How does Bitcoin’s positive online sentiment affect the market outlook? Data suggests that holders are suddenly becoming more active. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, show that the Bitcoin Age Consumed experienced a large uptick with the recent price increase — a sign that tokens previously dormant are on the […]
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Despite its centralized design, JPM Coin’s real life utilization represents a step toward the mainstream adoption of blockchain technology. On the heels of PayPal announcing its decision to enter the crypto sector early next year, Bitcoin (BTC) has continued its strong performance and has been hovering around the $13,500 mark for nearly a week now. […]
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Top holders control vast amounts of supply. A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects — especially those with strong venture capital roots — remain […]
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SIMBA Chain beat competitors such as Boeing by using blockchain to underpin a war games solution for the U.S. Department of Defense. One often hears blockchain in the same breath as security and supply chains. This week, a winning entry to a competition organized by the United States Department of Defense cast both these aspects in […]
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While tZERO’s net revenues have nearly doubled year-over-year, Overstock’s fledgling security token exchange is still far from profitable. Despite explosive third-quarter growth in the security token sector, Overstock’s Q3 2020 earnings report reveals that its tZERO alternative trading system (ATS) has continued to lose money. The ATS specializes in security tokens, consistently hosting more than […]
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Bitcoin’s decoupling from stocks began within days of its NVT price hitting an all-time high, according to Willy Woo. Bitcoin (BTC) has started to decouple from the U.S. stock market index S&P 500 according to crypto statistician Willy Woo. First signs of de-coupling behaviour spotted between BTC and stocks. Buying from an influx of new […]
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The country continues to make slow but sure steps on its way to being a crypto-friendly nation Mongolia’s largest bank will soon begin offering crypto services including custody, remittance, deposits, loans, and crypto-asset management. According to DDaily, blockchain company Hexland — founded by former Samsung developers — and white label tech company Delio havagreed to […]
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Japan is firming up at the most likely new headquarters for Ripple if it leaves its San Francisco offices Japanese financial giant SBI Holdings CEO Yoshitaka Kitao said that Japan is the most likely country Ripple will relocate to, should it leave the United States. At an Oct. 28 press briefing, Kitao stated that the […]
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Tax season is confusing, especially when it comes to crypto. Wendy Walker, solution principal at the tax compliance company Sovos, described reporting as the most important aspect of tax filing that people in the blockchain industry should know about. “Even if you don’t owe income taxes, you still have to report details of the transactions,” […]
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30 new blockchain adoption applications will be considered as part of the city’s two-year plan. Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture. During the 2020 Chengdu Global Innovation and Entrepreneurship Fair, the city’s first International Blockchain Industry Expo, […]
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