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China blocks access to over 120 offshore digital currency exchanges

US is Losing ‘tech cold war with China’ Says Ripple Co-Founder

Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China, the Cointelegraph reported on October, 7. Speaking at the LA Blockchain Summit conference on October 6, Ripple co-founder, Chris Larsen, slammed the United States for falling behind in the race to design “the next generation of the global financial system.” The address expanded on […]

East vs. West — How Does Cryptocurrency Adoption Compare?

For the East and West, the paths to blockchain and cryptocurrency adoption are not the same and both have their own challenges. Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to 1.26 […]

Bitcoin At Risk of Correction at $9.1k as U.S. Futures Hint a Sell-Off

Bitcoin is holding its intraday gains above $9,100 on Thursday. But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday. The unsteadiness surfaced as China approved a proposal for a national security law in Hong Kong, raising possibilities of a new geopolitical conflict with […]

Digital Dollars, Bakkt CEO Scandal & a Continuing Pandemic: Bad Crypto News of the Week

Bitcoin has continued its recovery. It’s up around 23 percent over the last week, even as the Bitcoin clock continues its countdown. We’re now entering the last 50 days of a 12.5 BTC reward. These are strange times for everyone but despite Bitcoin’s volatility, the digital coin seems to have held up. Marcel Pechman argues […]

After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra

The Financial Services Committee questioned Facebook CEO Mark Zuckerberg for over six hours, the CoinTelegraph reported. While focused on the Libra Association and its planned Libra token, the hearing expanded to touch on a wide range of concerns and controversies surrounding Facebook. The hearing was often contentious, with several members of Congress using their allotted […]

There Are Now More Than 5,000 Bitcoin ATMs Around The World

The total number of bitcoin ATMs (BTMs) worldwide reached 5,000 for the first time, monitoring resource CoinATMRadar confirmed on June 24. According to the latest statistics, there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency users can buy or sell bitcoin (BTC). Some machines offer both services simultaneously.  The data caps a protracted period of growth […]

Bitcoin Price May Skyrocket If China Starts Selling US Treasuries: Forbes

As the US-China trade war continues, Bitcoin price may soar even higher provided that China gets rid of US Treasury bonds, the U.Today reported. The US president Trump continues the trade war with China and chances are high that it may go on to the US bond market field, writes Forbes. Should in this case China begin to […]

Dozens of Crypto Trademarks Filed in the US This Year

General interest in cryptocurrencies is not what it used to be during the all-time highs of 2017 and established companies in the industry have been rethinking their priorities. Entrepreneurship in the crypto space, characterized by ingenuity and optimism, remains strong however. This is shown by the fact that dozens of businesses and individuals in the […]

Bitstamp Granted BitLicense, Will Expand Crypto Services in US

As the CoinDesk announced, Bitstamp, one of Europe’s largest cryptocurrency exchanges, is looking to expand its U.S. operations, having just been issued New York’s latest virtual currency license. The New York Department of Financial Services (NYDFS) awarded Bitstamp the 19th BitLicense Tuesday, allowing the exchange to offer bitcoin, litecoin, bitcoin cash, ether and XRP trading pairs to […]

US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership

United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21. Per the announcement, Seed CX will join the list of supported digital asset trading venues available on the Sigma trading platform offered by Hydra X, which is currently […]