Is China softening on Bitcoin? A turn of phrase stirs the crypto world
They were only two seemingly innocuous words: investment alternatives. But when applied to Bitcoin the seminal cryptocurrency by an official from the Peoples Bank of China in a recent panel discussion, they reverberated like a firecracker.A remarkable step for BTC, Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam, executive in residence at European business school INSEAD, describes the central bankers remarks as a significant shift in the countrys position on crypto.To recap: On April 18 at a CNBC event at the Boao Forum for Asia, Li Bo, deputy....
Related News
John Paller is training a new generation of blockchain workers and giving them the tools to live free from the chains of full-time employment. After a chance conversation with a Russian dude wearing a weird T-shirt at a 2014 conference Vitalik Buterins father, Dmitry John Pallers life was transformed by having a front-row seat for the birth of Ethereum. He went on to create the largest Ethereum hackathon and founded an initiative to help at-risk youth find job opportunities in the burgeoning crypto industry.According to Paller, the majority of workers in the United States will be....
Stocks and Cryptocurrencies. In the world of stocks and shares, we use specific language. We choose our phrases carefully. The world of crypto has now adopted that very same language. In order to assist in the education of future traders, I have put together this helpful guide. Now you will be able to speak fluent stockbroker. Use the tools wisely in the world of Crypto and don't buy the shiny suit just yet. Phrase 1: "This stock/Coin is currently overvalued": It's doing well, and I don't have any. Phrase 2: "There is great value to be had in the market/stock/coin at this time": It's....
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up. How to keep your seed phrase safeA crypto seed phrase in the wrong hands can do damage, so it is advisable to always ensure it is safe. The following are some tips for ensuring your seed phrase is secure.Never share your seed with anyone else: It’s extremely important that you never reveal your recovery phrase to anyone. Why? Because if someone else finds out your recovery phrase, they will be able to access — and therefore control — your crypto....
Exchange BTC China is introducing litecoin trading, effective immediately and with 0% commission. It will become the first widely-used exchange after BTC-e to trade the world's second most popular cryptocurrency. CEO of BTC China, Bobby Lee, announced the move this morning, saying "users have been clamouring for this for ages". Digital currency watchers will also note that BTC China's CEO, Bobby Lee, is the elder brother of litecoin inventor Charles Lee. BTC China's banner for the announcement also reads "Brothers Reunited". Lee acknowledged that his fraternal relationship with Charles was....
A look at the best practices and worst hiding places for what could be the most important and wealthy possession in a home: a seed phrase. Under the mattress, in the seams of a piece of luggage or even rolled into a cigar, what are the worst and best ways for keeping a seed phrase safe? The key to unlocking and recovering cryptocurrency, a seed phrase, should be secured and safe. Especially now that prices are low and the crypto tourists have checked out, it might be time for a crypto security spring clean. Security starts with a seed phrase, sometimes called a recovery phrase. There’s no....