Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell

The previous days' trips above the $21,000 mark could be Bitcoin's last for the time being, fresh analysis concludes. 931 Total views 15 Total shares Bitcoin (BTC) continued consolidating into the Oct. 30 weekly close as concerns over a deeper retracement became vocal.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader avoids new longs below $21,000Data from…

In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. The United States’ hawkish move has been reflected in a new all-time-high for peer-to-peer trading volume on LocalBitcoins in the country.Trump takes on the ‘usurper’As the Associated Press (AP) reported on August 5, the U.S. administration’s action took…

Bank charter approvals have fallen since 2008, but crypto companies see opportunity under the welcoming new administration. Cryptocurrency and fintech companies are increasingly seeking bank charters in an attempt to grow their businesses under the Trump administration, according to a report from Reuters, which talked to more than half a dozen industry executives. The moves

Donald Trump still has a slight lead on the betting platform, but Harris is closing in.

Chicago-based crypto exchange ErisX has filed a comment letter with the United States Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on Ethereum (ETH)’s mechanics and market.The letter, submitted on Feb. 15, sets forth the exchange’s belief that “the introduction of a regulated futures contract on Ether would have a…

Research from JPMorgan Chase explores the potential of deposit tokens as a stabilizing force in the digital money landscape. 414 Total views 4 Total shares Own this piece of history Collect this article as an NFTJPMorgan Chase and consultants Oliver Wyman took a look at blockchain technology in commercial banking in a report released Feb.…

Former AAX executive Ben Caselin said that his role in the firm became hollow and that the trust in the brand is broken. 1242 Total views 12 Total shares Weeks after the AAX exchange started halting its withdrawals, its vice president for global marketing and communications announced that he has resigned from his role at…

More than half of the survey respondents favored the controversial crypto tax law in South Korea. 2299 Total views 20 Total shares An opinion poll conducted by South Korean television station YTN has shown significant support for the planned cryptocurrency tax regime in the country.According to a report by The Korea Herald, 53.7% of the…