Simran Alphonso

Simran Alphonso

Simran Alphonso is a Technical Content Specialist at Koinex and an Editor at TheFirstBlock. She has a background in Financial Markets and holds expertise in Journalism. She came across Bitcoin back in 2014.

Mexico’s Central Bank puts forth regulations that could ban cryptocurrency exchanges

Mexico’s national bank has proposed new guidelines to a recent instituted fintech law that could unreservedly boycott digital currency trades in the nation on the off chance that they figure out how to push ahead. As indicated by non-benefit digital money research and promotion firm Coin Center, the nation’s national bank would see cryptographic money trades managing fiat monetary forms in the nation lose access to the nearby financial framework through the new law, while having the capacity to guarantee it isn’t restricting trades.


Researchers say, Bitcoin’s dominance in the crypto market is of over 80%

An investigation led John-Paul Thorbjornsen has discovered that while Bitcoin’s level of the total cryptocurrency ecosystem is somewhat above half, its strength over it is well over the 80% market. This is given just if in ‘strength’ we incorporate factors other than the market cap. Thorbjornsen revealed that the market cap is anything but a decent measurement to quantify its strength in the market. Different examiners in the space have strikingly brought up market cap can be effectively controlled, as it’s just a crypto’s market cost duplicated by its flowing supply.


Vietnam will launch its very own regulated cryptocurrency exchange

Vietnam’s biggest largest distribution organization, Linh Thanh Group, is clearly joining forces with Switzerland-based blockchain organization KRONN Ventures to build up the first completely approved cryptographic money trade in the Southeast Asian nation. This news comes after the Zug-based KRONN Ventures AG united monetary councils from Vietnam, Philippines, Cambodia, Bangladesh, and Sri Lanka to frame a consortium last year. The consortium was framed to develop a universal wiring framework controlled by blockchain innovation.

Iraq’s tourism now states cryptocurrencies to be a legal tender

In an offer to endure the unforgiving approvals forced on it by the administration of the United States, blockchain-based computerized resources, for example, Bitcoin [BTC] have now turned out to be legitimate delicate in the Iranian the travel industry segment, and the country’s experts are likewise striving to dispatch a state-upheld cryptographic money, reports AL-Monitor on March 21, 2019. Several tourism-focused firms have now integrated cryptos into their businesses in a bid to make life easier for visitors.

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Bitcoin plunged to 15th in China’s Crypto Rankings

China Electronic Information Industry Development [CCID], works directly under the Ministry of Industry and Information Technology of China, and it released its crypto rankings for March. The rankings featured top 35 crypto assets in the likes of Ethereum, Bitcoin, EOS, TRON, and Ontology. While Bitcoin dropping to fifteenth out of the 35 crypto resources on CCID’s positioning astounded numerous financial specialists and experts, it is imperative to comprehend the criteria CCID has been utilizing to locate the best blockchain ventures from its perspective.

#TheIntelligentInvestor #Cryptocurrency #Blockchain #Bitcoin #BTC

The Intelligent Investor: Cryptocurrency version

As of late, I pondered how the cryptocurrency market runs, and how the traders drive the market. I contrasted it with the outlook of traders in the stock/securities market and acknowledged its differences, nevertheless, the main distinction is that individuals

Andrew Yang stands to be a Bitcoin supporter as he stands for U.S. 2020 Presidential candidate

Andrew Yang is a business visionary and founder of Venture for America (VFA), a non-benefit association with a mission of, “Mobilizing the next generation of entrepreneurs and equipping them with the skills and resources they need to create jobs.” Yang created a rush of excitement amongst the cryptocurrency-enthusiasts and the community last summer as he declared that he accepted Bitcoin, Ether and other cryptocurrency donations for his campaign.

XRP is integrated with E-Commerce platforms powering 3.3 Million online stores

In under 10 days, Ripple-sponsored XRPL Labs has turned a thought on the most proficient method to bring XRP to 3.3 million online stores into the real world. The author of XRPL Labs, Wietse Wind, posted a bounty on Twitter on March 7th, offering a network supported reward of more than 3,000 XRP to any individual who effectively coordinates XRP with the online platform WooCommerce. WooCommerce is an open-source e-commerce platform for WordPress and is currently installed on 3.3 million online stores.