In the past month, Blockstack (STX) token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches. Blockstack (STX) might not be on every investor’s radar, but the 72nd-ranked cryptocurrency by market capitalization has been doing some serious work behind the scenes. Blockstack (STX) 1-month chart. Source: Coin360.com The company behind the […]
Continue Reading
As Bitcoin’s impressive run continues, it would not be surprising to see crypto FOMO reach institutional investors as well. With the crypto sector currently riding a wave of bullish sentiment, as demonstrated by Bitcoin (BTC) passing its all-time high value of $19,892 at the start of the month, causal as well as institutional investors all […]
Continue Reading
Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. Central bank digital currencies, or CBDCs, will be fairly easy to convert into cryptocurrencies in the future, Ethereum co-founder Vitalik Buterin believes. Speaking at the Singapore Fintech Festival 2020 on Dec. 9, Buterin said that he expects a lot of […]
Continue Reading
As Bitcoin dropped below $18,000, major altcoins including XRP and DeFi tokens fell by 10% to 30%. The price of several big-name alternative cryptocurrencies fell especially hard following a Bitcoin (BTC) pullback to $17,650 on Dec. 9. Namely, XRP and top decentralized finance (DeFi) tokens, YFI and AAVE, dropped by as much as 10% to 20% in […]
Continue Reading
Depositors using Fidelity Digital Assets custody will be able to access liquidity via BlockFi. Fidelity Digital Assets, the crypto arm of the asset management conglomerate, will allow institutional customers to pledge their Bitcoin (BTC) as collateral for cash loans. As reported Wednesday on Bloomberg, the firm partnered with crypto lender BlockFi to disburse the loans. […]
Continue Reading
A crypto advocate group in Russia is lobbying for more friendly federal crypto law. Major cryptocurrency advocates in Russia are opposing the government’s stringent approach to regulating the crypto industry. The Committee on Blockchain Technologies and Cryptoeconomics, whose ranks include executives from major crypto exchanges Binance and OKEx, has called on the state to soften […]
Continue Reading
Ukrainian government officials are investing in cryptocurrency. A newly appointed official in Ukraine has officially declared his cryptocurrency holdings including a significant amount of privacy-focused cryptocurrency Monero (XMR). Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth […]
Continue Reading
The major British bank is “rewiring the DNA in banking” with crypto. Standard Chartered, one of the biggest banks in the United Kingdom, has officially announced plans to provide institutional custody for major cryptocurrencies like Bitcoin (BTC). According to a Dec. 9 announcement, Standard Chartered’s innovation arm SC Ventures has partnered with United States-based investment […]
Continue Reading
Learn more about a blockchain’s transparency with a block explorer. A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really […]
Continue Reading
Downward pressure sees Bitcoin stop trading sideways to fill more of the giant $1,300 CME futures gap on Wednesday. Bitcoin (BTC) fell below $18,000 on Dec. 9 in the latest continuation of its bearish comedown from all-time highs. Cryptocurrency market overview from Coin360 Analyst: BTC price should “keep correcting” Data from Cointelegraph Markets, Coin360 and […]
Continue Reading