The Digital Yuan Will be Tested in Hong Kong
The new potential digital currency of China will be first tested in the Great Bay of Hong Kong. As news.southcn.com reports, Bai Hexiang, the head of the Guangzhou province office of the central…
Bitcoin Could Grow by 200% in the Coming Months
Analysts of the Kraken cryptocurrency exchange have published a report according to which they expect the rate of the first cryptocurrency to rise from 50% to 200% in the coming months. In the…
Ethereum Transaction Fees Continue to Break Records
Commissions for transactions on the Ethereum network on August 12 updated a historical record - per day, users paid ETH miners in the amount of $6.87 million. According to the research department of…
Mitsubishi Launches Metals Trading Platform Based on Blockchain
Mitsubishi Corporation RtM Japan Ltd, a subsidiary company for metals and minerals trading of Mitsubishi Corporation, has rolled out the blockchain platform ECO for the trade of precious metals. The platform, which is…
Venezuelans Will Pay Taxes with Petro Cryptocurrency
The Council of Mayors of Venezuela cities signed the "Agreement on the Harmonization of National Taxes", which spelled out the possibility of using the Petro cryptocurrency to pay taxes. After the official approval…
Bitcoin Network Fees Down 58% in Four Days
The average transaction costs for the first digital coin transfers fell from $6.47 to $2.72. In December 2017, this indicator was at its maximum and reached $55. Bitcoin network fees fell 58% in…
USDA Will Track Organic Food Shipments Using Blockchain
The United States Department of Agriculture (USDA) has suggested regulations on organic products to enable blockchain-based supply chain tracking. The document, which was published on the agency's webpage, suggests that electronic tracking systems…
China National Blockchain Platform Launched International Website
The Chinese-backed blockchain platform Blockchain Service Network (BSN) launched a dedicated English-language website targeting overseas users on Monday He Yifan, CEO of Red Date Technology, one of the founders of BSN, said that…
Bitcoin Price Surpassed $12,000
On Monday, August 10, the price of Bitcoin rises. At the time of posting this article, the first cryptocurrency is trading at $11,985.8 (+ 2.44%). Bitcoin briefly jumped above $12,000 in the morning.…
Investments in Bitcoin Since 2017 Could Have Gained You 61.8% Profit
Researchers at Coin Metrics have discovered, using an average dollar value for investment in Bitcoin (BTC) after the 2017 peak of $20,000, that investors are making a substantial profit. In addition, according to…