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Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto

Switzerland's central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCNSwitzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra.This was revealed by the chairman of the governing board of the Swiss...

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Bitcoin Price Primed for 100% Surge in 2020: Josh Rager

Bitcoin could be on its way to $20,000 next year if a historical trend repeats itself once again, according to crypto trader Josh Rager. | Source: ShutterstockCrypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge 100% in 2020 if a historical pattern repeats itself once more.Bitcoin price could set a new record above $20,000Rager cites a pattern that was last seen in 2015 and 2016....

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Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: ShutterstockOn September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee.A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com)The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain...

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Facebook’s Crypto Scheme Triggers Massive Regulatory Backlash

Facebook's crypto scheme appears to have spurred regulators to take the social media giant's privacy scandals more seriously. | Source: REUTERS / Aaron P. BernsteinFollowing reports earlier today that dozens of state attorney generals were set to officially commence antitrust investigations into Big Tech behemoths Facebook and Google, New York Attorney General Letitia James confirmed that at least one of the companies would indeed face government scrutiny.Unsurprisingly, it's the one that...

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Dazzling Bitcoin Price Run Sparks Forecasts for Fresh 2019 Highs

Bitcoin is looking at a fresh yearly high if support sticks, analysts have claimed. | Source: ShutterstockSince September 2, within four days, the bitcoin price has recovered from $9,500 to $10,700, rising by well over 10 percent against the U.S. dollar.The bitcoin price on a steady recovery since early September (source: coinmarketcap.com)As bitcoin stabilizes above an important resistance level at $10,000, technical analysts anticipate the asset to establish a basis for the next...

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China’s Cryptocurrency ‘Protects’ Legal Currency Yuan: Central Bank Official

China's state digital currency is coming. | Source: ShutterstockChina's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank.Relaying the several key attributes of China's new central bank digital currency (CBDC) Mu Changchun, deputy director of the People’s Bank of China’s payments department, elaborated upon the emerging...

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Wien: Haus of Nakamoto-Gründerin plant Nakamoto Exchange

Seit 2017 gibt es in Wien das „House of Nakamoto“, das erste Ladengeschäft der Bitcoin-Branche. In Amsterdam ist mittlerweile ebenfalls eine Filiale zu finden. Die Gründerin Magdalena Isbrandt verfolgt mit diesem Geschäftsmodell das Ziel, Kryptowährungen das etwas dubiose Image zu nehmen und ihnen den Weg in die reale Welt zu ebnen. Die Geschäfte in Wien und Amsterdam befinden sich entsprechend in guter Lage in der Innenstadt. Seriosität und...

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Wien: Haus of Nakamoto-Gründerin plant Nakamoto Exchange

House Of Nakamoto Wien Seit 2017 gibt es in Wien das „House of Nakamoto“, das erste Ladengeschäft der Bitcoin-Branche. In Amsterdam ist mittlerweile ebenfalls eine Filiale zu finden. Die Gründerin Magdalena Isbrandt verfolgt mit diesem Geschäftsmodell das Ziel, Kryptowährungen das etwas dubiose Image zu nehmen und ihnen den Weg in die reale Welt zu ebnen. Die Geschäfte in Wien...

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Experts Weigh In on This Week’s 10% Bitcoin Price Spike

Bitcoin price has gained this week but what's behind the move? | Source: ShutterstockThis week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday.This was also reflected by an approximate 10% gain for BTC alone; so what was behind the rise?Bitcoin price action this week | Source: TradingViewIn somewhat atypical fashion, the week started on a good note, with bitcoin swelling by $700....

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YouHodler Announces “Zero Commission” on ETH Purchases and more in Campaign to “Make ETH Strong Again”

Crypto-Fiat FinTech platform shows support for Ethereum (ETH) with five new promotional offers to attract ETH “hodlers” and traders to its service. YouHodler, a European based FinTech platform specializing in digital asset backed loans, cryptocurrency to fiat conversion, and buying and selling crypto today announced the start of a new marketing campaign directed at Ethereum (ETH). With five unique promotional offers exclusively for ETH, YouHodler aims to attract new traders and...

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