China’s Central Bank Supports Blockchain, but Here’s Why It Won’t Impact Crypto Prices

The People’s Bank of China (PBOC) and the Shanghai commerce commission have issued a joint statement signaling their support for blockchain use in commerce. China Goes All-In on Blockchain According to the agencies, decentralized technology can be used in trade finance to resolve asymmetries and validate transactions. In the published document, the two government institutions […]

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Tron Investors Need to Worry About Binance’s TRX Death-Grip

Binance appears to be using its TRX stockpile to vote for itself as a TRON Super Representative and then scoop up the majority of the TRON block rewards. The TRONSCAN website reveals the No.1 TRON Super Representative (SR) to be Binance’s recently launched staking address. After launching mere days ago, the Binance address has already […]

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Maduro Mandates Petro-Financed Public Housing Scheme in Venezuela

Venezuelan President Nicolas Maduro has mandated that the country’s oil-backed cryptocurrency, the Petro, must be used to fund the ‘Great Housing Mission Venezuela’ social housing program. Ildemaro Villarroel, the minister of popular power for habitat and housing – the department overseeing the housing project – confirmed that the program will be funded using the Petro. […]

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Spencer Dinwiddie to Tokenize His NBA Contract; Pro Athletes Should Follow Suit – CCN.com

On September 13th, CCN reported that Brooklyn Nets point guard Spencer Dinwiddie plans to convert his $34 million contract into digital tokens. The move allows the NBA player to receive a lump sum payment as investors purchase the digital asset. Spencer Dinwiddie will lose out on some future income to pay investors. However, the lump […]

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Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting

A $10 billion wealth advisor predicts the next Fed rate cut will launch the bitcoin price to a new yearly high. There’s just one problem. | Source: Jim WATSON / AFP (i), Jan von Uxkull-Gyllenband/Shutterstock (ii). Image Edited by CCN. The Federal Reserve will hold its next policy meeting tomorrow, and analysts predict that the […]

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Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto – CCN Markets

Switzerland’s central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCN Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path […]

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Jack Dorsey Rejects Twitter Crypto Concept to Passionately Back Bitcoin – CCN Markets

Bitcoin’s the best bet for a cryptocurrency, says Twitter CEO Jack Dorsey. | Source: Photo by Prakash SINGH / AFP As Facebook’s Mark Zuckerberg faces a firestorm of criticism for his Libra project, another prominent social media billionaire is staying on the side-lines. Jack Dorsey made it very clear in an interview with the Sydney […]

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Facebook’s Libra Backers Are Having Second Thoughts. No Surprise Here

Facebook’s Libra may have some early ship-jumpers as some of its first backers are reportedly distancing themselves from the project over regulation. | Source: AP Photo/Marcio Jose Sanchez, File By CCN Markets: Facebook’s Libra project could be dead on arrival. If it does launch, it probably won’t be anything like what was originally proposed by […]

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Asset Manager Boldly Claims Every Institutional Investor Will Buy Bitcoin

The range-bound bitcoin price could jump higher if Anthony Pompliano’s prediction turns out to be true in the long run. | Source: Shutterstock By CCN Markets: The bitcoin price has been going sideways for nearly two months now, but crypto bulls believe that rising institutional interest could lead to a breakout. Bitcoin price has been […]

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Did Bitcoin’s Most Controversial Twitter Handle Just Change Hands?

The @Bitcoin Twitter handle appeared to switch allegiances when it deleted old pro-BCH posts, and redirected the Bitcoin whitepaper. But why? | Source: Shutterstock By CCN Markets: The long-running conflict between Bitcoin (BTC) and Bitcoin Cash (BCH) supporters took another turn on Monday. The @Bitcoin Twitter handle, which previously showed support for the BCH community, […]

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