• Bitcoin Week Compression

    Markets Report: Bitcoin seals a week of compression as bulls demand $9,400 close

    An increasingly narrow price compression zone is due for disruption, but influential price factors mean Bitcoin is stuck just north of $9,000

    Bitcoin is ending its latest week’s trading just inches from where it began on Monday, as a major breakout evades the market. Despite fluctuations throughout the week, Bitcoin price performance failed to inspire traders, with a narrow trading corridor characterizing the market.

  • FCA speeds blockchain digital sandbox
    Regulation,  Technology

    U.K. regulator sees need for speed in Coronavirus blockchain solutions

    The U.K.’s Financial Conduct Authority is moving up plans to create a digital sandbox, making it easier and safer for blockchain firms to experiment with projects and platforms tackling the COVID-19 pandemic.

    The United Kingdom’s Financial Conduct Authority has sped up plans to launch a blockchain-focused digital sandbox in response to the coronavirus pandemic. The regulatory body invited innovative firms that are devising ways to tackle the challenges caused by COVID-19 to step up before applications open this summer.

  • COVID-19 spur blockchain adoption
    People,  Politics,  Regulation,  Technology

    Perianne Boring: COVID-19 will spur global blockchain adoption

    The founder and president of the Chamber of Digital Commerce said the stresses the pandemic is putting on global supply chains will accelerate the acceptance and use of digital ledgers

    The COVID-19 crisis will spur global adoption of blockchain, Chamber of Digital Commerce founder and president Perianne Boring predicted. “We’re seeing all kinds of critical systems being stress tested and cracking under the current demands," she said.

  • bitcoin will be mainstream

    Poll: Nearly 40% think bitcoin will be mainstream in a decade

    But, almost they same number of Americans polled by P2P exchange Paxful think BTC and cryptocurrencies in general will have died off by then

    Almost 50% of respondents believe “a triggering event in the traditional financial system” will cause a surge in Bitcoin use—somewhat fitting given how it was invented in the immediate aftermath of the 2008 financial crisis.

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