This Bitcoin Halvening Could Be Drastically Different, According to Bloomberg Analyst

2019-12-30 17:29

There is a good chance that Bitcoin's price action could be drastically different compared to its two previous post-halvening cycles, according this Bloomberg analyst

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according bloomberg analyst different drastically could bitcoin

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MOBI to Develop Mobility Payments Network for Machine-to-Machine Transactions Based on Blockchain 

MOBI, the Mobility Open Blockchain Initiative, is exploring blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. According to reports from Bloomberg on December 8, the non-profit organization is developing a blockchain-based payment network that allows for machine-to-machine transactions.

2019-12-9 17:00


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China Targets OTC Trading Channels as Crypto Clampdown Rages On

The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on regulation, November 27, 2019.

2019-11-28 14:00


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Forensic Researchers Claim a Single Whale Caused the 2017 Bitcoin (BTC) Spike

John Griffin and Amin Shams, two well-known forensic researchers, have built on their previous research which accused Tether (USDT) of single-handedly causing the 2017 bitcoin rally. According to research shared with Bloomberg, the two have found that when BTC decreased in a certain increment on Bitfinex, one single whale exerted enough orderbook pressure to flipRead MoreRead More.

2019-11-5 13:07


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Facebook Heavily Criticized in Congressional Hearing, Zuckerberg Evades Specific Questions

Mark Zuckerberg testified in front of Congress yesterday, and to questions thrown his way were riddled with suspicion and contempt. Members of Congress present for the heated testimony emphasized Facebook’s inability to act on important issues such as election time misinformation, false advertising, and refusal to fact check any information, according to Bloomberg, October 23,Read MoreRead More.

2019-10-24 15:00


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Moonday Mornings: eBay, Mastercard, Visa, Stripe, and Mercado Pago leave Facebook’s Libra Association

Good morning forkers, it’s that time of the week again. It’s Hard Fork’s wrap-up of the weekend’s cryptocurrency and blockchain headlines you shouldn’t miss. Let’s get to it. 1. Facebook‘s “cryptocurrency” Libra is facing yet more challenges as Mastercard, Visa, eBay, payment system provider Stripe, and South American partner Mercado Pago have pulled out of the troubled project, The Financial Times reports.

2019-10-14 11:40


Symbiont And Vanguard Start Testing Blockchain-based Technology For Forex Trading

Giant mutual fund company Vanguard Group is reportedly testing a blockchain-powered foreign exchange (FX) trading platform to allow asset managers to easily trade currencies. According to a report by Bloomberg, Vanguard Group has teamed up with Symbiont which offers blockchain technology to develop the FX trading platform. The new platform will allow asset managers to […]

2019-10-3 23:27


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Initial Backers of Facebook’s Libra Consortium Second Guessing Decision to Join

Visa, PayPal, Mastercard, and Stripe, all of whom signed non-binding agreements to be a part of the Libra consortium, are now unsure of whether they want to go ahead with Libra. According to Bloomberg sources, the companies are being asked to confirm their intent by October 14, when the charter signing is scheduled to takeRead MoreRead More.

2019-10-3 19:00


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Venezuela may have Bitcoin and Ethereum, but it’s unsure how it can use them

The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.

2019-9-26 18:52


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Cryptocurrency Exchanges Resort to Marketing Measures to Revive Falling Volume

Large cryptocurrency exchanges, including Binance and BitMex, have recently increased their referral fee in a bid to bring back customers and stage a revival in exchange volumes. According to sources from Bloomberg, exchange volumes have fallen by nearly 40 percent over the year, and exchanges are desperate to stage a resurgence as their revenue isRead MoreRead More.

2019-9-26 20:00


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Patrick Byrne Liquidates Overstock Stake for Gold, Silver and Cryptocurrency

Ex-Overstock CEO, Patrick Byrne, has liquidated his $90 million stake in the company in order to fund investments in bullion and cryptocurrency. According to Bloomberg, Byrne did this to “battle the deep state” that he reportedly helped in an investigation against a Russian activist who is currently in prison for attempting to influence United StatesRead MoreRead More.

2019-9-20 12:45


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France: Crypto-to-Crypto Transactions Tax-Exempt Unless Traded for Fiat

France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and services, September 12, 2019.

2019-9-13 17:00


Exchange Volumes on the Decline Since 2017 All-Time-Highs

As per data tracking service TokenAnalyst, exchange volumes have yet to recover to 2017 levels despite various media reports that early 2019 saw the highest amount of exchange-traded volume. According to Bloomberg, this is a signal of negative retail sentiment, however, the analysis is focused on unique addresses sending money into exchange, not cumulative inflow,Read MoreRead More.

2019-9-7 01:00