Read the Top7 Crypto News of Last Week (Market Research)

[mirrasel]

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. Last week I have shared the Top7 news and we had a nice discussion.
Here is the Top 7 News of last week.

Week:  2 December - 8 December 2019

1. Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
The demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank (Investing: https://www.investing.com/news/cryptocurrency-news/deutsche-bank-research-crypto-to-replace-fiat-currencies-by-2030-2035291 )

2. Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain Tech
The bank used its own blockchain system to issue digital certificates that prove ownership, form groups of underwriters and document proof of transactions. (Coindesk: https://www.coindesk.com/bank-of-china-issues-2-8b-in-bonds-for-small-businesses-using-blockchain-tech)

3. ECB Says It May Need Its Own Digital Euro If Payments Drive Fails
The European Central Bank is willing to develop its own digital currency if the private sector can’t make cross-border payments faster and cheaper. (Bloomberg: https://www.bloomberg.com/news/articles/2019-12-04/ecb-says-own-digital-euro-may-be-answer-if-payment-efforts-fail)

4. Microsoft Azure Announces Blockchain Token and Data Management Service
Microsoft’s blockchain-enabled cloud service Microsoft Azure announced new tokenization and blockchain data management services. (Microsoft: https://azure.microsoft.com/en-us/blog/accelerating-blockchain-adoption-in-the-enterprise/)

5. France Hates Facebook’s Libra So Much it’s Developing its Own Digital Currency
France has moved to respond to the threats posed to its monetary sovereignty by embracing blockchain technology to issue its own cryptocurrency. (CCN: https://www.ccn.com/france-hates-facebook-libra-developing-own-digital-currency/)

6. Serious Bitcoin Warning Issued For Millions Of Facebook, Yahoo, And MSN Users
Researchers from the widely-respected, U.K.-based Which magazine have warned criminals are still exploiting trusted global websites. (Forbes: https://www.forbes.com/sites/billybambrough/2019/12/07/bitcoin-scam-warning-for-facebook-yahoo-msn-users/#6806f9be75fb)

7. Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok.. (Cointelegraph: https://cointelegraph.com/news/thai-police-arrest-24-chinese-nationals-for-alleged-bitcoin-scam)


If you have any suggestions, comment or discussion, Let's discuss it! Can you guess the overall sentiment of last week from the headlines? Is it Positive, Negative or Neutral? What is your opinion?


------------
Mir Rasel,
Digital Lead, Bitcurate ( A Predictive Digital Asset Analysis Startup).

[fullhdpixel]

A lot happened during this week when you look at it this way. I mean lets tackle them one by one on how much they will change bitcoin tho. First of all some rich person in a rich bank said bitcoin is good, we all already know that, it is good that rich people in rich banks finally realize it but we all know it for sure.

Bank of China did something that may affect bitcoin later on but for now it is just starting and it would probably take time so it won't be a sudden rise, third one is something I didn't really understand sorry, azure working with blockchain is not really that earth shattering because even microsoft itself accepted bitcoin payments for a while, basically I can continue like this but all the news of this week combined "looks" good but in reality doesn't change anything for the economy of it.