PBoC official calls for close supervision of bitcoin exchanges
Mar 08, 2017 06:14 am UTC| Digital Currency
The Peoples Bank of China (PBoC) should continue monitoring domestic bitcoin exchanges, Zhou Xuedong, director of the PBoCs Business Administration unit, said recently. Local news source Sina reported that Xuedong has...
Why 'digital gold' won't ever kill off the real thing
Mar 08, 2017 04:53 am UTC| Insights & Views Fintech
In investment terms, a safe haven is exactly what it sounds like: a place of relative safety when times are tough. Traditionally, safe haven assets have been physical, such as gold and silver, the US dollar and the Swiss...
FxWirePro: BTC/CNY upside capped by 88.6% fibo, good to sell on rallies
Mar 07, 2017 13:16 pm UTC| Digital Currency
BTC/CNY is seen plunging below on Tuesday. The pair has declined sharply after making a top around 8400 level (BTCCHINA). It is currently trading around 7909 at the time of writing. Ichimoku analysis of daily chart...
FxWirePro: ETH/EUR struggles to close above 19, close above confirms further bullishness
Mar 07, 2017 12:45 pm UTC| Digital Currency
ETH/EUR has been trading bit low on Tuesday and the pair has shown a slight recovery after declining till 17.05 levels (KRAKEN). Short term trend is extremely bullish as long as support 16.30 (23.6% retracement of 5.58 and...
Bitcoin debit card provider Wirex raises $3M in Series A funding
Mar 07, 2017 12:36 pm UTC| Digital Currency
Wirex, the financial platform that combines bitcoin with traditional currency, announced that it has secured $3 million in Series A funding round from Japanese leading financial services firm SBI Group. With the new...
FxWirePro: BTC/EUR faces trend line resistance at 1236, break above targets 1275
Mar 07, 2017 11:01 am UTC| Digital Currency
BTC/EUR is trading between 1236 and 1158 for the past five trading sessions (COINBASE). It is currently trading around 1185.99at the time of writing. The overall trend is extremely bullish and any minor weakness can be...
Bitcoin exchange Bitsquare to rebrand as ‘bisq’
Mar 07, 2017 05:14 am UTC| Digital Currency
Bitsquare, a decentralized bitcoin exchange, announced that it has started rebranding its name to bisq as a result of trademark conflicts. In a blog post, Manfred Karrer, founder, and developer at Bitsquare stated that...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned