Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’
Mainland China has repeatedly banned certain activities related to Bitcoin, but it has somehow still remained a major player in activities like Bitcoin mining.
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Investment bank TD Cowen shuts crypto unit a year after opening
Days after Digital Currency Group's TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit's closure. 138 Total views 1 Total shares Just over a year after launching its crypto unit, American independent investment bank TD Cowen has announced the shutdown of Cowen Digital, though it has not provided a…

McAfee faces crypto-related fraud charges from NY court
Meanwhile, the anti-virus mogul is still imprisoned in Spain. 1956 Total views 6 Total shares Crypto advocate and internet security pioneer John McAfee faces a number of different criminal charges, based on a new statement from the United States Department of Justice, or DoJ. The department accused McAfee of “conspiracy to commit commodities and securities fraud,…

Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’
Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed sparks little crypto reactionData from Cointelegraph Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and Chair Jerome Powell.The U.S. central…

Bullish crypto events of 2020 that will drive historic adoption
The year gone by had many ups and even more downs, mainly due to the global outbreak of a devastating virus that has crippled nations and killed millions. But for those in the crypto and blockchain community, 2020 finally showcased the true potential of the technology. There were, arguably, more developments last year that will have…

Georgia aims to adopt European crypto standards for Anti-Money Laundering
One of the most crypto-friendly countries in the world wants to synchronize its crypto regulations with associated rules in the European Union. 582 Total views 38 Total shares Georgia, one of the world’s most cryptocurrency-friendly countries, is moving to introduce new crypto regulations to pursue its ambitions of becoming a global crypto hub.Georgian lawmakers have…

3 key indicators traders use to determine when altcoin season begins
Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. 373 Total views 4 Total shares It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins. When BTC price…

Bank of Japan: Central Bank-Issued Digital Currencies Are Not an Effective Economic Tool
The Bank of Japan’s (BOJ) deputy governor Masayoshi Amamiya has recently reiterated his negative stance towards central bank-issued digital currencies (CBDC), the New York Times reports Oct. 20.Speaking on Saturday at a meeting in Nagoya, central Japan, Amamiya expressed doubts about the use of CBDCs, claiming that such digital currencies are unlikely to improve the…

International Charity Oxfam Formally Launches Blockchain Rice Tracker in Cambodia
International charity Oxfam officially launched its BlocRice blockchain supply chain solution for Cambodian rice Nov. 15, Cambodian daily media outlet Khmer Times reports.BlocRice, which aims to use smart contracts to provide transparency and security between rice growers and purchasers in the Netherlands, has been under development and should expand to 5,000 farms by 2022, the…