Will the launch of Bakkt boost Bitcoin prices? What do the charts project? Let’s analyze the charts. The long-awaited launch of Bakkt has seen a lukewarm response as only 63 Bitcoin (BTC) contracts have been traded as of press time. This is not unexpected because Bitcoin has been range-bound for the past few weeks, hence, […]
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Australian gaming startup Immutable has netted $15 million in a new funding round led by Tencent’s largest shareholder. Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable. Key investors Immutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and […]
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Binance’s American arm Binance.US will launch 13 fiat-to-crypto and crypto-to-crypto trading pairs on Sept. 24. Binance.US, the United States-based arm of major crypto exchange Binance, will start trading on Sept. 24, offering zero trading fees until Nov. 1, 2019. 13 trading pairs Binance.US will launch 13 fiat-to-crypto and crypto-to-crypto trading pairs tomorrow, according to a […]
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American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer. American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer, according to an announcement on Sept. 23. Johnson has served as an interim CEO of Overstock since the end of August when Patrick Byrne stepped […]
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The EOS network performed its first hard fork earlier today; its EOSIO v1.8 is live with 29/30 block producers confirmed as upgraded. EOS, the seventh-largest cryptocurrency by market capitalization, performed its first hard fork earlier today. The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled […]
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Philipino lawmakers should not be in a hurry to pass financial technology regulation, according to local Senator Grace Poe. Philippine Senator Grace Poe said that local lawmakers should not be in a hurry to pass financial technology (fintech) regulation. Local news outlet Rappler reported on Sept. 23 that Poe made her remarks after a hearing […]
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Samsung’s entry into the crypto mining industry could disrupt the entire ecosystem if its latest patent comes to life. Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by […]
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After the launch of Bakkt’s Bitcoin futures, the firm listed three reasons why the event is an important milestone for the industry. Following the launch of Bakkt’s Bitcoin (BTC) futures, the company listed three reasons why the event is an important milestone for the industry. In a statement on Sept. 23, Bakkt CEO Kelly Loeffler […]
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The Central Bank of Brazil considers crypto assets in the trade balance, following part of the IMF’s guidelines. Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance […]
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“Our clients are ready to work with” Facebook on Libra, said IBM’s general manager of blockchain services Jason Kelley. Technology behemoth International Business Machines (IBM) is open to working with Facebook on its Libra stablecoin, CNBC reported on Sept. 23. IBM’s general manager of blockchain services Jason Kelley said that the company is looking to […]
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