Canaan May Begin New York IPO by End of Q2 2019, Anonymous Sources Tell Bloomberg
Anonymous sources claim Canaan is still interested in an IPO despite its lack of success in Hong Kong Go to Source Powered by WPeMatico
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Bitcoin Primely Positioned as U.S. Foreign Policy Pushes Rivals to Ditch Dollar
As President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U.S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies … Read more
Number of Chinese Crypto Lawsuits Doubles in 2018
According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. The database indicates that at least 202 cryptocurrency scams were promoted via more than 3,000 different platforms. Also Read: Indian Central Bank’s Report Shows … Read more
China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks
China’s new interbank blockchain platform to be sponsored in part by the United Nations Development Bank Go to Source Powered by WPeMatico
Rick Falkvinge: Imminent Financial Crisis Perfect Opportunity to Convert the Masses to Crypto
Warnings of an imminent financial crisis are in the media more than ever before. But could such an event be the tipping point that puts Bitcoin and cryptocurrency firmly into the mainstream? Politician and tech entrepreneur Rick Falkvinge says it would be the perfect time to finally convert people to crypto. Also read: Billions Living Under Authoritarian … Read more
Chinese Survey Finds Nearly 40 Percent of Respondents Would Invest in Crypto
A survey in China revealed that 40 percent of the respondents are willing to invest in cryptocurrency in the future Go to Source Powered by WPeMatico
Bitcoin Whales and the Rise of Crypto-Fueled OTC Desks in 2018
Cryptocurrencies grew immensely popular in 2017, but throughout the following year, digital asset markets fell sharply in value. However, over-the-counter (OTC) market makers thrived in 2018, with a slew of business models in the industry catering to OTC clients. Also Read: Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon Alternative Billions Swapped Using Over-the-Counter Cryptocurrency Services … Read more
1 in 7 Chinese Have Invested in Cryptocurrency
A survey conducted by Panews has found that 14% of Chinese citizens have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology. Also Read: Skeptical Payoneer CEO Dismisses Idea of Single … Read more
Major American Magazine Time Column Reports About Bitcoin’s Liberating Potential
Bitcoin has a substantial liberating potential, particularly important to people living under oppressive regimes, mainstream newspaper Time reported Go to Source Powered by WPeMatico
Influential Politicians Are Advocating Crypto Around the Globe
Mineable and tradable from anywhere, cryptocurrency is borderless. Its adoption nevertheless hinges in part upon the stance taken by nation states. Politicians have the power to integrate, legitimize and push crypto to the next stage of mainstream adoption. A number of influential politicians around the globe have expressed varying levels of support for digital currencies and blockchain … Read more