Taiwan central bank says no rush for CBDC launch

Update, July 20: This article was updated to clarify the fact that the performance of particular cryptocurrency tokens is under evaluation and not the projects backing them.In 2017, the cost of Bitcoin (BTC) reached almost $20,000, and in December 2018, its rate fell to $3,187 per token. Nevertheless, it is a solid price movement for…

Bitcoin (BTC) maintained $7,000 despite strong resistance on April 20 as oil crashed through fresh support levels towards $10.Heading into what promises to be a choppy week for traditional markets, here are five things to watch for Bitcoin traders in the coming days.Cryptocurrency market daily overview. Source: Coin360BTC price resistanceData from Coin360 and Cointelegraph Markets…

Market manipulation in the crypto sphere, explained In the cryptocurrency space, market manipulation refers to the deliberate use of different deceptive strategies to artificially inflate or deflate the price of cryptocurrencies. One of the signs of market manipulation includes sudden, unusual price increases or decreases that have nothing to do with important news or trends. Unusual

The total volume on the crypto exchange has fallen 4.9% in the last 24 hours. 1065 Total views 6 Total shares London-based cryptocurrency exchange EXMO suffered a distributed denial-of-service attack earlier today, causing the platform’s servers to become unavailable.In a tweet earlier today, EXMO reported that hackers had targeted the exchange with $75 million in…

Captain Kirk seems unconvinced that the Australian computer scientist Craig Wright is the inventor of Bitcoin (BTC).William Shatner, the Canadian actor that played Captain Kirk in the original Star Trek series, suggested that Wright is not behind the pseudonym Satoshi Nakamoto — the seminal cryptocurrency’s creator. In a tweet on Feb. 11, Shatner said:“Ask yourself…

A CNN report suggests Yang may be on the short list for a position in Joe Biden's cabinet. 2583 Total views 18 Total shares President-elect Joe Biden is reportedly considering crypto-friendly Andrew Yang as his future Secretary of Commerce.According to a CNN report “based on conversations with Biden allies and advisers and Democrats with knowledge…

As the crypto market continues to soar to new heights on a nearly daily basis — with Bitcoin (BTC) currently resting around the $16,100 threshold — the murkiness surrounding cryptocurrency exchange OKEx has continued to linger.OKEx initiated a crypto withdrawal suspension on Oct. 16, citing the unusual reason that one of the company’s private-key holders…

How worried should international regulators be about the cryptocurrency industry? Not overly, a British financial crime expert has claimed.Therese Chambers — director of retail and regulatory investigations at the United Kingdom’s Financial Conduct Authority — made the argument at the New York University School of Law on March 5, in a speech entitled “The Advancement…

Wu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as "a hub for crypto innovations." Jihan Wu, crypto billionaire and the co-founder and ex-CEO of Bitcoin (BTC) mining giant Bitmain, believes that the current wave of regulatory interventions in the crypto industry may be “a good thing…