Bitcoin is at a critical level. Rising open interest on Bakkt with intraday recovery in BTC price indicates buying at lower levels. The total crypto market capitalization slumped from close to $238 billion on Nov. 18 to a low of about $189 billion on Nov. 22. That is a drop of just over 20% within […]
Continue Reading
The evolution of JPMorgan Chase’s blockchain products, an expert take by former JPM and U.S. SEC tech leads. JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to […]
Continue Reading
The EU has the potential to become the leader of crypto legislation, guiding other countries in the direction of legal regulation. Part of the appeal of digital currencies is their global nature. Since the vast majority of digital currencies are not sponsored by an individual state, the hope was that the crypto world could be […]
Continue Reading
Institutional investors appear unfazed by the perils of trusting others with their private keys, despite the well-publicized risk of loss, theft and regulators. Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who […]
Continue Reading
Gladius, a cryptocurrency startup that raised over $12 million in a 2017 ICO, announced it is ceasing operations without reimbursing its token holders. Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of […]
Continue Reading
The largest data center in the former Soviet Union grants miners cheap energy when mining in the former world’s largest aluminum smelter. The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC), […]
Continue Reading
Data estimates show computing power remains near its highest-ever levels on the Bitcoin network, while price suppression still remains. Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests. According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as […]
Continue Reading
Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world. The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on […]
Continue Reading
Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement with the Philippines to support the development of local tech startups. Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities. Per […]
Continue Reading
Grayscale Bitcoin Trust may become the first SEC-reporting crypto-based security, potentially signifying a trend for more transparency. On Nov. 19, Grayscale Investments, a subsidiary of Digital Currency Group and the world’s largest digital asset manager, filed a voluntary registration statement on Form 10 with the United States Securities and Exchange Commission on behalf of its […]
Continue Reading