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Tag Archives: News

Tron and EOS Are Now among China’s Favourites in Latest Crypto Rankings

It seems that Tron (TRX) and EOS became China’s favorite children, at least if it’s to believe newly published CCID Crypto Ranking. The Chinese Ministry of Industry was always perplexing its selection of criteria, putting EOS up at the top based on its innovation.But let’s start with Tron. The Chinese blockchain platform that was previously under strict scrutiny from Beijing, got its satisfaction last week when Chinese President Xi Jinping gave a speech almost celebrating blockchain. China,...

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Win or Lose, Get Instant Rewards with Bitcasino.io Loyalty Club

Forget the rules about how casino bonuses have been for online gaming. Deposit bonuses and unrealistic, arbitrary wagering requirements got you down? How does getting hard cashback instantly on every bet you make sound like?Because that’s exactly what Bitcasino.io’s new Loyalty Program is going to do: reward every player instantly with real money on every play they make. Win or lose.As the world’s first licensed Bitcoin gaming platform, Bitcasino’s new Loyalty Club is set to disrupt the way...

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Mervyn King: The Recession That Inspired BTC’s Development Could Reoccur

For those old enough to remember the Great Recession that struck the global economy in 2008, we would like to avoid a situation like that again. The economic strife we all felt during those days was enough to put several companies out of business; cause many people to lose their pension plans and their 401Ks and be in debt for most of their lives.We Really Can’t Afford Another RecessionNow, a financial analyst is warning that the Great Recession – which inspired the creation of bitcoin 11...

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Central Bank of China Official Asks Commercial Banks to Adopt Blockchain Technology

Calls for the increased and improved use of blockchain technology are gradually making the rounds because while there are still a lot of places where the technology has been adopted quite considerably, there are still many others that have a lot of work to do. The use of blockchain technology is probably seen more in the financial sector and authorities and governments are gaining more interest.Recently, a call came from an official at the central bank of China, directed at commercial banking...

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Bakkt Hits All-Time High Volume as Bitcoin Price Explodes

Recently Bakkt announced that they had set a new daily record. They traded 1,183 contracts, respectively. One contract equals one Bitcoin, which means that the total volume was around $11 million. Also, this aligned with the recent Bitcoin price surge of 40%. This set people running back to the exchanges to grab a piece of the pie.Also, China news was a big factor in the recent surge in volume and Bitcoin price. China recently announced that they officially will embrace blockchain technology....

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Pinduoduo Surpasses JD.com in Valuation as Chinese Business Is on the Global Front Burner

While this may come as a surprise to many but the less known and less trendy Pinduoduo has overtaken the upscale internet retailer JD.com both in share price and valuation. The share price rose on NASDAQ more than 12% to $39.96 giving it a market capitalization of $46 billion ahead of JD’s $45 billion. This makes Pinduoduo the 4th largest internet Chinese company whose shares are listed in another country with Meituan at $65.572 billion, Tencent at $385 billion, Alibaba at $449 billion. This...

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Bitcoin Price Set to Hit $16,000 by the End Of October

Bitcoin isn’t just the first major decentralized cryptocurrency but also the most popular with the largest market cap and price. Bitcoin also has the largest market dominance and is currently at 68%. Most importantly, however, the king coin a few days ago spiked in a very short time jumped from its low and disappointing levels somewhere around $7,500 and kept surging until its current levels above $9,400. With the new surge, the extremely bullish Bitcoin community regained its somewhat lost...

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Louis Vuitton Owner LVMH Offers to Buy Tiffany for $14.5 Billion

LVMH, the French multinational luxury goods company and owner of the Louis Vuitton and Givenchy brands, has made an official offer to acquire Tiffany & Co., the popular American luxury jewelry retailer. LVMH hopes to expand its business, by taking a direct dive into the United States markets for luxury fashion items and has chosen to do this through Tifanny.According to a Bloomberg report, LVMH is offering $14.5 billion for the acquisition which was noted by certain people who are privy...

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How to Invest Like Bill Gates with Just $10,000

Everybody is familiar with the name of Bill Gates — an American business magnate, the founder of the world’s largest software business Microsoft, and the second richest man in the world. What is the key to his raving success and how can you receive high money if all you have is $10,000? The answer is in our article.Since the establishment of Microsoft in 1975, Gates has held several positions including those of the chairman, CEO and chief software architect. As early as 1987, he was ranked...

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Chinese Projects Rise over 40% after President XI Jinping’s Statement on Blockchain

Photo: UnsplashLast week, while speaking at the Politburo Committee session, Chinese President Xi Jinping asked the country to double-down its efforts in the blockchain space. Xi said that having a strong foundation in blockchain technology, China should accelerate its blockchain development across multiple sectors like poverty alleviation, public services, healthcare, and others.Xi’s statements have caused a stir in the overall cryptocurrency with Chinese projects seeing a massive surge on...

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