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Federal Reserve Chairman Jerome Powell Has Compared BTC To Gold
12.7.2019
There is no doubt Bitcoin has gained popularity in the masses but the recent statement from Jerome Powell, Chairman of the Federal Reserve, has left the Bitcoin community thoroughly pleased. Powell has stated that Bitcoin is largely being utilized as a trusted alternative to the popular metal Gold....
Iran’s Crypto Mining Is Under The US Radar
8.7.2019
The troubled relationship between the US and Iran has now spilled over to the cryptocurrency sector. After slamming sanctions on a number of petroleum, technology, and industry products of Iran, the US is now working to come up with the legislation that will ban Iran’s access to mine...
IRS All Set To Update Its Guidance On Bitcoin In Following Weeks, States Report
8.7.2019
The Internal Revenue Service (IRS) of the United States is soon going to update its current guidance (2014) on digital currencies in the following weeks, as per the reports published by the Wall Street Journal. The move has been taken following the request from 20 lawmakers of the bipartisan group...
David Marcus Busts Misunderstandings By US Regulators, Promises Testify Before The Senate
7.7.2019
Facebook’s much-awaited cryptocurrency Libra made the entire world to sit down, and take notice. Well, it doesn’t happen every day that a social networking company with over a 2 billion strong user base launches its own currency. Soon after Libra’s launch, regulators globally, and more...
US Posts The Most On BTC And Facebook’s Crypto Libra, Finds Twitter Study
5.7.2019
According to the new research, the United States has emerged as a leader when it comes to tweeting about digital currencies Bitcoin as well as Facebook’s soon-to-be-released crypto Libra. The study has been published in a series of tweets by The Tie, a powerful platform for crypto traders based...
French Fintech Startup Joko Raises 1.6 M Euros To Help Users With Credit Card Rewards
4.7.2019
Over the last five years, Fintech has grown into one of the hottest industries in the world and has grown by leaps and bounds across many countries. While the United States, United Kingdom, and China remain the leading lights of the new Fintech charge, other parts of Europe have also become active...
Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion
4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...
NEM Blockchain Technology And Its Uses In E-commerce Sector, To Improve Productivity And Sustainability In Malaysian Business
30.6.2019
E-commerce business is one of the essential parts of a nation’s agenda for the digital economy. The Malaysian government perceived the significance of eCommerce to the nation’s economy dependent on two significant reasons. Firstly, eCommerce guarantees existing Malaysian organizations...
Bitcoin’s (BTC) Rise Could Damage The Control Of The United States Over World Currency Reserves
28.6.2019
The world prior to pre and post World War II has been quite contrasting, especially in terms of global leadership. For almost two centuries, the Europeans dominated world politics, but the end of the second Great War marked the rise of the United States of America, who continues its dominance...
Local Chinese Startups Leave IBM And Oracle In The Dust
25.6.2019
The trade war between the United States and China is expected to continue for the foreseeable future and it has had far-reaching effects across a range of industries so far. One of the most interesting developments in that regard is the way in which local Chinese tech startups have now managed...
Cryptocurrency And The United States, The Troubled Marriage (Part II – Political Reasons)
25.6.2019
Cryptocurrencies are a big threat to the US in economic terms. However, they also pose a political threat to the global leadership of the United States. The United Stated is undisputedly the leader of global politics and is politically involved with every country in the world. While most are...
FedEx Apologises After It Returned Huawei Phone Package And Draws Chinese Criticism
24.6.2019
The trade war between the United States and China has been one of the most damaging and problematic global issues of recent times, and currently, there is no end in sight to the skirmish. However, the crackdown of the United States authorities on Chinese tech giant Huawei and the eventual...
Is US Regulatory Uncertainty At Risk of Killing Crypto Innovation?
24.6.2019
The US culture of entrepreneurship and innovation is almost unparalleled. Over the past decades, it’s generated a technological revolution comprising dozens of multi-billion dollar companies including Microsoft, Google, Amazon, Facebook, SAP, and many more. However, the growth in popularity...
Facebook Holds Talk With Banks For Libra Association
21.6.2019
While introducing a new payment system or currency that is meant for replacing the old one, banks play the most vital role that cannot be replaced by any other institution. Previously Facebook had partnered with MasterCard, PayPal, and Visa the most robust payment networks, but it had missed...
Facebook’s Libra Faces Strong Hostility From US Regulators, Though Europe Has Opened Arms
21.6.2019
Facebook’s much-awaited cryptocurrency Libra had launched just a couple of days ago, and within these 2-3 days, the world is all gaga over it. It has managed to get every person who knows about cryptocurrencies, talking about it. However, regulators around the globe seem to be at a tussle with...
Bitcoin Surpasses Russian Monetary Base To Become The World’s Eighth Largest Currency
20.6.2019
Bitcoin is now the world’s largest currency in terms of market capitalization. It is now bigger than Russia, Canada, Australia, South Korea, Norway, and many developed countries. Bitcoin currently has a market cap of over $162 billion at the present prices. However, by the end of this year,...
Facebook’s Crypto Project Scheduled For Hearing By US Senate Banking Committee
20.6.2019
The united states Senate for banking has declared that they will hear the testimony on Facebook’s most speculated Libra coin on July 16th. The news surfaced on June 18th on an economic news website. It was previously reported that Facebook is working on to create a global cryptocurrency called...
Facebook’s Libra Faces Immediate Political Hostility From Europe And the United States
19.6.2019
Facebook unveiled its much-awaited cryptocurrency Libra, along with its governing body, Libra Foundation. Though there was great excitement among crypto enthusiasts, tech geeks, politicians, and regulators around the western world. While some have called for strict regulations, others have called...
Binance Collaborates with BAM For Launching a Dedicated US Exchange
14.6.2019
Binance, the biggest digital currency exchange in the world in terms of trading volume, has announced a partnership with BAM Trading Services Inc. Both the companies have come together to launch a cryptocurrency exchange for the United States, referred to as Binance.US. The leading crypto exchange...
Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil
6.6.2019
Microsoft has registered a suite of apps using blockchain, IoT and AI to improve agricultural sector efficiency in Brazil