Tag Archives: Cryptocurrency News

The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out a digital currency very soon, and the Fed Char was clear that the U.S. was doing its best to keep pace. An otherwise dull testimony from Federal Reserve...

It is expected that within the next 6 months, JPMorgan will officially announce the merge of its blockchain system Quorum with that of ConsenSys. The companies are in talks now.JPMorgan Chase & Co, one of the largest banks in the United States by assets, is considering merging its blockchain unit Quorum with Brooklyn based startup ConsenSys. This is according to a post on Reuters posted on February 11 analyzing the deal and its possible outcome.According to the post, the deal is likely to...

The production for the Bitcoin price movements after the halving has been updated. PlanB has explained how BTC price can reach $100,000 in 2021.Bitcoin price started by gaining considerably. A few days ago, the flagship token surged past the $10,000 level before correcting to settle in the upper $9,000s levels. That dip has made some commentators predict that the price will drop below the current yearly lows.But, the author of the most popularly-cited BTC price prediction models, PlanB,...

Tom Lee, Fundstrat’s chief analyst, thinks Bitcoin (BTC) price will reach 40,000 before the Dow Jones reach 40,000. Bitcoin halving is just 89 days away and the world is in crisis – how will this influence the price?Famous trader Tom Lee makes yet another huge prediction regarding the Bitcoin price. This time, he claims that Bitcoin will reach 40,000 even before the Dow index does. Dow currently trades at 29,280. He thinks that, till August 2020, Bitcoin will cost at least 20,000, and then it...

The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...

Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.Xpring, Ripple‘s arm that invests in, incubates, acquires and provides grants to companies and projects run by proven entrepreneurs, is hiring 10 new people. The open positions include a range of jobs from senior infrastructure engineer to director of product management to vice president of developer relations. According to Ripple, Xpring recruitment is a way...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 810. Heute sprechen wir über folgende Themen: Japan forciert Entwicklung von digitalem Yen, Trump Administration nimmt Kryptowährungen ins Visier & Krypto Mining muss nicht reguliert werden. 1.) Japan forciert Entwicklung von digitalem Yenhttps://www.btc-echo.de/cbdc-japan-plant-einfuehrung-von-digitalem-yen-in-wenigen-jahren/ 2.) Trump Administration nimmt Kryptowährungen ins Visier – Secret Service soll...

Japanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system.Led by the head of the Banking and Finance Systems Research Commission at the JLD party Kozo Yakamoto, Japanese lawmakers are pushing for the country to digitize their systems by adopting CBDC. According to Yakamoto, the country should be in the line of creating a Yen Central Bank Digital Currency in the next...

As the world is joining efforts to help with coronavirus treatment and spread, the blockchain technology is now being employed for related insurance payments.Blockchain technology is now seeing some new applications because of the deadly coronavirus. According to a recent report from the South China Morning Post, a mutual aid service known as Xiang Hu Bao has now started using blockchain technology to process insurance claims related to the coronavirus from its many customers.Blockchain Used...

While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.Tesla stock (TSLA) is very easily one of the world’s most popular stocks, at least as far as 2020 is concerned. Prices have jumped so high recently that it has rattled a lot of the market’s most seasoned analysts and even regular traders and investors. Towards the end of last year, many people slowly became extremely bullish about Tesla’s chances....