Tag: Cryptocurrencies

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Vietnam forms a Blockchain Association to conduct research and make recommendations on regulations.

A newly formed blockchain association aims to assist Vietnam in promoting its digital economy and establishing its place on the global technology map. The...

In sanctioned Russia, the idea of using the digital ruble as a reserve currency has circulated.

The State Duma, Russia's lower house of parliament, has proposed making the digital ruble a reserve currency. Meanwhile, fears have been expressed in the...

Three reasons why Bitcoin’s dip below $56.5K could be the local bottom.

"Expect the unexpected" is the first rule of Bitcoin (BTC) trading. There have been five instances of 20 per cent or more daily gains in the last year, as well as five intraday 18 per cent drawdowns. Compared to recent peaks, the volatility over the last three months has been rather low. Traders new to Bitcoin, whether multibillion-dollar institutional fund managers or ordinary investors are often enthralled by a 19 per cent drop following a local top. Many people are even more surprised by the fact that the current $13,360 correction from the all-time high of $69,000 on November 10 took place over nine days. Liquidations were not triggered as a result of the negative move.Cryptocurrency traders are infamous for using huge leverage, and roughly...

How Blockchain Technologies could help to solve many problems of developing countries.

It is widely believed that blockchain technology can help solve many problems of developing countries. Let’s see few examples in order to confirm this point of...

Christine Lagarde Convinced IMF Could Play Pivot Regulating Cryptocurrencies

IMF head Christine Lagarde’s positive comments on cryptocurrency appear to have inspired a U-turn in traditional finance circles. Lagarde’s suggestion that digital currencies could give fiat-based setups...

Shanghai Losing Cryptocurrency Trading Market

As reported by CCTV news, 17 trading platforms will stop cryptocurrency trading in Shanghai. BTCChina, Binance, SZZC, Lhang, ETCWin, Bitekuang, 51SZZC, Hanbiwang, Bitbill, 19800Net, FreeWillex,...