Most major cryptocurrencies are nearing stiff resistance levels, which can result in a few days of consolidation or a minor correction. The institutional investors have maintained their bullish stance on Bitcoin. Though the spot price is yet to hit $10,000, CME Bitcoin futures have already reached the five-figure mark. Additionally, the Bitcoin futures open interest […]
Continue Reading
Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain platform for tracking and managing data. Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain-based platform for tracking and managing data. Dubbed “33 Charity,” the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations, according to a press release […]
Continue Reading
RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning […]
Continue Reading
A major Hong Kong crypto event, will be taking place half a year later due to the coronavirus outbreak. A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak. TOKEN2049, a major crypto event held annually in Hong Kong, is the latest one to postpone its conference. Originally […]
Continue Reading
Wikipedia co-founder Jimmy Wales has expressed skepticism regarding top-10 digital currency BSV, claiming that the coin “offers nothing for Wikipedia.” Wikipedia co-founder Jimmy Wales has expressed skepticism regarding top-10 digital currency Bitcoin SV (BSV), claiming that the coin “offers nothing for Wikipedia.” Wales made his statement right after the team behind the CoinGeek London conference […]
Continue Reading
Swiss regulators are now adopting FATF directives from June 2019, which required to lower the threshold for unidentified crypto exchange transactions to just $1,000. The Swiss Financial Market Supervisory Authority (FINMA) passed an anti-money laundering provision on Feb. 7. Citing additional risk, the threshold for unidentified crypto exchange transactions is lowered from 5,000 CHF to […]
Continue Reading
Binance, one of the world’s largest crypto exchanges, plans to further bolster its fiat-to-crypto channels by hiring a former TradingView exec. Binance, one of the world’s largest cryptocurrency exchanges, is planning to further bolster its fiat-to-crypto gateways by hiring a former TradingView exec. Iskander Malikov, a former chief operating officer at major trading chart analysis […]
Continue Reading
Paystand’s hybrid blockchain platform is achieving success in the commercial payments industry, allowing it to raise $20 million in Series B funding. Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial […]
Continue Reading
Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin daily confirmed transactions are soaring to levels not seen since September. Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin (BTC)’s daily confirmed transactions (txs) are soaring too. The latest available data on Blockchain.com, for Feb. 6, indicates 315,370 daily […]
Continue Reading
CME Bitcoin futures investors were trading the equivalent of $10,000 per Bitcoin as weekly gains top 5%. Bitcoin (BTC) crossed the $10,000 mark for swathes of institutional investors this week as markets looked increasingly likely to surge higher still. Bitcoin 7-day price chart. Source: Coin360 CME reaches $10K per Bitcoin Data from CME Group’s Bitcoin […]
Continue Reading