Major Chinese shipping firm China Shipbuilding Industry Company Limited will explore applying blockchain tech to upstream supply chain financing following a new partnership. China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers, reports official Chinese newspaper People’s Daily on March 27. CSICL is a […]
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Experts said that the Ethereum network is losing ground to other projects like EOS, Tron and Stellar. The Ethereum network is losing ground as developers switch to other projects, various experts told Bloomberg on March 28. Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial […]
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The likelihood of Bitcoin hitting $10,000 by September 2019 is around five percent, according to an options market observer. The chance of Bitcoin (BTC) recovering to its former five-digit highs this year is unlikely, a trading expert told MarketWatch on March 29. While 2018 was a bear year throughout, in November a massive sell-off saw […]
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Major private Indian bank, Federal Bank, has partnered with Ripple for its cross-border remittances network. India’s Federal Bank, a commercial private bank, has partnered with Ripple to use its network for cross-border remittances. The bank announced the development in a letter on March 28. The partnership with Ripple comes as part of a wider initiative […]
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Major Austrian energy provider Wien Energie is exploring the use of DLT for electric car charging stations. Wien Energie, the largest energy provider in Austria, has announced a charger for electric cars based on distributed ledger technology (DLT) in a press release on March 28. Per the release, Wien Energie in partnership with blockchain tech […]
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The U.S. SEC has delayed its decision on the VanEck and Bitwise Bitcoin ETF applications The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice […]
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Blockchain and crypto tokens are changing how traditional assets are traded, which is a bullish sign for the asset class. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when […]
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Universal Protocol’s stablecoin Universal Euro will be pegged to the euro on a 1:1 basis and will allow holders to earn interest. The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March […]
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Bitcoin briefly broke the $4,100 threshold for the first time since Feb. 24, while top 20 coins by market cap traded sideways. Friday, March 29 — Bitcoin (BTC) has hit a monthly high of $4,112 today, while top 20 cryptocurrencies by market cap are trading sideways. Many of the top 20 coins are in red […]
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Huobi’s CEO met with senior Argentinian finance officials to discuss the role of blockchain and crypto in the country’s economy. Huobi Group CEO Leon Li met with senior Argentinian finance officials this week to discuss the role of blockchain and crypto in the country’s economy, according to a press release shared with Cointelegraph on March […]
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