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14 Nov

Will Bitcoin Face another Bull Run Thanks to Bitcoin Options and the Upcoming Halving?

By Daniel Zo Bitcoin, Rise, Halving, China, CME Read Comments

Over the last couple of weeks the bitcoin price has expressed intensified levels of volatility, given the fact that its value has increased by $2,000 within 3 days, between the 24th and 27th of October, thus reaching a value of $9,548. However, this bull-run wasn’t long-lived granted that the price has once again decreased to the $8,750 threshold at the time of writing.

This article is meant to serve as an analysis into what triggered this month’s price volatility, while also offering several short and medium-term predictions.


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20 Sep

Facebook Might Not Peg the Libra Coin to the Chinese Yuan

By Daniel Zo Facebook, Libra, China, Yuan, Coin Read Comments

Facebook’s Libra Coin is currently one of the most expected digital currencies, granted its potential of changing the current dynamics of the market. While many members of the crypto community may argue that Libra isn’t a real cryptocurrency due to its centralized architecture, it certainly shouldn’t be ignored.

Recently, Facebook made several statements regarding its upcoming digital currency. For instance, it presented the Libra Association, a select group of 100 individuals who will be responsible for governing the coin, in an effort to ensure that no person holds complete control over its development. As such, any decision regarding the coin must be made by the association, according to its statute.


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11 Sep

The Blockchain Healthcare Market May Reach $1.6 Billion in Value by 2025

By Daniel Zo Blockchain, Healthcare Read Comments

At this time, it is widely accepted that blockchain technology represents a high-value market, thanks to its huge potential. In general, benefits include reduced costs, increased profits, quicker transactions, and overall trustworthiness.

However, it is very likely that blockchain technology will save hundreds of thousands of lives throughout the world, as it is integrated within the healthcare system. To put things better into perspective, a study conducted by Global Market Insights, a consulting firm, concludes that the value of the health-related blockchain market will surpass $1.6 billion by 2025.


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18 Jul

Inside Brazil’s Plans to Ensure that Future Diplomats are Versed in Blockchain Technology

By Daniel Zo Blockchain, Brazil Read Comments

It seems that at this time, more of the world’s countries are acknowledging the potential of cryptocurrencies and blockchain technology. While the regulatory trend is still underway, several nations are taking things one step further, and preparing for a world where crypto and blockchain play an active role in everyday life.

According to recent reports, the Brazilian Diplomatic Academy, named the Rio Branco Institute, has made several changes to its admissions policy, thus also introducing the requirement for candidates to be well-versed with digital currencies and blockchain technology.


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10 Jul

China’s Central Bank Blockchain Financial Trading Platform Processes Over $4 Billion

By Daniel Zo China, Blockchain, Bank Read Comments

While China has actively iterated its negative opinion on cryptocurrencies, the Asian nation is actively looking for ways to implement blockchain technology in its daily financial operations.

According to recent reports, not long ago, the People’s Bank of China (PBoC) has developed a blockchain-based financial trading solution that would be used to process a variety of transactions, with the focus being put on foreign currency exchanges. Now, the system has been in use for a while, and the PBoC recently issued a press statement, mentioning that the blockchain platform has processed over $4.36 billion-worth of foreign exchange transactions.


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01 Jul

Recent Changes on Cryptocurrency Legislation in Iran, Russia and Malta

By Daniel Zo Malta, Russia, Iran, Blockchain, Mining, Ban Read Comments

The worldwide cryptocurrency and blockchain regulatory framework is undergoing constant changes, backed by big perspective differences, resulting in friendly and anti-crypto laws.

As such, this article will cover 3 recent developments on the crypto regulatory trend, being carried out in Iran, Russia and Malta.

Iranian Crypto Miners Are Threatened with Power Cuts

Not long ago, Iran’s Deputy Energy Minister has shared his opinion on digital currency mining, and states that miners should be charged higher rates for their power usage. At that time, he also mentioned that subsidies should be cut to zero.

Unfortunately, the situation has gotten worse. Based on this, Iran’s state-sponsored power company, Tavanir, has warned cryptocurrency miners that they will be detected and that power cuts will be carried out. The argument behind this threat is that Iran’s power consumption has reportedly increased by 7% on a yearly basis, due to the vast increase in local crypto mining operations. Additionally, a new framework that makes utilizing the national power grid for mining operations has been implemented.


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25 Jun

Inside SWIFT’s Blockchain-Based Payment Platform for Banks

By Daniel Zo Blockchain, SWIFT Read Comments

Blockchain technology has often been well-praised for its ability to facilitate instant cross-border transactions. However, at this moment in time, while most banks are researching the benefits of blockchain, no system of this kind has been implemented yet.

A recent announcement made by SWIFT, the world’s biggest global interbank messaging platform, may make blockchain-based bank-supported cross-border payments a reality. As such, the SWIFT announcement mentions that blockchain firms will soon be able to leverage the Global Payments Innovation (GPI) platform to carry out instant payments.


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17 Jun

Inside India’s Plan of Jailing Cryptocurrency Users

By Daniel Zo India, Cryptocurrency, Ban Read Comments

At this moment in time, many of the worlds countries have opened up to the cryptocurrency market, whereas some have also introduced laws meant to regulate the industry. As such, the number of crypto-friendly countries is steadily growing.

Despite this aspect, recent reports indicate that India’s stance against digital currencies is slowly, yet surely getting worse. With this in mind, an inter-ministerial panel, put in charge with drafting up a regulatory framework for the cryptocurrency market, has reportedly proposed 10 years jail punishment for anyone connected to Bitcoin and other digital currencies.


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12 Jun

Russia and Iran Plan to Stop Supporting the Crypto Mining Industry

By Daniel Zo Russia, Iran, Mining, Crypto, Ban Read Comments

Despite the increased popularity of cryptocurrencies, the mining industry is still struggling in several countries. As part of this article, we will cover two recent developments that have taken place in Russia and Iran.

Russia Planning to Introduce Administrative Penalties for Crypto Miners

With this in mind, recent reports indicate that the Russian State Duma is currently debating whether administrative responsibility should be introduced for the local digital currency mining market. According to Anatoly Aksakov, the chairman of the Duma’s Financial Market Committee: “I note that any operations with cryptocurrency that are contrary to the Russian legislation will be considered illegitimate. This means that mining, organizing issuance, circulation, creating exchange points for these tools will be prohibited. Administrative liability in the form of a fine will be incurred for such actions. We believe that cryptocurrencies created on open blockchains such as bitcoins, ethers, and others are illegitimate tools.”


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09 Jun

Facebook Announces Development of Centralized Cryptocurrency

By Daniel Zo Facebook, Cryptocurrency Read Comments

During the last couple of years, the cryptocurrency market has grown exponentially. Yet, this increase in popularity brought along several new fintech trends, including the emergence of central bank digital currencies (CBDCs), tokens, and now, social media cryptocurrencies.

Recent reports indicate that Facebook has been actively working on its cryptocurrency ambitions for a while. Rumours discussing an internal crypto-related project have first appeared last year, when it was revealed that Facebook was seeking a $1 billion funding for Project Libra, the social network’s digital currency.


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