Chinese State-Run Newspaper Publishes Bitcoin Introductory Article China’s

Cryptocurrency and blockchain appreciation continue as Xinhua, another state-run media organization publishes a full article about bitcoin. Some commentators opine that the flurry of positive digital currency sentiments in the country is part of Beijing’s efforts to normalize the industry before introducing the proposed digital RMB. Despite these positive signs, trading and initial coin offerings […]

China’s Bitcoin Article May Not be Bullish for Bitcoin; Here’s Why

Yesterday, Bitcoin blew up… in China. As reported by Blockonomi, Xinhua, the leading state-run publication (and the purportedly most-read media outlet) of the People’s Republic of China, released an entire article on Bitcoin. The article, whose title roughly translates to ‘Bitcoin: The First Successful Application of Blockchain Technology,’ was seen by many on Twitter as […]

Bitcoin Futures expire on Friday: What will be the impact on the market?

The expectations are rising as Bitcoin’s Chicago Mercantile Exchange (CME) Futures close this Friday in the middle of the market’s bearish trend. The price of Bitcoin could see a recovery. As the Bitcoin Futures gap closes, short positions increase. The uncertainty about what will be the bottom of Bitcoin’s price, contributes to this trend. The […]

Privacy Coin Grin Deemed Inept After Early Bitcoin Adopter Backs Project

Earlier this year, two altcoin projects, Grin and Beam, made waves in the cryptocurrency community; even some hardline Bitcoin maximalists, known for detesting cryptocurrencies, showed some interest in the project. Also, many claimed that the launch of these new digital assets would spell the end for ZCash and Monero, two privacy-centric blockchains that have long […]