digital currency

Genesis Block 2020 brings blockchain and bitcoin to India

Volatility in India and Blockchain India is the second-most populous nation in the world with a huge interest in blockchain and crypto. For almost 2 years there has been a ‘ban’ on cryptocurrency trading since the Reserve Bank of India issued a notice to Indian banks to stop dealing with any cryptocurrency businesses. However, peer […]

Ethereum Price to Hit $10,000 in Next Bull Run, Crypto Trader Claims

While ETH is still trading at $127, a crypto trader is convinced that when the next bull run is here, Ether will surge to hit $10,000, will ETH 2.0 help with that? Ethereum has not been in its best shape recently. Since the collapse from the all-time high of early 2018, when ETH price touched […]

“The Next Bitcoin Bull Run Will Be Different,” Crypto Analyst Says

Bitcoin is currently on the verge of a mega move in the coming year – whether bullish or bearish – as it sits comfortably on the $8,700 support/resistance level. While the technical and fundamental prospects points to a potential bullish run, given the upcoming block reward halving in May, there remains doubts on whether the […]

China at forefront of global blockchain boom

Wealth, talent pour in as strong government support for technology, industrial innovation accelerates development of sector China is bullish on the blossoming blockchain sector, seeing it as the next frontier for national competitive advantages as well as a digital future. As one of the first major countries to acknowledge the potential of the blockchain technology, […]

Bitcoin’s bumpy revolution may be only just beginning

Bitcoin was born out of despair. Hidden among the lines of code in the first ever batch of the cryptocurrency was a headline from the frontpage of that day’s edition of The Times: “Chancellor on brink of second bailout for banks”. It was 3 January, 2009, and the world was in the midst of the worst […]

U.S. lawmakers have resurrected a bipartisan push to exempt gains from small cryptocurrency transactions from being taxed.

On Thursday, Reps. Suzan DelBene (D-Wash.), David Schweikert (R-Ariz.),  Darren Soto (D-Fla.) and Tom Emmer (R-Minn.) introduced “The Virtual Currency Tax Fairness Act of 2020,” an amendment to IRS tax code that would exempt realized gains under $200, otherwise known as a de minimis threshold. From a practical standpoint the bill could simplify the tax […]

PBOC moves closer to the launch of DC/EP, its own digital currency

The Chinese monetary authority has identified digital currency as one of the nation’s most important infrastructure areas in the coming years, and the global community is expecting the birth of a digitalized renminbi this year. Senior officials from the People’s Bank of China, the central bank, said recently that the testing of the central bank’s […]

Russia sees no need to issue a national digital currency

The Central Bank of the Russian Federation is not keen on issuing a national digital currency. Elvira Nabiullina, head of the central bank, said that the regulator has been studying a topic of digital currencies, but sees no obvious need to issue a national cryptocurrency. Nabiullina made the remarks at a forum on Thursday, as […]

Journalists to launch digital currency to fight fake news

The Californian investment fund, HigherOrderVC, and journalists from across the world have teamed up to create a new cryptocurrency to provide financing for investigative journalism. The new virtual currency, named PressCoin, is aimed at empowering independent journalists with new tools to stand against fake news, as well as improving their objectiveness and financial independence. PressCoin […]

Singapore proposes to regulate bitcoin futures

HONG KONG (Reuters) – Singapore’s central bank plans to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response to interest from international institutional investors, it said on Wednesday. Market watchdogs worldwide have been debating whether and how they should regulate the cryptocurrency industry. Many have focused their attention […]

Scroll to top
Translate »