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Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket
17.4.2020
Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom.
And it seems that even though some leading companies have been going to great pains to distance...
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
Automated Platform Helps Everyday Users Invest like the Pros
16.4.2020
Everyday users can now profit from automated digital asset trading funds made by trading professionals, thanks to crypto startup Mudrex's new platform
Digital Dollar Project: Don’t Rush Digital Dollar During COVID-19 Crisis
16.4.2020
The ex-chairman of the CFTC says a digital dollar should be a priority for the U.S. But he cautions against expediting the initiative during the pandemic
Libra vs. DCEP? The Battle for the Future of Money Heats Up
16.4.2020
NLW breaks down libra’s new fiat-pegged model, DCEP’s trial app and China’s Blockchain Service Network
In US Congress, New Bill Demands ‘Digital Dollars’ by January for Monthly COVID-19 Aid
16.4.2020
“Digital Dollar” returns to US Congress in newly introduced legislation demanding monthly $2,000 payments to citizens for at least the next year
‘Digital Dollar’ Reintroduced by US Lawmakers in Latest Stimulus Bill
16.4.2020
The idea of a digital dollar was again floated by U.S. lawmakers as a means of issuing stimulus payments to residents
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR
16.4.2020
Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users...
Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports
16.4.2020
Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May.
Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...
Privacy-Focused Digital Assets Surged in 2019
15.4.2020
In a quarterly report from eToro, digital assets like ZEC and XMR surged in 2019, while BTC saw a stronger correlation with gold in 2020
Morgan Creek Invests in Startup Bringing Bitcoin to DeFI
15.4.2020
Anthony Pompliano's investment firm has joined a seed round for Atomic Loans, a startup looking to create bitcoin-backed lending instruments
China’s Digital Yuan Reportedly to Test in Four Cities
15.4.2020
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities
Are these the First Images of China’s Digital Yuan?
15.4.2020
Social media users believe they have captured screenshots of a beta version of China’s much-awaited central bank digital currency (CBDC).
WeChat users are believed to have gained access to the screenshots on Tuesday this week. Images have since been shared to Twitter in a series of tweets from...
Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
15.4.2020
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so
Inside China’s Plan to Power Global Blockchain Adoption
14.4.2020
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy
Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency
14.4.2020
The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...