There have been a lot of optimistic Bitcoin-related predictions lately, and some of them might have seemed too far-fetched for some. A couple of weeks ago, the bulls came back to the crypto market, and since then, everyone's expecting a massive boom in terms of pricing for the digital assets. The $1 million BItcoin model … Continue reading "The $1 Million Bitcoin Model Is Reportedly Not Built To Last" The post The $1 Million Bitcoin Model Is Reportedly Not Built To Last appeared first on Oracletimes. Read More

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China has propelled a yearning exertion to challenge the US strength in blockchain innovation, which it could use for everything from giving computerized cash, to streamlining a heap of taxpayer driven organizations and following Communist Party dedication. The innovation got a vital underwriting from President Xi Jinping a week ago, a sign that the administration sees blockchain as a fundamental [...] The post China Challenges US Dominance in Blockchain Tech appeared first on Coin News Asia. Read More

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China’s Communist Party has started its hotly anticipated Fourth Plenum – a four-day shut entryway meeting that is required to set significant arrangements for a considerable length of time to come and examine emergencies going from Hong Kong to China’s almost 2-year-old trade war with the United States. In the number one spot up to the plenum, President Xi Jinping [...] The post Xi Calls for China to Invest in Blockchain Technology appeared first on Coin News Asia. Read More

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The sudden popularity regarding blockchain technology in China is exciting. However, these positive stories aren’t having the expected effect on Bitcoin’s price. For example, the China Merchants Bank has recently announced that it has made an investment in the crypto wallet BitPie, arguably one of the most popular wallets used by Chinese investors. Even though […] The post Bitcoin Is Approaching the Optimal Buy Zone, According To Analyst appeared first on BeInCrypto. Read More

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The South Indian state of Tamil Nadu is reportedly working on a state-level policy for blockchain technology and artificial intelligence. The Indian state of Tamil Nadu is reportedly working on a state-level policy for blockchain technology and artificial intelligence (AI).On Oct. 31, local news outlet The Times of India Read More

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Institutional digital asset lending firm Genesis Capital added a staggering $870 million in new originations during Q3 2019. The institutional digital asset lending firm Genesis Capital released its Q3 report, which shows a growing demand for cash and stablecoin lending.On Oct. 30, Genesis Capital, a spin-off of over-the-counter cryptocurrency broker Genesis Global Trading, reported that the crypto lending firm saw a sustained growth in the lending business in the third quarter of 2019, where they added $870 million i... Read More

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Bitcoin ETFs have grabbed a lot of headlines lately, with the SEC either delaying or denying applications about the same. Recently, VanEck/SolidX withdrew the applications they had submitted before the SEC, despite the agency having scheduled a date for a verdict on their application. The Director of Digital Assets Strategy at VanEck, Gabor Gurbacs, elaborated […] The post SEC isn’t ready for a physical Bitcoin ETF: VanEck’s Gabor Gurbacs appeared first on AMBCrypto. Read More

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Canadian investment fund manager 3iQ got a green light from the Ontario Securities Commission to offer a publicly-traded Bitcoin fund. Canadian investment fund manager 3iQ will now be able to offer Canadian retail investors a regulated, publicly-traded Bitcoin (BTC) fund.Bitcoin fund available to retail investors by end of yearIn an Oct. 30 press release, 3iQ Read More

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The Chinese government is looking to subsidize blockchain projects, and the city of Guangzhou is leading the charge. The local government announced a fund of 1B renminbi ($150M USD) to bankroll “outstanding blockchain projects.” The positive news from China just continues to accumulate as a major locality in the country announces a blockchain-dedicated fund. Guangzhou […] The post Chinese City Guangzhou Announces $150M Fund for ‘Outstanding Blockchain Projects’ appeared first on BeInCrypto. Read More

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There’s a theory, dubbed “The Halloween Effect” that believes that stocks and other assets like Bitcoin perform best starting from October 31 through May, then they do during the other half of the year. Will Bitcoin price benefit from such effect, or is the idea nothing more than an appropriately spooky superstition for this time... The post Will Bitcoin Price Benefit From The Halloween Effect? appeared first on NewsBTC. Read More

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