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Some Major Coins Still Making Gains, Others Trade Sideways as Oil Reports Mixed Signals

May 14, 2019cashtechnews

Bitcoin continues to trade near $8,000, with other top 20 cryptocurrencies reporting mixed signals. Tuesday, May 14 — Yesterday’s rally in cryptocurrency markets has slowed, with the top 20 coins by market capitalization reporting mixed signals, according to Coin360. Market visualization from Coin360 After breaking the $8,000 threshold yesterday, the leading cryptocurrency bitcoin (BTC) has […]

Pfizer Executive: Technology Is ‘Basically Good Enough’ to Ramp Up Production Blockchains

May 14, 2019cashtechnews

Ken Nessel says existing tech isn’t the main hurdle to mainstream adoption — the need for shared infrastructure and governance is. A Pfizer executive has challenged existing theories about slow rates of blockchain adoption — telling the Consensus conference on May 14 that the technology is “basically good enough to have more production blockchains than we […]

Tether, Bitfinex Request Lessening of Cash Use Restrictions Imposed by Injunction Order

May 14, 2019cashtechnews

The letter comes after a judge had noted that the scope of the OAG court order was too broad. Lawyers for parent firm iFinex Inc., Bitfinex, USD stablecoin issuer Tether and affiliated entities have submitted a letter to Justice Joel M. Cohen on May 13 asking for more leniency in the use of cash restrictions […]

XRP Tops Cryptocurrency Price Gains After Coinbase and ETN Rollout

May 14, 2019cashtechnews

Coinbase releases trading for New York residents in a move which sparked a 22% XRP price move. United States cryptocurrency exchange Coinbase confirmed it had rolled out XRP trading to New York users in a social media update on May 13. Amid bitcoin’s (BTC) ongoing bull market, XRP topped the day’s best performers on Tuesday […]

Financial Service Giant BNY Mellon Appoints New Head of Blockchain

May 14, 2019cashtechnews

Subhankar Sinha will be the company’s new Head of Blockchain, a role for overseeing BNY Mellon’s blockchain ventures. New York-based global investments company, Bank of New York Mellon (BNY Mellon), has named Subhankar Sinha as the company’s Head of Blockchain, according to a May 13 press release. Sinha’s role in the corporation will be to […]

Payments Startup Uphold to Use Ledger Vault

May 13, 2019cashtechnews

American payments startup Uphold has announced that it will use Ledger Vault to add more security to its platform. French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13. Formerly known as Bitreserve, Uphold will reportedly incorporate […]

Grayscale Reports Vast Majority of Investments in Q1 2019 Were in Bitcoin Trust

May 13, 2019cashtechnews

New York-based crypto asset manager Grayscale reported a 42% growth in its product inflows in Q1 2019 over the previous quarter. American digital asset manager Grayscale Investments reported a 42% growth in its product inflows in Q1 2019 over the previous quarter, the firm announced in a new financial report on May 13. Grayscale was […]

Flexa Launches App Where Shoppers Can Spend Crypto at 15 Major US Retailers

May 13, 2019cashtechnews

Major American brands such as Barnes & Noble, GameStop and Whole Foods Market are among the retailers accepting payments. Payments startup Flexa unveiled an app where consumers can spend cryptocurrencies at major American retailers. The app was unveiled during the first day of the Consensus conference in New York City on May 13. Tyler Spalding, the company’s […]

Bakkt to Roll Out First Bitcoin Futures Testing in July 2019

May 13, 2019cashtechnews

First announced in August 2018, ICE’s Bakkt is planning to test bitcoin futures trading and custody in July 2019. Bakkt plans to roll out testing for bitcoin futures trading in early July 2019, Bakkt CEO Kelly Loeffler announced in a Medium post on May 13. First announced in August 2018, institutional crypto exchange Bakkt now […]

Bitfinex CTO Reinforces Rumors Exchange Has Raised $1 Billion in IEO

May 13, 2019cashtechnews

Paolo Ardoino made fresh comments prior to an official announcement, with a public token purchase phase now unlikely to go ahead. The CTO of cryptocurrency exchange Bitfinex appeared to confirm the entity had raised $1 billion in fresh investment in new social media comments on May 13. Following rumors that began with a major shareholder […]

Tag: new york

Some Major Coins Still Making Gains, Others Trade Sideways as Oil Reports Mixed Signals

Pfizer Executive: Technology Is ‘Basically Good Enough’ to Ramp Up Production Blockchains

Tether, Bitfinex Request Lessening of Cash Use Restrictions Imposed by Injunction Order

Financial Service Giant BNY Mellon Appoints New Head of Blockchain

Payments Startup Uphold to Use Ledger Vault

Grayscale Reports Vast Majority of Investments in Q1 2019 Were in Bitcoin Trust

Flexa Launches App Where Shoppers Can Spend Crypto at 15 Major US Retailers

Bakkt to Roll Out First Bitcoin Futures Testing in July 2019

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