Trader Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
Mar29

Trader Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020

San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x Bitcoin — Wanna Double Your BTC...

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US Lawmaker Claims Stimulus Bill Bolsters Fed Secrecy, Pork Funds, and Wall Street Bailouts
Mar29

US Lawmaker Claims Stimulus Bill Bolsters Fed Secrecy, Pork Funds, and Wall Street Bailouts

On Friday, U.S. bureaucrats passed the 2020 stimulus bill, which has become the largest cash injection package ever created by the federal government. However, following the bill making it through the Senate and House, Republican representative Thomas Massie told the public the stimulus bill bolsters a shroud of secrecy surrounding the Federal Reserve. Moreover, within the depths of the bill’s 880 pages, there’s a $454...

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Trump Signs Largest Relief Bill in US History: When Will Americans Get Stimulus Checks
Mar29

Trump Signs Largest Relief Bill in US History: When Will Americans Get Stimulus Checks

U.S. President Donald Trump has signed into law what he calls the largest single economic relief bill in history. “At $2.2 trillion dollars, this bill will deliver urgently-needed relief for our nation’s families, workers, and businesses,” Trump said. Americans are expected to receive stimulus checks of up to $1,200 if they qualify. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It...

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‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
Mar29

‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu

Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central banks’ loose monetary policy infecting the world will bolster the value of financial technologies. Also read: Market Update: Slew of...

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Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
Mar28

Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation

Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It KB Kookmin Bank Registers Trademark for a...

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Singapore Allows Crypto Companies to Operate Without a License for 6 Months
Mar28

Singapore Allows Crypto Companies to Operate Without a License for 6 Months

The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It License Exemption Under Payment Services...

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