Jerome Powell, Federal Chairman, has accepted the potential threats triggered by the proliferation of digital currencies. He further revealed that the United States is working hard on the Digital Dollar considering the current situation and recent development of Libra, a proposed digital currency by Facebook. Although the US has increased the pace on Digital Dollar, … Read more
The German banks have recently shown a keen interest in the adoption of crypto assets. Bank von der Hyedt has taken one such decision to opt for the Stellar blockchain ecosystem. This German bank has shown preference to utilize the technology of an existing and well-developed blockchain system of Stellar rather than developing its own … Read more
After hovering around a major resistance of $10,000 for some time, bulls were able to propel Bitcoin and lift it upward to this resistance region on Feb 10. After breaking the resistance, Bitcoin witnessed a sudden uprise in the price and touched a high of $10,350, this is the highest increase after the downfall of … Read more
In the ongoing development of the crypto world, another significant innovation is expecting to be added soon. An expecting blockchain-based app could convert millions of American rewards point to cryptocurrencies like Bitcoin and Ethereoum (link) Jeff Sprecher, The founder, and CEO of the Bakkt operator Continental Exchange(ICE) told Fortune “The Internet Should Make it possible … Read more
Cryptocurrencies were initially developed as an alternative to the traditional financial payment system. However, due to different drawbacks and technical obstacles, these currencies are yet to realize the dream of its adoption as a system of payment. According to an analysis published by cryptocurrency exchange Deribit, the cryptocurrency companies are working consistently toward the adoption … Read more
