Bitcoin trader sees 2 months to all-time high as China cuts key rates
Bitcoin adds a Chinese rate cut to its existing bag of bullish BTC price events as bulls stare down final resistance.
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How bot trading influences the crypto market, explained
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Blockchain and crypto can be a boon for tracking financial crimes
Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a tool for miscreants and criminals.Several crypto platforms and decentralized finance (DeFi) protocols have been…
Decentralized identity can bring the analog world into the digital one
It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust identity management solutions are key to effectively securing data and processes. But what…
Exchange listings and mainnet launch boost SUPER, PBR and BTT price
The cryptocurrency market is back in high spirits today after the wider market bounced back from the Dec. 3 downturn in Bitcoin (BTC) price. Currently, bulls are aiming to send BTC price above the $52,000 support/resistance level and Ether (ETH) is trying to reclaim $4,400 but both assets are encountering push back at overhead resistance. Even with…
Why is Ethereum (ETH) price down today?
Ether price is down today after enduring a 9% decline in three days, and data suggests that the altcoin is poised for further downside.
EU officials considered Bitcoin trading ban to enforce proposed mining ban
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. 1250 Total views 8 Total shares European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information…
90% of Bitcoin Usage is Speculation — 10% Transactions, Says Luno CEO
Marcus Swanepoel, CEO of cryptocurrency exchange Luno, says that most of its users use Bitcoin (BTC) as an instrument for investing and speculating. Transacting, however, comprises a small share of the cryptocurrency’s use cases, he explains. Bitcoin usage: 90% digital gold, 10% digital cashSwanepoel said during an interview with CNBC published on Aug. 26, that only…
China’s CBDC Project to Collaborate With More Domestic Enterprises
A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project. 620 Total views 11 Total shares Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and a video sharing site both joined the CBDC project,…