It was only a couple of months ago when the outlook for Bitcoin trading was decidedly bearish. Futures and options traders at the Chicago Mercantile Exchange were taking positions on contracts that speculated Bitcoin would drop below $40,000. Shortly after Columbus Day, however, the tide turned for BTC thanks…
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Russia's Current Position On Bitcoin
Recent statements made by the Russian deputy minister of finance suggest that regulators are not ready to enforce a strict prohibition on cryptocurrency. During an interview with the Interfax news bureau, Alexey Moisev assured Bitcoin traders that they do not have to worry about breaking the law when they manage…
Youtube Algorithm Eats Another Innocent Bitcoin Bystander
On the same day a few Members of the United States Congress spoke against Bitcoin and other major cryptocurrencies, the YouTube channel managed by Anthony Pompliano was mysteriously deleted before being brought back after a few hours. Pompliano is the founder of Morgan Creek Digital, an investment firm that is…
Here Are Some Interesting Updates on Digital Identity and Cryptocurrencies
Digital identity has been a hotly debated topic in the blockchain space for some time now. Many proponents believe that it is an essential component of any crypto currency ecosystem. On the other hand, many skeptics call it impractical and unrealistic. Regardless of which side you are on, one thing…
CoinSwitch Kuber: Easy Indian Crypto Exchange
On Wall Street, technology startups that reach a valuation of a billion dollars are called "unicorns." SpaceX and Instacart are notable examples of unicorns, and this designation can be easily extended to the cryptocurrency and blockchain development world. One of the most famous crypto unicorns is Bitmain, which…
Chines crypto traders have a major effect on the market
The crackdown on cryptocurrency transactions and token trading in China had an immediate chilling effect on exchange platforms that had no choice but to shut down their operations. Cryptocurrency mining farms were also forced to move out of China; while some of them moved across the border to Kazakhstan, many…