The House Financial Services Committee raised concerns over the use of crypto to fund domestic terrorism in the United States in a recent hearing. The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States. In a Jan. 15 hearing, the FSC Subcommittee on National […]
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The president of Venezuela, Nicolas Maduro, has announced that the state-owned PDVSA oil firm will sell 4.5 million barrels of oil for Petros. Venezuela will soon sell oil from reserves of a state-run oil and gas company for its national oil-pegged cryptocurrency, the Petro (PTR). Venezuelan President Nicolas Maduro has signed a decree to sell […]
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Africa is the fastest-growing mobile market and it could possibly make this continent the world’s biggest payment systems based on blockchain tech and unbanked industry. The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African […]
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Singer Akon announced on Jan. 13 that the world’s first ‘crypto city’ — Akon City — is underway in Senegal and would feature Akoin cryptocurrency only. Singer Akon tweeted yesterday, “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future.” The futuristic city Last year, Cointelegraph reported early […]
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The Ethereum Classic Cooperative is warning the public against an apparent scam that is attempting to exploit users the day after the altcoin completed its hard fork. An Ethereum Classic (ETC) development organization is warning the public against a possible scam that is attempting to exploit users the day after the altcoin completed its hard […]
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Bitcoin could have an easy run further into the $8,000 range but one factor, in particular, is putting the brakes on bullish belief, says the trader. Bitcoin (BTC) clinched a third day trading above $8,000 on Jan. 13 as weekend trading failed to take away bullish momentum. Cryptocurrency market daily overview. Source: Coin360 BTC: major […]
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Block.One released EOS.io 2.0, the software underlying the EOS blockchain, adoption date unclear. Blockchain software development firm Block.One released EOS.io 2.0, the software underlying the EOS blockchain. In the release announcement published on Twitter on Jan. 10, Block.One claimed that the update makes the blockchain “faster, simpler, and even more secure.” Major changes to the […]
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Despite strong gains over the past two weeks, Bitcoin’s price remains neutral, suggesting further downside is in store before a strong trend reversal can occur. Bitcoin price (BTC) increased over 10% over the past week, so it didn’t take long for the usual crypto Twitter suspects to start screaming that they are all bullish now. […]
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Crypto traders explain they are not surprised by Deribit’s move to Panama, explaining more companies may follow. Crypto traders see potential for other market platforms to exit after crypto derivatives exchange Deribit announced a move to Panama from its EU base in the Netherlands. “This is something they had hinted at in an interview months […]
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A combination of three critical factors is set to deliver significant gains for Bitcoin investors, predicts Fundstrat Global Advisors. Bitcoin (BTC) can deliver 100% returns to investors in 2020 and may rise significantly in the five months until May’s block reward halving, a new report claims. In its forthcoming 2020 Crypto Outlook, market research firm […]
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