Can Longing Bitcoin and Shorting Oil Be a Viable Trade for 2020?
Bitcoin has made further progress over the weekend in a move back to resistance at $8,600. Gold prices moved upwards also but this time oil went in the opposite direction, could this...
3 Reasons Why Bitcoin Price Rallied This Weekend
Bitcoin and crypto prices are back in the green this Monday morning in Asia following a 5% gain from the king of crypto. BTC markets have been bolstered again and a couple of factors...
How Much Influence Will China Have On The Future Of Bitcoin?
China is intrinsically tied with bitcoin, more so than any other nation. The state has little tolerance for it, that much is known, but can past events give us any insight to the...
Major Central Banks Form CBDC Think Tank
The Bank of Canada along with other central banks from Japan, Switzerland, England, Sweden, and the European Central Bank (ECB) are looking to work together as part of plans to create...
Doubts Surface Over China Central Bank Currency Plan
People’s Bank of China may be ready with the top-level rules for its hypothetical state-backed digital asset, but doubts are still surfacing over the project’s wider...
What Will Bitcoin Difficulty Adjustment Mean For BTC Prices?
This week will see an adjustment in bitcoin difficulty which will affect miners and could influence prices. The asset just closed its first large green weekly candle for three months...
How Bitcoin Solves Global Central Bank Monetary Madness
The pressure is mounting on the major economies of the world. This can be clearly evidenced by observing central bank monetary policy over recent years in various countries. Bitcoin...
China Loses Third Bank in Three Months as Economy Hits 30-Year Low
China’s economic growth continues to slow down, causing a number of banks to close due to difficult conditions. Hengfeng bank has become the latest to shut its doors...
China Digital Currency ‘Progressing’, But Still No Launch Date
The People’s Bank of China recently published an update on the development of its national cryptocurrency, stating that it is ‘progressing smoothly.’ Last week...
How 2020 Will Become The Year of The Crypto Stablecoin
The past two years have opened the eyes of the world to crypto currencies. Showing particular interest has been central banks with a number of them developing their own stablecoins and...
Hong Kong Institute of Bankers Adds 6 Virtual Banks
In another example of the growing appeal of virtual banking in Hong Kong, six licensed virtual banks in the city have joined the Hong Kong Institute of Bankers (HKIB). Virtual Banks...
China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall
With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing Communal Electricity Needs Over Crypto...