Central Bank in Russia Started Testing Stablecoins in a Regulatory Sandbox
27.12.2019
In a recent development, the Bank of Russia has declared that it has started testing stablecoins in the regulatory sandbox. The Head of the Central Bank, Elvira Nabiullina, remarks that the financial regulator through the Sandbox is observing how stablecoins can function, regardless the bank...
Bitcoin and Altcoins Confined In Crucial Range, Bulls Struggling
27.12.2019
Recently, bitcoin price spiked above the USD 7,250 and USD 7,350 resistance levels. However, BTC/USD was rejected near the USD 7,400 level, resulting in a fresh decline. The price trimmed gains and it is now (09:00 UTC) consolidating near the USD 7,200 level.
Likewise, most major altcoins are back...
South Korea Forms Task Force for Central Bank Digital Currency Research
27.12.2019
The Bank of Korea will organize a task force dedicated to central bank digital currency research in 2020
Bitcoin Price Holds Above $7.1K as Trader Eyes Q1 2020 Bottom Forming
27.12.2019
Bitcoin traders forecast a slow downtrend into 2020 as markets stay steady
Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases
27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...
Will Stellar (XLM) Continue the Bearish Downturn for the Short-term?
27.12.2019
Stellar price was one of the few coins which had withstood the bear pressure with great gusto. The 3-month price trend shows the price starting below the baseline, but after a few days, the coin picked up steadfastly. However, the bears got the better of the coin near the end of the 3-month and...
Tesla Secures $1.6 Billion Chinese Credit for Its Shanghai Factory
27.12.2019
As the whole world has become wary of the developments in the US-China trade war front, finally, there is a positive light on that issue. After choosing China as its first manufacturing unit outside the United States, Tesla has inked a loan agreement worth 9B Yuan (1.29B USD) recently. As...
Tron (TRX) Initiates a Price Recovery; Resistance May Come at $0.0136
27.12.2019
Tron has been able to show a moderate recovery over the last 24 hours. It has witnessed three major price swings in this period and made an overall gain of a marginal 0.56%. The range of the swings lies between $0.0130 and $0.0138. TRX coin is currently being traded at $0.01331587. Tron Price...
Dogecoin’s Price Trend Strengthens; Resistance at $0.002088 is Likely
27.12.2019
Dogecoin managed a hike of 0.067% on the last day where the market is reeling under huge pressure Dogecoin has maintained its value above $0.00201. Even amidst huge volatility in the market, DOGE managed a hike of a marginal 0.067% in the last one day. It has shown three major price swings in...
Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies
27.12.2019
The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read:...
India's Payments Platform Varja Gets the Blockchain Ball Rolling
27.12.2019
NPCI of India is going with blockchain to minimize processing time, secure digital payment process and faster dispute resolution
Bitcoin Gained 8.9 Million Percent Over the Last Decade
27.12.2019
2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....