China Published A positive Article On Bitcoin. But Why Is Crypto Banned In China?

China Published A positive Article On Bitcoin. But Why Is Crypto Banned In China?

After Trump’s tweets on Bitcoin, The People’s Bank of China comes out to the crypto scene. Yesterday, the regulator published an article on the official website that reveals the concept of Bitcoin, its operating mechanism, and the history of one. The document ends with the announcement of a Libra project from Facebook. The People’s Bank of China also paid attention to issues related to the Bitcoin’s rate, […]

Bitcoin price prediction: will BTC return upside soon?

Bitcoin price prediction: will BTC return upside soon?

Bitcoin is currently range-bound. The following Bitcoin price prediction looks at what could happen next from the perspective of technical analysis. July 26, 2019 | AtoZ Markets – Bitcoin and the altcoins are currently range-bound. Since dropping to a new July low last week, they have gone almost nowhere. Bitcoin pushed from $9,100 last week to $11,000 and ran out of gas. […]

JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

The US dollar is at risk of losing its status as the world’s dominant currency. That’s according to one strategist at JP Morgan’s private bank who is advising wealthy clients cut their dollar holdings in half. “We believe the dollar could lose its status as the world’s dominant currency (which could see it depreciate over the medium term).” It’s a stark wake-up […]

Will Money And Finance Keep Decentralizing Or Not?

Will Money And Finance Keep Decentralizing Or Not?

The second cryptocurrency wave is restarting the whole enterprise of decentralized electronic cash from scratch. The first task has been to design a more user-friendly form of electronic cash: a stablecoin. To create a stablecoin, the very features that make bitcoin or dogecoin a bad currency but a great gamble — the thrilling price jumps and dangerous collapses — have to be […]