As the Bitcoin price shows volatility unseen since June, traders anticipate a large move to occur after monthly close on Nov. 1. The Bitcoin price has been showing a high level of volatility following its abrupt increase to $10,600 on Oct. 26, when Bitcoin (BTC) climbed by 43% against the United States dollar on a…
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Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, local tax authorities have confirmed. Over 10 million blockchain-based invoices have been issued in Chinese tech capital Shenzhen, according to the Shenzhen Tax Service, as reported by English-language local news outlet Xinhuanet on Nov. 1. Tencent-developed blockchain platform The tax agency also…
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Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency. Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency. A Fortune report published on Nov. 1 pointed to…
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Markets wobbled as news emerged of problems at Deribit and Coinbase Pro but BTC price contained the fallout, bouncing off support at $9,000. Bitcoin (BTC) returned to $9,300 on Nov. 1 after a period of downward pressure gave away to fresh positive sentiment. Cryptocurrency market daily overview. Source: Coin360 Bitcoin shows firm $9K support Data…
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The WEF has teamed up with seven major metals and mining firms to develop responsible sourcing and sustainability practices using blockchain. Last week, the World Economic Forum teamed up with seven major mining and metals firms to develop responsible sourcing and sustainability practices using blockchain. Specifically, the “Mining and Metals Blockchain Initiative” will include building…
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The French education ministry has introduced a module to its high school curriculum that covers Bitcoin and cryptocurrencies. France is about to introduce an educational module to its high school curriculum that covers Bitcoin (BTC) and cryptocurrencies. In June, the French Ministry of National Education amended its study plan to incorporate the world’s largest cryptocurrency.…
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Binance.US announced that the exchange will now offer its customers the possibility to purchase cryptocurrencies with a debit card. Customers of the United States-based branch of major crypto exchange Binance, Binance.US, can now purchase cryptocurrencies using their debit cards. In a blog post on Nov. 1, Binance.US announced that the exchange will now offer its…
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Argentina’s central bank extends capital controls to ban the purchase of Bitcoin and cryptocurrency using credit cards. After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by…
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CEO of the Zimbabwean Golix cryptocurrency exchange claims to have lost the password to a cold wallet containing 33 Bitcoins. Tawanda Kembo, the founder and CEO of the Zimbabwean cryptocurrency exchange Golix, claims to have lost the password to one of the exchange’s Bitcoin (BTC) cold wallets. On Nov. 1, local news daily iHare reported…
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Data from U.S. crypto exchange and wallet service Coinbase shows that Bitcoin continues to outperform the S&P 500 since 2013. According to a new report by United States-based cryptocurrency exchange and wallet service Coinbase, Bitcoin (BTC) continues to outperform the world’s most popular stock indexes. Coinbase published its latest report on the day that the…
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