Bitcoin

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines.

Read More
Institutional Investors Are Officially Entering the Cryptocurrency Market

Institutional Investors Are Officially Entering the Cryptocurrency Market

Now that institutional investors are buying up Bitcoin, what will it mean for the cryptocurrency market? Much of the early draw to cryptocurrencies was the high crypto appeal. No governments back cryptocurrencies. Cryptocurrencies arent standardised against any material commodity.

Read More
Iran Completes Development of Rial-Supported National Cryptocurrency

Iran Completes Development of Rial-Supported National Cryptocurrency

Iran has finalized the development of its national cryptocurrency, which is backed by the local fiat unit, the rial. Once the Central Bank of Iran (CBI) approves its use, the yet-to-be-named digital currency will then be issued to banking institutions for testing in payments, internal and interbank settlements according to local media reports.

Read More
US Federal Reserve Launches Cryptocurrency Index

US Federal Reserve Launches Cryptocurrency Index

The Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world. Federal Reserve Bank of St.

Read More
post thumbnail

Bank of Korea Poll: 40% of Young Adults Enthusiastic About Cryptocurrency

Featured The Korean central bank has released the results of its nationwide poll which includes information about cryptocurrency acceptance. Among 25,011 poll participants, 40 of young adults are eager to possess cryptocurrencies, according to local media.

Read More
Australian Company Issues Loans Backed by Cryptocurrencies – Bitcoin News

Australian Company Issues Loans Backed by Cryptocurrencies – Bitcoin News

A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times.

Read More