PBoC: Cryptocurrencies Will Not Replace or Disrupt Fiat Systems

The People’s Bank of China (PBoC) has shown extreme confidence in the superiority of fiat systems over cryptocurrencies.China’s central bank refused to acknowledge blockchain and its derivatives as catalysts for financial innovation.Stating that no technology…

Bitcoin Cash Fork: May the Blockchain burn

On Thursday, the first real hash war is to begin on Bitcoin Cash. Craig Wright and his mining army have announced war on the developers of Bitcoin Cash and Bitmain. We think that’s extremely exciting….

Bitcoin Price Watch: BTC/USD Targets Fresh Weekly Lows

Key PointsBitcoin price declined recently below the $6,300 support before correcting higher against the US Dollar.There was a break above a connecting bearish trend line with resistance at $6,360 on the hourly chart of the…