Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful, the leading Bitcoin peer-to-peer marketplace, has officially withdrawn its crypto trading services from Venezuela after the Office of Foreign Assets Control (OFAC) of the US Department of Treasury classified the country as high-risk. OFAC classifies Venezuela as a “high-risk country” The news was announced by the Paxful team situated in Latin America. The Bitcoin … Continue reading Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

MicroStrategy CEO Michael Saylor From BTC Skeptic to Bitcoin Maximalism

MicroStrategy CEO Michael Saylor went from cryptocurrency skeptic to Bitcoin bull in just seven years, but his eyes are for Bitcoin and Bitcoin only. NASDAQ listed business intelligence company, MicroStrategy has made the decision to use Bitcoin as its primary reserve currency, recently adding to it’s $250 million August BTC investment with an additional $175 … Continue reading MicroStrategy CEO Michael Saylor From BTC Skeptic to Bitcoin Maximalism

Oct 16 Trading Analysis: President Xi's Yawnfest…

Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. If you like the article, please follow us here on Blockchain.News so you won’t miss our future publications.   In … Continue reading Oct 16 Trading Analysis: President Xi's Yawnfest…

New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods

Despite the recent amount of exit scams on dark web platforms, the darknet sector has seen increasing growth, with new marketplaces launching every year. At the time of writing, crypto forensic firm CipherTrace has reported that it has been monitoring over 25 active darknet markets. Dark web platforms appear to have been on the rise, … Continue reading New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Updated 31 October 2020 12:06 pm UTC China’s President Xi Jinping will publish an article on November 1 outlining the President’s strategy for China’s growth through the COVID-19 pandemic and highlights fostering a digital economy and digital currency. China’s General Secretary of the CPC Central Committee, President, and Chairman of the Central Military Commission Xi Jinping … Continue reading Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

China’s President Xi Jinping Killed Ant Group’s $37 Billion IPO After Jack Ma Criticism

China’s President Xi Jinping personally made the decision to stop the world’s largest-ever IPO after Ant Group’s founder and China’s second-richest man Jack Ma spoke out against the country’s innovation-stifling financial regulation and banking system. Fintech giant Ant Group was expected to go public on Nov. 5, until founder Jack Ma provoked regulators in Beijing, … Continue reading China’s President Xi Jinping Killed Ant Group’s $37 Billion IPO After Jack Ma Criticism

One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC). The Mexican billionaire believes that cash is “worth nothing,” as he posted a video showing banks throwing out paper money. He explained in his post that “paper money is worth … Continue reading One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble

Bitcoin maximalist Max Keiser tweeted recently, saying that due to another wave of expansion of the Federal Reserve’s balance sheet, all assets that investors hold are now in trouble, all except Bitcoin and gold. Economists believe that the US Federal Reserve would continue to funnel record amounts of money into the economy to fight the global … Continue reading Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

As China moves to cement its influence in the Asia-Pacific region, Chinese President Xi Jinping has promised to further strengthen cooperation and promote a “digital Silk Road” with ASEAN member states. On November 27, President Xi assured the Asian leaders that China’s top priority is to develop its relationship with the Asean (Associations of Southeast … Continue reading China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens

After weeks of uncertainty for OKEx users about the fate of their locked-up funds, the leading Asian crypto exchange finally reopened withdrawal services at 8:00 am UTC on Nov 26. Less than 15 minutes after services resumed, crypto traders moved 2,822 Bitcoin (BTC) off the exchange, according to on-chain data provider CryptoQuant. Large single-block outflow recorded CryptoQuant … Continue reading Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens

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