The Tether stablecoin is about to be released on its fifth blockchain, Algorand, the company announced. The Tether (USDT) stablecoin is about to be released on its fifth blockchain, Algorand, the company announced in a tweet published on July 17. Tether on a ‘Pure’ Proof-of-Stake Blockchain In a press release concerning the upcoming release of […]
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Blockstream CSO, Samson Mow, says that Facebook should have just used Bitcoin instead of developing Libra because regulators won’t let it happen. Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published […]
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A temporary ban on Faster Payments means U.K. cryptocurrency traders must send funds via SWIFT. United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16. Coinbase Suspends Faster Payments Deposits in U.K. Coinbase, which previously […]
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The billionaire investor appeared to stand up for internet freedom in India, but his comments gained little appreciation. Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency. Draper Appears To Mistake Draft Law For Genuine Ban […]
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Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals. Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove […]
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France is poised to approve initial coin offerings operators and other crypto businesses with its new regulatory approach to the sector. France is poised to approve initial coin offerings (ICO) operators and other crypto businesses with its new regulatory approach to the sector. ‘France is a Precursor’ As Reuters reported on July 16, the new […]
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U.S.-based regulated crypto derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin hitting $100,000 by 2020. United States.-based regulated crypto derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin (BTC) hitting $100,000 by 2020. New Possibilities for the Retail Crypto Trader As Bloomberg […]
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The combined cryptocurrency market cap should shed 80% of its recent gains, Peter Brandt warns. Bitcoin Price Clings to $9,500 Support Bitcoin (BTC) continued to trade down on July 17 after a further 10% fall sent the price of the largest cryptocurrency back below $10,000. Market visualization courtesy of Coin360 Data from Coin360 showed a […]
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Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape. Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, […]
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Senator Brown is concerned that Libra will allow Facebook to gain unfair control over the financial system and dictate new money policy to the detriment of ordinary citizens. Libra is a “recipe for more corporate power over markets and over consumers,” according to U.S. Senator Sherrod Brown, ranking member of the Senate Banking Committee. Senator […]
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