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For only the second time in its history, an attempt at tokenizing Ripple’s XRP ledger through an initial coin offering (ICO) is being seriously offered by a group not formally associated with the company. It’s an interesting juxtaposition for a project widely believed to be actively separating itself from the messiness of the cryptocurrency world. […]
The post Is Ripple About to Become Another Ethereum? appeared first on Bitcoin News.
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Chilean cryptocurrency exchanges Buda, Orionx, and Cryptomkt were given notice their accounts will be closed by Banco del Estado de Chile. This comes after the three were also targeted with account closings by Itaú Unibanco Holding S.A. of Brazil and The Bank of Nova Scotia (Scotiabank of Canada). Also read: Trezor to Implement Bitcoin Cash Addresses […]
The post Chile: Three Crypto Exchanges Dropped by State Bank appeared first on Bitcoin News.
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With western Christianity set to celebrate the basis of its theology this weekend, bitcoiners the world over might be showing up to churches in droves, hoping one resurrection might lead to another. The ecosystem’s main prophet, Tom Lee of Fundstrat Global Advisors, has outlined four reasons why enthusiasts ought to be bullish on the future: […]
The post Not Dead: There’s Good Reason to Be Long on Bitcoin appeared first on Bitcoin News.
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Santander will be using Ripple’s Blockchain cross-border payment technology for a new mobile payments app #NEWS
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Nations forming the Group of 20 (G20) summit in Argentina this week issued Comunicado oficial de la primera reunión de ministros de Hacienda y presidentes de Bancos Centrales del G20, or first communication from the world’s central bankers concerning their work. The two page document is crammed with statements, and on the final page bankers […]
The post G20 Argentina Ends With No New Cryptocurrency Regulation appeared first on Bitcoin News.
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Brazil’s Securities and Exchange Commission (CVM) recently suspended the operations of mining investment scheme, Hashbrasil. The CVM has accused the company of violating securities laws by conducting an unregistered public offering. Also Read: Chinese Altcoins Can’t Stop Failing Hashbrasil Suspends Operations After Warning From Brazilian Securities and Exchange Commission The Brazilian Securities and Exchange Commission has […]
The post Brazilian Securities and Exchange Commission Suspends Mining Scheme appeared first on Bitcoin News.
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Venezuela says it has found a number of foreign investors for the pre-sale of its “oil-backed” national cryptocurrency, the petro. Starting this month, Venezuela is expected to pay companies from Brazil, Poland, Dinamarca, Honduras, Norway, Vietnam, and other nations for food and medicine imports with the petro. Also read: Japan’s DMM Bitcoin Exchange Opens for Business […]
The post Venezuela Found Foreign Investors for Petro Cryptocurrency Pre-Sale Starting This Month appeared first on Bitcoin News.
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Washington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region […]
The post Why Venezuela’s New National Cryptocurrency El Petro Will Fail appeared first on Bitcoin News.
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Bitcoin critics try to attack the cryptocurrency from all angles, but one thing no one can deny is that BTC has now completely captured the attention of the masses. According to figures in local reports, there are already more than twice as many people invested in bitcoin as those who trade stocks in Latin America’s […]
The post There Are At Least Twice as Many Bitcoin Traders in Brazil as Stock Investors appeared first on Bitcoin News.
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Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin […]
The post The Futility of Government Bans – Bitcoin Always Finds a Way appeared first on Bitcoin News.
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