Digital Assets

Online Retail Giant Amazon and Coronavirus Pandemic

Amazon to launch its own cryptocurrency to compete with the Bitcoin fever

The Bitcoin marked a new record. On Wednesday, the largest cryptocurrency increased almost 6% to around $51,431. The “Bitcoinmania” does not stop. More and more large international companies are looking to launch their digital currency to compete in the market.  Amazon, the biggest e-commerce company, is currently working on a digital currency project in Mexico. This initiative …

Amazon to launch its own cryptocurrency to compete with the Bitcoin fever Read More »

bitcoin korea

Bitcoin may hit $100,000 by the end of the summer this year

On February 12, Bitcoin, the largest cryptocurrency globally, hit an all-time high of $49,000. This happened after BNY Mellon became the latest firm to adopt cryptocurrencies. According to BNY Mellon, it will form a new unit to help clients hold, transfer and issue digital assets. Significantly, on Thursday, the dominant cryptocurrency was trading between $47,000 …

Bitcoin may hit $100,000 by the end of the summer this year Read More »

admiral markets

Malaysian Financial Regulator Warns Admiral Markets Clone

Malaysia’s financial regulator has blacklisted another group of FX and investment websites. Admiral Markets’ European authorization does not entail passporting rights to promote its products in Malaysia. The regulator cited their brands as unauthorized to operate in the country.  The most notable to the Securities Commission (SC) warning list is the clone firm that claimed …

Malaysian Financial Regulator Warns Admiral Markets Clone Read More »

BITCOIN PRICE UP

Bitcoin price may increase to $12,000

According to the latest news, financial stimulus packages bolster the stock market and cryptocurrencies. On April 11, the first round of checks worth $1,200 was deposited directly into bank accounts. A week later, Brian Amstrong, the CEO of Coinbase, pointed out that the deposits of $1,200 on Coinbase were growing. Now, Washington is discussing whether …

Bitcoin price may increase to $12,000 Read More »

bitcoin

Bitcoin Price Could Hit a New 2020 High

According to the latest news, the world’s most enormous cryptocurrency, Bitcoin, could hit a new 2020 high if bulls hold the value above the key multi-year resistance at $11,500. Moreover, the U.S. Securities and Exchange Commission has shot down several Bitcoin (BTC) exchange-traded fund applications during the past three years. This action destroyed many investors’ …

Bitcoin Price Could Hit a New 2020 High Read More »

Feds Turn to Crypto Assets for the Unbanked

Feds Turn to Crypto Assets for the Unbanked

The Federal Reserve plans to save its unbanked against the novel coronavirus. Because of this, US politicians are now considering the use of “crypto dollars” as a currency amid the COVID-19 economy. According to the House Financial Services Committee Chairwoman Maxine Waters, legislative text called financial institutions to provide digital wallets. These wallets will provide …

Feds Turn to Crypto Assets for the Unbanked Read More »

Middle Easterners, Recommended the Use of Digital currency

Middle Easterners, Recommended the Use of Digital currency

In the midst of plummeting value in both oil and stock markets, Middle Easterners are turning to digital currencies for safety. The sudden oil price war between Saudi Arabia and Russia battered public confidence for these assets, experts believe that now is the best time to expand digital portfolios in the region. Digital assets’ accessibility, …

Middle Easterners, Recommended the Use of Digital currency Read More »

ESMA Shift Focus on Digital Assets

ESMA Shift Focus on Digital Assets

Following the US Securities and Exchange Commission (US SEC), the European financial regulator announces its focus on digital assets this year. The European Securities and Markets Authority (ESMA) published “Strategic Orientation 2020-22” with promises to address concerns about cyber dangers. As risks arise from digitalization, ESMA stresses the importance of studying them. The organization aims …

ESMA Shift Focus on Digital Assets Read More »

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.