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Bitcoin vs Ethereum: BTC and ETH Resume Price Recovery After a Plunge


Since 18th July, Bitcoin is giving bullish results when it comes to its price trend. The coin had reclaimed its price position above $10,000 and the coin even went above $10,500. On 20th July, BTC even went above $11,000 and then corrected near $10,767.14 closing the price on 21st July.  Bitcoin...

Crypto Bullishness Spreads on Capitol Hill


U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...

Binance Jersey Gets Proprietary GBP-Backed Stablecoin Listed on Its Exchange


According to latest reports, Binance Jersey has announced the listing of a new stablecoin which is backed by GBP (British Pounds) on its exchange platform on 19th July 2019. The stablecoin is termed as BGBP, short for Binance GBP stablecoin. As per the announcement, Binance GBP has been introduced...

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra


G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...

Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity


Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read:...

Bitcoin is Declared as Legal Virtual Property by Chinese Court


Bitcoin (BTC) has now been declared as a legally recognized virtual property by a Chinese court. As per the Hangzhou Internet Court ruling, Bitcoin has the characteristics to be regarded as a virtual property and thus owning Bitcoin will be legal in China. The court also said that the digital...

Indian Government Breaks Silence on Crypto Regulation


The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...

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