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Currency War Erupts as US and China Bring Out the Big Guns

What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losing the value of their […] The post Currency War Erupts as US and China Bring Out the Big Guns appeared first on Bitcoin News. дальше »

2019-8-6 13:31


JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification

The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […] дальше »

2019-7-25 20:16


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The best way to make money out of Libra? Put a bet on it not launching on time

Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives regulatory approval anytime soon (ie, in the next six-12 months) are quite low. дальше »

2019-7-25 15:44


Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019

Dan Morehead, the founder and CEO at Pantera Capital, a cryptocurrency-focused investment fund, believes the Bitcoin price could hit $356,000 in the next three years. Morehead, who’s also the chairman at Bitstamp, a global digital currency marketplace, predicted during an episode of Laura Shin’s Unchained Podcast that Bitcoin’s price may reach $42,000 by the end […] The post Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019 appeared first on CryptoSlate. дальше »

2019-7-24 18:18


Cryptocurrency is Part of the Global Currency War, Says Federal Reserve Branch Head

Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets. дальше »

2019-7-20 03:00


“This Is The Revolution: We Just Have To Sell It” – Congressman Schweikert On Blockchain

Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action. дальше »

2019-7-18 19:31


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‘Libra vs Alipay, WeChat’ Trending High on Chinese Search Engine

Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty. дальше »

2019-7-18 15:00


Based in Singapore? Binance now Allows you to Trade With Fiat

Global cryptocurrency exchange Binance has just announced that it is now supporting fiat currency deposits and withdrawals for its Binance Singapore users. The platform, which launched similar ventures earlier this year in Jersey and Uganda, will allow Singapore residents or Singapore citizens based overseas, to buy a number of cryptocurrencies with Singapore Dollars. дальше »

2019-7-11 19:02


European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile”

Bitcoin has unarguably gained massive adoption of recent and there are hopes that someday, it could potentially become a global currency. However, the European Central Bank, the Central bank for Europe’s currency Euro in a tweet on July 9, 2019, stated that it has no plans to add Bitcoin to its reserves because Bitcoin is […] The post European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile” appeared first on ZyCrypto. дальше »

2019-7-10 15:34


Facebook’s Libra Is The Push Behind China’s Latest Move To Develop Its Own Digital Currency

Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems. дальше »

2019-7-10 18:37


KaratGold Coin (KBC): Coin Holder Could Exchange Their Coins For Real Gold at “Gold Independence Day” Event In Las Vegas

Gold is money. It is and has been approved on a global scale in more than 194 countries throughout the centuries, therefore asserting itself as a form of currency. In recent times, the significance of relocating assets into a more credible form of investment which would have borne fruit has been lost. дальше »

2019-7-9 21:11


Philippines’ Central Bank Abandons Plans of Launching Own Cryptocurrency

Philippines’ Central Bank is reportedly ready to halt its planned launch of a digital currency and wait for at least five years. The Bangko Sentral ng Pilipinas, according to Phillstar Global, a local news outlet, is rethinking issuing its own digital currency as it monitors the global crypto space. Benjamin Diokno, the bank’s governor, spoke […] дальше »

2019-7-5 20:56


Facebook Is Looking To Achieve Global Regulatory Compliance As Libra Vies For New York BitLicense

Facebook’s Libra coin, the new initiative from the company in order to create its own crypto and bring a frictionless and globally-available currency to all its clients is looking to get the New York BitLicense, considered the hardest regulatory approval to get in the United States. The company is taking all the steps to appease […] дальше »

2019-7-2 00:39


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Jack Dorsey: Bitcoin Is Our One Opportunity to ‘Align the World’

Twitter and Square CEO Jack Dorsey has repeated his belief that only Bitcoin will become the global currency of the internet. Bitcoin Can ‘Align’ The World Speaking in an interview with Quartz on June 14, Dorsey, who has made a name for himself as a Bitcoin advocate, said that the world was in a unique position to change the financial system. дальше »

2019-6-14 18:00