Month: November 2019

While Bitcoin (BTC) is around 17% lower than its local top of $10,500 established late in October, many analysts have concluded that the bull case for the cryptocurrency market is brewing once again. In fact, an analyst recently floated a prediction that the BTC price...

Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready and expects it to launch in two to three months.  During an interview with CNBC published on Nov. 11, Lee...

The cryptocurrency market has been exhibiting bearish sentiments for a while now, except for brief moments when the bulls come out to play. In this scenario, the crypto-trading community is at its wits’ end trying to figure out the best way to create profitable trades....

The Chinese involvement with blockchain is set to increase even further. According to a recent report, the giant country will increase its blockchain investments, which are expected to surpass $2 billion in 2023. The news may not come as a surprise as the total interest...

The Interchain Foundation (ICF) raised $17 million in April 2017 to shepherd the development of the Cosmos network, a system for making blockchains talk to each other. Following the sale of its ATOM token, the ICF has funded a cast of supporting players, like Agoric...

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...

The U.S. Department of Homeland Security (DHS) is contracting Canadian enterprise blockchain firm Mavennet to build a cross-border oil tracking platform. Coming through DHS’s Science and Technology Directorate, and with initial funding from its Silicon Valley Innovation Program (SVIP), the $182,700 contract will see Mavennet...

Wirex, a crypto payment wallet and service company, has announced the launch of a brand new next-generation Wirex Visa Travelcard. The travel card will empower customers across the APAC region to spend multiple crypto and fiat currencies, and earn crypto rewards wherever they travel. All...

Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real Deal on Nov. 1. Shaoul — who is president of the...

The recent days weren’t calm, even for Bitcoin. Following yesterday’s decent price surge to almost $9150, Bitcoin is now trading under $8700 after a sell-off over the past hours. Yesterday, Bitcoin made another bullish weekend move as the price gained over 4% in just an...