Chainlink’s LINK token dropped nearly 30% after hitting an all-time high asLEND/USD declined similarly after rallying 600% over three months ChainLink is turning bullish as buyers eye up upside potential that could take the token’s price closer to its recently hit all-time high. After a significant spike took the token to a high of $9 …
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 …
Godex.io: A new exchange service from seasoned cryptocurrency experts Read More »
Average transaction fees and hash rates are surging, even as BTC/USD holds above $11k heading to the monthly close As Bitcoin’s price consolidates near $11,000, demand on the network has peaked. Data shows that average transaction fees have rocketed in the last few days in tandem with the recent spike in price. After oscillating between …
Bitcoin fees increase as hash rate hits new high Read More »
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 …
The next bull run will be very different for Bitcoin says Winklevoss Read More »
The KYC platform will support major banks and more than 120 companies verify the identity of customers According to a recent press release, Dubai’s UAE KYC (know your customer) blockchain platform is now in its first phase of production, after it was announced in Q2 2020. The project is spearheaded by the UAE’s Central Bank …
Dubai introduces nationwide KYC data platform built on blockchain Read More »
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 …
HashStacs to develop blockchain for tracking investor holdings Read More »
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 …
Cardano sees price dip after launch of Shelley Upgrade Read More »
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 …
Up to 72% of Ethereum wallets are in profit Read More »
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 …
Huawei patents blockchain storage system — so more could be on the way Read More »
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, …
Santander creates One Pay FX — a blockchain-based global payments app Read More »
The Enterprise Ethereum Alliance (EEA) has established standards for the development of permissioned versions of Ethereum — now a few years have passed, its impact can be seen The Enterprise Ethereum Alliance (EEA) was created to enable organisations to adopt and use Ethereum in their daily operations, creating a world of collaboration based on trust. …
Bitcoin’s surge above $10k is spelling bad news for the DeFi boom as the market cap of some tokens tank double digits Several tokens within the decentralized finance industry are seeing an extended downtrend even as Bitcoin and other top cryptocurrencies continue to surge. For most of June and July, leading cryptocurrencies sank into extended …
Some DeFi tokens could crash if Bitcoin continues to surge Read More »
New technologies like blockchain can unlock value and Australia is considering regulatory reforms to advance the industry A recent report from the New South Wales Treasury outlines how an obsolete regulatory framework could cause the benefits of disruptive technologies, such as blockchain, to be missed. The report calls for reforms so that blockchain can help …
Australia looks to unlock the power of blockchain Read More »
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 …
Swiss exchange lists crypto ETP — the first product of its kind Read More »
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 …
HedgeTrade and Bluzelle partner to improve social trading experience Read More »
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 …
Offering includes advanced FIX API, cold storage custody solution, Credit Line, special order types, and brand new high performance matching engine July 23, 2020: eToro, the multi-asset platform with over 13 million registered users globally, has added several enhanced trading and risk management tools to its crypto exchange, eToroX. This new set of tools is …
Litecoin pushed more than 10% into the green following Bitcoin’s run to $11k Crypto market outlook Bitcoin’s latest spike in trading price is having a positive impact on that of Litecoin, the altcoin that is often dubbed silver to the crypto king’s gold. While Ethereum has struggled in the last few hours after trailing Bitcoin’s …
Litecoin breaks out of channel following Bitcoin’s climb Read More »
Bitcoin soared more than 12% to hit a high of $11,395, with dominance in the market surging to 64% Bitcoin has breached $11,000, rallying nearly 13% in 24 hours on its way to a high of $11,395. Bitcoin closed above $11k yesterday, establishing a bullish bias for investors eyeing an extended upside. A close at …
Bitcoin spikes to $11,395 as dominance reaches 64% Read More »
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 …
Italian banks develop blockchain for bank transactions Read More »