Opinion

Can China’s Blockchain Push Unleash the End-of-Year Bulls?

  • China publicly announcing their support for blockchain innovation seems to have given the bulls a reason to charge again.
  • Total crypto market cap has jumped by more than $40 billion in a matter of hours, with Bitcoin closing in on $10,000.
Chinese President Xi Jinping speaks at the podium during the unveiling of the Communist Party's new Politburo Standing Committee at the Great Hall of the People on October 25, 2017 in Beijing, China. Lintao Zhang/Getty Images

  • China publicly announcing their support for blockchain innovation seems to have given the bulls a reason to charge again.
  • Total crypto market cap has jumped by more than $40 billion in a matter of hours, with Bitcoin closing in on $10,000.
Facebook's founder and CEO Mark Zuckerberg speaks at the Viva Tech start-up and technology summit in Paris, France, May 24, 2018. Charles Platiau/Reuters

Why the Libra Exodus Might be Good for the Project

  • With organizations withdrawing in droves, thoughts of Libra's downfall naturally come to mind.
  • However, with the seeming invulnerability of the project now shattered, policymakers might take a more objective approach towards the venture.
View of a U.S. Federal Reserve building. Smith Collection/Gado/Getty Images

Can Cryptocurrency Replace Central Banks?

  • The topic of a central bank digital currency (CBDC) is slowly becoming one of the hottest financial debates.
  • Cryptocurrency often comes up as a potential solution for CBDC, some even arguing that it will eventually replace central banks as a whole.
President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, Saturday, June 29, 2019. AP Photo/Susan Walsh

How the U.S.-China Trade War is Affecting the Crypto Market

  • China is making more out of their trade relationship with the U.S. and Donald Trump doesn't like that.
  • While not directly influenced, the crypto market is still part of the economic machine and is reacting to the uncertainty of this grand bout.

Global Recession Indicators Send the Crypto Market in Freefall

  • Bitcoin has proclaimed its intended role as a store of value during recessions since its genesis block.
  • Still, the news about an incoming recession saw the coin react like it is part of the "high-risk gambling vehicle" asset class, in stark contrast to established stores of value.

ZCash Makes History with First “Friendly” Network Split

  • The new coin named Ycash is already live.
  • It has a lowered Founders Reward and will soon be mineable with commodity hardware.

Could 2019 be a Repeat of 2017?

  • 2017 was the year when cryptocurrencies became a part of mainstream finance.
  • 2019 could be a repeat of 2017's explosive performance and key markers point that way.

Is Jack Ma’s Concern About the Lack of Innovation in Europe Well Founded?

  • Creating a billion-dollar company in an already saturated niche takes immense work ethic and dedication and is an exceptional achievement worthy of praise and admiration.
  • Less than 12% of unicorn startups are based in Europe, and nearly all of them are regional alternatives to already established US or China-based innovators.

Cryptopia – a Refreshing Example of Good Crisis Management

  • In a sea of bad company management, Cryptopia have shown that blockchain ventures can also be transparent in their operations, even in crisis.
  • The exchange will refund people who suffered as a direct result of the hack.