Hodl waves show that over 60% of the supply has not moved for a year or more, something which historically has signaled price upside. Bitcoin (BTC) is more likely to be at the start of a new bull market than at any time since 2016, new data covering investors suggests. Noted by Phillip Swift, creator […]
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The British-American entrepreneur admitted his privacy-oriented project Ghost borrowed from open-source anonymity coin PIVX, but apparently wants to sue it nonetheless. Eccentric cryptocurrency advocate John McAfee admitted his anonymity-oriented project Ghost “copy-pasted” parts of its whitepaper from the documentation for open-source privacy coin PIVX in a series of tweets today. He nonetheless appears to intend […]
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As crypto traders brace for today’s Bitcoin halving, data shows buy and hold remains the most profitable strategy. With the Bitcoin (BTC) halving happening in less than 4 hours there is strong evidence that investors are continuing to accumulate Bitcoin. Readers will recall that on March 12, a day now referred to as Black Thursday, […]
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Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to a May 11 report by the business news outlet […]
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Bank of China continues to strengthen fintech regulation, expanding pilot projects in six more cities and districts. Bank of China launched its first fintech innovation regulatory pilot project in Beijing last year. The bank announced plans to expand its regulatory pilot projects in six more cities and districts on April 27. The bank plans to […]
Continue ReadingMany Bitcoiners believe ‘unlimited money printing’ will cause hyperinflation and boost BTC’s price — but experts believe deflation could be on the way. Many Bitcoiners believe that ‘unlimited money printing’ will cause hyperinflation and a major BTC price spike this year — but experts in the U.S. and Australia predict deflation is more likely to […]
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Following a set of simple trading rules can be the difference between a growing portfolio and a liquidated account. Here’s 10 rules to consider. Dennis Gartman began his trading career in the 1970s and over the years he amassed a ton of experience trading Forex, treasuries, stocks, commodities, and derivatives. Those familiar with Gartman will […]
Continue ReadingMajor investment bank Citigroup announced it has increased its equity stake in Ethereum-based trade finance platform Komgo. U.S.-headquartered bank Citi has upped its investment in the Ethereum-based decentralized trade financing startup Komgo. Kris van Broekhoven, the global head of commodity trade finance at Citigroup, revealed that the bank has “topped up” its equity in Komgo […]
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Cointelegraph spoke to Nick Short, COO of Hqlax about ING’s undisclosed investment into the platform and firm’s plans for 2020. Following an undisclosed investment into Hqlax from Dutch multinational bank ING on March 6, Cointelegraph spoke to Nick Short, the COO of tokenized securities firm. Short describes ING as one of the company’s “longest-standing strategic […]
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CBDC’s and currencies such as Facebook’s Libra could force the U.S. to adapt to save its spot as the world’s leading currency, ING economist Carlo Cocuzzo explained. As multiple countries and entities weigh the validity of a central bank digital currency the physical United States dollar still sits in a place of dominance — but […]
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