EXCHANGES

Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

[ad_1] Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, giving refugees from the country and Colombian citizens access to cryptocurrencies like BCH, DAI, and BTC. Also
BLOCKCHAIN

Drafted “Keep Big Tech out of Finance” Act Surfaces Days Before Libra Hearings

[ad_1] A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services Committee. The document reads: “A large platform utility may not establish, maintain, or operate a digital
EXCHANGES

Ripple Executive Reveals Strategy to Transform Cross-Border Payments, Boost XRP and Grow Blockchain Ecosystem

[ad_1] During a recent meeting hosted by Amazon Web Services in New York, the director of strategic growth at Ripple’s investment arm Xpring, Vanessa Alexandra submitted a report of the firm’s overall strategy. Alexandra stated that the firm is striving to grow the whole blockchain industry as well as improving cross-border payments and use of the XRP, the third largest cryptocurrency by market cap. She said: “From an industry standpoint,
EXCHANGES

Incoming President of the European Central Bank Calls Crypto ‘Disruptive’, Ripple and Circle ‘Helpful’

[ad_1] Based on a recent report, the next president of the European Central Bank (ECB) Christine Lagarde who is known for her respect for the abilities of crypto has made some new crypto related comments. Lagarde who is currently managing director at the International Monetary Fund (IMF) has shown her support for crypto exchanges like Circle and Ripple. She is going to be the first female ECB president and she
EXCHANGES

Binance CEO: Retail Investors, Not Institutions, Are Leading the Bull Market

[ad_1] Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and the infusion of institutional funding would drive Bitcoin towards $30,000 and possibly $50,000. Of
BLOCKCHAIN

Republic of Georgia Exempts Cryptocurrencies From Value-Added Tax

[ad_1] Republic of Georgia has exempted cryptocurrencies from value-added tax (VAT), as Bitcoin.com reported on July 13.Per the report, Georgia’s finance minister Nodar Khaduri recently signed a bill aimed at regulating the taxation of entities that trade or mine cryptocurrencies. The bill entered into force at the end of June. The definition of decentralized currency that the bill puts forward is reportedly the following:“Cryptocurrencies are digital assets that are exchanged
EXCHANGES

Binance Coin Price Analysis: Bulls Eye Reversal on 4-Hour Chart

[ad_1] Since the 13th of June bears have caused Binance Coin to pull-back down from the highs of 0.044 sats down to visible lows around 0.024 sats, resulting in a 45% correction. Short-term timeframes are starting to indicate that a potential reversal could play out over the coming days. BNB/BTC 4 Hour Analysis On the 4 Hour chart for BNB/BTC we can see a wedge has formed around current market
EXCHANGES

South African Payment Gateway Drops BTC Over Fees and Network Congestion

[ad_1] On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments Network Congestion and High Transaction Fees Force Payfast to
EXCHANGES

Japan’s Top Regulators Sets Up Working Group Dedicated to Facebook Libra Coin

[ad_1] Financial regulators globally are expressing their misgivings regarding the effect that social media giant Facebook’s cryptocurrency Libra will have on the financial industry. The latest in the long list of panels and committee put in place to monitor cryptocurrency is that of Japanese regulators. Japan’s top regulators which include the Ministry of Finance, the Financial Services Agency, and Bank of Japan are working together to create a working group
BUY/SELL

Bitcoin Falls under $11,450 as US Stock Market Sees Minor Downturn

[ad_1] Saturday, July 13 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $11,450 mark again.Market visualization courtesy of Coin360Bitcoin is currently down by over 1% on the day, trading at around $11,430 at press time, according to Coin360. Looking at its weekly chart, the coin is up by almost 3.8%.Bitcoin 7-day price chart. Source: Coin360As Cointelegraph reported