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BITCOIN PRICE: 6,721.66     HIGH: 6,741.59     LOW: 6,628.74

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Tag: Brexit

New E-money License Lets Coinbase Strengthen its Foothold in the UK

Category: Altcoins, Bitcoin, Business, Finance, News

New E-money License Lets Coinbase Strengthen its Foothold in the UK

Cryptocurrency exchange and wallet service provider Coinbase has bagged an e-money license from the UK’s Financial Conduct Authority (FCA). The new development was revealed by Zeeshan Feroz, the chief executive of the company’s UK division. Feroz explained in in a blog post on March 14 that the new license only covers the company’s fiat activities and not its cryptocurrency transactions….

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London Needs to Embrace Blockchain Post-Brexit to Stay Relevant Says Leading MEP

Category: Blockchain, Finance, News, Regulation

London Needs to Embrace Blockchain Post-Brexit to Stay Relevant Says Leading MEP

The UK’s imminent exit from the European Union (EU) has left some politicians with some uncertainty about London’s future as the leading financial center. Kay Swinburne, a Member of the European Parliament (MEP) for Wales, made her views known as she spoke to the Business Insider on February 13. She believes that UK needs to grasps the blockchain technology after…

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Could Brexit Force Further Fintech and Cryptocurrency Innovation in the UK?

Category: Altcoins, Bitcoin, Business, News, Regulation

Could Brexit Force Further Fintech and Cryptocurrency Innovation in the UK?

The United Kingdom has relied on its financial services industry to drive economic growth for decades. However, in light of the British population’s vote to leave the European Union and, thereby, potentially lose the access to the European Single Market, the UK’s status as Europe’s leading financial hub may wane. Is this for better or for worse regarding the crypto…

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Will a National Cryptocurrency be Scotland’s Solution to a Life After the Pound?

Category: Altcoins, Bitcoin, Commentary, News

Will a National Cryptocurrency be Scotland’s Solution to a Life After the Pound?

Since the United Kingdom voted to leave the European Union in the June 2016 referendum, Scotland’s political leaders have been calling for a second independence referendum to gain separate from the UK. While in the 2014 Scottish independence referendum, the Scottish people voted to remain part of Great Britain the situation has now changed. Many Scots at the time voted…

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Bitcoin Reaches All-Time High Against EUR and GBP

Category: Bitcoin, Commentary, News, Price Analysis, Price pages

Bitcoin Reaches All-Time High Against EUR and GBP

Bitcoin has surpassed its all-time high in two major currencies, the Euro and the British Pound, with popular British broadsheet newspaper ‘The Telegraph’ reporting on this milestone, indicating the growing awareness and interest in the cryptocurrency. While the Dollar is yet to achieve this milestone, the Euro and the Pound look to go into further decline in 2017 and this…

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Central Banks’ Interventions Could Provide Positive Fundamental for BTC-USD

Category: Bitcoin, Commentary, Finance, News

Central Banks’ Interventions Could Provide Positive Fundamental for BTC-USD

The fallout of Brexit has heightened the likelihood of more interventions in currency markets by central banks around the world, representing a positive fundamental theme for Bitcoin going forward. Countries have already been playing a ‘beggar thy neighbor’ strategy by competing to devalue their currencies and gain a larger share of the global export market at the expense of others….

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Dear Britons: Consider Swapping Your GBP for Bitcoin

Category: Bitcoin, Commentary, News

Dear Britons: Consider Swapping Your GBP for Bitcoin

Britain has become the first-ever country to leave the European Union after referendum results showed this morning that the “Leave” campaign trumped with 51.5 percent of the popular vote. In terms of economics, what this means for Britons, and indeed for the rest of the E.U. and the world, will become evident over the weeks and months ahead. But as…

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Is a “Perfect Storm” Brewing for BTC-USD?

Category: Bitcoin, Commentary, News, Price Analysis

Is a “Perfect Storm” Brewing for BTC-USD?

The phenomenal recent performance of Bitcoin, which has briefly broken above the $700 handle today, could continue with a ‘perfect storm’ of events in the next six weeks. The key resistance going forward lies at $710: a break of this level could see the $1000 level achieved in a couple of months. On a technical note, we are currently seeing…

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