The Australian Securities Exchange (ASX) is teaming up with fintech firm Digital Asset and VMWare to move its current exchange platform onto distributed ledger technology. Announced today, ASX and Digital Asset have signed a three-party memorandum of understanding (MOU) to build a replacement platform for the existing Clearing House Electronic Subregister System (CHESS) onto DLT....Read More
Photo: BITLEVEX / Instagram BITLEVEX announces the launch of its new platform on September 1st, 2019. This new platform changes the way the cryptocurrency market will be viewed by people across the globe. BITLEVEX is a next-generation cryptocurrency exchange with groundbreaking technology and a wide range of instruments. The mission of the exchange is to...Read More
Facebook’s Libra project has gone through more than enough government and community criticism, but it still seems to be on its way to be launched sometime in the future. Sure there have been some rumors that several Libra Association members want to leave the project, but no matter how many will try to leave the...Read More
While the U.S.-China trade war has been a cause of pain for stock market investors, it has been a boon for bitcoin, per a new study. According to trading platform eToro, the number of bitcoin positions opened at key moments of the Sino-U.S. trade tensions this year outpaced those of gold positions entered during the...Read More
Millions of cryptocurrency investors have fallen victim to a growing number of multilevel marketing scams over the recent years. In 2018, victims lost about $1.7 billion to companies that falsely promised to multiply their capital within a short period. The criminals used plenty of old-school and new tricks to lure investors into purchasing worthless cryptocurrencies....Read More
Last week’s departure of Overstock CEO, Patrick Byrne, is unlikely to alter the online discount store’s ambitions towards crypto and blockchain. The libertarian made Overstock one of the first retailers ever to accept bitcoin way back in 2014, making it a pioneer in the industry. No Change of Tack by New CEO Overstock’s new interim...Read More
Cardano News Today – Cardano recently took in a fresh update with its Byron accomplishment, though it has been unable to stimulate the crypto community. According to the majority crypto analysts, the state of affairs is not likely to recover before the end of this year, and this strong instability will dismiss good providence of...Read More
By CCN Markets: The Dow Jones clung to gains of more than 250 points on Monday after President Donald Trump held a joint press conference with French President Emanuel Macron at the G7 in France. While the stock market edged back toward its session highs, Trump appeared unable to offer anything fresh for bulls to...Read More
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets. Binance has officially announced its lending service which is expected to kick off on the 28th of August, at...Read More
Funding crunch is one of the major reasons for Startups to shut shop in the initial stages. FInD (Fintech Investments and Deals), a Maharashtra Government initiative invites applications from different fintech startups. This will help Fintech Startups to gain access to investors for fundraising and create corporate relationships with them. PwC and MEDICI will review...Read More
Commonwealth Bank of Australia (CBA) has developed a blockchain prototype to support sustainable development. Users can trade government biodiversity credits. It is in collaboration with BioDiversity Solutions Australia (BDS), a privately-owned regional business based in Port Macquarie, New South Wales (NSW). Tradeable digital tokens (BioTokens) can be created through this prototype. Also, these tokens are...Read More
A cryptocurrency exchange claiming to settle bitcoin futures contracts physically just landed $10 million in financing from Polychain Capital and Bitcoin.com chairman Roger Ver, among others. The exchange, CoinFlex, launched in February of this year and says it is the first exchange to close futures contracts in bitcoin as opposed to a cash settlement. Speaking with...Read More
As crypto businesses have started to make the move into crypto-friendly geographies to avoid risk of shutting down, Switzerland made headlines on the other side of this spectrum by announcing banking licenses to two cryptocurrency-focused banks. According to the official report, “For the first time, FINMA has issued banking and securities dealers’ licences to two...Read More
Cardano is preparing for a short-term technical breakout from a neutral triangle pattern on the four-hour time frame The popular cryptocurrency remains technically weak across the medium-term horizon Cardano has opened the new trading weaker under renewed downside pressure and is currently the worst performing cryptocurrency inside the top twenty cryptocurrencies by market capitalization. The...Read More
Blockchain.com, a blockchain explorer provider wallet integrated Bitpay into their existing service. This agreement would help users to pay for products and services directly without ever giving up control of their private keys. Moreover, users can just scan the invoice and complete the payment using Blockchain.com’s wallet. BitPay is one of the crypto payment processors...Read More
Bitcoin scaled a fresh session high on Monday as tit-for-tat trade tariffs by the United States and China bruised global stocks and boosted demand for perceived safe-haven assets.Global mkts slumping amid trade gloom. New tariffs were announced by both China & US. Trump cited his authority under IEEPA (trade war nuclear option) to order firms...Read More
Tron Foundation’s Justin Sun hasn’t steered away from the spotlight. In a recent interview with Freewallet, Sun shared his thoughts on ongoing ventures in the ecosystem. Sun began the segment by talking about potential partnerships in the industry. He suggested that the conglomeration of resources and ideas influences growth of the space. He also assured...Read More
Crypto Oracle is using “Oracle” in its domain name and other promotions without proper consent. Oracle has the right for keyword “Oracle”. So it has filed a lawsuit in a federal court against CryptoOracle for trademark infringement and cybersquatting. Oracle had earlier sent cease and desist letters to CryptoOracle to stop using Oracle in its...Read More
The Bitcoin (BTC) network passed a new milestone this week, as new data revealed the extent of altcoins’ losses. According to data aggregator Coinmetrics.io on Aug. 25, so-called realized market cap has become the latest indicator flashing bullish for Bitcoin. Realized Bitcoin market cap surpasses $100 billion record Realized market cap, an alternative calculation of...Read More
Binance announced the launch of a platform termed as Binance Lending, which would allow users to acquire and lend their virtual assets, while asset holders would also be able to gain interest and improve their token balances. It was revealed that Lending products would be available for Binance Coin and Tether (USDT) on a subscription...Read More
GeliosTrade is an Ireland-based independent brokerage firm. The firm focuses on CFD transactions. It is also an investment platform that deals with investments in the trading market. As of now, the firm has more than 1.5 million customers, and this number is increasing with each passing day. Despite going live in March this year, the...Read More
Despite being the talk of multiple controversies over the last year, analysts express strong bullishness on the future rise of Facebook (FB) stock amidst strong fundamental and technical indicators. Facebook has been going through a very rough phase over the last year. Firstly, the Cambridge Analytica scandal in 2018 surfaced the unethical use of Facebook’s...Read More
The era of cryptocurrencies is creating a lot of hype day-by-day. It is quintessential that you grow along with these emerging technologies. If you haven’t been aware of the cryptocurrency exchanges that are trending in the crypto world then let me take you through a ride of the Zipmex Exchange Review. What is Zipmex Exchange?...Read More
Research by Messari has revealed that the top pro athletes and sports personnel can earn more if they are paid in Bitcoin which would result in rapid crypto mass adoption. One Los Angeles Chargers NFL player, Russell Okung, is pushing relentlessly for the league to adopt Bitcoin. He wants the payments for the players’ multi-million-dollar...Read More
Terra is a price- stable coin. It aims to become a widely used stable coin as a payment method in a blockchain payment solution. Recently, Terra has received an undisclosed sum of funding from Hash key Capital. HashKey Capital is an affiliate of the HashKey Group, a Hong Kong-based fintech company. However, the two firms...Read More
Cryptocurrency derivatives giant BitMEX now controls 0.15% of all the bitcoins in circulation, new data from the company reveals. BitMEX Expands Fund By 50% Since January Compiled by industry media outlet The Block, a chart of BitMEX’s Insurance Fund shows its stock has reached 31,300 BTC as of August 25. That figure is the largest...Read More
Over the past week, Crypto Twitter has been ablaze with talk of a Bitcoin (BTC) crash.You see, the Moving Average Convergence Divergence (MACD) on Bitcoin’s one-week chart flipped red for the first time since November 2018 — when the cryptocurrency was plummeting from $6,000 to $3,000.Related Reading: Bitcoin (BTC) Surges 5% in Minutes, Rallies Past...Read More
OKEx, a Malta-based cryptocurrency exchange which is responsible for $1.5 billion of volume per day on BTC futures trade, announced on Twitter that their Daily Settlement for Bitcoin SV and Ethereum Classic futures contract would be launched on 26th August, at 10 am [CEST, UTC+2]. The exchange had recently revealed its plans of launching Futures...Read More
Political unrest usually leads to economic uncertainty, which can drive investors into alternative assets or safer havens overseas. Protests in Hong Kong have garnered global attention as mainland oppression has resulted in millions taking to the streets. Some retail outlets have begun accepting crypto in preparation of further financial uncertainty.Crypto Payments Gaining PopularityAccording to the...Read More
2019 was deemed as a positive year for virtual assets as a majority of the crypto experienced a positive hike; XRP surged in the market as well which took its valuation from $0.300 to $0.475, registering a growth of over 58 percent. However, recent bearish pullback impacted XRP’s price to take a dip below its...Read More
