Senior executives acknowledged the technology is not yet superior for its purposes, while remaining optimistic about development. A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20. In a new interview, the firm’s dedicated […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin has fallen below the $7.900 mark again. Monday, May 20 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again. Market visualization courtesy […]
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The CEO of the blockchain bourse, Alexander Wallin, hopes SprinkleXchange will list as many as 1,000 companies in the next four years. SprinkleXchange, a blockchain-powered initial public offering platform, is preparing to list its first company in June, Bloomberg reported on May 17. According to Alexander Wallin, the bourse’s CEO, it is hoped that up […]
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In a tweet, Tom Lee shared 13 signs that the crypto winter is over — suggesting that industry growth may be here to stay. Fundstrat Global Advisors co-founder Tom Lee has claimed that the crypto winter is over in a tweet on May 19. In the message, Lee said last week’s Consensus conference in New York City was the […]
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Centralized crypto exchanges saw a major uptick in traded volume this April, with a solid 85% overall increase among top fiat-to-crypto platforms. Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20. Among top fiat-to-crypto platforms, monthly […]
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Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin wallet dubbed “Wallie” because of risk concerns. Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin (BTC) wallet dubbed “Wallie” because of risk concerns, according to a report published on May 20 by tech news outlet The Next Web. Per […]
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JPMorgan strategists claim that bitcoin’s recent rally has reproduced a pattern from its historic 2017 performance. Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20. The strategists — […]
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Bitstamp processed a very large sell order, while Bakkt’s bitcoin futures should be tested in July. Top Stories This Week Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — […]
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Kik CEO Ted Livingston reportedly said that the company spent over $5 million on negotiations with the U.S. SEC. Ted Livingston, the CEO of Canadian-based messaging startup Kik, told cryptocurrency news outlet Coindesk that the company spent over $5 million on ongoing negotiations with the United States Securities Exchange Commission (SEC). The news was revealed […]
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A vote about whether to decrease the so-called stability fee by two percent for Maker’s DAI stablecoin has started. A vote about whether to decrease the so-called stability fee for MakerDAO’s ethereum blockchain-based decentralized stablecoin DAI has started. The vote was announced on the organization’s blog on May 17. If approved, the latest proposal would […]
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