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Bitcoin Hits 16-Month High Despite S&P 500 Stocks Decline

Bitcoin Hits 16-Month High Despite S&P 500 Stocks Decline

Posted by By Vince Saboti October 27, 2020Posted inBitcoin News
Bitcoin's price continues to increase even while coronavirus-related instability hit the stock markets on Monday. BTC is trading for $13,677 at the time of writing this article, a 4.69% gain for the last…
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Bank of Russia Head Opened Up About the Prospects of the Digital Ruble

Bank of Russia Head Opened Up About the Prospects of the Digital Ruble

Posted by By Vince Saboti October 26, 2020Posted inBitcoin News
Elvira Nabiullina named the terms for the preliminary launch of the digital ruble, named its advantages and risks, and revealed some of the technical details of the project. The Bank of Russia may…
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Bank of Japan Named the Conditions for a Digital Yen Launch

Bank of Japan Named the Conditions for a Digital Yen Launch

Posted by By Vince Saboti October 26, 2020Posted inBitcoin News
The conclusive decision on the future development of a digital yet has not yet been reached. For the time being, cash remains the main method of payment in Japan. The final step to…
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Switzerland Will Accelerate the Adoption of Blockchain and Cryptocurrency in 2021

Switzerland Will Accelerate the Adoption of Blockchain and Cryptocurrency in 2021

Posted by By Vince Saboti October 25, 2020Posted inBitcoin News
The Ministry of Finance of Switzerland started a series of consultations to acquire full knowledge about the rules in play in the sphere of cryptocurrency and the use of blockchains. These consultations will…
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JPMorgan Takes a Bullish Stance on Bitcoin in a Leaked Document

JPMorgan Takes a Bullish Stance on Bitcoin in a Leaked Document

Posted by By Vince Saboti October 25, 2020Posted inBitcoin News
The banking giant JPMorgan, which stores estimated assets of around $316 billion, views the potential for growth of Bitcoin as “considerable”. The news about the optimistic stance of the banking institution comes days…
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New Chinese Law Will Outlaw All Yuan-Pegged Tokens Except the CBDC

New Chinese Law Will Outlaw All Yuan-Pegged Tokens Except the CBDC

Posted by By Vince Saboti October 24, 2020Posted inBitcoin News
The central bank of China has put forward a new version of a long-awaited banking law that clarifies the future regulation of the digital yuan in legal terms. The People's Bank will be…
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The New Largest Crypto Farm in Siberia Expected to Launch by The End of The Year

The New Largest Crypto Farm in Siberia Expected to Launch by The End of The Year

Posted by By Vince Saboti October 24, 2020Posted inBitcoin News
MineSpot, a so-far unknown company in the cryptocurrency mining industry announced it is opening a 160-megawatt mining facility in Siberia, Russia's Far East, that would be the largest crypto farm in the country.…
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PayPal Reportedly in Talks to Acquire Crypto Companies, Including BitGo

PayPal Reportedly in Talks to Acquire Crypto Companies, Including BitGo

Posted by By Vince Saboti October 23, 2020Posted inBitcoin News
The American payments giant PayPal is exploring the possibility of acquiring cryptocurrency companies, including Bitcoin custodian BitGo. This has been reported by Bloomberg, citing insider sources of the information. The news comes just…
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Putin Aide Shed Light on Russia's Strategy for Digital Ruble Introduction

Putin Aide Shed Light on Russia’s Strategy for Digital Ruble Introduction

Posted by By Vince Saboti October 23, 2020Posted inBitcoin News
The digital ruble may be introduced in Russia in three to seven years, but Russia will not become the world leader in this matter, Dmitry Peskov, who is the special representative of the…
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Ripple Could Relocate to Japan or Singapore, CEO Brad Garlinghouse Says

Ripple Could Relocate to Japan or Singapore, CEO Brad Garlinghouse Says

Posted by By Vince Saboti October 22, 2020Posted inBitcoin News
Ripple co-founder Chris Larsen previously has stated that the company could leave the US due to an unclear regulatory condition. Ripple CEO Brad Garlinghouse confirmed the company standing. In a recent interview with…
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