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Latest Blockchain News
Last year, financial services behemoth Fidelity Investments made a massive splash in the Bitcoin scene when it revealed that it had launched a cryptocurrency-centric branch, Fidelity Digital Asset Services (FDAS). The idea with FDAS was that institutional investors could gain access to high-quality..
Bitcoin has been revolutionary in many ways. For instance, It is the first decentralized money (that has worked). But arguably most importantly, it is the first digital asset that has immense scarcity enforced by an algorithm. Every four years, Bitcoin’s block reward gets cut in half in what is kno..
The central bank of Asia’s biggest superpower is looking to hire a half dozen experts, including veterans of cryptography and blockchain development, for its ongoing digital currency efforts. The 2020-focused hiring push comes as part of annual recruitment drive held by the People’s Bank of China, ..
Many stakeholders in the cryptocurrency ecosystem know that Ethereum is starting its major multi-phase Serenity upgrade next year, and some of those stakeholders can explain the technical intricacies of that transition in detail. Yet there are others in the space who are knowledgeable about Ethereu..
If you’ve perused Crypto Twitter at all over the past few weeks, you likely have noticed incessant discussion surrounding central bank-backed digital assets, also referred to as CBDCs. It seems that this subset of this market is all the rage recently, with a number of prominent countries, financial..
Earlier this week, everyone had their hopes up about Bitwise Asset Management’s Bitcoin exchange-traded fund (ETF) application. As reported by Blockonomi, Matt Hougan, managing director and global head of research at Bitwise, said that he believes that developments with cryptocurrency custody, indu..
According to an official statement, Bitmain has just announced the impending release of the latest generation of Antminer ASIC mining devices. The new devices dubbed the S17+ and T17+ boast higher hash rates than previous generations alongside relatively comparable energy consumption rates. Both de..
Cryptocurrency users currently face a regulatory thicket in the U.S., as a handful of the nation’s top federal agencies have differing legal interpretations as to what these new assets are. Any clarifications offered by these watchdogs accordingly generate buzz in America’s nook of the cryptoeconom..
Latest Altcoin News
The world’s sixth largest crypto asset had a birthday over the weekend. On October 7 2011, Litecoin was released via an open-source client on GitHub, the LTC network went live a few days later on October 13. It is now eight years old and has outlasted countless other crypto assets yet still receives..
The South Korean division of Malta-based digital asset exchange OKEX has suspended the delisting of two privacy-oriented cryptocurrencies due to new regulatory guidelines released by the Financial Action Task Force (FATF). The planned suspension of Zcash (ZEC) and Dash (DASH) is currently being re..
While a majority of altcoins have been faring well over the past week, there has been one crypto asset that has exceeded the expectations of many: Chainlink (LINK). Over the past 10 days, the community-favorite cryptocurrency has gained 50% against the U.S. dollar, surging to $3.10 apiece at the lo..
ETH/BTC Ready to Favor Ether Bulls At long last, Ethereum is finally showing some price strength against Bitcoin. The ETH/BTC trading pair, which has been collapsing dramatically for over a year, is purportedly starting to show signs of a bottom and impending bullish reversal. Prominent commodities..
Altseason? 2019 has undoubtedly been a year for Bitcoin so far. Altcoins, which were all the rage in 2017 and early-2018, have been wildly underperforming the market leader, with some of these cryptocurrencies now trading at lower prices than where they started the year. But for some reason or anot..
XRP Price Strong While antagonized by many in the crypto space, XRP may be about to undergo some bullish price action. Prominent commodities trader Peter Brandt, who has notably been overtly critical of XRP’s fundamentals and charts, recently admitted that there is “some chart evidence [to suggest]..
XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. ..
Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post, the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic..
News The Chicago Mercantile Exchange (CME) Group recently tweeted that, despite the Bitcoin (BTC) price pullback, customer interest in CME Bitcoin futures remained strong during Q3 2019. CME Bitcoin futures are up 61% vs Q3 2018On Oct. 9, the CME Group took to Twitter to state that customer intere..
News The Libra Association, the governing body of Facebook’s proposed stablecoin, held its inaugural meeting today in Geneva, Switzerland. According to a report from Reuters on Oct. 14, the consortium reaffirmed their interest in creating a payments-oriented stablecoin that would be balanced by a..
On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at ..
News Middle Eastern news daily Saudi Gazette reported on Oct. 14 that the DCCI, which acts as an international business hub in Dubai, has signed an MoU with Dubai government-owned bank, Emirates NBD. The bank, which is one of the largest banking groups in the Middle East in terms of assets, will ..
Price Analysis A draft report by the G7 group of nations outlined the risks associated with “global stablecoins.” The report said: “No stablecoin project should begin operation until the legal, regulatory and oversight challenges and risks are adequately addressed.” This report is likely to increa..