Month: July 2020

Godex.io: A new exchange service from seasoned cryptocurrency experts

Cryptocurrency has proven much more resilient than other traditional financial instruments during the economic downturn caused by the COVID-19 pandemic. Combined with a rapid increase in interest for DeFi (Decentralised Finance) and concerns over the potential impact of quantitative easing, the cryptocurrency market is now seeing a massive influx of people who are looking to …

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The next bull run will be very different for Bitcoin says Winklevoss

The co-founder of the Gemini crypto exchange is confident about Bitcoin’s next bull run due to improvements to market infrastructure since 2017 In a recent tweet on his personal account, Cameron Winklevoss suggested that the next bitcoin bull run will be very different due to the advancements in infrastructure and the vastly different environment from …

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HashStacs to develop blockchain for tracking investor holdings

Singapore-based HashStacs announces partnership with Bursa Malaysia Berhad for the development of Project Harbour Project’s Harbour is focused on offering Bursa Malaysia’s Central Securities Depository (CSD) an alternative to facilitate growth — as discussed in a press release by Bursa Malaysia.  The blockchain-powered platform will allow the tokenization of bonds to enable investors to track …

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Cardano‌ ‌sees‌ ‌price‌ ‌dip‌ ‌after‌ ‌launch‌ ‌of‌ ‌Shelley‌ ‌Upgrade‌

Cardano is trading just above $0.1399 as bulls look to steady prices after a 6% drop The price of Cardano against the US dollar has dropped by about 6% in the past 24 hours. As of writing, bulls have clawed back some of the losses incurred in the last trading session and are aiming for …

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Up‌ ‌to‌ ‌72%‌ ‌of‌ ‌Ethereum‌ ‌wallets‌ ‌are‌ ‌in‌ ‌profit‌

Approximatly 31.86 million Ethereum addresses are currently in profit, more than the total number of Bitcoin addresses with balances As Ethereum’s price spiked above $300, more and more addresses holding Ether balances became profitable, data from Into the Block’s Historical In/Out of the Money (HIOM) metric shows. The HIOM indicator allows one to figure out …

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Huawei patents blockchain storage system — so more could be on the way

A patent for a blockchain storage registered by Huawei supports China’s blockchain tech explosion Earlier this year, Huawei registered a patent for a “blockchain ledger storage and device” on the Tianyancha database. At the time of filing the patent, the application announcement was scheduled for mid July. This is not the first time Huawei has …

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Santander creates One Pay FX — a blockchain-based global payments app

In collaboration with Ripple, Santander introduces the world’s first international payment app to use blockchain Earlier this week, Santander released One Pay FX, an application that facilitates international payments through the use of blockchain technology. Partnering with Ripple, One Pay FX is designed to improve upon the legacy payment system to ensure efficient transaction speeds, …

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Swiss exchange lists crypto ETP — the first product of its kind

FiCAS launches actively managed Bitcoin ETP called Bitcoin Capital Active ETP on Switzerland’s SIX exchange FiCAS, the Swiss crypto asset investment firm, recently issued the world’s first actively managed exchange-traded crypto product on the SIX exchange. FICAS has introduced a Bitcoin Capital Active ETP (BTCA), which includes Bitcoin and the top 15 altcoins on the …

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HedgeTrade and Bluzelle partner to improve social trading experience

Social trading platform HedgeTrade has announced a new partnership with Bluzelle to provide its users with blockchain-interoperable trading tools Cryptocurrency social trading platform, HedgeTrade, has seen a growing user base as the result of its unique approach to cryptocurrency trading — it allows professional and novice traders to work together and mutually benefit from sharing …

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XRP market cap hits $10.8 Billion

XRP climbed to $0.2425 to hit a monthly high as bulls established control with a 10% upside Ripple’s price has pumped for a fifth day in a row after long-term resistance at $0.20. After breaching resistance at $0.22 and $0.23, XRP jumped above $0.24 to see it come within touching distance of $0.243. Crucially, the …

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Italian banks develop blockchain for bank transactions

A huge 85% of Italian banks have adopted blockchain as a solution for interbank reconciliation The ABI (Italian Banking Association) successfully integrated R3’s Corda blockchain into the Italian banking system. Called “Spunta”, the project seeks to improve the interbank transaction reconciliation system — the result of a collaboration with many Italian banks. Interbank transaction reconciliation …

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