Archive for November 11th, 2019

Royal Bank of Canada Looking Into Launching Bitcoin Trading Platform

November 11, 2019 | By | Reply | 62 Readers More
Royal Bank of Canada Looking Into Launching Bitcoin Trading Platform

The Royal Bank of Canada is reportedly exploring a cryptocurrency trading platform for in-store and online purchases, as well as for investments. Moreover, the bank is also supposedly looking into allowing customers to open bank accounts that contain digital currencies. Royal Bank of Canada Explores Bitcoin Trading Platform In what looks like a serious step […]

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22 Million Longs Liquidated on BitMEX, Will Bitcoin Price Gain Momentum?

November 11, 2019 | By | Reply | 64 Readers More
22 Million Longs Liquidated on BitMEX, Will Bitcoin Price Gain Momentum?

As Bitcoin price struggles to cross $9,000, over 21MM Longs have been liquidated on leading derivatives exchange, BitMEX in a span of 6 hours. Furthermore, in 24 hours more than 1396 MM Longs and 1449 MM Shorts have been liquidated. Bitcoin Price Struggles to Cross $9,000 Bitcoin bulls have failed to maintain price levels and […]

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Generation QE: How Central Banks Create Money From Thin Air

November 11, 2019 | By | Reply | 73 Readers More
Generation QE: How Central Banks Create Money From Thin Air

This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time to understand the process. The following is an […]

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Airbnb Now Bookable With Bitcoin and Lightning Network via Fold App

November 11, 2019 | By | Reply | 80 Readers More
Airbnb Now Bookable With Bitcoin and Lightning Network via Fold App

Bitcoin payments app Fold now supports home-sharing giant Airbnb, the firm announced on Nov. 11. Now Fold users can get 3% back in Bitcoin (BTC) on every stay and experience booked on Airbnb. $25 and $100 Airbnb gift cards for Bitcoin Airbnb is now listed on its rewards program called Fold Kickbacks. The program supports […]

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Tencent Holdings Gets Approval for ‘Virtual Bank’ Service from Hong Kong’s SFC

November 11, 2019 | By | Reply | 76 Readers More
Tencent Holdings Gets Approval for ‘Virtual Bank’ Service from Hong Kong’s SFC

Not a month into Xi Jinping’s public speech in Beijing, where he praised blockchain technology and asked local government bodies and businesses to start examining their position in the emerging hi-tech field, and we already see Chinese business giants getting ahead of the game.  More specifically, Tencent Holdings, which is considered by many to be […]

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China: Private Companies Preferred over Crypto Firms to Deliver Blockchain says PBoC Head

November 11, 2019 | By | Reply | 65 Readers More
China: Private Companies Preferred over Crypto Firms to Deliver Blockchain says PBoC Head

Well-established private companies are preferred over digital currency and blockchain firms in contributing to the infrastructure for China’s national digital currency DC/EP according to Mu Changchun, Deputy Director at the People’s Bank of China (PBoC), who spoke at the 10th Caixin Summit in Beijing earlier today, addressing the central bank’s ambitious plan to become the […]

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Waves to Create a Hybrid Exchange

November 11, 2019 | By | Reply | 78 Readers More
Waves to Create a Hybrid Exchange

Last week, Waves announced their plans to change their current DEX platform into a hybrid exchange, combining the advantages of a decentralized and centralized platform into one secure and easy to use as a place for users to trade cryptocurrencies on, called Waves Exchange. This new adventure will be developed by a dedicated team with […]

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Coinbase Update Confirmation Requirements

November 11, 2019 | By | Reply | 70 Readers More
Coinbase Update Confirmation Requirements

In a recent blog post by Coinbase, they have announced their confirmation requirements have now changed. The popular crypto exchange has made these changes for four different currencies, including Bitcoin, Litecoin, Zcash, and Ethereum Classic. Coinbase has always had strict confirmation requirements for the mentioned cryptocurrencies above, which meant they did not have a good […]

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Bitcoin Mining Difficulty Sees Biggest 2019 Drop as Hash Rate Spikes

November 11, 2019 | By | Reply | 71 Readers More
Bitcoin Mining Difficulty Sees Biggest 2019 Drop as Hash Rate Spikes

Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows.  As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by around 7% after the network’s latest readjustment.  Difficulty reveals Bitcoin network maneuvering Mining difficulty refers to the effort required for […]

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ETH/BTC Price Grows 7% in the Past 24 Hours, Has the Pair Finally Bottomed Out?

November 11, 2019 | By | Reply | 60 Readers More
ETH/BTC Price Grows 7% in the Past 24 Hours, Has the Pair Finally Bottomed Out?

Ethereum (ETH) price against Bitcoin (BTC) is on the rise as the second largest cryptocurrency pair gained 7% in the past 24 hours. The solid price gains comes amidst a volatile period in the BTC market that saw the pioneer cryptocurrency’s price skyrocket to levels above $9,000 USD before crashing to $8,700 support levels at […]

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