Inverse correlation between Bitcoin and Chinese yuan reaches has hit record levels over the past week amid global economic uncertainty. Bitcoin price has seen a record inverse correlation with the Chinese yuan (CNY) this week, according to an analysis from Bloomberg on Sept. 6. This suggests that investors are using the digital currency as a […]
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A review criticizes lack of user controls and choice of Bitcoin price reference guide, finding both testnet platforms “unusable” in their current state. Bitcoin futures offerings from cryptocurrency exchange Binance have come in for criticism as a pre-release tester identifies major flaws. Rocky start for Binance PR move In a series of tweets on Sept. […]
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JPMorgan analysts say Libra could face gridlock in periods of network stress and that this could have “serious macroeconomic consequences.” The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress. According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of […]
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American global market research firm SIS International Research has set up a blockchain consulting division called SIS Blockchain. SIS International Research, a global market research firm headquartered in New York City, has set up blockchain consulting division called SIS Blockchain. Enterprise blockchain will be vital After two years of consulting clients on blockchain applications in […]
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Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator for its digital asset daughter company. LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant LINE, has obtained a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on Sept 6. […]
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A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. The English-language website of the Hong Kong Economic Journal reported the […]
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Women prefer “slow and steady” investment options to Bitcoin’s volatility, says the crypto supporter. Bitcoin (BTC) is less popular among women because they are less interested in risky investments, according to one of the cryptocurrency’s best-known female proponents. Ryyti: Women “more risk-conscious” In a Twitter discussion on Sept. 5, Miss Universe Finland 2015 winner, Rosa-Maria […]
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Spanish soccer team Atlético de Madrid is partnering with blockchain platform Socios.com to launch a fan token ecosystem. Spanish soccer team Atlético de Madrid — which plays in the top professional division of Spain’s soccer league, known as La Liga — is partnering with blockchain platform Socios.com to launch a fan token ecosystem. The news […]
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Digital asset cybersecurity startup Fireblocks extends its support to five more cryptocurrency exchanges, bringing the total number of covered platforms to 20. Digital asset cybersecurity startup Fireblocks announced that it now supports five more cryptocurrency exchanges, bringing the total number of covered platforms to 20. According to the official announcement, “with this release, market makers, […]
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Internet searches for what appears to be the Bitcoin price ticker “BTC” have spiked to unprecedented highs, fresh Google Trends data reveals. Internet searches for what appears to be the Bitcoin price ticker “BTC” have spiked to unprecedented highs, fresh Google Trends data reveals. Between Aug. 29 and Aug. 31, BTC searches worldwide catapulted from […]
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