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Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin breaks below $9,500, a crucial support level, a day after breaching it to the upside. The cryptocurrency pared its intraday gains ahead of Donald Trump’s retaliating press conference on China’s national security law for Hong Kong. Its downside move laggingly tailed a similar price action in the S&P 500. The U.S. benchmark closed Thursday down 0.2 percent. Bitcoin traded …
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Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies.” The People’s Bank of China adjusts the rate …
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MarketCap24hr March1st

Coinbase Now Supports Tezos Staking Rewards for UK and Some EU Users

Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries. Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European countries.In an announcement on May 28, the exchange revealed that users in the U.K., France, Spain and the Netherlands are …
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Central Bank Of Russia Is Preparing To Launch A Blockchain-Powered Digital Mortgage Platform

The Central Bank of Russia is reportedly developing a digital mortgage platform powered by MasterChain, a domestically developed blockchain.First Deputy Governor of the central bank, Olga Skorobogatova says that MasterChain has recently begun to support digital mortgages, which will provide the foundation for their platform.MasterChain is a permissioned, Ethereum-based blockchain launched in 2017 by the FinTech association and is reportedly …
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Coinbase Set To Acquire Crypto Brokerage Tagomi

As part of its evolving strategy for institutional investors, Coinbase is acquiring the Peter Thiel-backed crypto brokerage Tagomi.Increasing numbers of hedge fund and macro investors led to Coinbase reaching an agreement to acquire Tagomi.A rise in institutional clients has prompted Coinbase to add new features to its exchange service such as margin trading.Prior to being acquired, Tagomi was viewed as …
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Featured Exchange - Coinmama.com

Featured Exchange - Coinmama.com
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