• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin sheds 4% on the day as markets face down coronavirus

    A new strain in the United Kingdom rattles stocks and Bitcoin fails to escape the deteriorating mood after hitting all-time highs

    Bitcoin is proving a difficult trade on December 21 as a new week begins with instant volatility after new all-time highs over $24,000. After setting records across exchanges at the weekend, Bitcoin is feeling pressure as Wall St. opens for Monday trading.

  • 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.