Russia Central Bank: Crypto Risk To Global Finance ‘Small’

The central bank of Russia has repeated its stance on cryptocurrency in its latest statistical bulletin, claiming its impact on global stability is “small.” No Threat To Financial Stability As the country prepares to issue hard-and-fast regulations on cryptocurrency, ICOs

IMF Official: Central Banks Need to Compete With Crypto

A deputy director for the International Monetary Fund’s Monetary and Capital Markets Department believes that central banks need to offer “better” fiat currencies in order to fend off any potential competition from cryptocurrencies. The suggestions came in an article published Thursday,

Hong Kong Treasury Rejects Notion of a Central Bank Digital Currency

The Hong Kong Treasury decided against the notion of creating a central bank digital currency (CBDC) yesterday, but said that they will monitor the situation. Hong Kong is ‘Already Efficient’ Acting Secretary for Financial Services and the Treasury, Mr Joseph

Consolidation Leans Toward a Strong Bitcoin …

After days of sudden, strong selling, bitcoin has managed to find a local bottom in the low $7000s where it has been drifting around aimlessly. As many traders on Twitter have noted, we have formed a large consolidation pattern called

No Evidence Whales are Manipulating Bitcoin Price: Prominent Trader

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Peter Brandt, a prominent trader and respected technical analyst, believes there is no solid evidence to back up claims that whales and large-scale investors have been manipulating

Bitcoin Nonprofit BitGive Announces New Project and Research …

BitGive — the globe’s first bitcoin-based 501(c)(3) nonprofit — has joined hands with the University of Edinburgh to research and examine the effects of digital currencies on both national and international charities. Both organizations are seeking to develop a stronger,

Ripple CEO Compares Bitcoin to Napster, Says BTC’s Influence on Market Could Lessen

Brad Garlinghouse, CEO of Ripple (XRP), thinks that Bitcoin’s (BTC) influence on cryptocurrency market prices will eventually decrease, CNBC reported yesterday, May 30. Garlinghouse, referring to cryptocurrency as a “nascent industry,” told reporters that “over time, you’ll see a more

Op Ed: Five Things Blockchain Firms Need to Know About the GDPR

This guest post by Laura E. Jehl was co-written by Robert A. Musiala Jr. and Stephanie Malaska of BakerHostetler. Views expressed are those of the authors and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine. This year, we’re

Bittrex to Launch Fiat Trading Options After New Bank Partnership

Seattle-based crypto exchange Bittrex has managed to secure a banking agreement that will allow some customers to trade digital assets directly for U.S. dollars. The company has struck a deal with the New York-based Signature Bank amongst others. Bittrex Hope