Archive | Americas

Venezuela Central Crypto Bank Next as IMF Predicts Million Percent Hyperinflation

It has been reported that there are new plans afoot for a Venezuelan central bank cryptocurrency along with a “superior court to the Supreme Court of Justice”. According to Venezuela National Constituent Assembly member Hermann Escarra, the government is preparing to change the constitution to allow for the new crypto bank. Venezuela’s crisis has steadily worsened as […]

Square Cash on Track to Become Coinbase Competitor

Square Cash appears to have what it takes to become a serious competitor to Coinbase, with Bitcoin buying and selling service now available across the entire United States for the first time. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August […]

Facebook to Launch Its Own Cryptocurrency?

Leading social media site Facebook, which has billions of users, may be on the path to launch its own cryptocurrency, indicates the recent tidings. Earlier this year, Facebook created a blockchain research team led by David Marcus, with a goal of leveraging blockchain technology, and possibly cryptocurrency, across its social network platform. David Marcus is well […]

Bitcoin Comes with Advantages Says Brazilian Presidential Candidate

Brazilian presidential candidate for the upcoming October elections in that country João Amoêdo has recently expressed pro Bitcoin views. Amoêdo’s Brazil New Party aims for the privatization of public enterprises like Petrobras, Central Bank of Brazil and Banco do Brasil. Although the party supports welfare programs like Bolsa Família, it aims to privatize the public […]

South America: Crypto and Blockchain News Roundup, 3rd to 9th August 2018

South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Argentina G20 crypto regulations in Argentina could spell blockchain revolution: The crypto regulations being devised by G20 countries after a meeting in March […]

Yale Research: Minimum 6% Bitcoin for Investment Portfolios

Yale University has published a study recommending investment portfolios be made up of at least 6% Bitcoin. The research paper, published by economics professor Aleh Tsyvinski and entitled ‘Risks and Returns of Cryptocurrencies’, acknowledges that not everybody may be a huge believer in Bitcoin. For those less crypto-enthusiastic, he recommends holding just 4%. Even the biggest […]

Bitmain’s New Texas Mining Facility to Begin US Expansion

China-based cryptocurrency mining hardware company Bitmain has confirmed Rockdale, Texas as its next location to spearhead the way for its takeover of the US. Texas operations Rockdale will benefit from Bitmain’s investments totaling over USD 500 million in the following seven years, with plans to launch mining operations in early 2019. The location will employ 400 […]

Coinbase Reopens in Wyoming after 3 Years

The biggest Bitcoin and cryptocurrency exchange headquartered in the United States, Coinbase, has reopened to residents of Wyoming after a three-year hiatus, due to a change in the law that exempts virtual currency businesses from having to deposit double reserves with the state to get a money transmitter license. Coinbase once again has a money […]

North America: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Morpheus Titania Bitcoin dealer case shows lengths of US law enforcement: Arizona Bitcoin dealer Mario Costanzo working under an alias Morpheus Titania […]

South America: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Exchange wins case against bank that closed its account: Brazilian cryptocurrency exchange Walltime has won a recent court battle against local fiat […]

USD Trading Pairs Dominate Bitcoin Spot, Derivatives Trading

A study by CoinDesk has found that the USD is the dominant fiat currency in both the Bitcoin spot and Bitcoin derivative markets. The study included data from 26 to 30 July 2018, and found that 56% of Bitcoin spot trading was done with Bitcoin, and when including derivative markets, the share increased to 68%. […]

ICE to Launch Exchange, Physically-Settled Bitcoin Futures

The Intercontinental Exchange (ICE), owner of 23 exchanges worldwide including the biggest stock exchange in the world, the New York Stock Exchange (NYSE), and many futures exchanges and clearing houses, is creating a cryptocurrency exchange called Bakkt. Starbucks and Microsoft will be major partners of Bakkt and will begin accepting Bitcoin and cryptocurrency. Even though […]