Grayscale: Bitcoin Gained 47% in US-China Trade War Drawdown

Traditional assets saw broad losses with few exceptions, with Chinese uncertainty potentially contributing to bitcoin’s price rise. Bitcoin (BTC) vastly outperformed traditional wealth preservation assets during the United States–China trade war, American digital asset manager Grayscale confirmed in research published on June 11. Updating “Hedging Global Liquidity Risk with Bitcoin” — a report originally from […]

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Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban

A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]

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Fundstrat Global Advisors Technical Analysis Points to Further Rally

In its new technical analysis, market research company Fundstrat Global Advisors says that it is time to buy cryptocurrencies. In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13. Per the analysis, most digital currencies are trending upwards as relative-strength-index […]

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Huawei Considering Launch of Blockchain Services in Latin America

Chinese telecommunications hardware giant Huawei is studying the entire Latin American market and considering expanding its operations. Chinese telecommunications hardware giant Huawei is studying the entire Latin American market and considering expanding its operations, Cointelegraph Brazil reports on June 13. Per the report, a Huawei executive said at the CIAB Febraban conference on June 11 […]

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Report: Number of Blockchain Patent Filings Outstrips Other Technologies

The number of patent filings for blockchain tech is reportedly outpacing patent filings for other forms of nascent technology, according to a new report. The number of global blockchain patent filings significantly outstrips the patent filings for other technologies, according to research by the Swiss Federal Institute of Intellectual Property (IPI) and London-based law firm […]

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