China tightens crypto trade oversight with new forex rules

As blockchain adoption continues to garner mainstream traction across the private sector, an increasing number of government agencies are too looking to explore the potential of the technology. For example, the United States Food and Drug Administration recently released an elaborate blueprint as to how it plans to deploy blockchain for food safety-related purposes.According to…

Bitcoin (BTC) surged to a new all-time high over the weekend, but what’s in store as a new week begins?With $24,000 still in play, Cointelegraph takes a look at five factors influencing BTC price action over the coming days.Coronavirus stimulus deal includes $600 direct paymentsA sigh of relief from the United States as Congress was…

Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. 337 Total views 15 Total shares Matter Labs, the developer behind the Ethereum Virtual Machine (EVM)-compatible zkSync, has received major industry backing as it pledges to fully open source its platform — marking the first such initiative…

Hashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech. 41 Total views 1 Total shares BITH11, a new exchange-traded fund (ETF) launched in Brazil by crypto-focused alternative investment firm Hashdex Asset Management, claims to be the country’s first “green” Bitcoin ETF.The fund…

On Nov. 6, Ether (ETH) price rose to $447 on Binance as Bitcoin (BTC) price pulled back to the $15,500 level after losing steam around $15,900. Based on Ether's strong momentum, traders anticipate a broader rally to emerge in the near term.There are three potential reasons why Ether could see a large uptrend in the…

Bitcoin breaks $7,000 again, with most of the top 20 cryptocurrencies reporting moderate gains. 1045 Total views 29 Total shares Wednesday, April 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time. This mid-week rise comes after Bitcoin (BTC) broke the $7,000 mark for the third time…

Traditional markets continue to post almost daily losses while Bitcoin price has been relatively range bound for the past week. At the risk of sounding repetitive, traders have to continue to focus on the events that are driving the various asset classes. The Coronavirus cases in Europe are not showing signs of flattening out and…

The United States is the world’s leader in blockchain-related jobs, according to a research by The NextWeb (TNW) published on March 8.To prepare the report, TNW gathered information from job and recruiting site Glassdoor, finding all the job offerings that had the term “blockchain” in the job listing in countries around the world.The results reportedly…