Thursday, April 30, 2020

Bitcoin Price Surpasses $9,400 and Tether Issues 160 Million Coins

Bitcoin Price Surpasses $9,400 and Tether Issues 160 Million Coins

 

The Bitcoin price has surpassed $9,400 some days before the Bitcoin halving.

As Coinmarketcap reports, BTC price has increased for around 22% within 24 hours and reached more than $9,400 before Bitcoin halving, which will take place on 12 May. At the reporting time, Bitcoin is traded at over $9,198.

💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 100,000,000 #USDT (100,050,700 USD) minted at Tether Treasury

With Bitcoin price rise, stablecoin Tether (USDT), which is based on the United States dollar, has increased in supply.

Tether has issued over 160 million new tokens within the last 24 hours in 2 transactions, Whalebot Alerts reports.

The first $60 million Tether coins were issued when Bitcoin price was around $8,000 and the other $100 million USDT were issued before BTC price reached $8,500.

Whalebot Alerts has also tweeted some significant USDT movement from whales between Binance & OKEx. Within 12 hours, more than 90 million USDT were transferred from unknown wallets to the 2 exchanges, $85 million of which were sent to Binance.


The popularity of crypto coins and tokens is increasing day by day. To learn about the first and most popular crypto asset, Bitcoin, check out Bitcoin Price. To stay up to date with the latest BTC price and the entire crypto market movements, check out Bitcoin (BTC) Price Predictions as well.

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Wednesday, April 29, 2020

BitMEX will Close Registrations for Japanese Residents

BitMEX will Close Registrations for Japanese Residents

 

A cryptocurrency exchange and derivative trading platform, BitMEX will close the registration, also ban the usage of the platform for Japanese residents.

As the official report states, the crypto exchange will restrict Japanese residents from registration on the platform starting from April 30. It will also ban the usage of the platform for existing users from Japan starting from the beginning of the next month.

In addition, BitMEX has reported that the open positions of the platform’s Japanese users will continue as per the terms of the contract.

BitMEX has made it clear that this step is response to the changes to the Japan Financial Instruments & Exchange Act and Japan Payment Services Act effective starting from the beginning of the next month.

The crypto exchange has also stated that it will keep working with the Japanese regulatory authorities.

 


The popularity of crypto coins and tokens, as well as blockchain is increasing day by day. To learn about one of the most popular cryptocurrencies, Ripple, check out Ripple XRP news today. In addition, to stay up to date with Ripple price as well as the entire crypto market movements, check out Ripple (XRP) Price Predictions as well.

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Tuesday, April 28, 2020

SBI to Partner with Japan’s SMFG for Digital Banking

SBI to Partner with Japan’s SMFG for Digital Banking

 

The partner of Ripple, SBI is set to cooperate with SMFG to offer digital banking services available on smartphones.

As the Nikkei newspaper reports, the SMFG & SBI Holdings are planing to finalize the deal within the current week.

As it is reported, SMFG will receive a 20% stake in SBI subsidiary Neo Mobile Securities in the beginning of summer. In addition, by the end of the current year, SMFG will invest about $1 billion into a new SBI fund. This fund is planned to be used to finance the companies that work with digital technology like fintech, blockchain as well as 5G.

As part of this partnership, SBI and SMFG are intended to develop a support business together for local banks as well as other financial institutions.

SBI is famous with its collaboration with Ripple. The CEO of the company Yoshitaka Kitao is a member of Ripple directors’ board. What is more, they have even taken into account the alternative to pay shareholder dividends in XRPs.


To find out more about Ripple, check out Ripple XRP news today. In addition, to stay up to date with Ripple price and the entire crypto market movements, check out Ripple (XRP) Price Predictions as well.

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Monday, April 27, 2020

bitFlyer Blockchain Launches Consulting Service

bitFlyer Blockchain Launches Consulting Service

 

Japan-based crypto exchange and Bitcoin broker bitFlyer Blockchain Co., Ltd. reveals the start of consulting services for companies who are “creating new businesses” or “business innovation” based on blockchain technology.

As bitFlyer Blockchain states in an official press release, the focus will be on the companies that operate in different spheres like finance, technology, manufacturing, real estate, as well as public sectors.

As it’s reported, the crypto exchange has come to this decision in response to the growing number of requests the company received regarding blockchain technology.

bitFlyer has an intention to deliver a one-stop services regarding developing systems, execution, as well as management. The exchange also reports that the highest level blockchain engineering team in Japan will support the customers.

bitFlyer’s blockchain consulting services come in addition to the other 4 main services, including RegTech, BaaS, Joint Business, as well as miyabi Core services.

 


The popularity of crypto coins and tokens is increasing day by day. To learn about the first and most popular crypto asset, Bitcoin, check out Bitcoin Price. To stay up to date with the latest BTC price and the entire crypto market movements, check out Bitcoin (BTC) Price Predictions as well.

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Sunday, April 26, 2020

Jack Dorsey Calls Bitcoin Whitepaper Poetry

Jack Dorsey Calls Bitcoin Whitepaper Poetry

 

In his previous interview, Jack Dorsey shared his confident in Bitcoin once again. Twitter Co-founder & CEO named whitepaper of Bitcoin “poetry”.

Expressing his point of view regarding Bitcoin’s white paper, Dorsey mentioned that it’s 1 of the most epochal results of computer science in the recent 2 to 3 decades.

Expressing his excitement regarding Bitcoin, Dorsey emphasized the fact that it’s decentralized, naming it “the most beautiful thing” regarding the first cryptocurrency. He also mentioned that it’s quite “organic in nature” as well as “very principled in its original design” thing.

Dorsey also noted that Bitcoin is something created, developed and tested online, adding: “It’s of the internet.”

With reference to the future of the first crypto asset, Twitter CEO mentioned: “I think that the amazing thing is no one knows,” In addition, he noted: “It can emerge and every person that comes into the ecosystem, whether they be a developer or someone who uses it, can change its direction in small and large ways.”

 


The popularity of cryptocurrencies is increasing daily. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Saturday, April 25, 2020

IOHK Launches Daedalus 1.0.0 Mainnet Wallet

IOHK Launches Daedalus 1.0.0 Mainnet Wallet

 

Blockchain research and development company Input Output Hong Kong (IOHK) has released Daedalus 1.0.0 mainnet wallet, which is now available to all the users of Cardano (ADA), official website of Cardano reports.

The wallet, which has been developed within 18 months, brings some new features to the Cardano ecosystem. Among them are background blockchain synchronization and heightened security.

Version 1.0.0 of the mainnet wallet insures stability and security. As the Daedalus team says, sync times will vary between 50 minutes to an hour and a half. What about the wallet restoration, it takes only 20 to 30 minutes.

Founder and CEO of IOHK Charles Hoskinson mentioned that the release of the wallet will provide the team the option to start working on ledger support, paper wallets as well as fast deployments of other beta features.

After the Daedalus launch, IOHK reports it will start rolling out the Shelley infrastructure. IOHK is intended to ship Shelly mainnet by May of the current year.

 


To learn more about Cardano as well as ADA price, take a look at Cardano Price updates and Cardano Price Predictions. This way you will be in charge with the latest crypto price as well as the entire crypto market movements..

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Friday, April 24, 2020

MyEtherWallet to Offer .crypto Blockchain Domains

MyEtherWallet to Offer .crypto Blockchain Domains

 

An Ethereum wallet app, MyEtherWallet and blockchain domain names building company, Unstoppable Domains announce a partnership to provide users the option to purchase a .crypto blockchain domain directly from Myetherwallet.com.

With this partnership, the Ethereum wallet app becomes the first reseller of .crypto blockchain domains, at the same time, becoming also a domain registrar.

The .crypto domain is based on Unstoppable Domains’ smart contracts on Ethereum and it’s not connected to the Ethereum Name Service (ENS), which assigns .eth domains. However, the functionality of these to domains is similar.

Unstoppable Domains co-founder, Brad Kam shared his excitement on the partnership, noting: This integration shows that wallets are becoming much more than just places to store crypto,” he added: “they are becoming portals to access blockchain products and services.”

Brian Norton, COO at MyEtherWallet mentioned: “As an Unstoppable Domains .crypto registrar, we are also giving users an easy option for engaging with the decentralized web.”

 

 


To find out more about Ethereum as well as its price, take a look at Ethereum Price updates. To stay up to date with the latest Ethereum price as well as crypto and token prices and the entire crypto market movements, check out Ethereum Price Predictions.

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Thursday, April 23, 2020

The First Crypto Exchange WordPress Plugin is Launched

The First Crypto Exchange WordPress Plugin is Launched

 

Draper Goren Holm blockchain startup launches the 1st WordPress crypto exchange plugin.

As the official website reports, this plugin is the simplest way to create a new crypto exchange. Totle widget & Totle API based plugin provides users the option to exchange between different crypto coins, tokens, & stablecoins. It also allows website owners earn fees for the service.

Author of the plugin & founding Partner of Draper Goren Holm, Alon Goren noted that so far no one has facilitated the way to add cryptocurrency trading tools to WordPress, emphasizing: “WordPress powers 35% of the web and is undeniably the easiest, most customizable solution for anyone to power their websites.”

Meanwhile, founder & CEO of Totle said: “The WordPress plugin is another step towards empowering global free markets. Anyone can enable an exchange of their own with just a few clicks.”

Expressing his excitement on becoming reality of a crypto exchange creation on WordPress with a simple plugin, Tim Draper mentioned: “Decentralized, uncensorable crypto exchanges make us one step closer to the dream of a truly borderless world.”

 


The popularity of cryptocurrencies is increasing daily. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Wednesday, April 22, 2020

Dutch Central Bank is Ready to Be Digital Euro Proving Ground

Dutch Central Bank is Ready to Be Digital Euro Proving Ground

 

The Dutch Central Bank (DNB) shared its desire to experiment with digital currencies issued by the European Union central banks.

DNB released a 45-page CBDC report, in which it says that it’s ready to become a digital currency proving ground for the European Union with research and development of its own and Europe-wide digital currency.

A digital Euro is intended to provide faster and more cost-effective payments for all member states who participate and the Netherlands can become a proper testing ground. As DNB said, with this step the confidence in the monetary system would increase.

As the report states, this step is also somehow in answer to the reducing use of cash in the Netherlands and other European countries. As the Dutch Central Bank says, as the usage of cash is falling, “this raises the question whether the central bank should issue a form of money that better fits their needs.” Around two thirds of all payments in the country are digital.

 


Cryptocurrencies are getting more and more popular and get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Tuesday, April 21, 2020

Pibexa Review – A Close Look at Pibexa Before You Sign Up

Pibexa Review – A Close Look at Pibexa Before You Sign Up

Pibexa is one of the hundreds of online brokers that provide you with access to forex and cryptocurrency CFDs trading. Of course, CFDs trading remains the most popular type of trading to this day and millions of people are interested in doing that every single day from all corners of the world. So, with such an increased demand of forex and cryptocurrency CFDs trading, you can expect things to go a bit awry in terms of the offers from online brokers. Some will be honest with you while others will try to make things difficult for you. When it comes to Pibexa, it is often called one of the best by its traders.

Why do its traders love its trading platform so much? Is there something that can make you interested in signing up with this online broker? Let’s find out by having a close look at every option that this broker has to offer.

A Close Look at Everything Pibexa Offers

Evaluating the Trading Conditions

That’s the first thing you are supposed to do before you sign up with an online broker. You have to see what the trading conditions are like. Why do you have to look at this particular factor? Well, trading conditions tell you how easy or difficult it will be for you to make money with a broker. Flexible trading conditions mean that you will be able to make a lot of money with the broker even if you are new to trading. So, you have to know the many factors that help you find out what the trading conditions are like with a broker before you sign up.

The first thing you should know about this broker is that you will never be out of money when you sign up with it. When you trade with the broker, you will take advantage of the policy that returns you 10% of whatever amount you invest in the trade. With that, you will never find your trading account with the broker go below zero. If you do not know already, yes, your trading account can go in minus with many online brokers. That can make things difficult for you because you lose your heart, do not feel like trading anymore, and are in no mood to deposit money only to clear the negative balance.

Secondly, you will be able to trade a variety of digital currency pairs. That’s what you need when you are going into forex and cryptocurrency CFDs trading purely. You have a variety of financial markets where you can trade any assets of your choice. You can choose from commodities, stocks, and even indices. In those markets, you get a lot of opportunity to diversify your portfolio. When you trade with Pibexa, you will only be trading currency pairs. Does this mean you will never have a chance to diversify your portfolio? That’s not the case when you sign up with this broker. It gives you enough currency pairs on the table that you can diversify your portfolio only within currencies.

Now, if you sign up with the two advanced accounts, there are some other great perks waiting for you. For example, one of the gripes that traders usually have with their brokers is the commissions they charge on every transaction. In most cases, when you withdraw money from your trading account, the broker asks for a commission. It seems weird when you have already paid the broker in the form of spreads or a commission on your trade. However, with most other brokers, you have no way to get rid of this commission. When you withdraw your money, you will have to give this commission to the broker.

You will not have to face such rigidity when you sign up with Pibexa. This broker makes things easy for its traders in every shape and form. So, if you do not want to spend money one every withdrawal from your account, you can go with the advanced account type. You will not have to pay even a single penny on your transaction when you sign up with one of the advanced account types. Last but not least, if you sign up with one of these accounts, you will also get a huge 100% bonus on the deposit you make in your account.

Knowing the Ease of Banking

Is banking such a difficult thing to do that you have to confirm how easy or difficult it is with a broker? Well, it should not be a difficult thing but many brokers have made it tough for their traders. So, when you sign up with those brokers, you find out that there are not many methods available for you to fund your account. The availability of only a few ways to deposit funds in your account tells a lot about the broker. Perhaps, the broker you are signing up with is not that established right now and that’s why it does not have many deposit methods to offer to you.

When you sign up with Pibexa, you will notice that the broker has done everything to make banking easy for you. First of all, you can use a credit card to deposit funds in your account. You can use this same card to withdraw funds as well. You can use a MasterCard or Visa credit card if you like, the choice is yours to make. In addition to that, you can also transfer money in your account through bank wire transfer. This might be a little slow method of funding your account, but it is one of the safest ones out there. Last but not least, Pibexa is one of the few brokers that allow you to use Skrill for making deposits in your account.

In short, depositing money should not be an issue for you after signing up with Pibexa. The most important thing you have to know is that the website of the broker has proper SSL security protocol. This means, every piece of information you provide on the website is going to get encrypted. This encryption will save your information from being stolen and traded on the internet. You have to make sure that you provide complete and accurate personal details when it comes to withdrawing money from your account for the first time.

Verifying the Trader Help

Online brokers have many ways of helping their traders make money or at least become easy with trading. You have to realize that a huge population that wants to trade today consists of people who are new to trading. Online brokers understand this factor fully. They realize that a lot of people that are coming to sign up with them are new traders. In the light of that, you would expect every online broker to have something to help the traders. A new trader cannot step into trading without this help. Only a broker like Pibexa can think of its traders with so much care.

If you look the options offered by this broker, you will realize easily that it helps its traders in every possible manner. For example, when you look at the amount that’s required to sign up with the broker, it is quite small for the first two basic accounts. For silver and gold accounts, you will only have to deposit $250 and $1000 respectively to activate those accounts. These amounts are small enough to accommodate traders from everywhere in the world, and even students who might not have huge savings. In addition to that, regardless of which account you sign up with, the ebook and training academy options are included.

Now, here is another thing that this broker does but not many others. If you look at the particulars of advanced accounts, you will notice that there is an addition of account managers as well. Yes, if you sign up with those accounts, you will have an account manager to help you with your account related issues. It is just a great feeling to know that there is someone always there to help you when you are trading. What makes things even more interesting is that you have this dedicated account manager included with the gold account as well. Yes, you will have a dedicated account manager helping you with your accounts if you can just deposit $1000 in your account.

Measuring the Friendliness of the Trading Platform

You are recommended not to pick any broker unless you have fully understood the trading platform you will be given access to. At this point, you should know that most online brokers have different trading platforms. While some stick with the industry-standard training platforms like MetaTrader 4, there are some that offer you their own trading platforms. In short, you can expect anything from the broker you are signing up with. So, it makes sense to know about the trading platform before you shell out your money and sign up with one of the many account types.

In the case of Pibexa, you will be glad to know that this broker has responded perfectly to traders’ requirements. It has brought to them two different types of trading platforms. The first and most preferred one is the web-based trading platform. This is the best trading platform for someone who wants to experience uniformity while trading and switches a lot between various devices. In addition to that, if you travel the world a lot, the web based trading platform will be perfect for you. That’s what you are getting from this broker. This web-based trading platform is there for you to take advantage of no matter where you are in the world.

In addition to that, you it contains everything that you as a trader should expect from your trading platform. For example, if you are looking for an easy mechanism to place your trades, you will love this trading platform. You can place an order with just a single click on the chart. You will also be glad to know that this advanced trading platform operates without any delays. So, the price you see on your dashboard is the price of the asset in real time.

Now, if you want a different experience and are usually trading on your mobile phone, then the web-based trading platform might not be the best option for you. In the case of a mobile user, the best trading platform is one that has been created for the smartphone. With such a trading platform, you can trade at lightning fast speeds and enjoy trading on the go. Pibexa understood the expectation of its traders and gave them the dedicated trading platform as well. You can download this trading platform on your smartphone and enjoy the same features that you do on a dedicated desktop software or a web-based trading platform.

The best thing is that you will not even have to worry about any compatibility issues. If you are an iPhone user, you can download the iPhone version of the application. If you are an Android phone user, you will be able to download the application from Google Play Store. In short, the broker has made sure that it provides it traders with everything they need rather than forcing them to use what it has to offer. It does not matter whether you download the application or go with the web-based version, you will enjoy uniformity in trading because they have all been designed with intuitiveness in mind.

Final Thoughts

You can see that all the important things that should matter to new traders have been taken care of by Pibexa really well. The broker is doing serious business without causing its traders to do things that do not make them any money. It has simplified not just trading but also banking for them. When you trade with Pibexa, you can expect to win a trade and walk away with the profit. Did you know you can order a debit card from the broker and withdraw your money through this card like you withdraw money from your regular debit card?

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What People Purchase with Cryptocurrency

What People Purchase with Cryptocurrency

 

People mostly use crypto to buy clothing and food, Visual Objects firm’s published survey states.

The survey has found that despite 1/3 of people think crypto is used on illegal items, people mainly use crypto on food and clothing purchases. Survey had 983 participants familiar with crypto.

16% of surveyed people have invested in crypto and 70% of crypto owners prefer Bitcoin. 72% of them mentioned that they have spent crypto on daily purchases: 38% have spent crypto to purchase food, and 34% to purchase clothes. In addition, 26% of people have spent their crypto on weapons (15%) and drugs (11%).

The list of most common purchases made with crypto is the following: food – 38%, clothing – 34%, stocks – 29%, gold – 21%.

Top cryptocurrencies people own
Top cryptocurrencies people own – visualobjects.com

The survey has also listed the most popular cryptocurrencies that people own. On the first place is Bitoin (70%), then comes Ethereum with 27%, followed by Litecoin (20%).

What people purchase with cryptocurrency
What people purchase with cryptocurrency – visualobjects.com

Cryptocurrencies are getting more and more popular and get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Monday, April 20, 2020

Hong Kong’s First Approved Cryptocurrency Fund Targets $100M

Hong Kong’s First Approved Cryptocurrency Fund Targets $100M

 

Venture Smart Asia has announced the launch of the first approved cryptocurrency fund in Hong Kong, with the target of $100 million for the first year.

As Bloomberg states, the blockchain arm of Venture Smart Asia Arrano Capital stated the rollout of a new Bitcoin fund. As the venture capital firm states it had met the conditions for a licensed cryptocurrency fund by the local Securities & Futures Commission.

Avaneesh Acquilla who is the Arrano Chief Investment Officer, has noted that the 1st attempt is only a tracker fund, BTC purchasing & selling. Though, the fund is intended to pass $100 million within the 1st year. As Avaneesh Acquilla has stated that they have made a decision to release the fund due to the existing demand by professional investors who see Bitcoin as an alternative option to store money. As he said: “Ultimately for Bitcoin to be widely accepted and for people to trust it, there needs to be regulation.”

 


Cryptocurrencies are getting more and more popular and get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Sunday, April 19, 2020

Adam Cochran: ETH 2.0 Could be the Largest Economic Shift Ever

Adam Cochran: ETH 2.0 Could be the Largest Economic Shift Ever

 

Partner at Metacartel Ventures, Adam Cochran, has shared his thoughts about Ethereum 2.0 and why it could become a turning point.

As he writes, the 1st reason of 7 are rent seekers and the possibility that they may switch to Ethereum once PoS is running. He mentioned that these kind of investors seek for stable returns of 3-5%.

In case a large amount of ETH are bought in order to make these returns on staking, this could result to the situation that the supply shock would push the prices up. As Cochran says, this price surge could cause a 2nd round of staking investments due to multiplied returns.

“So now we have rent seekers creating supply shock, and we have secondary round ripple effects,” as Cochran writes. As a result, the market could go up, causing FOMO among retail investors. Generally, they react late; still their actions could have a significant impact like in 2017.

The next reason is actual demand for the asset and as Cochran emphasized, it’s the best one. He underlines Metcalfe’s Law, which in simple words means – the more actual demand, the higher prices due to the created real value for the user.

One more factor is mentioned whale cycles, as profits taken from lower prices can be reinvested to make more profits. The growth of the nodes in the network through staking creates a ‘race condition’ where whales have to purchase more to maintain their earnings rate.

Another factor that could cause the demand growth is rounding up investments to reach the required 32 ETH staking limit. In addition, to keep to round-up stakable amounts of ETH, more money could be flowed into the market.

The last reason Adam Cochran names the most important one: “Reason #7: Burning for Flat Supply with EIP-1559: EIP-1559 is a way to change the fees on the Ethereum blockchain take place.”

 


To find out more about Ethereum and its price, take a look at Ethereum Price updates. To stay up to date with the latest Ethereum price as well as the entire crypto market movements, check out Ethereum Price Predictions.

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Saturday, April 18, 2020

South Korean Government Calls Blockchain Technology a Unique Chance

South Korean Government Calls Blockchain Technology a Unique Chance

 

The South Korean government has named the blockchain technology a unique chance for the country. The country calls for private organizations country-wide to integrate the blockchain technology in their business.

As Fn News reports, Yun-cheol Koo who is the Vice Minister of Strategy and Finance, organized a conference regarding blockchain and its usage in private business. A considerable number of private industry experts have taken part in this conference.

Yun-cheol Koo emphasized the predictions about the blockchain development growth in international stage like the United States as well as Europe. He mentioned that it’s expected to see the blockchain industry grow for on average over 80% yearly, adding that it “is competitively supporting foreign countries to preoccupy the market that is attracting attention as a promising technology in the future.”

During the conference, it has also been discussed the role of South Korean government in supporting blockchain adoption across the country, underlining the advantages of developing an initial market.

However, the budget to implement the plan of empowering and expanding the blockchain technology across the South Korea hasn’t been revealed.

 


Cryptocurrencies are getting more and more popular and get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Friday, April 17, 2020

Ripple partner SBI Holdings Start Using Blockchain for Forex Trading

Ripple partner SBI Holdings Start Using Blockchain for Forex Trading

 

Ripple Partner SBI Holdings announced the plans to use R3 blockchain technology for Forex Trading. As reported, this will be the first practical Corda blockchain application in the country.

The use of Corda will be restricted within the company for now. It will be used to share transaction history among involved traders and confirm order contents. This step will prevent any human error.

Initially, Corda will be implemented between SBI Securities and SBI’s Forex platform Liquidity Market. Further, depending on the results, its usage will be expanted, and it will be implemented outside of the SBI Group of companies as well.

The SBI Holdings made announcement states:

“We have reduced the operational risk in the confirmation business and ensured high privacy protection and tamper resistance. Also, the blockchain guarantees the identity of transaction data between the parties and improves the reliability of collation work.”

It’s worth mentioning that with the participation with SBI, lots of banks in the region have started using RippleNet services like the On-Demand Liquidity platform.

 


To find out more about Ripple, check out Ripple XRP news today. To stay up to date with Ripple price and crypto market movements, check Ripple (XRP) Price Predictions as well.

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Thursday, April 16, 2020

Chiliz Announces the Launch of JUV Fan Token Trading

Chiliz Announces the Launch of JUV Fan Token Trading

 

Sports blockchain venture and crypto exchange Chilizens announces the launch of Juventus (JUV) Fan Token trading on Chiliz.net.

As Chiliz writes, the launch of JUV marks the introduction of a new tradeable class of digital asset. Chiliz also makes it clear that the price of JUV will be determined by market demand which will be affected by the following factors: “fan sentiment, results, tournament victories and transfer window activity.”

JUV Fan Token trading was launched on 15 April, and within 5 hours after its listing it increased in price for over 4%. As Chiliz reports, JUV held on Socios.com can be withdrawn to Chiliz.net using the “withdraw” feature in the application. It’s also reported that all JUV Tokens that will be bought on Socios.com during the Fan Token Offerings, will be available for withdraw to Chiliz.net within 90 days.

Chiliz has also reported that fan tokens for Barcelona, Roma, Atletico, Paris Saint-Germain, Galatasaray, CA Independiente will go live on Chiliz.net in the upcoming months.

 


Despite the situation the world lives in nowadays, the adoption of crypto and blockchain continues to rise. Crypto and blockchain get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Wednesday, April 15, 2020

China Reveals Blockchain Alliance with Huawei, Alibaba and IBM

China Reveals Blockchain Alliance with Huawei, Alibaba and IBM

 

China has revealed the first provincial Blockchain Alliance called the Chongqing Blockchain Application Innovation Industry Alliance on April 14, ChinaNews reports.

Among the members of the alliance are more than 100 widely known Chinese as well as foreign companies such as IBM, Huawei, Alibaba, Inspur, Tsinghua Unigroup, Baidu and Ziguang.

The alliance intends to develop an open platform for blockchain communication, cooperation, innovation, and application among joint various enterprises.

Director of Chongqing Big Data Development Bureau, Luo Qingquan is confident that the reveal of the alliance in Chongqing, facing the entire country and grouping the leading companies will become a crucial step “in the development of Chongqing’s blockchain application innovation industry.”

A Chinese economist Chen Xiaohong mentioned that the alliance will group members to develop a national precedent at the level of the provincial blockchain application alliance.

The Alliance also announced the launch of Yu Express Chain, a public service blockchain platform. The platform is based on Inspur Blockchain Services and will serve as a blockchain engine and development services provider.

 


Despite the situation the world lives in nowadays, the adoption of cryptocurrencies and blockchain continues to rise. Crypto and blockchain get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Tuesday, April 14, 2020

Binance Launches Bitcoin Options Trading on Mobile App

Binance Launches Bitcoin Options Trading on Mobile App

 

Leading cryptocurrency exchange Binance officially announces the release of Binance Options trading.

As Binance reports, at present Options trading is only available on the latest version of the exchange’s mobile app.

Options contracts provide traders two options: a right to buy (a call option) and a right to sell (a put option) on a certain asset at a specified price. As the exchange notes, on the market all trades are performed at market price and it is not guaranteed that “the price you see on screen will be the exact price that you execute at.” At the same time, the exchange mentions that the difference will not be significant most of the times.

The crypto exchange also warns about the absence of any guarantee: “There is no guarantee that your options purchase will execute at a profit after the premium has been deducted. Most options purchases will not be profitable, but a minority will be very profitable,” adding; “Please use at your own discretion.”

 


Cryptocurrencies are getting more and more popular and get involved in every specter of our lives day by day. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Monday, April 13, 2020

RSM Selects Lukka to Provide Crypto Tax Software Solutions

RSM Selects Lukka to Provide Crypto Tax Software Solutions

 

RSM US LLP has selected Lukka, a blockchain-native software and data services company, to provide cryptocurrency taxation software solutions to the company’s tax clients.

As reported, Lukka will provide the tax preparation and compliance services to RSM’s individuals and enterprises clients with “LukkaTax for Professionals” & “Lukka Crypto Office” softwares.

Before selecting Lukka, RSM evaluated different cryptocurrency tax software providers, and has chosen Lukka based on its full coverage of the cryptocurrency ecosystem, scalable infrastructure, as well as “focus on delivering highly specialized tax capabilities unique to crypto assets.”

Blockchain and digital asset tax lead at RSM US LLP, Jamison Sites emphasized the vast experience of Lukka to provide services to businesses as well as individuals, noting: “we believe they understand what it takes to support RSM as we continue to progress toward our vision to be the first-choice advisor to the middle market.”

Co-CEO of Lukka Robert Materazzi mentioned: “Lukka is proud to be selected by RSM to provide its clients crypto tax software.” “As the only crypto tax software firm in the world with Type 2 SOC reports, we believe we have demonstrated our commitment to deliver highly secure, controlled and best-in-class crypto tax software.”

 


To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. In addition, to stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Sunday, April 12, 2020

Ray Dalio: “Cash is Trash”

Ray Dalio: “Cash is Trash”

 

Co-chief investment officer and co-chairman of Bridgewater Associates, Ray Dalio says cash is a risky place to save wealth.

As he mentioned in an interview: “Do not think that cash is a safe investment.” Dario called the cash as “the worst investment”, mentioning gold as an option to save wealth. Furthermore, he stressed the importance of diversification.

 

What coronavirus means for the global economy | Ray Dalio

 

Nevertheless, Dalio does not consider Bitcoin as an alternative to cash. Earlier this year, he emphasized the volatility of Bitcoin, noting: “There are two purposes of money; a medium of exchange and storehold of wealth. Bitcoin is not effective in either of those cases now.”

Dalio believes we are hitting a depression that will be similar to that of the Great Depression of 1930s, and it will take years for the financial and economic system to recover. As he said: “We’re going to restructure our economy and restructure our financial system.”

 


Cryptocurrencies are getting more and more popularity. Day by day, more countries adopt them, more companies and individuals become part of the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. In addition, to stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Friday, April 10, 2020

Azimo and SCB Launch Instant Payments Through RippleNet in Thailand

Azimo and SCB Launch Instant Payments on RippleNet in Thailand

 

Digital money transfer service Azimo and Siam Commercial bank (SCB) partner to launch instant cross-border payments from Europe to Thailand. This connection has become possible through Ripple’s global payments network, RippleNet.

According to Ripple official site, these types of connections contribute in resolving issues regarding high-priced and unreliable global payments. This can also solve the issue related to the transfer duration. “Through RippleNet connection with SCB, Azimo can clear Pounds, Euros into Thai Baht in less than a minute,” Ripple reports.

Stressing the increasing number of different countries that are switching to instant payments, Azimo co-founder & executive chairman Michael Kent noted: “Thailand recently launched their instant payment network, & this partnership with the largest bank in the country allows us to get the time to settle payments down from around 24 hours to an average of 22 seconds.” In addition, he mentioned: “It is faster to send money to Thailand than to someone else in Europe”.

The new international payment system provides financial institutions the option to have access to blockchain technology for international payments, & gives payout option in around 40 currencies. With this payment system, financial institutions will be able to offer transparent & instant payments, “so money arrives when customers need it most”.

 


To find out more about Ripple, check out Ripple XRP news today. To stay up to date with Ripple price and crypto market movements, check Ripple (XRP) Price Predictions as well.

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Visa and Fold Announce the First Bitcoin Reward Card

Visa and Fold Announce the First Bitcoin Reward Card

 

Fold, american Bitcoin startup, in partnership with Visa Inc., global payments technology company, announces the first Bitcoin reward card.


As reported, 10% of cash purchases made with this debit card will be credited to users in Bitcoin. “It’s real bitcoin that goes right into your Fold account,” the official website writes.

Fold CEO Will Reeves believes that this new card will bring lots of customers to crypto market. As he mentioned: “People are not interested in spending Bitcoin right now, but are interested in accumulating it.” He noted that people don’t see Bitcoin as money yet, adding: “they [people] certainly will understand it as a better reward.”

Reeves stated: “Since Bitcoin has no expiration date, the rewards can be used to offset the cost of a consumer’s next purchase, saved, or withdrawn – giving consumers freedom and flexibility.”

Moreover, Fold users also can spend Bitcoin within the company’s system to purchase USD gift cards at companies such as Starbucks Inc., Uber, etc.

Discussing the partnership with Fold, Visa said that it is a part of its Fast Track program, which encourages fintechs to work with the card giant.

 


To learn more about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Thursday, April 9, 2020

Cardano – SANBA Partnership: Cardano to Boost Blockchain Adoption in South Africa

Cardano – SANBA Partnership: Cardano to Boost Blockchain Adoption in South Africa

 

The Cardano Foundation partners with SANBA, the South African National Blockchain Alliance, official website of Cardano announced. The partnership is intended to study further ways to promote the adoption of blockchain in South Africa.

As reported, with the usage of blockchain, Cardano aims to promote the social as well as economic growth in South Africa. Cardano is confident that this kind of partnership will provide them a possibility to achieve their objective: the growth of blockchain technology’s adoption and the usage of the Cardano blockchain throughout Africa.

The Foundation considers South Africa as a key market in developing a network of governments, institutions and enterprises with the usage of Cardano in the continent.

As stated, the Foundation “believes in empowering individuals and enterprises by putting them in direct control of their information, wealth and value.” Cardano states: “By engaging with Cardano, South Africa has the potential to blaze the trail to decentralization for the rest of the continent.”

In addition, the Cardano Foundation reports that this partnership with SANBA is only the initial phase of blockchain technology adoption plans in the African continent. Moreover, the Foundation has an intention to promote Cardano in all the African countries and the main focus will be on blockchain governance, fintech conduct, smart contract frameworks and education.

 


To learn more about Cardano & ADA price, take a look at Cardano Price updates and Cardano Price Predictions to stay up to date with the latest ADA price and crypto market movements..

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Wednesday, April 8, 2020

Jack Dorsey Donates $1 Billion to Fund COVID-19 Relief

Jack Dorsey Donates $1 Billion to Fund COVID-19 Relief

 

Twitter and Square CEO, Jack Dorsey donates $1 billion worth of equity in Square to his Start Small LLC to fund global COVID-19 relief.

As Dorsey announced on his official Twitter account, 28% of his current net worth will be used to fight COVID-19 pandemic around the globe.


Initially, Start Small will aim to fight the global pandemic. Later, after defusing the pandemic, the fund will switch the focus to providing money for girl’s health, education and universal basic income (UBI) initiatives.

Talking about why UBI, Twitter CEO said that it’s a “great idea”, noting: “I believe they represent the best long-term solutions to the existential problems facing the world. Girl’s health and education is critical to balance”.

Dorsey also stated that all the funding will be transparent, mentioning: ” I hope this inspires others to do something similar. Life is too short, so let’s do everything we can today to help people now. ”

 


To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Tuesday, April 7, 2020

Coingecko Co-founder: “We are now the largest, independent crypto data aggregator.”

Coingecko Co-founder: “We are now the largest, independent crypto data aggregator.”

 

CoinGecko Co-founder and CEO of Bobby Ong expressed his opinion on CoinMarketCap acquisiton by Binance, and the possible affect this step can have on the entire crypto market.

From Ong’s point of view, from now on, for CMC it will not be easy “to stay neutral & independent”, and with that CoinGecko is becoming the biggest “independent crypto data aggregator on the market.”

As CoinGecko co-founder states, upholding data integrity has always been critical for them, adding: “it became even more evident last year as many new exchanges were faking their volume.”

He noted that to deal with fake volumes they have created the “Trust Score”, which is currently available on CoinGecko. This tool provides a better overview about the reported volume being realistic or not.

Speaking about the future plans, Ong mentioned two trends he is excited about: derivatives market & DeFi. “After futures, options will be the new battleground for derivatives exchanges.” “Options will present a whole new set of data to track and display which we will tackle at CoinGecko.”

What about DeFi, he mentioned that at present they “track the interest rates offered by both decentralized and centralized lending protocols but as DeFi evolves, we expect it to replicate products from the traditional financial world which means more and more data.”

 


Cryptocurrencies are getting more and more popularity. Day by day, more countries adopt them, more companies and individuals enter into the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Monday, April 6, 2020

Poloniex Announces the Launch of LaunchBase – Tron-Powered Platform

Poloniex Announces the Launch of LaunchBase – Tron-Powered Platform

 

Poloniex is revealing the creation of LaunchBase, a new Tron (TRX)-powered initial exchange offering platform, according to an official announcement.

The objective of LaunchBase is to help quality blockchain projects grow as well as develop their ecosystem. This new platform will closely cooperate with projects, community members and various partners in order to promote the adoption of crypto assets around the globe, “including via the sale of tokens to eligible participants on the Poloniex platform.”

Projects intended to conduct their offerings on LaunchBase are required to issue tokens in exchange for TRX. The first project that is expected to conduct an IEO with Poloniex is a Tron-based stablecoin lending platform called Just.

Just is a decentralized lending platform where users can stake TRX to generate the USDJ stablecoin. Further, USDJ can be used to make payments for interest, maintenance, as well as other activities.

As reported, members of several jurisdictions will not be able to take part by reason of local law requirements. Poloniex also states that more details regarding the platform will be revealed in the coming days.

 


To learn more about Tron, as well as to stay up to date with the latest TRX price and the entire crypto market movements, have a look at Tron (TRX) price predictions.

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Sunday, April 5, 2020

South African Government Launches SANBA, the South African National Blockchain Alliance

South African Government Launches SANBA, the South African National Blockchain Alliance

 

The South African Government’s State Department of Science and Innovation has launched the National Blockchain Alliance (SANBA). The launch was planned to take place earlier this month in Johannesburg. However, due to Covid-19 pandemic, it has been taken online.

SANBA, a decentralized and autonomous platform, is designed to support startups and companies that are focused on blockchain technology.

Akhona Damane, who heads up SANBA, mentioned that the main purpose of the project is to be the central point in a network of partnerships between South Africa’s government, major companies, startups as well as civil society. The project will also be focused on developing skills that are necessary to explore and design blockchain solutions. An essential element is said to be educating civil society on different use cases and further potential of blockchain to improve a broad range of specters.

SANBA has clearly stated that it wants to be the middleman and connect different industry players, driving blockchain development and use in South Africa.

Speaking about SANBA, Cardano founder and Ethereum co-founder Charles Hoskinson, mentioned that this project would attract lots of local research, enabling the industry to deal with global problems such as corruption, etc. He underlined the importance for people to understand the potential and possibilities of blockchain, which can help the administration to have better managing tools their their countries and deal with complex issues.

Initially, SANBA is set to assist existing blockchain and other financial initiatives such as the South African Financial Blockchain Consortium, Financial Working Group, etc.

 


To find out information as well as details about Cardano & ADA price, take a look at Cardano Price updates and Cardano Price Predictions to stay up to date with the latest ADA price and crypto market movements..

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Saturday, April 4, 2020

Ripple Co-Founder Chris Larsen Completely Recovers from COVID-19

Ripple Co-Founder Chris Larsen Completely Recovers from COVID-19

 

Ripple co-founder and Executive Chairman Chris Larsen has completely recovered from coronavirus. In his official Twitter account, Larsen thanked everyone who works on the frontline against the COVID-19.

He also called for recovered patients from the virus to donate blood to help with antibody transplants.


It should be pointed out that Ripple co-founder did not publicly shared the fact that he had a coronavirus. The crypto community have known about it when Larsen tweeted his photo, in which he was wearing a facemask, donating blood to help the antibody transfer for the treatment of others.

Lots of crypto enthusiasts, in particular XRP community members, Ripple CEO Brad Garlinghouse, Ripple CTO David Schwartz, Tron founder Justin Sun, etc. have shown their enthusiasm in Larsen’s complete recovery since he shared the good news on Twitter.

 


To find out more about Ripple, check out Ripple XRP news today. To stay up to date with Ripple price and crypto market movements, check Ripple (XRP) Price Predictions as well.

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Friday, April 3, 2020

Stellar Announces XLM Donation Matching Program with Lumenthropy

Stellar Announces XLM Donation Matching Program with Lumenthropy

 

The Stellar Development Foundation (SDF) has announced an XLM donation matching program for April of the current year, in partnership with Stellar-based Lumenthropy. As the official website reports, the foundation has committed 2.5 million XLM to six non-profit organizations to help out during the coronavirus crisis.

The SDF will kick off with 100,000 XLM donations to each non-profit organisation. The remaining funds will be used to match lumen donations made by the community.

The selected non-profit organisations are mentioned to be UNICEF, Tor Project, Heifer International, Watsi, Freedom of the Press as well as Women Who Code. As it is mentioned, SDF believes that all the chosen organizations “are relevant to some of the pressing challenges we’re facing during today’s crisis.”

Talking about Stellar-based Lumenthropy Lumenthropy, Stellar Development Foundation thanked the company for the partnership, mentioning: “their work represents the amazing impact this network and this community can make, not just in this time of crisis but well beyond.”

 


To learn more about Stellar Lumens as well as its price, have a look at XLM Price updates, and Stellar Lumen (XLM) Price Predictions to stay up to date with the latest XLM price and the entire crypto market movements.

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Thursday, April 2, 2020

Lagos Welcomes the First Nigerian Bitcoin ATM

Lagos Welcomes the First Nigerian Bitcoin ATM

 

Blockstale BTM, a new Bitcoin ATM startup in Nigeria, is planning to install around 30 Bitcoin ATMs across Nigeria by the end of the current year, and the first terminal has been installed in Lagos.

The ATM is located at Dazey Lounge and Bar, Ajah, Lagos State. It provides users the possibility to purchase bitcoin with the Nigerian national currency – Naira, as reported.

Founder and CEO of Blockstale, Daniel Adekunle mentioned that, nevertheless, uncertain legal situation regarding crypto in the country, Nigerians are the biggest crypto traders in the continent. He noted: “Blockstale BTM was developed specially to facilitate adoption, transparency, and security in Nigeria.”

At the present, Africa has a total of 15 Bitcoin ATMs installed. Nigeria becomes the 8th African country to install a Bitcoin ATM. South Africa hosts seven crypto ATMs, Ghana hosts two, Kenya, Botswana, Djibouti, Uganda and Zimbabwe each have one Bitcoin ATM installed.

Nigeria also steadily tops Google searches for “Bitcoin”, getting approximately the half of the traffic and being ranked the second country after Austria.

 


Cryptocurrencies are getting more and more popularity. Day by day, more countries adopt it, more companies and individuals enter into the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Wednesday, April 1, 2020

ANU Law School Partners with Ripple to Provide Blockchain Law Courses

ANU Law School Partners with Ripple to Provide Blockchain Law Courses

 

The ANU College of Law is planning to present 2 new courses in its Masters program next year studying blockchain’s effect on the legal sector. The ANU develops the courses in partnership with Ripple’s Blockchain Research Initiative (UBRI), as reported.

Scott Chamberlain, entrepreneurial fellow at the ANU School of Law, will design and run blockchain related programs of the university. Speaking about the potential of blockchain and law, he notes: “Imagine an eBay-like platform that can resolve consumer law disputes without engaging the court system.”

As Chamberlain mentioned, there are lots of simple legal processes like confirming the identities and relationship of the relevant parties, the rules governing their interactions, that could be implemented with the usage of blockchain.

He stated: “This is not about getting rid of lawyers or eliminating jobs.” He added: “There will always be cases and situations that demand a higher level of expertise.”

Chamberlain is confident that these courses will significantly improve the process of exercising the rights and discharge the obligations for people.

It’s worth noting that ANU already provides undergraduate courses that research the intersection between blockchain and law.

 


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