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Cryptocurrencies Perform Worse as They Grow More Popular, BIS Report Claims

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There are plenty of different opinions on cryptocurrencies. It is difficult to find the true metric to determine their success. According to the Bank of International Settlements (BIS), there isn’t any real growth. In fact, BIS claims the performance of cryptocurrencies worsens as the currencies grow more popular. BIS Has Strong Opinions It is a

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Uneasy Regulatory Status Surrounding Ripple (XRP) Sparks Debates

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The situation involving Ripple’s native XRP asset is evolving rather slowly. More specifically, people want to know whether or not this is effectively a security. With the Ethereum situation now clarified, one can only hope more information regarding Ripple in the coming days and weeks. The XRP Situation Remains Unclear There are some characteristics about Ripple’s

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Major Ethereum Developments Offer a Positive Outlook Despite Market Volatility

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It has been a rather interesting week for Ethereum in many different ways. A lot of things have taken place behind the scenes. Ranging from Plasma updates to the SEC ruling a small sharding update, things are coming together nicely for Ethereum. Even so, the cryptocurrency continues to struggle in the price department, for the

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Binance Expands to Jersey on the Road to European Dominance

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Binance is the world’s largest cryptocurrency exchange by trading volume. The company is already rapidly expanding its presence across Europe and the rest of the world. In its latest move, the company signed a memorandum of understanding with Digital Jersey. Another major step in the right direction toward global expansion of cryptocurrency. Binance is on

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Blockchain Technology Disrupts the Informal Economy in Kenya

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Kenya is one of the African nations in dire need of financial reform. Introducing such changes will require embracing new technologies. Blockchain will certainly play its role in this regard. The nation’s informal economy – valued at $20 billion – can certainly benefit from immutable ledgers. The Informal Economy in Kenya African nations are very

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RBI Needs to Clarify Its Anti-Crypto Decision to the Supreme Court In July

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India is a very peculiar country when it comes to Bitcoin and other cryptocurrencies. The RBI decided to restrict such activity in the country in April of 2018. However, further research seems to indicate this decision is not based on research or consultation. As such, various parties question whether or not the RBI’s decision can

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Positive Bitcoin Price Momentum in Late 2018 Is Still Very Much Possible

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The Bitcoin price is not in a good place right now. That situation will not change anytime soon. When looking at the long-term picture, however, a lot of things may change in the coming months. It has become easy to overlook the positive developments happening in the Bitcoin world today. The Bitcoin Price is Part

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SEC Chairman: Tokens are Not Exempt From Regulation, Expresses Discomfort

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Government agencies all over the world scrutinize ICOs and their associated tokens. The SEC is an excellent example of the most recent developments taking place. Chairman Jay Clayton is seemingly convinced all tokens will be subject to regulation. That may prove impossible to enforce. Jay Clayton has a Unique View SEC Chairman Jay Clayton wants

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IMF Chief Says Global Economic Outlook is Worsening, Optimism Towards Cryptocurrency

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The financial system is still under a lot of pressure. Since the financial crisis of 2008, very little has changed to alleviate existing concerns. IMF chief Christine Lagarde acknowledges the global economy is not in the best of places right now. Additionally, she remains optimistic about the future of various cryptocurrencies. The Global Economy is

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Are ICOs Cashing out en Masse to Crash Cryptocurrency Prices?

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Speculation is an integral part of the cryptocurrency industry. This becomes even more apparent when there is a lot of bearish pressure on the market.One has to wonder why these sell-offs keep happening so regularly. The ICO industry may have a role to play in this regard, albeit nothing can be proven right away. Are

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