The municipal government of Beijing has unveiled a 20-point plan to accelerate the development and deployment of distributed ledger technologies (DLT) and turn Beijing into both a global and national hub for blockchain tech.According to an announcement published on July 1, the plan seeks to “promote theoretical innovation, technological breakthroughs, talent cultivation,” and “create new economic growth.”The...

Bitcoin has been struggling to break towards the trend line resistance to test it again before the subsequent decline. However, it does not have enough bullish momentum for me to decide to be bullish on the market even near-term. The conditions are ripe for...

The price of Bitcoin (BTC) recorded its strongest Q2 performance in history following a massive plunge on March 13 when the price dropped below $3,600 before eventually pushing above $10,000 over the next three months.Researchers at Skew said:“Bitcoin is having today its third best quarterly close in its young history.”Quarterly performances of Bitcoin throughout the past 6 years....

Bitcoin had a nearly 3,500% return on investment since 2015, 70 times that of five traditional stock markets.According to a June 29 article at investor website Buy Shares, data analyst Justinas Baltrusaitis says from June 26, 2015 to June 26, 2020, the return on investment (ROI) for Bitcoin was more than 70 times higher when compared to the...

Bitcoin is ready to test the previously tested trend line resistance one last time before the downtrend begins. This happened the last time as well when BTC/USD ended up testing the top of the symmetrical triangle for the fourth time before it crashed below...

When Compound launched its governance token, COMP, on June 16, few in the crypto space could have predicted how rapidly it would rise to the top. As Cointelegraph reported at the time, it only took a single day of trading for COMP to become the leader of the decentralized finance rankings. It was a historic moment for any...

Bitcoin (BTC/USD) continued to orbit the 9000 figure early in today’s Asian session as the pair continued to recover from its move to the 8815.01 area during Saturday’s North American session, its weakest print since late May.  Stops were elected below the 8993.44 area...

Hong Kong-based cryptocurrency derivatives exchange BitMEX is launching a new program with benefits for its corporate clients including enhanced security service, and accounting.According to a June 22 announcement on BitMEX’s support page, the exchange is launching a new program for corporate customers, BitMEX Corporate. Accounts on the crypto exchange that are not owned and operated by an individual...

Following the impact that COVID-19 has had on our lives as well as the economy, a need for a better payment system is needed now more than ever.  Due to the fast-changing global landscape across all sectors in the world needing efficient payments, demand is...