Dear Forum Members,
Every week I read different news portals to know and enrich the knowledge of Digital Asset Market which helps me to understand the blockchain and crypto sentiment and having a better investment and trade decision.
Here is the Top 7 News of last week.
Date: 2-9 March 2020
1. In the past week, four countries have embraced Bitcoin (BTC) and other cryptocurrencies as legal tender and/or financial instruments.
https://en.ethereumworldnews.com/why-more-governments-will-embrace-bitcoin-btc-and-crypto/
2. The Supreme Court of India on Wednesday overturned a 2018 ruling by the Reserve Bank of India (RBI), which prohibited Indian banks from dealing with cryptocurrency exchanges
https://edition.cnn.com/2020/03/04/tech/cryptocurrency-india-ban-struck-down/index.html
3. Xiaomi, Alibaba, and Tencent are actively embracing a variety of blockchain projects to compete with each other racing to build.
https://decrypt.co/21565/chinese-tech-giants-gear-up-blockchain-projects
4. German financial watchdog is stopping the operations of a company in Berlin that allows consumers to buy and sell cryptocurrencies at ATMs.
https://cointelegraph.com/news/german-financial-regulator-takes-action-against-first-bitcoin-atms
5. France has officially recognized Bitcoin as a legal financial instrument. The court reasoned that Bitcoin lending is the same as any other “consumer loan.”
https://beincrypto.com/france-says-bitcoin-is-money-as-industry-cheers-bullish-week-for-crypto/
6. Crypto market soon will witness a massive surge and reach as many as five billion users. Coinbase CEO Brian Armstrong recently took his bullish optimism. ttps://www.cryptopolitan.com/coinbase-ceo-on-number-of-crypto-users/
7. Bitcoin turns bearish again. It failed to continue above the $9,200 resistance and is down more than 4% against the US Dollar.
https://www.newsbtc.com/2020/03/08/bitcoin-just-reversed-and-8400-is-imminent/
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Thanks!
