Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says

Bloomberg’s market experts consider that Bitcoin’s low volatility levels signal the coin is finding a price bottom. Bloomberg’s analysts have joined the ranks of experts who consider that Bitcoin (BTC)’s low volatility levels recently signal the coin is finding a bottom, according to an analysis published Oct. 24. Data analyzed by Bloomberg reveals that in […]

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Don’t ‘Disadvantage’ Emerging Tech Like Blockchain, Says U.S. Telecoms Authority Chairman

U.S. telecoms regulator argues innovation in the telecoms industry should face a “level playing field.” The U.S. should not “disadvantage” emerging technologies such as blockchain due to “antiquated” regulations, the head of the country’s telecoms regulator told Indian daily news outlet Indian Express Friday, Oct. 26. Speaking while attending the India Mobile Congress 2018, Ajit […]

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Chinese Arbitrator Reaffirms That Bitcoin Can Be Held, Privately Transferred as Property

A Chinese arbitration court has ruled that “there is no law or regulation that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin.” An arbitration body in China has ruled that cryptocurrencies such as Bitcoin (BTC) are legally protected as property, in a case published Oct. 25 via the arbitrator’s WeChat account. The […]

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Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking

Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage. U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the […]

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Vietnam’s Largest Telecoms Company Enters Blockchain Sphere, Aims to Be Industry Leader

The innovation wing of Vietnam’s largest telecoms operator Viettel aims to become the country’s leading blockchain provider in the next five years. The Viettel Enterprise Solutions Corporation has set a goal to become Vietnam’s leading blockchain technology provider in five years, local news outlet Viet Nam News reported Oct. 25. The Viettel Enterprise Solutions Corporation […]

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