Cryptocurrency Analysis and News Portal
The fad is dying. A recent CB Insights report that was cited by Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or
Read More
Blockchain of Things Inc. (BCOT), a crypto startup that provides enterprise software to organizations, was charged for introducing an initial coin offering (ICO) despite not being registered. The firm has been making efforts to settle on an agreement with the U.S. Securities and Exchange Commission (SEC) as the company will
Read More
Bitcoin (BTC) users who employ privacy tool CoinJoin to add anonymity to their transactions face a major wake-up call after exchange Binance froze a withdrawal.In an ongoing Twitter debate which began Dec. 19, a user by the name of Catxolotl uploaded what appeared to be correspondence from Binance Singapore
Read More
It has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on tight stops and others at a decent profit. Overall, I’m very happy with the results, although as I mentioned last
Read More
The Securities and Exchange Commission (SEC) has postponed making a decision on a bitcoin and U.S. Treasury bond exchange-traded fund (ETF) proposal filed by Wilshire Phoenix.According to a document published Friday, the SEC will continue evaluating the proposal, which was first filed earlier this summer, setting Feb. 26, 2020 as
Read More
Liquidity service provider and digital asset market maker, GSR, announced a partnership with Interhash, the mining services company and strategic partner of mining rig manufacturer, Canaan, in an updated press release, Dec. 20. The partnership aims to provide risk management solutions for Bitcoin miners on Canaan’s network, allowing them
Read More
Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion. Despite this move, critics worry whether Ripple and its XRP digital currency have a future in the space when up against CBDCs, stable coins, and XRP’s biggest competitor, Bitcoin. Ripple
Read More
Japan’s top credit card issuer JCB plans to adopt a new business-to-business (B2B) payment solution based on blockchain technology.JCB has signed a Memorandum of Understanding (MoU) with blockchain-based commercial payments platform Paystand to develop a digital payment platform for enterprises and customers in Japan, CryptoX Japan reports Dec. 20.Initiative
Read More
One of the most important (yet somehow quiet) narratives of 2019 has been the financialization of bitcoin and the emergence of a robust market for derivative products. That was reinforced today as Binance announced a significant investment in derivatives exchange FTX. How will key events coming up in 2020 like
Read More
Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster. One patent aims to reduce the time to verify block data, while the other is designed to help participants set a validity period for a transaction in a blockchain network. Both of the
Read More