The United Kingdom is really cracking down on the cryptocurrency sector. While other countries and their central banks are welcoming virtual currencies with open arms, the UK Central Bank is putting its foot down. What Happened? Over the past two months, we have seen a lot from the UK regarding cryptocurrencies. First, Prime Minister Theresa…
Some countries in Europe are against cryptocurrencies, while others are infatuated with it. The latter now includes Liechtenstein, which is a German-speaking country in Europe. More specifically, there’s a family-based bank – Bank Frick, in Liechtenstein that has decided to put all of its eggs into the crypto basket. Bank Frick The world was informed…
The United Nations exploring blockchain technology is a step in the right direction. What Happened? On Thursday, the world was informed that a cryptocurrency wallet startup, ‘Blockchain’, has partnered with the United Nations to look into the various applications of blockchain technology. More specifically, the U.K.-based startup and the United Nations will be looking into…
There’s a lot to discuss when it comes to the cryptocurrency sector. Price growth remains at the top of the list, with regulation coming in a close second. As for me, I’ve been looking into issues that have arisen from cryptocurrency farming. There’s one country, in particular, that is really struggling from this and that’s…
Bitcoin (BTC) price jumped substantially last month after finding support around $6,000 in early February; the solid Bull Run in prices was supported by lower than expected regulatory actions from the U.S. and South Korean authorities. Though analysts and regulators had issued several bearish predictions last month, bulls successfully kept prices around $10,000, and they…
Bitcoin price continues to move here and there amid speculations and price manipulation; the largest cryptocurrency is up sharply from the lows seen during the weekend – leading the broader market rally by a wide margin. Its price climbed as much as 9% in the early trading on Tuesday before retreating later in the session,…
Cryptocurrencies have faced some harsh scrutiny over the past couple of months. From crackdowns in China and Texas to ICO scams and market slumps, digital currencies are becoming increasingly infamous. And now, Microsoft co-founder Bill Gates has voiced a particularly startling criticism of the technology. In a Reddit AMA (Ask Me Anything) today, the software…
The Economic Times of India’s Global Business Summit took place this week, and it was inevitable that the cryptocurrency sector was going to be one of the topics discussed at length. What wasn’t foreseen, however, was Apple co-founder Steve Wozniak coming forward and saying he was a victim of a bitcoin scam. It’s been known…
Looks like we have yet another central bank moving into the blockchain industry. Taiwan’s Central Bank On Monday, the world was informed that Taiwan’s central bank plans to start exploring blockchain technology in-depth. More specifically, according to Yang Chin-long, the new governor of the central bank, the small island nation wants to start using blockchain…
Financial services firm Circle have today announced that they are purchasing cryptocurrency trading platform Poloniex. Though price details were not included in Circle’s official statement, a Fortune report puts the cost at a whopping $400 million. It also raises Circle’s profile as a cryptocurrency exchange, putting it on the heels of leading platforms Coinbase, Bittrex,…
