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 […]

What scares the world of cryptocurrencies?

What scares the world of cryptocurrencies?

July 24, 2019 | AtoZ Markets – In the Second World War, the victorious countries established a global financial system that they had to impose their domination over world economies through the International Monetary Fund, whose purpose was to assist in the reconstruction of countries affected by the effects of the war. The Bank’s policy on interest-bearing lending has been adopted by […]

The Hostile Receptions Facebook’s Libra Coin Received Should Be Viewed As A Validation Of The Need For Bitcoin.

The Hostile Receptions Facebook’s Libra Coin Received Should Be Viewed As A Validation Of The Need For Bitcoin.

As a fiat currency pegged stablecoin, Libra offers little threat to the U.S. dollar’s monopoly. To Libra users, it would be little different from PayPal, Alipay, Apple Pay, Google Pay, WeChat, Zelle, or the dozens of other peer-to-peer payment platforms around the world. Yet, Libra threw the powers-that-be in such a panic that President Trump was pressured into tweeting a condemnation of Libra and […]