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Blockchain-based cryptocurrencies have shown a tremendous growth and reached almost all countries of the world.

The Bundestag revealed that six financial institutions in Germany are involved in cryptocurrency trading. The answer emerged from the Federal Ministry of Finance.

The nascent involvement comes mainly through crypto hedge funds. The phenomenon is concentrated mostly among the New England area and broadly to the East Coast.

A Russian Court has turned the previous decision to block a cryptocurrency related website.

It seems clear that the company’s ability to increase fiat to crypto deposits and withdrawals will increase exponentially.

BitForex has announced that it will launch the TRX/USD trading pair from 8 June including withdrawal services.

A new company called Qravity is planning on utilizing decentralized content platform along with the distribution platform. The company is aiming at introducing fair compensation to the content creators for their hard work.

The network is launching with 163,930 registered addresses. The top 10 wealthiest EOS addresses hold almost 500,000,000 tokens which comprises nearly 50% of the entire circulation. If one wants a getaway in this club, one needs nearly 21,000,000 tokens or almost 280 million USD.

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The craze for cryptocurrencies is increasing day by day even sinking market in recent times and harsh regulations not able to stop the love for tokens among investors, and mining is also booming day by day.

ING Groups chief executive officer Ralph Hammers embraced the Blockchain technology and its adoption in an interview with CNBC. Ralph Hammers was attending the Money 2020 fintech conference in Amsterdam, Netherland.

Increasing pressure of regulators to exchanges has hit a new topic in the market as Japanese cryptocurrency exchange HitBTC suspends its services for Japanese residents.

Binance worlds Biggest cryptocurrency exchange is going to launch $ 1 billion venture capital fund and purpose of this fund is to aim the projects related to the blockchain and cryptocurrencies

SEC has obtained a court order against Titanium Blockchain Infrastructure Services Inc. The company is accused of raising almost 21 million USD from the American and international investors. The problem is that the company has advertised on the false premise of its relationship with big companies.

Amid all these turmoil’s, the decentralized cryptocurrencies such as Bitcoin and Ethereum seems much better choice than Euro. Centralized currencies are dependent on the political conditions to great degree. Crypto assets on the other hands are very much immune to these happenings.

Peter Theil believes that there is 50-80% chance that the prices of Bitcoin will go down. He said that he was not sure that he would suggest people to run out right now and buy these cryptocurrencies.