China has kept a relatively hawkish stance on cryptocurrencies, refusing to give up the power to a digital asset that would completely undermine the rule of the party. Instead, the country has focused on working around cryptocurrencies by banning them flat-out. However, China has been prescient enough and in its attempts to extricate itself from the current financial order, the country has sought ways to completely overhaul the established financial order instead. The upshot is quite telling. Today China spearheads the digital revolution completely unabashed.The Chinese Status Quo
China has been toying with the idea of bringing around a digital revolution for a [...]
Cryptocurrencies come and go, quite literally at that. Now a new breakaway from the pack may be shaping up. Enter EOS, one of the majority’s funnest cryptocurencies to enter the fray for digital recognition.
The digital coin was launched back in 2017 when little suggested that it may explode in the way of profitability and generate a significant uptick. With Coindesk predicting a similar future for the coin, though, now more experts than ever are focusing on what EOS may bring the world of crypto and investors are now exploring all the possibility.Speaking of EOS Highs
Let us first examine the price tag there. EOS may have started moderately, but it has [...]
Cryptocurrencies are slated to be a big deal in the future of how America runs its day to day transactions. This may, of course, prove elusive. However, Bank of America Chief Technology Officer Cathy Bessant finds it a bit difficult to believe that cryptocurrencies may enter the mainstream without too much trouble.What bothers Bessant?
Bessant estimates that the lack of ‘transparency’ is the main issue with investing too readily into cryptocurrencies. The lack of a regulatory network is certainly disconcerting for a number of reasons. Let us start simple. The inability to trace digital assets is the first and most important red flag that industry players are [...]
In the world of cryptocurrencies, a lot has been going on. Cointelegraph, a respected, cryptocurrency edition that covers the latest happenings in the world of ephemeral gold has been the champion of crypto the world over.
Other services have emerged in a bid to sustain the industry. From evocative crypto platforms that are designed to address a variety of problems to more zany takes on other issues that we face on day to day basis.
Apart from that, a new behemoth has emerged – enter Bloomberg’s crypto index.Bloomberg Launches the Index
As the interest in cryptocurrency increases, you will see that Bloomberg is now on the job. The Bloomberg Galaxy [...]