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Cryptocurrency News

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Doubling down on failed policies with central bank digital currencies

27/08/2020(0)
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing ... Read More
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Cryptocurrency to get pan-European legal framework

24/08/2020(0)
In the fall, the EU Commission is set to complete its work on digital finance, and the result will be a clear definition for cryptocurrency in European law. “Lack ... Read More
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Bitcoin hash rate hits record average high with $12K price in sight

17/08/2020(0)
Bitcoin’s seven-day average hash rate passes 129 TH/s for the first time as the price continues to meet resistance at the $12K level. As the price of Bitcoin continues ... Read More
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Putin signs law giving cryptocurrency legal status in Russia

04/08/2020(0)
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means ... Read More
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What is ‘LBCOIN,’ the new Lithuanian state-backed cryptocurrency?

24/07/2020(0)
The ongoing COVID-19 pandemic has accelerated the development of digital currencies by central banks in a bid to encourage people to turn to cashless payments. One such project is ... Read More
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Crypto trading volumes plummeted in June, but Altcoins are moving up

14/07/2020(0)
This week the price of Bitcoin (BTC) started trading around $9,200 and quickly moved up to $9,450. A potential rally was rejected close to $9,500 and BTC’s price then ... Read More
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BCHUSD Can See One More Leg Lower, Before A Recovery – Elliott wave

23/06/2020(0)
  BITCOIN CASH is moving sideways since March-April, exactly after we noticed a five-wave rally into a wave A/1 from the lows. After every five waves, we expect to ... Read More
Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing

China takes battle for cryptocurrency hegemony to new stage

16/06/2020(0)
Global competition for supremacy in digital currencies has entered a new phase with China’s creation of an East Asia cryptocurrency scheme and American social media company Facebook adjusting its ... Read More
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European Central Bank digital currency – a flight of fancy?

13/05/2020(0)
Speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May ... Read More
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Former Bank of China President says digital Yuan can replace cash

07/05/2020(0)
Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are ... Read More
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