Cryptocurrency

The essence of Facebook Libra is a Blockchain, not Crypto!

Although there are concerns about not being mature enough for the blockchain to bring a new era of payment, this technology is increasingly being explored by global central banks. On the other hand, Blockchain technology is the core of Facebook’s Libra digital currency, according to an executive on this project. Since the release of the …

The Correlation of Bitcoin with Global Financial Assets Increases Amid the Covid-19 Crisis

Many investors go to Bitcoin (BitfinexUSD) as a fence against the global financial system. However, as the data shows, Bitcoin has not been saved from the most recent money related emergency due to covid-19. This report reported by Cointelegraph Monday (06/04) will try to analyze the movements of global financial markets and their correlation with …

The Central Bank of China Is Getting Ready with its Digital Yuan Currency

The Central Bank of China is one step closer to issuing its official digital currency, which is valued at yuan. According to anonymous sources GlobalTimes, the Central Bank of China actually cooperates with private companies, has completed the development of the basic functions of the digital currency. While developing the technical blockchain, the central bank …