Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such
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On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet.Experimenting with LibraAccording to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The developers also noted that
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ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar.The price is now trading nicely above the $190 and $192 resistance levels.There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).The pair
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The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications. According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document
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Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent
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A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system
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Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum.The long-awaited physically settled futures should qualitatively shift market composition toward greater institutional influence.A crypto trading and payments
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It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the form of another United Kingdom-based establishment, ClearBank. While Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling instant
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FaceApp — the mobile application that has blown up your Instagram feed with pictures of your followers as old people, the opposite gender or babies — has raised a lot of concerns about potential privacy violations for users that upload their photos to be edited. Rumors have circulated that
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The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans.In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes:“We believe there may be attractive opportunities to provide digital currency borrowing facilities
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