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Ex-Chinese Banking Exec Says CBDCs Will Substitute Cash in Circulation

Source Node: https://beincrypto.com/ex-chinese-executive-says-digital-currencies-will-substitute-cash-in-circulation/
Time Stamp: August 3, 2020 10:26 AM - Modified On: May 21, 2021 - Published By:
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A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”. The push for digital currency: “shouldn’t be confined to such substitution; otherwise, its market competitiveness could be problematic,” ,he said. Yongli is the present director of the Haixia blockchain research institute and previously served at the People’s Bank of China (PBoC) for over

9 Best Crypto Slots of 2020

Source Node: https://bitcoinchaser.com/best-crypto-slots/
Time Stamp: August 3, 2020 8:04 AM - Modified On: May 21, 2021 - Published By:
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Looking for some new and exciting crypto slots to try out? We’ve scoured the online casinos to find you not only the most entertaining, but the best designed and most enticing crypto slots to keep you spinning and winning for hours on end. Enjoy making your way through this list and trying out some new crypto slots you might not have heard about before. Get ready, here are the best crypto slots (in no particular order).9. At The CopaLooking to let your hair down and boogie the night away? At

Ethereum Fights for a Close Above $400 Resistance

Source Node: https://beincrypto.com/ethereum-fights-for-a-close-above-400-resistance/
Time Stamp: August 3, 2020 6:35 AM - Modified On: May 21, 2021 - Published By:
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The Ethereum (ETH) price has reached a massive long-term resistance area near $400. While it briefly managed to climb above this level, it has failed to close above it. The shorter-term trend has begun to show weakness, and a retracement seems imminent before the price can resume its upward movement. Long-Term Ethereum Trend The weekly chart for Ethereum shows that while the price has × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily

Bitcoin Suffers Enormous Drop After Breaking $12,000

Source Node: https://beincrypto.com/bitcoin-suffers-enormous-drop-after-breaking-12000/
Time Stamp: August 3, 2020 5:18 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and a corrective period awaits. The long-term movement, however, still looks healthy. Bitcoin Fails to Close Above Long-Term Resistance During the week of July 27-August 3, the Bitcoin price increased considerably, going from a low of $9,917 to a high × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto

Ledger Client Details Leaked | Bitcoin News Summary Aug 3, 2020

Source Node: https://99bitcoins.com/bitcoin-news-summary-aug-3-2020/
Time Stamp: August 3, 2020 1:00 AM - Modified On: May 21, 2021 - Published By:
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 Some alarming news for Ledger hardware wallet users was announced. The company’s internal records were breached, revealing customer details which include up to a million email addresses. A further 9,500 customers had their full names, numbers, and addresses leaked. While funds secured by Ledger devices are still safe, any users who got an email from the company saying they were affected should be on guard against phishing or even real-world attacks. The perpetrators of last week’s high profile Twitter hack, in which accounts of various celebrities and leaders were

Bitcoin is not Completely Banned in China: Beijing Arbitration Commission

Source Node: https://cryptopotato.com/bitcoin-is-not-completely-banned-in-china-beijing-arbitration-commission/
Time Stamp: August 1, 2020 11:04 AM - Modified On: May 21, 2021 - Published By:
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China has no reservation against ‘Bitcoin activities as virtual commodities,’ the Beijing Arbitration Commission (BAC) said in a report today. The report also added that the country’s laws and regulations ‘do not prohibit’ private possession and legal circulation of BTC.Bitcoin Is Not A Currency, But A ‘Virtual Commodity’Today local non-profit arbitration organization, the Beijing Arbitration Commission, pointed out in a report that Bitcoin cannot be used as a currency. It is not a legal tender and is not issued by China’s apex monetary authority.Overall, BTC doesn’t share the same legal

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

Source Node: https://cryptopotato.com/crypto-price-analysis-overview-july-31st-bitcoin-ethereum-ripple-chainlink-vechain/
Time Stamp: August 1, 2020 11:02 AM - Modified On: May 21, 2021 - Published By:
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BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Bitcoin Whales Are Accumulating More Than 50,000 BTC Every Month: Report

Source Node: https://cryptopotato.com/bitcoin-whales-are-accumulating-more-than-50000-btc-every-month-report/
Time Stamp: August 1, 2020 7:11 AM - Modified On: May 21, 2021 - Published By:
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The latest data suggests that Bitcoin’s recent bullish stint has excited large scale investors. Whales have been accumulating copious amounts of BTC in anticipation of a larger rally. Also, there’s an almost 38 percent increment in Bitcoin addresses holding more than $1 million worth of BTC.Bitcoin Hodler Net Position Change Remains PositiveData from on-chain analysis and crypto market insights provider, Glassnode suggests that Bitcoin’s recent rally hasn’t induced much of a selling reaction from long-term investors.Bigshot market participants are holding tight and eagerly waiting to reap greater profits from further

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

Source Node: https://cryptopotato.com/crypto-price-analysis-overview-july-31st-bitcoin-ethereum-ripple-chainlink-vechain/
Time Stamp: August 1, 2020 7:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Putin Outlaws Crypto as a Payment Means in Russia

Source Node: https://cryptopotato.com/putin-outlaws-crypto-as-a-payment-means-in-russia/
Time Stamp: August 1, 2020 7:10 AM - Modified On: May 21, 2021 - Published By:
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President Vladimir Putin of Russia has signed a new law that will prohibit the use of cryptocurrency as a payment means in the country by 2021. Meanwhile, the Russian government recently deployed blockchain technology for its constitutional amendment.Crypto as Payment to Become Illegal in 2021According to a report by local news outlet RIA on Friday (July 31, 2020), the bill signed by President Putin will prevent citizens from using crypto to pay for goods and services in Russia. The bill will, however, enable transactions via digital financial assets (DFA).Also, government