Digital Assets Fund Raises $40 Million

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Binance Acquires Visa-Licensed Crypto Debit Card Platform Swipe In Bid To Bridge Crypto With Fiat

Today, the largest crypto exchange, Binance, announced that it has completed the acquisition of Swipe, crypto wallet app, and Visa-licensed debit card provider. The deal will see the two companies working together to boost the global adoption of cryptocurrencies by making it easy for end-users to make payments or purchases in digital assets via traditional […]

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Why One Top Bitcoin Trader Believes Now is the “Calm Before the Storm”

Bitcoin has seen some of the most boring price action it has witnessed in over a year. After ranging between $9,000 and $10,000 for over two months, the cryptocurrency has now narrowed its trading range to between $9,000 and $9,300, with BTC primarily just hovering around $9,100.

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Japan’s central bank to check for technical feasibility of the digital yen

In an announcement yesterday, the Bank of Japan outlined the two major technical barriers... The post Japan’s central bank to check for technical feasibility of the digital yen appeared first on Coin Journal.

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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days

Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […]

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Israel Govt backed Crypto Startup, Kirobo, Develops Reversible Blockchain Transactions

The Israeli startup, launched in 2018, has launched its mainnet version of its Retrievable Transfer feature protecting users from sending their digital assets to wrong addresses. The platform employs a layer two security solution (logic layer) on a blockchain that works in two levels.

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Celo Dollar (cUSD) Stablecoin Launches as the Libra Rival Eyes Digital Ecosystem Dominance

Celo Dollars (cUSD) stablecoins are now live on the platform's mainnet according to a medium post by the foundation on June 29. This comes barely two months since Celo's mainnet went live; the project has been making aggressive moves in both development and community growth.

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Hidden Group Rakes in $200 Million in Two Years by Attacking Crypto Exchanges: ClearSky Report

A hidden group dubbed “CryptoCore” has been targeting cryptocurrency exchanges, primarily in the US and Japan since 2018 has successfully stolen millions worth of digital assets, as per the ClearSky report.

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Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight

This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than Bitcoin users.

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SEC Claims Brothers Lied About Digital Asset Fund Performance, Used Profits for Personal Use

The U.S. Securities and Exchange Commission moved Friday to halt an allegedly fraudulent digital asset investment fund run by two Pennsylvania brothers.

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Bank of Thailand (BoT) to Develop A Prototype Payments System For Business Using CBDC

Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions.

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Cardano & ETC's performances don't scream 'altcoin season' yet

May 2020 can be identified as a month of two halves. During the start of the month, the bullish narrative surrounding Bitcoin was tremendous. The world's largest digital asset had recovered a majorThe post Cardano & ETC's performances don't scream 'altcoin season' yet appeared first on AMBCrypto.

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Shares of Ripple Partner MoneyGram Skyrocket 16 Percent in Two Hours. Here's Why

The stock of Ripple partner MoneyGram enjoys a major rally as the company doubles the number of its digital transactions

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US Federal Bank Regulator (OCC) Issues Notice for Feedback on Crypto and DLT Activity

The Office of the Comptroller of Currency (OCC) has asked for feedback in matters crypto and distributed ledgers according to two notices published on June 4. This U. S bank regulator and charter issuer now wants to engage the public in creating a stable digital currency ecosystem based on regulation.

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Two Top Cryptocurrencies with the Worst Serial Market Performance

After the crypto winter of 2018, digital assets started recovering last year and continued the behavior into 2020. Although still far from their all-time highs, the top cryptocurrencies have made a major recovery from their lows.

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Ethereum (ETH) Grayscale Trust Stocks Surge 60% in Two Days. What Does This Mean?

Stocks of the Ethereum Grayscale Trust (ETHE), which allows investing in the cryptocurrency market without buying digital assets, have gone through the roof

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Enough of the Theory: Tokenization in Practice (Online Talk by Michael Duttlinger, CASHLINK Technologies and Henrik Gebbing, finoa)

Enough of the Theory: Tokenization in Practice Based on unique experiences with a traditional german bank, the two Fintech startups Cashlink & Finoa will share in detail how to tokenize any asset step by step along the value chain of digital securities.

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Ethereum Is Pushing Key Resistance Levels — and It’s Unlikely to Break Through

It’s been a tough week for all cryptocurrencies, Ethereum included. Investors at the start of this week were expecting this nascent market to push to new yearly highs, but their perspective quickly changed when most digital assets plunged by 10% over the course of two days.

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Here’s The Real Reason Why Ripple’s XRP Has Performed The Worst Among Large-Cap Cryptos

Ripple’s XRP has had a disastrous time over the last two years. In a period where other large-cap cryptocurrencies have been attempting a comeback, XRP has lagged behind significantly. As reported by ZyCrypto earlier, the digital asset emerged as the worst performer among the top 20 cryptocurrencies during the first quarter of 2020. At $0.20, […]

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3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?

Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized.

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BitCherry Introducing Distributed Business Model on Consensus: Distributed

The Consensus: Distributed 2020 has come to a successful end. In this year’s thought feast of global crypto scholars, blockchain practitioners, and digital economists, blockchain, and cryptocurrency these two hotspots yield unusually brilliant results.

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First State-Owned Entity Joins Libra Association

Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.

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OKCoin Brings Two Industry Vets Onboard Amid Global Expansion

A recent play sees international fiat digital asset exchange, OKCoin, bringing top brass from Blockchain.com and Coinbase to its front office.

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Bitcoin smashes $10k resistance barrier ahead of halving

Bitcoin (BTC) has smashed another psychological level as the price rallies to $10,000 and a billionaire investor claims the digital asset is the best bet against inflation This price action is the first time in over two months the bulls have managed to push prices above this key threshold.

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JP Morgan and Goldman Advise Clients to Not Buy Bitcoin, Claims Industry Exec

Advisors at JP Morgan and Goldman Sachs are discouraging clients from purchasing Bitcoin, claims a California-based wealth manager. Newly launched Digital Asset Investment Management risked losing an institutional client upon the two banks’ intervention.

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Two Thirds of Users Support Taxation of Crypto Assets

The crypto industry’s attitudes toward tax are maturing, with a recent survey indicating that two-thirds of digital asset users are in favor of cryptocurrency taxation.

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Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’

Fireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore.

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Fireblocks Hits $7B Monthly Volume and Expands Into Asia Pacific

Fireblocks, a leading company securing digital asset transfers is expanding, with two offices opening in the Asia Pacific region, as monthly volumes rise to over $7 billion.

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WHO Officials Targeted by Cyber-Criminals as COVID-19 Pandemic Rages On

The World Health Organization has been under a lot of pressure in the last two months, not only due to the COVID-19 outbreak but also because of constant attacks on the digital front. The coronavirus pandemic is still at full strength in most of the world’s countries.

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Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days

Cryptocurrency lender Dydx advanced a total of $1. 14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors.

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Peter Brandt Casts Doubts On Bitcoin Living Up To Its ‘High Expectations’

Bitcoin has been trading sideways between $6,500 and $7,400 for over two weeks now. Yesterday, the digital asset suffered a 4% price loss with some continuation today after breaking below both daily Exponential Moving Averages.

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Bitcoin's inability to sustain above $7000 could be due to its weak on-chain demand

It is close to two weeks into Q2 2020 for the digital asset industry, and it has been 'so far, so good' for Bitcoin. A month after dropping down to $3800, Bitcoin is currently consolidating at $703The post Bitcoin's inability to sustain above $7000 could be due to its weak on-chain demand appeared first on AMBCrypto.

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Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’

During the last few days, members of the U. S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.

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3 Reasons Why Bitcoin Price is Bullish Right Now

Bitcoin price has jumped over 15% during the last 24 hours, currently trading above $6,700. Here are three main reasons behind the surge: Congress Discuss Digital Dollar by Fed to Fight Crisis House Democrats proposed two bills that revolve around the creation of a digital dollar and digital wallets, so that the Federal Reserve (Fed) could transfer digital cash directly to individuals and businesses.

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Could Central Bank Digital Currencies Ever Replace Fiat Money?

The idea of a central bank digital currency (CBDC) has been under consideration by central banks across the globe ever since cryptocurrencies such as Bitcoin started gaining popularity. As a precursor to implementing such a nationwide digital currency, central banks across the globe have two options: bar all cash transactions or allow the general population […] The post Could Central Bank Digital Currencies Ever Replace Fiat Money? appeared first on BeInCrypto.

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Hawaii Opens Up Regulatory Sandbox For Crypto Payment Companies Till 2021

Hawaii launches a regulatory sandbox, “Digital Currency Innovation Lab”, a pilot program to boost the understanding of digital currencies. The program will run for two years offering crypto startups and companies an opportunity to do business in the country “without obtaining a state money transmitter license.

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Two Italian High Schools to Issue Digital Diplomas With Blockchain

Blockchain technology to be applied in high schools in Rome and Crotone

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CBDCs validate the value proposition of digital money: Grayscale CEO

"Like the two could not be further apart, like polar opposites" - Meltem Demirors. From a 'no Bitcoin' narrative to intensely speculating the pros and cons of rolling out central bank digital curreThe post CBDCs validate the value proposition of digital money: Grayscale CEO appeared first on AMBCrypto.

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Bitcoin is a Safe Haven Asset by Being Uncorrelated & Censorship Resistant: Arcane

Bitcoin's (BTC) price wiped out gains made in February. The digital asset started the month at around $9,400, and ended at just above $8,600, losing 8.5% of its value in the process. This has the Fear and Greed Index falling to 39, a level not seen for nearly two months. Additionally, the volume on the […]

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A Sea Change to Crypto Hits America, Again

A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development.

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Bitcoin Price Trumps $8.5k Low But A Significant Bounce Might Be On The Way. Here’s Why

Bitcoin continued with its daily downtrend hitting new lows and has bounced off $8,455 yesterday. The daily RSI was getting dangerously close to the oversold zone and we might see the digital asset experience at least a relief bounce up to $9,000 before the bears can take over again. For the last two days, Bitcoin […]

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Coinbase App Users Can Now Send Crypto Funds to “.eth” Wallet Addresses

On February 26, 2020, San Francisco-based cryptocurrency exchange Coinbase announced that it had added two new functionalities to its mobile app that enable users to send digital currencies using small and simple addresses instead of traditional long addresses.

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Bank of Canada Dismisses CBDC Interest; BoC is Developing A Prototype to Hedge Against Libra

Despite the reserved nature of Canadians, the country’s monetary authority has been keeping an openminded approach to researching the need for digital payments. The regulator has since identified two factors that might accelerate the launch of a Canadian CBDC.

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XRP Just Flipped a Key Resistance Into Support: Why This is Bullish

Over the past two days, the crypto market hasn’t fared too well. After peaking last week, the prices of digital assets across the board have tanked. XRP, the third-largest cryptocurrency by market capitalization, tanked from the multi-month high just a smidgen above $0.

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Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium

Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion.

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Bitcoin turns the tide among macroeconomic competitors

For a large part of 2019, Bitcoin had an unlikely companion. The digital gold saw a remarkable correlation with tangible gold as the two stores of value saw like-for-like movement. While this brotherhThe post Bitcoin turns the tide among macroeconomic competitors appeared first on AMBCrypto.

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European Central Bank's CBDC issuance may depend on two key options

Central Bank Digital Currencies or CBDCs are not taken lightly anymore by government institutions across the world. After China's vocal support for a state-controlled digital asset, agencies around thThe post European Central Bank's CBDC issuance may depend on two key options appeared first on AMBCrypto.

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Indicator That Preceded 1,000% Rally Ripple’s XRP Just Flashed Again

Over the past day or two, the crypto market — from Bitcoin to Ripple’s XRP — has begun to slow. The prices of the leading digital assets have finally taken a breather after days and days of uptrend without too much of retracement.

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BitGo Launches Enterprise-Grade Bitcoin Custody in Switzerland and Germany 

BitGo, a California-based digital assets financial services firm is expanding its global presence by launching two new cryptocurrency custodial platforms in Switzerland and Germany.   The new custodial companies are aimed at providing BitGo customers with more jurisdictions to choose from, depending on which is most suited for their business, according to a press release onRead MoreRead More.

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Digital Yen: Japan May Launch CBDC in Three Years

A senior lawmaker of Japan’s ruling party has advised the government to include plans for its central bank digital currency (CBDC) in its mid-year policy guidelines and look to launch its digital yen in two to three years.

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