Fourteen Transnational Banks Plan to Jointly Issue Cryptocurrency to Help Cross-border Transaction

Jun 4, 2019

Since April, Bitcoin has surged from $4,000 to over $8,500, an increase of more than 100%. The driving force behind Bitcoin's astonishing rise is the entry of giants. Fourteen financial institutions, including UBS Group AG, plan to issue "bitcoin-like" cryptocurrency to conduct cross-...

2020 Presidential Contender Andrew Yang is a Cryptocurrency Fancier

May 29, 2019

As the president election of the United States in 2020 is coming, Andrew Yang, a democratic party candidate said that he would accept donations by means of encrypted currencies. Therefore, he got the support from American cryptocurrency circle and blockchain circle. Even The New York Tim...

Five Events are on the Way in Cryptocurrency Circle the Next Half Year

May 28, 2019

For cryptocurrency investors, 2018 is a disastrous year. After the boom in the bull market in 2017, there were calls for "all in blockchain" everywhere. Unfortunately, after reaching a record high in January 2018, the price of cryptocurrency soon fell to bottom, with many coins fell by more than...

Binance CEO CZ Sues Sequoia Capital for Damages

May 24, 2019

Binance CEO Changpeng Zhao is suing VC giant Sequoia Capital for damages, claiming the latter hurt his reputation and stopped him from raising funds for Binance at the end of 2017 “which was a critical time in the market and when there was huge interest in Binance from other VCs and i...

India is Likely to Ban Cryptocurrency according to Recent Policies

Apr 29, 2019

Compared to those countries who spare no efforts in making regulations for Cryptocurrency, India pushing its government in an opposite direction. Early in 2019, Indian government has begun inter-ministerial consultations on drafting the bill on prohibiting Cryptocurrency and regulating offi...

Binance’s BNB Token Sees a Whopping 75% Increase Over the Past Month, Will the Recent Rally Last Long?

Feb 13, 2019

Major cryptocurrency exchange tokens like Binance token (BNB) and Huobi Token (HT) have recorded impressive gains since February, outperforming bitcoin and most of other altcoins. But will their upwards momentum maintain for a long time? BNB, the token issued by the world's largest ...

Tsinghua University Professor Explains Cryptocurrencies’ Fundamental Value as Currency or Asset

Jan 28, 2019

Cryptocurrencies in general have fundamental value though it probably does not justify current prices, a Tsinghua University professor has said while shedding light on some of the motivational needs that he thinks make a cryptocurrency like Bitcoin a currency or an asset at the World Economic ...

Bitcoin This Week: From ETF Withdrawal to Leaked Samsung Smartphone’s Blockchain Wallet

Jan 25, 2019

Attention seems to be quietly shifting from the tendency for a bitcoin exchange-traded fund (ETF) to spur crypto markets growth. Despite its possibility to expose cryptocurrencies to its ~$3.5 trillion market, this week saw the withdrawal of the much-awaited VanEck SolidX bitcoin ETF pro...

Possible Exit Scam? China’s Investors Lost Over 100 Million Yuan in This All-in-ONE Crypto Dapp

Jan 17, 2019

A Chinese man claimed to have been duped into investing in an alleged crypto scam, losing a total of 2 million yuan (about $300,000). The cryptocurrency project known as OneChain amassed hundreds of millions of yuan from thousands of investors through an initial coin offering (ICO) last year...

China’s Analysts Say Cryptos May Not Make a Big Comeback in 2019

Jan 5, 2019

2018 was a rough year for the cryptocurrency space as bitcoin and other altcoins lost some 80 percent in value over the last 12 months. As 2019 kicks off, crypto investors are eager to know whether this year will be better year for the market than 2018. As of today, the the 2018 price rout ...