China Has Tried Its Best To Contain Decentralized Crypto Industry

China Has Tried Its Best To Contain Decentralized Crypto Industry

China has been issuing ban after ban and policy after policy which doesn’t go in favor of the crypto community at all. There have been certain laws drafted and circulated by China in collaboration with various regulators and monetary offices operating within the country. Locals can’t buy crypto, trade it or do transactions of any kind that involves cryptocurrency as the source of money. International exchanges have been banned from serving the locals, and if they do so, they will lose their license to operate within China. If this was not enough, China has issued a brief statement in which…
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Bit-Finance Review – Why It Would Be A Smart Move To Sign Up With Bit-Finance

Bit-Finance Review – Why It Would Be A Smart Move To Sign Up With Bit-Finance

Bit-Finance Review It will be hard to find individuals these days that are not somehow related to online trading and investments. The main reason for this is because it has become so easy for people to invest in various assets that to the development of online trading firms. With these firms, people can invest in different assets from anywhere in the world without having to go to an investment office. However, since it is a growing trend, there are many firms in the market that should not be trusted. I will recommend and talk about Bit-Finance in this Bit-Finance review…
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US Treasury Department Is In Discussion For Potential Regulation Of Stablecoins

US Treasury Department Is In Discussion For Potential Regulation Of Stablecoins

Everyone in the cryptocurrency community would agree that stablecoins play a crucial role in both the crypto market and industry. However, officials from the United States Treasury Department have stated that there are various risks associated with stablecoins that must be studied in detail, particularly regarding what would happen if an overwhelming number of traders chose to withdraw various stablecoins simultaneously. The U.S Treasury Department realizes that cryptocurrencies have become incredibly popular, and thus so too has the stablecoin market. As such, numerous discussions were had, which still continue to this day, about how to regulate the private stablecoins in…
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Senate Candidate Blake Masters Speaks In Favor Of Bitcoin

Senate Candidate Blake Masters Speaks In Favor Of Bitcoin

The crypto community at large is not happy with the decision of China imposing a complete ban on possession, trading, and mining of Bitcoin. A few months ago, the government of China decided to implement and introduce a detailed ban on the cryptocurrency industry under their jurisdiction. Some of the Bitcoin maximalists have called this act a totalitarian move by the CCP (Chinese Communist Party). On the other hand, many crypto analysts in the United States claim that Bitcoin is going to absorb the shock and come out even stronger from this incident. Blake Masters is one such personality. He…
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U.S. SEC Chief Confirms Support for ETFs

U.S. SEC Chief Confirms Support for ETFs

United States  SEC Chief, Gary Gensler, has confirmed his support for Bitcoin Exchange Traded Funds, citing that the BTC Futures have been around for decades and are backed by the law. The SEC boss stated that ETFs would invest in futures instead of digital assets themselves.  Bitcoin futures enable investors to gain exposure to the market, allowing them to buy and sell assets based on transparent speculation. In an interview with Financial Times on Wednesday, Gensler revealed that products, such as ETFs offering exposures to virtual assets have been around for decades. Several open-end mutual funds invest in BTC futures…
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Chinese Communist Party Does Not Like The Idea Of Decentralization

Chinese Communist Party Does Not Like The Idea Of Decentralization

If you have been following the crypto market, and especially Bitcoin for that matter, then you already know the feud that exists between China and the idea of decentralization. There were times when the region was not only pro-crypto but had the most amazing and functional mining space for cryptocurrencies such as Bitcoin. Then something snapped, and the Chinese government was all against the crypto market and everything even remotely attached to it. At the start of May, the price of Bitcoin started to plummet because of the hash rate, which was cut down because of a severe crackdown issued…
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EcoMarkets Review – Fulfilling your Trading Needs

EcoMarkets Review – Fulfilling your Trading Needs

EcoMarkets Review Have you decided to indulge in online trading? Thanks to the internet and technology, it has become easier than ever for anyone to engage in the financial markets and get the chance to make a profit. We have all heard stories of people who have made their fortunes in this space and now you can also give it a try. But, you have to have a good and dependable broker to get started and this can be bigger than you may expect. There has been a surge in the number of companies operating in the market and it…
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Cardano Has Witnessed Growth After The Completion Of Alonzo Upgrade

Cardano Has Witnessed Growth After The Completion Of Alonzo Upgrade

The mainnet of Cardano was first launched in September 2017. Only last Sunday, the Cardano development team was able to successfully introduce the Alonzo upgrade after 4 years of its inauguration. After the successful completion of the Alonzo Hardfork Combinator Event, the Cardano blockchain is ready to butt heads with the largest blockchain ecosystem Ethereum. Cardano has gone on to describe itself several times as the ultimate Ethereum killer. Thus far, no Dapps has been launched on the network. However, several new contender projects are built as an alternative for the biggest traffic junctions on Ethereum. The impact of the…
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