Author Archives: Coin News Asia

Chinese Investors Fight Over Crypto as They Look for Safe Haven

Chinese Investor

Customary institutional speculators once thought about cryptographic forms of money as a venture for the strong or the dumb: a specialty market with a terrible standing and high unpredictability. In 2017, J.P. Morgan CEO Jamie Dimon considered Bitcoin a fake.  In 2020, J.P. Morgan began offering banking administrations for digital forms of money and its experts anticipated Bitcoin price could hit […]

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Investors Seek Exposure to Bitcoin after Price Rally

Investors

Bitcoin trade exchanged items are seeing record exchanging volumes. In the interim, all the more large banks are supposedly attempting to get into the crypto space, including Goldman Sachs. With the cost of bitcoin quickly ascending over late months, more financial specialists are looking for openness to the cryptographic money. The cost of bitcoin rose about 24% since the start […]

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Bitcoin Mining Has Surprising Environmental Implications

Bitcoin Mining Environment

Bitcoin has taken off to new, beforehand impossible highs in the most recent year or two, driving business sector assumption to indeed be taking a gander at the world’s most important digital money. With the worth of eye-watering US$40,000 this week for a solitary Bitcoin, the Bitcoin mining industry is set to get going once more.  Bitcoin mining alludes to […]

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Hong Kong Based BC Technology Group Raises $90M of Top-up Share Placement

BC Group

Morgan Stanley was designated as the sole putting specialist of about 45,000,000 setting shares owned by the firm, speaking to around 13% of BC Group’s given offer capital.  2020 was a bustling year for OSL, an establishment centered computerized resource stage situated in Hong Kong, giving prime financier, guardianship, trade and programming as-a-administration (SaaS). The organization achieved administrative endorsement to […]

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Singapore Steps Up Regulation on Virtual Payments

Singapore Virtual Payments

Any entity that encourages the transmission, trade or capacity of computerized installment tokens (DPT) will currently must be authorized, following improvements to the Payment Services Act, which was passed by Singapore’s parliament.  Such virtual installment suppliers will be liable to extended principles and guidelines set by the Monetary Authority of Singapore (MAS), said Minister for Transport Ong Ye Kung during […]

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Bitcoin Price Greets New Year with 800% Record Surge

Bitcoin Price Surge

Bitcoin, the main virtual money, saw its value pass $30,000 on Saturday unexpectedly. The originally decentralized digital currency passed $30,823.30 at 1313 GMT, subsequent to breaking $20,000 on Dec. 16.  Information from Coin360 and TradingView demonstrated BTC/USD secured $30,000 during exchanging on Friday. Subsequent to hitting new unsurpassed highs of $29,700 overnight, the pair gave no indications of shortcoming, retesting […]

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India Goes Ahead the Crypto Race as Asia’s Second-Largest Bitcoin Market

Crypto India

Something that 2020 will be associated with is the point at which the cryptographic money belief rose up out of its corner and became the overwhelming focus in conversations around innovation, strategy and account. Bitcoin costs have penetrated highs last observed in late 2017. Different governments across the world are putting resources into creating Central Bank Digital Currencies (CBDCs), which […]

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Bitcoin Price’s Rollercoaster Ride Currently in a $1K Drop

Bitcoin Price Down

Bitcoin has fallen abruptly in the previous few hours and is trying a critical degree of damage close to $18,000. At around 06:00 UTC on Dec. 8, the cost of the world’s first digital currency tumbled to around $18,031 from $18,770. It thusly followed somewhat to $18,200. The last time bitcoin encountered a comparative drop was on Dec. 1 after […]

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Singtel Wins One of Singapore’s First Digital Banking Licenses

Singtel

An endeavor between Singapore Telecommunications Ltd (Singtel) and ride-hailing pioneer Grab and Internet customer organization Sea Ltd are among four firms to win Singapore’s first advanced financial licenses, in the city-state’s greatest financial progression activity in twenty years.  The consortium got one of four effective candidates, and its license will permit it to take stores and offer financial administrations to […]

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