United States Rep Tom Emmer is gearing up to present three bills in the floor of the house in a bid to support blockchain technology and cryptocurrency. This is according to a press release published September 21. The three bills…
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Russia Not Ready for Cryptos According to the President’s Special Representative
Russia is not yet ready for the issuance and circulation of crypto-currencies. This is according to a special representative of the Russian president. This was reported by a local news agency known as RIA Monday Yesterday. Dmitry Peskov, the president’s…
8 countries actively looking to crypto in search of financial freedom
Cryptocurrency has been famed for its decentralized nature, earning it admirers and detractors alike. A lot of banking institutions have been quite hostile towards it except for a few who have recently begun to warm up to the blockchain. Crypto…
The Eu to Discuss Further Crypto Regulation but This Could Be a Good Thing
Finance ministers from 28 member countries in Europe will discuss putting in place further regulation on cryptocurrencies due to concerns surrounding illicit activities and a general lack of transparency. According to Bloomberg, the EU finance ministers will convene at a…
Bitcoin ETF: What is It and How Does it Work?
The Bitcoin ETF (Exchange-Traded Funds) applications, rejections, and rumors of possible approval have been affecting price action in the past few weeks. While the SEC is yet to approve a Bitcoin ETF that follows its requirements and addresses crucial security…
ETF Delay Sinks Bitcoin Back to $6,300 Level, NYSE Parent Company Launch Crypto Exchange
It was another dark day for Bitcoin, dropping 10% in price and more than $10 billion in market capitalization in the last 24 hours. As of press time, Bitcoin is trading at $6,350, total market capitalization is at $224 billion,…
Liverpool to Use Blockchain Technology in a Bid to Become First Climate Positive City
The city of Liverpool aims to become the first climate positive city using the blockchain. This was revealed by the Liverpool city council (LCC) who announced that they would be making use of blockchain technology to reduce the city’s impact…
Dubai Will Use the Blockchain to Disrupt Own Legal System
An international court dealing with civil and commercial hearings in the finance industry based in Dubai is planning to unveil what they have dubbed as the “court of the Blockchain” in order to streamline legal operations in the country. In…
Bitcoin’s Case for Reaching $50K by the End of 2018 is Still Alive
A hedge fund trader and Bitcoin researcher recognised for his online alias “Spook”recently released a simple Bitcoin prediction making a solid case for $50,000 by the end of 2018. Bitcoin has experienced the same bear cycles for the past nine…
Bitcoin Continues Bullish Rally Due to Pending ETF Approval, Price Breaks Major Resistance Levels But is Ripe for a Correction – Technical Analysis
The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…