China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCsThe company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red […]

Go to Source

Powered by WPeMatico

Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase InstitutionalOn Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan […]

Go to Source

Powered by WPeMatico

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall […]

The post St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade

Exchanges News: Huobi Trial Eos Exchange, Sharespost Facilitates Security Token TransactionIn recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the […]

The post Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced

Bitblock Publishes Alternative Valuation Model for BTCBitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital […]

The post Bitblock Publishes Alternative Valuation Model That Suggests BTC Is Underpriced appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon Alternative

Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon AlternativeSince Patreon began censoring members and participated in deplatforming, many of its users have been seeking alternatives. One option is the cryptocurrency-infused Bitbacker.io, a Patreon-like application that strongly advocates freedom of speech and censorship-resistant money. Also Read: Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018    Bitbacker.io: A Patreon Alternative That’s Powered by Cryptocurrencies […]

The post Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon Alternative appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange

Bitcoin Markets Comprise Imminent Alternative to Foreign ExchangeA report authored by researchers from the Henryk Niewodniczanski Institute of Nuclear Physics has found that Bitcoin is maturing. The report, courtesy of the Polish Academy of Sciences in Krakow, concludes that Bitcoin carries “concrete potential of imminently becoming a regular market” and “an alternative to the foreign exchange.” Also Read: Research: Corporations Fail to Deliver […]

The post Bitcoin Markets Comprise Imminent Alternative to Foreign Exchange appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Altcoins Round-Up: Bitgo Adds ZEC, Wirex Supports XRP, PwC to Audit Tezos

Altcoins Round-Up: Bitgo Adds ZEC, Wirex Supports XRP, PwC to Audit TezosIn recent news pertaining to altcoins, Bitgo has announced the addition of Zcash to the roster of cryptocurrencies supported by the cryptocurrency custody firm; Wirex has enabled XRP support for its cryptocurrency debit card; and Tezos has commissioned PricewaterhouseCoopers (PwC) to audit the Tezos foundation’s finances and operations. Also Read: Bitmain Reveals the Total Hashrate of […]

The post Altcoins Round-Up: Bitgo Adds ZEC, Wirex Supports XRP, PwC to Audit Tezos appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining DemandWith demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]

The post Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Economics Nobel Laureate Robert Shiller Examines Bitcoin in Historical Context

Economics Nobel Laureate Robert Shiller Examines Bitcoin in Historical ContextProfessor Robert Shiller, who received the 2013 Nobel prize in economics and is famous for the Case-Shiller Index, published an article on Monday talking about the way the allure of bitcoin fits previous attempts to reinvent money. Also Read:  Crypto Revolution Starts Reshaping Global Politics Historical Precedents The main question Shiller was trying to answer […]

The post Economics Nobel Laureate Robert Shiller Examines Bitcoin in Historical Context appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico