The utopian idea of universal basic income — which has been with humanity for at least half a millenia — can become real with digital currency. Due to the crisis caused by COVID-19, millions of people have lost all or part of their income. To support them, governments have been giving out money to victims. […]
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China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments. Chinese officials are reportedly planning to create an East Asia digital currency to assert more independence from the United States dollar and foster trade relations within the region. According to a recent Nikkei Asia report, […]
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A survey by Japanese crypto exchange BitMax shows 25% of traders prefer XRP, compared to only 9% in ETH and 26% BTC. Despite the fact Ether is currently the second largest cryptocurrency by market cap, Japanese crypto holders may prefer to hold XRP. According to the results of a survey posted to Twitter by Japanese […]
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Major cryptocurrency exchange OKEx is integrating Paxful’s Kiosk and trading services into its platform. Peer-to-peer Bitcoin (BTC) marketplace Paxful is integrating its platform with major cryptocurrency exchange OKEx. According to an announcement on June 15, the partnership will offer several payment methods for OKEx users through Paxful’s Kiosk to buy Bitcoin with over 160 fiat […]
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Government surveillance may be more rampant in the crypto space than most users realize, says a source familiar with ongoing tactics. On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the Internal Revenue Service. In the days since, […]
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Japan’s minister of finance questioned crypto terminology, a company joined the Japan Security Token Association and more headlined news from Japan this past week. This week’s headlines from Japan included Japan’s minister of finance spurring conversation on crypto terminology, Merkle Science joining the Japan Security Token Association, Fobi Japan listing its own token, and Coincheck […]
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Takeshi Fujimaki, a former adviser to George Soros, said it was “not a surprise” to hear Paul Tudor Jones’ bitcoin revelation. When macro investor Paul Tudor Jones, or PTJ, confirmed he was investing in Bitcoin, it sparked an uptick for the whole crypto market. Many crypto traders welcomed his surprise move, noting it was a […]
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2020 has been one of BTC’s most volatile periods, but why do cryptocurrency exchanges keep crashing under high demand? Nobody can really predict Bitcoin’s (BTC) price volatility. But one thing is becoming painfully predictable when the price of Bitcoin suddenly lurches in one direction or another: One or more of the major cryptocurrency exchanges simply […]
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bitFlyer Blockchain revealed a new blockchain-based new app to allow fair voting at virtual shareholders meetings. The blockchain arm of Japan-based bitFlyer Holdings is debuting a new app for shareholder voting. According to an announcement by bitFlyer Blockchain, the new app — dubbed bVote — aims to allow Japanese corporations to conduct general shareholders meetings […]
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Here’s how the crypto derivatives market compares to the traditional derivatives one. Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such […]
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