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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total

Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »

2018-7-9 00:05


How developing countries are using Cryptocurrency for greater prosperity

If you thought cryptocurrency is a bubble ready to burst, controlled and confined in the hands of the powerful and affluent, then think again. Despite many large corporations, private and public, recognising the potential cryptocurrency creates and thereby ardently incorporating blockchain technology, small countries with less economical might are, refreshingly, dipping their toes into the […] The post How developing countries are using Cryptocurrency for greater prosperity appeared first on ZyCrypto. дальше »

2018-7-5 18:57


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‘Extinguishing Capacity’: Bitcoin Could Swallow All M1 Fiat At $223K Per Coin

$223,186 is the price Bitcoin would need to be in order to convert the entire world supply of fiat currency, industry figures calculated July 2. M1 Fiat Could Go At Less Than $250k Part of an ongoing debate on social media, Blockstream CEO Adam Back and CSO Samson Mow joined Bitcoin Think editor Beautyon in discussing the phenomenon of ‘hyperbitcoinization’ – the as yet untested process by which consumers abandon fiat en masse for Bitcoin. дальше »

2018-7-3 00:00