RBC analysts believe that China’s digital currency might become the dominant digital currency if U.S. regulators dismiss Facebook’s Libra coin. Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development of digital currency in […]
Continue Reading
Digital asset management giant Grayscale registered over $254 million in total investments into its products in the third quarter of 2019. Digital asset management giant Grayscale registered over $254 million in total investment into its products in the third quarter of 2019. In its Digital Asset Investment Report for Q3 2019, Grayscale provided details on […]
Continue Reading
Cryptocurrency markets are turning red, while Bitcoin takes a sudden dip below $8,200 after trading sideways for the better part of the day. Tuesday, Oct. 15 — Bitcoin (BTC) has continued to trade sideways for most part of the day, while taking a sudden dip in recent hours. Market visualization. Source: Coin360 The world’s most popular […]
Continue Reading
Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from investors including Peter Thiel in a Series A funding round. Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round. As Fortune reported on Oct. 15, venture capitalist and PayPal co-founder Peter […]
Continue Reading
Bitcoin Price action and the total market cap shows potential signs of a bear trap for the entire crypto market. While Bitcoin price (BTC) is moving in a close range and altcoins start to move upwards, the overall sentiment of the market is still fear. Crypto market data. Source: Coin360 Fear is a normal expression […]
Continue Reading
An Initial Exchange Offering, or IEO differs from an Initial Coin Offering, or ICO in one very important way: only members of a specific digital currency exchange may participate in the coin offering. In this way, an IEO may be regarded as a sort of private form of an ICO, and its popularity is growing. […]
Continue Reading
eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies. The social trading and investing platform eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies. eToro unveiled the […]
Continue Reading
The UAE’s Securities and Commodities Authority will be collecting public feedback on drafted regulations on crypto assets until Oct. 29. The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industry According to an official statement from Oct. 15, the SCA will be collecting […]
Continue Reading
CipherTrace, a blockchain security firm and Malta’s crypto supervisor, has expanded its crypto intelligence platform to 700 tokens. United States-based blockchain security firm CipherTrace has expanded its crypto intelligence platform to 700 tokens. Tracing hundreds of ERC-20 tokens With the expanded platform launched on Oct. 15, CipherTrace now allows clients to trace more than 87% […]
Continue Reading
The world’s second-largest stock exchange, Nasdaq, has listed the AI-powered CIX100 index created by crypto data provider Cryptoindex. The world’s second-largest stock exchange, Nasdaq, has listed the AI-powered CIX100 index created by crypto data provider Cryptoindex. The news was revealed in a press release shared with Cointelegraph on Oct. 15. Neural network-based analysis CIX100 is […]
Continue Reading