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Japanese Government Set to Include CBDC in Official Economic Plan

The Japanese government is expected to include consideration of a central bank digital currency (CBDC) in its official economic plan. The news comes 10 days after the Bank of Japan’s announcement that it will start experimenting with the digital yen to check its feasibility from a technical perspective. According to Nikkei,

Two Key Trends Show That Bitcoin Will Correct After $1k Rally

Bitcoin has dropped slightly since establishing highs of $11,730 on Monday. The leading cryptocurrency currently trades for just over $11,400. Bitcoin is expected to see some volatility as announcements are expected from China about blockchain or its digital currency. From a technical standpoint, BTC is expected to retrace in the coming days as

New York Polls Crypto Firms On Security Measures After Twitter Hack

The New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC).  Far beyond the immediate material impact, the NYDFS states that the incident exposed deep cybersecurity weaknesses of a publicly-traded

Bitcoin Price Breaks $400 Higher While S&P 500 Drops

Bitcoin has undergone a strong rally over the past day, gaining $300 as it pushes to $11,750. It topped out at $11,820 today as the dollar underwent a slight rally higher. TradingView.com data indicates that Bitcoin is outpacing a swath of other assets over the past day’s trading session. It is outperforming the