The crypto market in China has a huge potential for several reasons. Firstly, China is an economic superpower. Moreover, the country is the leading producer of equipment used for crypto mining. Recently, President of People’s Republic of China Xi Jinping endorsed the blockchain technology. The Center for Information and Industry Development (CCID) released the 15th …
Parana state government made an announcement that is connected with the cryptocurrency market. According to the state’s government, civil police in the state raided an unnamed organization in the state capital as well as other cities. The purpose of this nationwide operation was to shut down an alleged Bitcoin investment scheme. Police officers in Curitiba, …
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The European Union has one of the largest economies in the world. It is not surprising that crypto adoption is important for the future of cryptocurrencies. However, last week, EU Finance ministers released a statement that once more underlines that it won’t be easy to convince EU authorities. EU ministers made it clear that no …
Bitcoin is the one best-known cryptocurrencies around the globe. Yesterday, Bitcoin was unable to strengthen its position as the price declined below $7,300 against the U.S. Dollar. Additionally, Bitcoin broke the $7,200 support area. Hopefully, the price remained above the $7,000 support area. The low was formed near $7,068. At that point, Bitcoin started to …
Cryptocurrencies such as Bitcoin, Ethereum, and others became popular around the world. The crypto market is developing, and countries should adopt to the new reality. One of the countries, which realized the importance of crypto and blockchain innovation is Kazakhstan. It is important to mention that Kazakhstan’s government is in favor of cryptocurrencies. Moreover, last …
XP Inc. expects to see the biggest initial public offering for a Brazilian Forex company on Nasdaq. The largest stockbroker in the country looks forward to about $1.5 billion to $2.1 billion raise. With a range of $22 and $25 per share, the broker plans to set its public price at its midpoint. This would …
Largest Brazilian Stockbroker, En Route to Record Breach Read More »
Yesterday, the South Korean crypto exchange Upbit released information which affected the crypto owners. Upbit reported that it lost 342,000 ether (ETH) worth $49 million. Crypto exchange, suspended withdrawals and deposits as a precaution. Upbit also moved all assets held in a hot wallet to cold storage. Hopefully, crypto owners do not have to worry …
There are numerous cryptocurrencies around the world. However, Bitcoin, Ethereum, and several other digital currencies are well-known even in the most isolated countries. Bitcoin is the number one cryptocurrency in terms of market capitalization. For the last couple of weeks, Bitcoin is struggling to regain its position. At first, Bitcoin’s price fell to less than …
Digital currencies such as Bitcoin, Ethereum are well-known around the world. It is an interesting fact that Bitcoin, which is the world’s first cryptocurrency, not only survived but the biggest digital currency in the market. The lack of regulations has a negative influence on digital currencies. In this situation, it is not an easy task …
Iranian authorities are trying to regulate the crypto mining. On the one hand, Iran wants to boost the local cryptocurrency market. On the other hand, it is trying to expose illegal crypto mining operations in the country. Digital currencies such as Bitcoin, Ethereum and others offer several advantages in comparison with fiat currencies. Iran has …
Digital currencies such as Bitcoin, Ethereum, Litecoin are well-known around the world. Private, as well as governmental organizations, are working to create guidelines for the blockchain technology. One of the biggest markets for digital currencies is China due to several reasons. Firstly, it has the second-largest economy in the world after the U.S. Secondly; …
On Monday, after a major decline, Bitcoin was able to find support near the $8,670 level against the U.S. dollar. Nevertheless, the price fell to the lowest level since the beginning of November. Bitcoin’s price recovered as the price broke the resistance levels above $8,800 and $8,900. Bitcoin continued to strengthen its position as the …
Bitcoin is the first cryptocurrency in the world. In the last ten years, it plays an important role, and even after so many years, it is the number one digital currency in terms of market capitalization. It is worth mentioning that after a major decline, Bitcoin was able to find support near the $8,670 level …
The cryptocurrency market is evolving for the last ten years. As a result, banks, as well as other institutions, have to embrace this emerging market. Digital currencies such as Bitcoin, Ethereum and others slowly but steadily changed the attitude towards the cryptocurrencies. One of the banks which is already cooperating with various crypto-related companies is …
Digital currencies such as Bitcoin, Ethereum, and others are popular even in the most isolated and authoritarian countries in the world. Cryptocurrencies step-by-step became part of everyday life. Private, as well as governmental organizations, have to keep up with the latest tendencies. One American bank realized the importance of this industry. Silvergate Bank, without a …
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