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Cryptocurrency foundations, community organizations, and entrepreneurs have helped put the lightly populated Swiss canton of Zug on the business world’s map. While the local administration has created one of the most welcoming environments for the industry, some voices fear possible negative repercussions such as bad press and an American regulatory backlash. Also Read: Survey Says 8% of the American Population Now Own Cryptocurrency Lamborghini Robin Hoods A new report from Zug, Switzerland by the Financial Times showcases that despite the success ‘Crypto Valley’ has had in attracting businesses, there are…

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It appears that China’s stock exchanges are seeking to prevent companies from issuing misleading information in order to drive hype around blockchain technology – potentially influencing their share price. Also Read: China’s First Central Bank Governor in 15 Years Likes Bitcoin Blockchain Mania Sweeps China’s Stock Exchanges China’s Shenzhen Exchange has announced its intention to crack down on businesses misleading investors by seeking to associate themselves with so called “distributed ledger technology”, or “blockchain”. The crackdown appears to comprise a response to Zheijiang Enjoyor Electronics Co. Ltd’s recent spike in share…

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Coinbase is removing its support for an advanced security feature that it was not advantageous for the company to maintain. Multisig vaults were originally introduced as a way for customers to manage their private keys and control their own security while still using the same Coinbase interface. Also Read: Survey Says 8% of the American Population Now Own Cryptocurrency No More Coinbase Multisig Vaults San Francisco-based cryptocurrency exchange Coinbase has announced it will be winding down its support for existing multisig vaults (meaning accounts that require multiple signature to access)…

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Investment trade enhancement company, Capitalise.AI is launching a Beta group to test its unique DIY platform that translates plain text English into executable algorithmic programs. These programs or “fully working automatic trading” are plugged directly into exchanges, identifying trends and executing trades according to the strategies of their owners. The Growing Trend of Automated Trading The use of algorithmic executions in the form of trading bots to manage digital asset portfolios is growing in popularity. Both traders and investors are finding ways to automatically implement their ideas and intentions without necessarily…

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Regulatory pressures and a broadening bank clampdown have seriously affected cryptocurrency exchanges in India. Their representatives claim bitcoin trading has dropped as much as 90 percent in the last two months. Cryptos are not considered legal tender in the country and authorities have demonstrated a negative attitude towards their use. At the same time, leading Indian banks have taken steps to limit exchange operations even before any rules mandating such policies are adopted. Also read: India Can’t Regulate Bitcoin Says Official Regulatory Uncertainty, Hostile Attitude Indian trading platforms have suffered…

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Jack Dorsey, CEO of both Twitter and payment platform, Square, told the Times of London there will be a single world currency in the next ten years, and he believes that will be bitcoin. His comments came at a downturn in the broader crypto markets and amidst declarations of bitcoin’s imminent demise.    Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Twitter and Square CEO Bullish on Bitcoin “It’s slow and it’s costly,” Mr. Dorsey spoke of bitcoin as a currency, “but as more and more people…

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The People’s Bank of China, the nation’s central bank, has a new governor, its first in 15 years. His name is Yi Gang and judging by previous comments the 60-year-old has made, he’s perfectly okay with cryptocurrency. His positive stance towards bitcoin and other cryptos bodes well for their future within China. Also read: Report Claims Putin Aided Maduro in Creating Venezuela’s Crypto Yi Gang’s Appointment Offers Hope On March 19, China’s National People’s Congress voted to approve President Jinping’s nominee to oversee the People’s Bank of China (PBoC). The appointment…

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Xkeyscore. MAC addresses. OAKSTAR. MONKEYROCKET. Edward Snowden is at it again. This time the world’s most notorious whistleblower has handed over National Security Agency (NSA) documentation to online investigative news outlet The Intercept revealing an invasive covert program to track bitcoin users using spy tools he uncovered during his infamous first go-round. The implications include the future of privacy along with warrantless data collection being used to prosecute bitcoiners such as Ross Ulbricht of Silk Road. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Snowden Reveals How NSA…

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If knowledge is power, today’s traders are stronger than they’ve ever been. The range and function of analytical tools is improving by the day, presenting investors with a smorgasbord of options. Sites such as Onchainfx are continually adding new features, empowering traders to make more informed decisions based on more data sets. Also read: 8 Alternatives to Coinmarketcap Today’s Investors Have an Enviable Suite of Analytic Tools From technical analysis to fundamental analysis, the best traders leave no stone unturned in their quest to find hidden gems. Low market cap coins…

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Cryptocurrencies, or at least defining the term, seem to be a hot topic at the current G20 summit. In fact, it seems that the group is pushing to define them as assets and not currencies at all. According to Bloomberg, this will be discussed on Tuesday. However, a draft statement shows that the group believes that cryptocurrencies “lack the traits of sovereign currencies”, and therefore should not be referred to as such. Klaas Knot, who is the president of De Nederlandsche Bank NV, had this to say: Whether you call…

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