The Bank for International Settlement (BIS) has earlier this month, released an annual economic report 2019 and Facebook’s newly announced cryptocurrency project, Libra has somehow made the list of hot discussions. The Bank for International Settlement is an international financial institution owned by central banks which “fosters the International monetary and financial cooperation and serves
BTC/USD rose up from $12,050 to $13,400 by mid-day on Wednesday. Confluence detector predicts four strong support level Bitcoin has been moving up quite rapidly of recent. We have seen several price fluctuations with corresponding resistances and supports at various levels. Bitcoin recorded an incredible percentage rise in price recently and this has caused its
Binance chain testnet is expected to have a hardfork upgrade at block height 24,020,000. The fork is scheduled around 7:00am UTC on the 26th June 2019. The mainnet will also undergo an upgrade a few weeks from now as officially announced by the management. What is Galileo? This upgrade is called “Galileo”, named after Galileo
Popular US bank JP Morgan Chase has announced the starting of its cryptocurrency trial offerings. JPM, as the digital currency is tagged will be offered to corporate users and customers for product reviews and corresponding improvements. JPM was developed earlier this year and finds the application of use for remittances between corporate bodies and bonds
Social media giant, Facebook is far from overcoming the opposition and difficulties posed by the announcements of its global cryptocurrency project, Libra. And now, the UK financial regulators seem to be the next stumbling block! Synergistic regulators The United Kingdom Treasury in collaboration with the Bank of England and other major UK’s financial regulators are
Binance CEO; Chanpeng Zhao (CZ) made public on social media earlier today that the giant cryptocurrency exchange has executed its first margin liquidation on a BTC ($10774.0 +0.13% ) short position. As CZ confirmed this on Twitter, he also took the advantage to educate traders of all classes on a responsible behavior towards high-risk trading.
Japanese Financial Service Agency (FSA) is currently considering the application of Line corporation to launch a cryptocurrency exchange. If events turn out positive, Bitmax, as the crypto exchange is called may be launched in Q3 of 2019. Line Corporation is Japan’s most popular messaging app with a user base of around 80 million local users.