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Germany’s Scholz: We cannot accept parallel currencies such as Facebook’s Libra

Facebook’s planned Libra is the most well-known of the stablecoins, a certain form of cryptocurrency backed by assets such as traditional money deposits, short-term government securities or gold. “We cannot accept a parallel currency,” Scholz said during a panel discussion in Berlin. “You have to...

Wall Street Crypto Advocate Says Bitcoin ETF Is A Matter Of When

All eyes may be on the QuadrigaCX imbroglio, but talk regarding the implications that a Bitcoin exchange-traded fund (ETF) could propose have continued. This isn’t without reason. Since the Winklevoss Twins effectively started the race for a publicly-traded crypto fund, deemed a “paradigm-shifting” product...

TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count

Since late November of last year, Bitcoin and the majority of other crypto assets such as Ethereum or Litecoin have continued to plummet to new lows. However, TRON, a cryptocurrency aimed at “decentralizing the web” has experienced solid and steady growth in value. TRON’s positive...

Bitcoin, Ether, and XRP Accepted for $5.5 Million Events Venue

The seller of a $5.5 million property in Carbonear, Canada, is willing to accept payment in any one of 28 fiat currencies or three cryptocurrencies. Those cryptos welcomed for payment of the Stone Jug are the top three by market capitalisation – Bitcoin (BTC),...

SEC Commissioner Asks Gov’t to Amend Regulation For Bitcoin ETF, ICOs

Whether or not financial innovations like Bitcoin could fit inside the parameters of old-school laws became the central point of Hester Pierce’s recent keynote. The U.S. Securities and Exchange Commission (SEC) Commissioner, while speaking at the University of Missouri School of Law, recognized that blockchain-based...

Bitcoin Needs To Reach At Least $7,000 to Save the Mining Industry

The economics of Bitcoin (BTC) is a touchy subject. Case in point, debates regarding the subject matter are the catalyst for some of the project’s leading forks. And while discourse regarding the subject has dissipated, especially as Craig Wright and Roger Ver have gone...