Cryptocurrency Analysis and News Portal
Swiss-based cryptocurrency bank Sygnum has received the go-ahead to offer banking services in Singapore.Sygnum: license is “important milestone”In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this year, can now proceed with its first product for the Singapore market.Sygnum was the first
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We all know stories of how someone bought a cryptocurrency and then lost everything. It happens not because of a leap in course, but because of the unreliability of cryptocurrency exchanges. Therefore, Bitcoin futures, which public exchanges launched not so long ago, have become a popular tool for earning money
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The Inter-American Development Bank (IDB) is set to partner with ChromaWay, the creator of the blockchain system Chromia, to test a blockchain solution for land registries for Latin American countries.ChromaWay will work with the Bolivian IT services company Jalasoft to pilot the technology in Bolivia, Peru and Paraguay, with the
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One of China’s largest crypto mining hardware manufacturers, Canaan Creative, has filed to list on the Nasdaq on Monday.The Nasdaq is an electronic exchange where stocks are traded through a digital platform instead of a trading floor. Canaan Creative is set to raise $400 million as it aspires to get
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Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies such as Bitcoin and blockchain for global finance.Peets is currently CIO and portfolio manager for digital asset strategies at Passport Capital. In an Oct. 30 interview with Real Vision Finance, he said that blockchain
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Bitcoin price is holding the key $9,000 support area against the US Dollar.The price is facing a couple of short term resistances near the $9,200 and $9,400 levels.This week’s followed major bearish trend line is active with resistance near $9,150 on the hourly chart of the BTC/USD pair (data feed
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The United States-focused wing of leading cryptocurrency exchange Binance will add support for Neo (NEO) and Cosmos (ATOM).Binance.US announced on Oct. 30 that it will add full trading support for the two tokens on Oct. 31, both of which are among the top-20 tokens by market capitalization according to
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Ethereum price is under pressure and it could slide towards the $175 support against the US Dollar.Bitcoin is currently correcting higher and it recently tested the $9,000 support area.There was a break below a key bullish trend line with support near $186 on the hourly chart of ETH/USD (data feed
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The Indian state of Tamil Nadu is reportedly working on a state-level policy for blockchain technology and artificial intelligence (AI).On Oct. 31, local news outlet The Times of India reported that Tamil Nadu, the 10th-largest state in India, is working on separate policies for blockchain and AI which could
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The institutional digital asset lending firm Genesis Capital released its Q3 report, which shows a growing demand for cash and stablecoin lending.On Oct. 30, Genesis Capital, a spin-off of over-the-counter cryptocurrency broker Genesis Global Trading, reported that the crypto lending firm saw a sustained growth in the lending business
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