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Customer Demand Sees Square Buying 598% More Bitcoin in Q2 2020
As Q2 ends, the financial report for the quarter ending July 30 comes flowing in with “strong growth” as a common theme. Now, Twitter founder and bitcoin supporter Jack Dorsey’s Square has released its Q2 report that revealed the Cash App recorded an increase of 186% in its bitcoin volume. In comparison, during the same […] дальше »
2020-8-5 17:52 | |
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MoneyGram Received $15.1 Million In XRP Incentives From Ripple In Q2 2020
MoneyGram’s Q2 financial report reveals that over $15 million worth of XRP was paid to the company by Ripple. The report says the payment was an incentive for the use of Ripple’s payment solution, On-Demand Liquidity (ODL). дальше »
2020-8-1 20:22 | |
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Worlds Fourth-Largest Bank, MUFG, to Roll Out A Digital Currency for Mobile Payments
Japan’s giant banking institution, Mitsubishi UFJ Financial Group Bank (MUFG) finally announces plans to launch its digital currency after releasing a conflicting report in December 2019. According to local news website, Mainichi, MUFG’s president, Hironori Kamezawa, confirmed the company will launch its own digital currency partnering with Recruit Group, which operates restaurant introduction sites including […] дальше »
2020-7-21 19:10 | |
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Report: Paxos Chosen As PayPal Partner for Crypto Services Offering
Payments giant PayPal has chosen Paxos to handle digital assets for the upcoming (yet unconfirmed) crypto offering, CoinDesk reported Monday. PayPal the Biggest Financial Firm to Onboard Crypto? Coindesk said “two people familiar with the matter” told the publication that PayPal users will soon have access to crypto services; including trading and storage. дальше »
2020-7-20 13:00 | |
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Financial Services Dominate European Blockchain Dev: Report
Financial services, healthcare, and energy are the primary focus industries for blockchain development in Europe. Ethereum, the second-largest network by market capitalization, is the base layer for almost a third of decentralized ledger technology (DLT) startups coming out of Europe. дальше »
2020-7-4 23:30 | |
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Lebanon’s Fiat Currency, the Lira, Drops 50% of Its Value in 10 Days Due to Hyperinflation
Lebanon's financial crisis is only deepening with each passing day, as the country is engulfed in hyperinflation. An unofficial report suggested that the value of the national fiat Lira has fallen by 50% in a matter of two weeks. дальше »
2020-7-3 23:22 | |
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Bitcoin Dominates Crypto by Brand Recognition, Says FCA Survey
By far, Bitcoin has the strongest brand recognition among cryptocurrencies, according to a new report from the UK’s Financial Conduct Authority. The report surveyed over 2,200 consumers and 658 cryptocurrency... дальше »
2020-7-1 01:31 | |
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Bitcoin “Whale” Holdings are Now at Pre-$20,000 Levels, Here’s What it Means
Bitcoin “whales,” or users holding significant amounts of BTC, are surging in recent weeks to reach levels last seen in January 2018. BTC Whales Growing A report by on-chain analytics firm Glassnode noted on June 15 that BTC whales are steadily growing, presumably as worldwide financial markets see increased volatility and turmoil and investors considerRead MoreRead More. дальше »
2020-6-17 13:07 | |
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Quench Your Thirst in Australia, New Zealand by Paying with Bitcoin at Coca-Cola Vending Machines
dentCoca-Cola consumers in Australia and New Zealand can now acquire their soft drinks with cryptocurrency through specific vending machines. A report by The Australian Financial Review recently highlighted that a deal between Asia-Pacific Coca-Cola distributor, Amatil, and Centrapay would see over 1200 point-of-sales accept Bitcoin and ERC-20 tokens. дальше »
2020-6-11 20:39 | |
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Ripple-Partner, MoneyGram, Sees 107% Growth in Customer Transactions Year-Over-Year: Q1 Report
MoneyGram International Inc. (MASDAQ:MIG) peaked at $4. 03 on June 10, 2020, representing a sharp 20% increase since the markets opened on Monday. The rise comes in light of the recent release of positive reports on the company’s financial health and customer growth in Q1 2020. дальше »
2020-6-11 18:19 | |
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Binance, OKEx and Huobi Exchange Native Tokens Are Undervalued; TokenInsight Report
A recent report by TokenInsight, a crypto analytics firm, has revealed that most exchange-based tokens in the market are currently undervalued. The firm applied a number of metrics in its analysis given the ambiguous nature of crypto markets; some of the financial valuations include Burning Yield, Price to Burn ratio, Price to Earnings ratio, and […] дальше »
2020-6-8 17:07 | |
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In-Depth CBDC Report Published by Federal Reserve Bank of Philadelphia
Researchers at the Federal Reserve Bank of Philadelphia recently published a paper exploring the potential impact of a Central Bank Digital Currency on our financial system. The report noted that in addition to eliminating the need for cash, a CBDC should prevent future bank runs by giving the US Federal Reserve a monopoly on deposits. дальше »
2020-6-5 10:21 | |
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Here’s Why Bitcoin & Gold Didn’t Surge During the Enormous Volatility in Q1 2020: Report
The reason behind the safe assets like gold and bitcoin not surging despite the coronavirus pandemic creating enormous volatility in the global financial markets is the “intense and large-scale manipulation,” states a report by the University of Sussex. дальше »
2020-5-27 19:18 | |
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Bitcoin Leaves Banking Stocks In The Dust As IMF Warns Banks Are In For Major Losses
The financial crisis exposed by the Covid-19 pandemic has worsened financial vulnerabilities across the world. A new report from the IMF has shown three potential weak spots that can amplify the financial conditions, causing more instability or a worsened financial crisis. дальше »
2020-5-24 00:57 | |
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Wyoming: New Blockchain Committee to Focus on Digital Identity and Property Rights Solutions
According to a report by Wyoming Tribune Eagle published on May 17, 2020, Rep. Jared Olsen, R-Cheyenne, and Senate Minority Leader Chris Rothfuss, D-Laramie, have announced the formation of Wyoming’s new permanent Select Committee on Blockchain and Financial Technology. дальше »
2020-5-19 23:00 | |
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Stansberry Innovations Report: Bitcoin and Blockchain Investment Research
Stansberry Innovations Report by Stansberry Research is a financial newsletter by Porter Stansberry himself that is priced at only $49 per year, when originally the cost was $200. In short, one of the leading pioneers in the financial investment research newsletter industry, the Stansberry Innovations Report features two new special reports; Bitcoin and Blockchain Quick-Start […] дальше »
2020-5-1 21:28 | |
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Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. дальше »
2020-4-24 20:30 | |
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Banks’ 1Q Earning Report Reveals They Are Stockpiling Cash in Anticipation of a “Severe Recession”
With interest rates plummeting below zero and the central banks printing money like crazy, it is believed bitcoin is finding new users in those looking to escape the uncertain financial system. These new investors are apparently using BTC as a safe haven as their confidence in the traditional market wavers. With money continuing to lose […] дальше »
2020-4-20 15:31 | |
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World Bank Report Illustrates The Potential of Blockchain In Bid For Financial Inclusion
Emerging technologies like Blockchain have sent Financial Institutions into a frenzy to try and adopt them lest they get left behind. These same entities have tried to integrate their legacy-ridden payment systems in a bid to achieve seamless operations. дальше »
2020-4-16 00:16 | |
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Andreessen Horowitz, A16z, Seeks $450 Million In Latest Crypto Funding: Report
Reports from the Financial Times confirmed that Andreessen Horowitz, the crypto-focused investment firm, is looking to raise additional funding of close to half a billion in this new round. The news comes at a time when the world’s economies are languishing in the Coronavirus epidemic and signals that investors are still willing to test the […] дальше »
2020-4-15 20:33 | |
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FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations
A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its state and federal framework. дальше »
2020-4-2 10:10 | |
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Bitcoin’s Correlation with US Equities ‘Unlikely to Persist’, says Binance Research
Binance Research has published a report that highlights specifics about the effects of the current financial plunge on the world’s financial markets. In the post titled ‘How Has the Recent Market Turmoil Impacted Cryptocurrencies?’, the Binance Research team made a few points about the general performance of the crypto market in the first quarter of […] дальше »
2020-4-2 21:55 | |
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Bitcoin (BTC) Continues to Be Positively Correlated with Equity Markets, Research Says
According to a report published by The Block, on March 28, 2020, premier cryptocurrency Bitcoin (BTC) continues to struggle to establish its “safe-haven” status amid the ongoing financial crisis courtesy of the devastating COVID-19 pandemic. дальше »
2020-3-29 17:00 | |
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Alibaba’s Koala Haigou Taps Blockchain for Supply Chain and Logistics
Koala, the cross-border e-commerce marketplace acquired by Alibaba Group in September 2019, has adopted Ant Financial’s blockchain solution, to foster transparency in its supply chain and eliminate goods mismatch, according to a Sina Finance report on March 17, 2020. дальше »
2020-3-18 15:00 | |
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German Financial Regulator BaFin Recognizes Crypto As Financial Instrument
Germany’s financial watchdog, the Federal Financial Supervisory Authority (BaFin) has officially recognized cryptocurrencies as financial instruments. This, according to a report by Decrypt, March 3, 2020. дальше »
2020-3-4 16:00 | |
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KPMG Report: Tremendous Profit Potential for Cryptocurrency Custodians in the Industry
According to a Bloomberg report published on March 2, 2020, auditing giant KPMG has stressed that the cryptocurrency industry must improve how it secures digital assets in order to keep growing. KPMG Emphasizes the Security of Digital Assets Bitcoin (BTC), the first cryptocurrency developed during the aftermath of the 2008 financial crisis has been inRead MoreRead More. дальше »
2020-3-3 02:00 | |
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BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s
Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The paper has 138 pages and looks at what’s on the horizon in the financial sector, especially since tokenization, central bank digital currencies (CBDCs) and cross-border payments are starting to be more and more in trend. […] дальше »
2020-3-3 01:48 | |
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Central Bank Digital Currencies and Tokenization Examined in New BIS Report
Central bank-owned global financial institution, the Bank for International Settlements (BIS), has released its quarterly report for Q1 2020, which details several conclusions and insights that the institution has made on digital currencies. дальше »
2020-3-2 16:10 | |
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Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth
According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading. дальше »
2020-2-29 22:24 | |
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Bitcoin Can Only Act As A Hedge Against A Loss Of Confidence In Fiat And Payment System: JPMorgan
According to JP Morgan Chase and Co. ’s 74-page report later this week states, the digital money will change the financial world. “2019 will be remembered for the rise of digital money,” the bank said in its report. дальше »
2020-2-24 22:15 | |
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JPMorgan Says Blockchain Is Laying Foundations for Digital Money
JPMorgan released a report last Friday, detailing the global enthusiasm for blockchain technology in the financial sector. In the 74-page report, JPMorgan described several projects that have shown ‘real world’ application for Blockchain in finance and as a result describes 2019 as the year of “the rise of digital money”. дальше »
2020-2-22 16:30 | |
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JPMorgan: Blockchain Is Laying the Bedrock for Digital Money
JPMorgan released a report last Friday, detailing the global enthusiasm for blockchain technology in the financial sector. In the 74-page report, JPMorgan described several projects that have shown ‘real world’ application for Blockchain in finance and as a result describes 2019 as the year of “the rise of digital money”. дальше »
2020-2-24 16:30 | |
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Binance CEO Strikes Back At ‘FUD’ Over Reports That Exchange Is Not Authorized To Operate In Malta
The CEO of Binance cryptocurrency exchange is striking back at a report that the exchange is not licensed to operate in Malta, calling it “quite a bit of FUD”. This case about Binance operating in Malta stems from a public statement recently published by Malta’s chief financial regulatory body stating that the crypto exchange is […] дальше »
2020-2-22 21:40 | |
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Belgium FSMA urges for crypto regulations fearing rise in fraudulent activities
Belgium's Financial Services and Markets Authority (FSMA) is pushing the government to bring regulations for digital currencies, according to a recent report. In a Senate hearing on Feb 10, Jean-PaThe post Belgium FSMA urges for crypto regulations fearing rise in fraudulent activities appeared first on AMBCrypto. дальше »
2020-2-11 03:00 | |
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Over 40 German bank express interest in crypto custody
Germany's Federal Financial Supervisory Authority [BaFin] reportedly received over 40 expressions of interest from banks for the issuance of a cryptocurrency custody services license. The report stateThe post Over 40 German bank express interest in crypto custody appeared first on AMBCrypto. дальше »
2020-2-10 22:00 | |
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Over 40 German banks express interest in crypto custody
Germany's Federal Financial Supervisory Authority [BaFin] reportedly received over 40 expressions of interest from banks for the issuance of a cryptocurrency custody services license. The report stateThe post Over 40 German banks express interest in crypto custody appeared first on AMBCrypto. дальше »
2020-2-10 22:00 | |
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Report Suggests Financial Advisors Moving into Crypto
According to a report released last week by Bitwise, financial advisors are increasingly exploring allocations in crypto. The findings suggest it might be time to buy before the masses arrive....The post Report Suggests Financial Advisors Moving into Crypto appeared first on Cryptocurrency News. дальше »
2020-2-10 17:37 | |
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Damning Report Says Tesla is Bubble Due for Big ‘Technical Correction’
The Financial Crisis Observatory has warned that Tesla's stock is massively overvalued, and that a market correction is inevitable. The post Damning Report Says Tesla is Bubble Due for Big ‘Technical Correction’ appeared first on CCN.com дальше »
2020-2-7 19:29 | |
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SBI Holdings offers XRP as shareholders' benefit
Japan's largest bank SBI Holdings, released its financial results, which noted increasing the use of the digital asset, XRP. The report released on 31 January, stated that XRP will be added to its shaThe post SBI Holdings offers XRP as shareholders' benefit appeared first on AMBCrypto. дальше »
2020-1-31 22:00 | |
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China’s Digital Yuan will “Certainly Erode the Dollar’s Primacy in the Global Financial Market” – Deutsche Bank Report
The latest research on “The Future of Payments,” by Deutsche Bank titled “Part I. Cash: the Dinosaur Will Survive … For Now,” talks about the existence of cash even though there would be a transition to the digital payments. дальше »
2020-1-26 22:39 | |
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Ripple Tops List of Blockchain Capital Raisers in 2019
Ripple raised the highest amount of funding among blockchain companies last year, according to a report by CB Insights. Ripple Raises $200 Million at a Valuation of $10B Last month, we reported that Ripple secured $200 million in a Series C round from investors like SBI Group, Tetragon Financial Group, and Routee 66 Ventures. дальше »
2020-1-24 04:00 | |
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New 5G Master Key Report by Strategic Investor EB Tucker Launches
Alternative financial information provider Casey Research has published a new marketing campaign online for E.B. Tucker’s Strategic Investor newsletter. It’s called the “5G Master Key”. Under this new marketing campaign, Casey Research attempts to convince you that 5G – fifth generation mobile wireless technology – is one of the biggest stories of 2020. According to […] дальше »
2020-1-24 03:28 | |
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New York Crowned the World’s Crypto Litigation Capital
New York, the financial capital of the world, is also becoming the capital of blockchain litigation activity, according to a financial services law firm Murphy & McGonigle report. Two Times More Blockchain Cases Than Any Other Venue Cryptocurrencies and blockchain technology are increasingly attracting the attention of large law firms all over the world. дальше »
2020-1-24 23:00 | |
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Bitcoin is the most popular cryptocurrency for payments: 2gether report
Collaborative financial platform, 2gether, recently published its report on users' crypto-spending behavior, including an analysis of how they spend assets such as the world's largest cryptocurrency, The post Bitcoin is the most popular cryptocurrency for payments: 2gether report appeared first on AMBCrypto. дальше »
2020-1-20 23:30 | |
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