Dow tumbles 900 points to end Wall Street’s worst week since 2008

March 20, 2020

Stocks attempted to rally on Friday, but failed, concluding one of the most volatile weeks on Wall Street ever as investors grapple with mounting fears over the coronavirus’ economic blow.

JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases

March 12, 2020

The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.

Bitcoin Hashrate Races to All-Time Highs as BTC Shows Signs of Vitality

March 04, 2020

BTC’s hashrate has been able to surge to fresh all-time highs today, which is a sign of fundamental strength that could mean further upside is imminent.

India’s Supreme Court Just Made an Extremely Bullish Ruling For Bitcoin

March 04, 2020

India’s Supreme Court just struck down a central bank directive that effectively banned Bitcoin and other cryptocurrencies in India, Bloomberg has reported just minutes ago as of the time of this article’s writing.

Trump Calling For Even a Bigger Rate Cut Benefits Bitcoin For This Key Reason

March 04, 2020

Bitcoin stands to gain as ordinary people begin to realize the global financial system is on life support. Signs of trouble stirred yesterday as the Federal Reserve cut rates by 50 basis points. Following this, President Trump then goes to the extreme by calling for further cuts.

JP Morgan Report: Bitcoin Receives More Institutional Interest As Stablecoins Grow In Pupolarity

February 29, 2020

Blockchain and cryptocurrencies expanded their presence and usage in 2019, says JP Morgan. The giant American multinational investment bank filed a comprehensive report regarding the performance of the technology and digital assets in 2019.

Privacy Study: Brave Browser Smacks Down Chrome, Firefox & Safari

February 26, 2020

Used ‘out of the box’ with its default settings Brave is by far the most private of the browsers studied. We did not find any use of identifiers allowing tracking of IP address over time, and no sharing of the details of web pages visited with backend servers.

US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security

February 20, 2020

Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate.

BitPay Launches In-Store Crypto Payments With New POS Partnership

February 18, 2020

Blockchain payments provider BitPay is now taking its service into bricks-and-mortar stores.

Halving Could Mean Doubling - Of Crypto Miners' Costs

February 14, 2020

Bitcoin investors speculate the upcoming halving could send prices skyrocketing to $90,000 or higher. To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.

Six Out of Forbes Top 50 Fintech Companies for 2020 Are in Blockchain

February 12, 2020

Forbes released its Fintech 50 list this week, which included six blockchain companies among the media outlet’s compilation of top financial technology companies. 

Coronavirus Outbreak In China Forces Bitcoin Mining Companies to Shutdown

February 10, 2020

The Coronavirus outbreak in China has taken the world by storm as the world’s second-largest economy is facing major challenges ahead of it. Business operations in china have been impacted several due to this outbreak and Bitcoin mining companies are forced to shutdown their operations as of now.

Crypto Adoption: TravelbyBit Expands Hotel Booking Options with Expedia

February 05, 2020

Online crypto booking travel agency TravelbyBit has announced the integration of Expedia’s hotel list to its booking inventory.

Australia to ban cash payments over AU$10,000 in the name of thwarting crime

February 03, 2020

In October, the Currency (Restrictions on the Use of Cash) Bill 2019 passed the lower house. The proposed Bill, if passed, would essentially block the purchase of goods over AU$10,000 via cash and as the explanatory memorandum [PDF] details, it would also introduce offences for entities that make or accept cash payments of AU$10,000 or more.

Deutsche Bank Expects Digital Currencies to Go Mainstream In Next Two Years

January 29, 2020

The onset of digital currencies is likely to change the face of the global payments industry in the next few years. On Monday, January 27, Deutsche Bank published a report stating that the global economy will see a widespread adoption of digital currencies in the next two years.

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