The Bank of England will set up a fintech hub to find ways to harness the technology behind digital currencies, which will ultimately help strengthen the UK economy. This was stated by the bank's deputy head Dave Ramsden.
At the G20 summit, Spain's Minister of Economy, Industry and Competitiveness Roman Escolano Olivares said that cryptocurrency is not a threat to the global financial system and that the European Union does not have to wait for international agreement before starting to develop regulation on its own.
Two unnamed insiders familiar with Huawei Technologies' plans reported this to Bloomberg. Huawei is currently in the process of obtaining the rights to SIRIN OS from Sirin Labs, which will power the next-generation smartphone.
Facebook is in serious trouble. The company's shares have been falling in price, and yesterday, after the Massachusetts Attorney General and Eurojust launched an investigation into the largest social network, their price fell another 6.7%. Representatives of legislative bodies demand that the leaders of the social network explain themselves.
After the depreciation, due to news events, the price of the main cryptocurrency pairs recovered slightly. But will bearish pressure ease today?
If there was any doubt about the usefulness of cryptocurrency trading, the IG Group report dispels such doubts. IG group, an over-the-counter online brokerage, published its results for the third quarter of fiscal 2018, which ended on February 28.
According to CoinMarketCap, on the evening of March 22, a 2.5% drop in the price of BTC led to a decrease in the price of Stellar Lumens by 6%. This once again shows us how dependent altcoins are on the progenitor of the entire crypt.
Cryptocurrency pair rates came under the negative influence of fundamental news
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