Chile Crypto Exchanges Fight Bank Blockade

Chile Crypto Exchanges Fight Bank Blockade

Following the shutdown of three Chilean cryptocurrency exchanges by banks Itau Corbanca, Bank of Nova Scotia and the state-owned Banco del Estado de Chile, the exchanges have taken their grievances to the appeals court in an attempt to overturn the decision. Chile’s largest exchanges, Buda.com, Crypto Market (Crypto MKT), and Orionx are currently blocked from using […]

IMF Chief Acknowledges Bitcoin Benefits, Discusses Potential of Crypto

IMF Chief Gives Bitcoin Nod of Approval

Christine Lagarde, head of the International Monetary Fund (IMF), praised Bitcoin in an official blog post and suggested that cryptocurrencies like it could have real global benefits. Lagarde claims that not only could Bitcoin enable fast and inexpensive transactions, but the underlying technology behind cryptocurrencies, blockchain, could make financial markets safer. She wrote, “Just as […]

Brits Prefer Bitcoin to Pound-Backed Crypto

Brits Prefer Bitcoin to Pound-Backed Crypto

City AM has today revealed results from a poll which indicates that half of Brits would not support the Bank of England (BoE) in launching its own cryptocurrency linked to the Pound Sterling. https://twitter.com/dcyfor/status/986236972682297344 The survey, conducted by research firm D-CYFOR, suggested that UK government punitive rulings on Bitcoin and other cryptocurrencies would make a third of those […]

Bank of Japan Has No Plans for Central Bank Crypto

Bank of Japan Has No Plans for Central Bank Crypto

The Bank of Japan (BoJ) has stated that it had no plans to issue to issue a central-bank digital currency (CBDC). At a recent conference between the International Monetary Fund (IMF) and Japan’s Financial Services Agency on Monday the BoJ’s deputy governor Masayoshi Amamiya suggested that a CBDC could undermine the bank’s two-tier system and […]

NASA Looks to Utilize Ethereum Blockchain Technology

NASA Looks to Utilize Ethereum Blockchain Technology

The US National Aeronautics and Space Administration (NASA) is funding and co-running a research project that utilizes Ethereum blockchain smart contracts in safeguarding deep space travel. The project focuses specifically on implementing the technology in improving space communications, ensuring navigations that take place are safer and more efficient. Should the research developments be successful, NASA […]

Washington Just Got 20 New Bitcoin ATMs

US Capital Just Got 20 New Bitcoin ATMs

In response to significant demand from local users and merchants, Washington DC has installed 20 Bitcoin (BTC) ATMs across the US capital. A Texas-based Bitcoin ATM network, Coinsource, rolled out the machines. In the Maryland and Columbia districts, the machines were added in response to high demand and are being positioned in convenient locations. Other locations such […]

Barclays UK New Ventures Unit to Explore “Disruptive” Themes

Barclays UK New Ventures Unit to Explore "Disruptive" Themes

British bank Barclays appears to be the latest to enter the blockchain arena, with Barclays UK announcing a new ventures unit to study “disruptive technology”. The announcement appeared to dance closely around the blockchain topic without directly pointing to cryptocurrency, explaining its mission to innovate in pursuit of “disruptive” themes within the newly created Barclays UK […]

Bitcoin Price Analysis, 16th April 2018: Prices Back Below $8,000

Bitcoin Price Analysis, 16th April 2018

Bitcoin markets are going through a period of increased volatility with volumes going down. While prices peaked close to USD 8,400 today, support for such levels proved non-existent. The day’s signals A big upward spike pushed prices close to USD 8,400 levels. A sideways trend ensued through a period of decreased volatility through the course […]