#commentary News

Cryptocurrency Strategy Being Worked on By Trump Administration

President Trump Praises Quantitative Easing, Bitcoin Wins

July 4, 2019 by Anthonia Isichei at Bitcoin

Bitcoin bulls believe that the current currency tussle between world leaders will ultimately prove decisive for BTC. Some commentators are even pointing to significant signs of bitcoin becoming a hedge for many investors against uncertainties in traditional markets. President Trump Urges Fed to Counteract Foreign Monetary Policies U.S. President Donald...

Hand Pressing Coinbase Card to Payments Device

The Ultimate Coinbase Debit Card Review

June 26, 2019 by Eddie Mitchell at Bitcoin

The Coinbase Card is here and put very simply, it works. Initially rolled out exclusively to the UK in April 2019, the Coinbase Debit Card has since made its way to six other countries in Europe. Although it’s not the first crypto debit card in existence, Coinbase's solution proves that...

Stephen Moore: Facebook’s Libra Is a New Challenge to Banks

June 25, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Just when it seems the entire world is against Facebook’s Project Libra, Mark Zuckerberg and his team have gotten a new friend in Stephen Moore, an American writer, television commentator, and confidant of U.S. President Donald Trump. Moore has described Libra cryptocurrency as an interesting venture that represents a new...

Congressman Ted Budd Asks for Lower Taxes on Cryptocurrency Transactions

June 10, 2019 by Aisshwarya Tiwari at Regulation

Speaking at the U.S. House Ways and Means Committee on June 4, 2019, U.S. Republican Congressman Ted Budd mentioned two crypto specific bills he hopes would witness unanimous support from the Congress. These bills are titled The Cryptocurrency Tax Fairness Act, and the Virtual Value Tax Fix of 2018. Cryptocurrency...

G20 Finance Leaders Acknowledge Cryptocurrencies’ Technological Benefits for the Financial System

June 10, 2019 by Aisshwarya Tiwari at Regulation

Japan’s Ministry of Finance on June 9, 2019, published a joint statement from the various G20 finance ministers and central bank governors requesting the Financial Stability Board (FSB) to keep a close eye on risks surrounding crypto-assets. The two-day meeting in Fukuoka, Japan, took place over the weekend. Call for...

Indian Government’s Crypto “FUD” Is Unlikely to Cease

June 4, 2019 by Ashwath Balakrishnan at Regulation

The newly formed Indian government, led by Prime Minister Narendra Modi, is unlikely to change their stance on cryptocurrencies despite optimistic viewpoints from local industry leaders. The previous task force recommended a blanket ban, but the newly set up committee has started their research afresh, as reported by Quartz India, June...

Ironing out the Facts: Joe Lubin and Jimmy Song’s dApp Bet

June 1, 2019 by Ashwath Balakrishnan at Ethereum

Ethereum and ConsenSys co-founder Joe Lubin's bet with Bitcoin educator Jimmy Song's bet has been subject to widespread debate. Song, a critic of Ethereum and dApps, bet Lubin that Ethereum dApps wouldn't reach 10,000 daily active users on five different dApps by 2023. IDEX explains the nuances of the bet and...

Cobinhood Founder Dismisses Exit Scams Allegations

June 1, 2019 by Aisshwarya Tiwari at Commentary

On May 29, 2019, Popo Chen, the founder of cryptocurrency exchange Cobinhood cleared the air surrounding the trading platform in stating that reports of the exchange filing for bankruptcy or pulling an exit scam were false. A Series of Unfortunate Events On May 21, 2019, based on Twitter user @SandorReport’s...

Antonopoulos Crypto Success is Not Measured by Adoption or Market Cap

Report: Despite the Resurgence in Price, Bitcoin Sees Little Adoption

May 31, 2019 by Aisshwarya Tiwari at Bitcoin

According to a Bloomberg report published May 31, 2019, bitcoin’s use for economic transactions is still tremendously low despite the recent surge in its price. Not so Bullish Behind the Price It would be fair to say that the recent spike in the price of bitcoin has been largely successful...

German Central Bank Presidents Warns of Digital Currency Blaze

May 30, 2019 by Ashwath Balakrishnan at Altcoins

Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize...

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