and USD 10,200 levels. Similarly, there...

Ripple vs Bitcoin: XRP May Take More Time to Fetch a Jump Like BTC


Bitcoin has grown by a good margin in the last 24 hours, whereas Ripple is down by 0.26%. By the end of 2019, Bitcoin and Ripple may trade around 15,000 USD to 20,000 USD and 0.7 USD respectively. Bitcoin and Ripple are two of the most tracked coin of the current times. Bitcoin (BTC)...

New Bitcoin Cash Specs Propose Heightened Privacy and Double-Spend Proofs


Bitcoin Cash (BCH) development continues as software engineers have revealed two distinct concepts that aim to boost the BCH network. Bitcoin Cash developer Tom Zander has announced new documentation concerning the vision of a double-spend proofs, which now exists as a pull request to...

PR: EO Coin Volume Surges on July Listings


EO coin showed bullish sentiment this July on the back of numerous new pairs being listed on EO.Trade exchange, including; ETC/EO and NEO/EO. Detailed statistics show EO coin surged from 70 satoshi’s to 315 following the ETC/EO listing on July 11th, before the NEO/EO listing which took place...

Bitcoin Might be Tested by the First Fed Rate Cut Today


An eagle carved in stone on the Federal Reserve building in Washington, D.C. With Bitcoin about to experience the first interest cut by the Federal Reserve [the central bank in the U.S.] in its history today, some traders are watching closely for clues on how the bitcoin price might...

US Lawmakers Begin to Realize that They Cannot Ban Bitcoin


Ever since its inception, Bitcoin (BTC) has divided the people into its supporters and opponents. In fact, there are many out there who want it to be completely banned, especially the regulators and the critics of the cryptocurrency. But is it practically possible to impose a ban on Bitcoin?...

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