Market Update: Despite Uncertainty, BTC Longs Skyrocket

Market Update: Despite Uncertainty, BTC Long Positions SkyrocketDigital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying to surpass upper resistance, skeptics think crypto prices […]

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China Releases Year-End Crypto Rankings

China Releases Year-End Crypto RankingsChina’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Year-End Crypto Rankings The Center […]

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PBoC Issues Financial Bonds Over its Private Blockchain

TheMerkle PBoC RMBCoinChina remains a very mysterious nation in many different ways. The country is keen on blockchain technology, and the People’s Bank of China is taking things one step further. Earlier this week, the PBoC began issuing financial bonds over the blockchain to small businesses. China’s Blockchain Venture Continues These bonds will serve as SMB loans, adding up to roughly $2.75bn in total.  These bonds are not issued on a public blockchain, but rather infrastructure developed by the PBoC itself. It appears this infrastructure will also be used as the primary blockchain-oriented record keeping service across China.  This news comes a

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