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Sunday Digest: Bitcoin Price Crash and Other News

It’s been hard to avoid the coronavirus this week, at least in the news, as the US confirmed its first death this morning. If it turns into an all-out pandemic, you’ll be glad that you sealed yourself away and stocked up on bitcoin… you did do that, right? Bitcoin Price What can be said? Not a great week for bitcoin price at the risk of stating the obvious. So how did it play out? After […] дальше »

2020-3-2 20:00


R&B Artist Akon to Launch The Akoin Utility Token on Stellar’s Blockchain

Famous artists and platinum-selling records Akon has a made the decision to build Akoin, his own cryptocurrency, on the Stellar blockchain. The president and co-founder of Akoin said Stellar was chosen for having similar values with him and the artist, explaining on February 28 that: “Akoin selected Stellar’s distributed, hybrid blockchain due to a shared […] дальше »

2020-2-29 23:05


Warren Buffett Is Wrong, Everyone Should Have 1% of Assets in Bitcoin: Virgin Galactic Chairman

Chamath Palihapitiya, the chairman of Virgin Galactic, yet again doubled down on bitcoin being a “fantastic hedge.” While talking to CNBC's “Squawk Box,” the billionaire investor disagreed with Berkshire Hathaway chairman Warren Buffett on the value of bitcoin, that Buffett earlier this week said has no value because cryptos do not produce anything. The long […] дальше »

2020-2-28 19:03


Bitcoin's $1,200 drop could have more bearish implications than anticipated

In a way, volatility is what makes cryptocurrencies, cryptocurrencies. However, Bitcoin's recent collapse of $1,200 came as a shock to most people as liquidations poured in. That being said, the collaThe post Bitcoin's $1,200 drop could have more bearish implications than anticipated appeared first on AMBCrypto. дальше »

2020-2-28 18:00


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Charles Hoskinson: Cardano is on its Way to Becoming the Best Cryptocurrency in the World

The CEO of IOHK and Co-Founder of Cardano has expressed dismay at criticisms targeting Cardano despite its “enormous progress”. In a tweet, Hoskinson said the critics “either lack basic due diligence capabilities, are shills or shouldn’t be in crypto at all,” adding that Cardano is on its way to becoming the best cryptocurrency in the […] дальше »

2020-2-27 10:33


G20 Wants Tougher Rules for Cryptocurrencies; Urging Members To Adopt FATF Standards

G20 central bankers and finance ministers want to push for a wider adoption when it comes to the standards compelling crypto exchanges to disclose information about users. After a weekend summit in Riyadh, the Saudi Arabian capital, G20 members of financial institutions said countries haven’t aligned themselves with the international and intergovernmental standards imposed by […] дальше »

2020-2-25 21:46


BTC Remains Unaffected With Stock Market Plunge, Out of Control Gold; But It’s a Good Thing

Renewed fears that the coronavirus will negatively affect the global growth has Gold going out of control. The bullion soared toward $1,700 an ounce amidst a flight to haven assets. “Commodities are witnessing another risk-off day as coronavirus concerns boil up,” said Norbert Ruecker, head of economics at Julius Baer Group Ltd adding, “the flight […] дальше »

2020-2-25 19:22


FCoin Exchange Comes Up Short, Up To 10,000 BTC Of Traders Assets Gone Due To Errors

FCoin, the famous cryptocurrency exchange that uses the trans-fee mining model, has revealed a shortage of $130 Million in crypto-assets and paused both withdrawal and trading on its platform. FCoin was launched in May 2018 by the former CTO of Huobi, Zhang Jian, who said on Monday in a blog post that the exchange is […] дальше »

2020-2-17 19:17


Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee

Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […] дальше »

2020-2-14 18:21