Huobi, one of the major crypto exchanges in China disclosed the latest business data in a report jointly revealed by investment institutions IOSG and Huobi. The report revealed that Huobi currently has more than 15 million users (over 80% are from foreign countries), and the latest DAU...
Adoption comes first for some industry insiders on what would be the main outcome of the rumoured plan that digital payment giant, PayPal, is preparing to support crypto transactions on its platform. If it goes through, they see crypto exposure to PayPal's over 320 million users having an i...
Tension between the U.S. and China is rising again and there is an indication that it could lead to a full-blown financial tussle which could invariably have an impact on the cryptocurrency market. It's likely the U.S. Treasury Department could impose controls on transactions and freeze ...
In time for a Reuters analysis which puts Bitcoin as having outperformed stocks this year, new reports hint at what Bitcoin, as well as other major cryptocurrencies, are being used for. With one claiming they are used more for online purchases while the other cites their use for child porn has ...
Everyone knows the shift is upon us hence central bankers and politicians will throw all of their tools at this problem, sates the CEO of BitMEX exchange in his latest post on a looming reset in the global economy. In the wake of the coronavirus outbreak and its attendant impact on the g...
First discovered in the Chinese city of Wuhan, the Coronavirus is forcing global businesses of all categories to scale back. Given China’s status as a crypto investment hub – it has the most exchanges in the Asia-Pacific region, which in turn has 40 percent of the world’s top 50, crypto ...
The recent release of technology bluebooks has thrown a spanner in the works for those mixing Chinese government's interest in blockchain with cryptocurrencies and digital assets. The books' release, as reported by CCTV, points to how technology has brought more convenience to people in Chin...
A few days ago, the crypto market continues to be depressed after the withdrawal of the price of Bitcoin, but the Chinese cryptos are surging against the trend. Early this month, Chinese cryptos have become the major force of rise, with GXC surgeing up 37% and NAS 46%. Over the past ...
Though with a positive outlook of an improved crypto market in 2019, Bitcoin climbing to its all time high record could face an uphill struggle. The wrangling between the industry's make-up of those who are into Bitcoin for profit and those who stand belief in its technology would drag the marke...
August 7, Taiwan’s ‘central bank governor Yang Chin-long underlines the bank’s role in the digital economy in a forum according to local media outlet United Daily News. He list 6 key points for the central bank to promote creation of new business models as well as changes in consumer paym...
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