Crypto News

PBoC announces to test its digital yuan in two cities.

According to local news reports, the People's Bank of China (PBoC) is partnering with four state-owned commercial banks and three telecom giants to test the digital currency in Shenzhen and Suzhou. China is set to become the first country...

Peter Brandt believes bitcoin is moving towards $100,000 in the long-term.

Well-known crypto analyst Peter Brandt in a recent video, explained that the price of the leading cryptocurrency bitcoin could break its previous all-time high during the next bull run.  https://twitter.com/PeterLBrandt/status/1203481812128948224   Bitcoin is moving towards $100,000 mark According to Brandt, the price of...

What is a Penny Cryptocurrency? List of 10 Best Penny Cryptocurrency

What is Penny Cryptocurrency? The term penny cryptocurrency has been derived from the stock market, which is investing in penny stocks. According to SEC, any stock that is traded below less than $5 per share is a...

Petition to free Ross Ulbricht has crossed 250,000 signatures.

The petition pleading US President Donald Trump to commute Ross Ulbricht's sentence now has gathered more than 250,000 signatures. The petition on Change.org was started in July 2018, and it gathered 6,200 signatures during the first three days.   No charges...

Ukraine passes a new crypto law based on FATF guidelines.

The government of Ukraine has passed a law to regulate cryptocurrencies in the country. The law aims to protect the use of cryptocurrencies from money laundering, frauds, and terror financing.The Ukrainian government is collaborating with one of the worlds...

The new tax form by IRS requires you to reveal your crypto transactions.

The IRS has released a new tax form asking whether a citizen has acquired, exchanged, or sold a financial interest in the virtual currency this year. Earlier, the agency had sent letters to 10,000 people, warning them to pay...

Crypto might take over the fiat system in the next decade, according to Deutsche Bank.

Investment banking company, Deutsche Bank, has published a report highlighting the potential growth of cryptocurrencies in the next decade. According to the report, the forces that have held the current fiat system together now look fragile, and they could...

Congressman who called for a blanket ban on crypto will chair Subcommittee on Investor Protection.

The House Financial Services Committee announced that Democrat Congressman Brad Sherman had been elected by the Democratic Caucus, and further development is subject to approval Democratic Steering and Policy Committee. Sherman will replace Congresswoman Carolyn Maloney.   Chairwoman of the House...

Facebook is positive on Libra’s launch next year amid regulatory pushbacks

According to the Euractiv report, Libra's deputy co-chair and head of policy said Dante Disparte said that they are focused on the launch of stablecoin by the next year. They are positive that the EU regulators will give them...

Ripple once again files a motion to dismiss XRP securities lawsuit.

In a filing with the US District Court for the Northern District of California on Dec.4, Ripple said that arguments made by XRP investors who are suing the issuing company contradict their original claims. Ripple has asked the court...

Latest News

Bakkt officially launches Bitcoin Futures Exchange Products.

Bakkt has become the first exchange to launch the first regulated bitcoin options and cash-settled futures in the United...