Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors Go to Source Powered by WPeMatico
Month: May 2020
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. Uganda, Nigeria, South Africa, Kenya, and Ghana are listed in the … Read more
Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. Go to Source Powered by WPeMatico
3 Bitcoin Price Metrics Just Converged — A Bull Run Has Always Followed
A basket of one quant analyst’s favorite metrics is still overly bullish, casting aside this week’s Bitcoin price drop. Go to Source Powered by WPeMatico
Inflation-Busting Cryptocurrency Zimbocash Receives Listing on Bithumb
Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency. Go to Source Powered by WPeMatico
Don’t Buy Bitcoin, Says Wealth Exec as Lebanon Chooses BTC Over Fiat
Bitcoin and gold are “too speculative” and it’s better for investors to trust the government to pay them back, claims Peter Mallouk. Go to Source Powered by WPeMatico
Global Central Banking Think Tank Launches Digital Monetary Institute
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking. Go to Source Powered by WPeMatico
Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co. Go to Source Powered by WPeMatico
Jack Dorsey Gives $5M to Support UBI — Could Crypto Deliver it?
The Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang. Go to Source Powered by WPeMatico
Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K
The price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed. Go to Source Powered by WPeMatico