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Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.

Wales Eyes Own Digital Currency for Speedy Business Transactions

Wales Eyes Own Digital Currency for Speedy Business Transactions

Wales has set its eyes on creating a complementary digital currency. It has been speculated that it could enhance the nation’s economy by approximately £250m in the next ten years.

Tencent Gets Green Light for Blockchain-Enabled Invoice Standard

Tencent Gets Green Light for Blockchain-Enabled Invoice Standard

Tencent, a Chinese internet giant, has been given the go-ahead by China’s State of Administration of Taxation to generate a draft for a blockchain-powered invoice standard.

Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate

Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate

Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.

Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin

Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin

Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.

Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices

Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices

Shenzhen’s pilot blockchain technology invoice system has reached a new milestone. The program known as ‘fapiao’ which allows the Chinese government to track purchases and prevent tax evasion, has just issued its 10 millionth invoice.

May 18: Are leverage traders waking up from their bad dream on March 12?

May 18: Are leverage traders waking up from their bad dream on March 12?

A sea of green across crypto on Monday Asia morning with BTC recovering close to $10k again from its low on Friday at $9,150. This broad based rally includes some overshoots such as ETH, BSV and BCH all up 6% or more in the last 24 hours. Interesting headline over the weekend that could inflict some short-term pain: another mega $1bn crypto ponzi WoToken has been taken down by the Chinese police.

FinTech in Belt and Road - Transforming French Freight Logistics with Blockchain

FinTech in Belt and Road - Transforming French Freight Logistics with Blockchain

The Belt and Road Initiative (BRI) seeks to improve trade connectivity by upgrading transport infrastructure across much of Eurasia. The undertaking spans a massive geographic area covering as many as 63 countries, accounting for sixty percent of the world’s population and thirty percent of global GDP.

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

4 Reasons Why Bitcoin Surged to $58,000

4 Reasons Why Bitcoin Surged to $58,000

The Bitcoin price has shown green bullish candlesticks for the past 7 trading days. There are four reasons that can serve to explain why BTC's price is surging.

Fifth Belt and Road Summit draws to successful close

Fifth Belt and Road Summit draws to successful close

The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. In response to the COVID-19 pandemic, this year’s summit was changed to an online broadcast. With the new virtual platform helping to overcome geographical boundaries, more than 6,000 participants from about 80 countries and regions attended the event.

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin.

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