Cryptocurrency Analysis and News Portal
The world of cryptocurrencies has developed at a breakneck pace over the past few years, and now it has emerged that tech behemoth Microsoft (NASDAQ:MSFT) is going to work with Ethereum to create new digital assets. Until a few years ago, it was almost unthinkable that one of the biggest
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Head of Calibra, the Libra cryptocurrency wallet, David Marcus, stated that bitcoin is a digital equivalent of gold and not to be considered as a currency. Per a report by CNBC on November 6, 2019, the Calibra Chief opined that BTC was not a good medium of exchange. Bitcoin is Digital
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China is among one of the first major countries to acknowledge the potential of the blockchain technology. Starting in 2014, the central bank has been doing research on digital currency. Over concerns of financial stability, the country has been enhancing research and analysis on the safety risks of blockchain.Having taken
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Turkey’s state-sponsored outlet Resmi Gazete, which regularly announces details of new legislation and publishes official announcements of the Turkish government, released a document detailing the progress of the digital Lira.The document was published early this week and affirms that the initial trials of the new digital currency would be conducted
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Tradewind Markets has launched a new system on its platform to track the provenance of its physical gold and other precious metals.On Nov. 5, Coindesk reported that Tradewind Markets, a blockchain-based digital trading platform launched its latest solution Origins. The digital tool provides supply chain provenance to buyers and
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Coinbase’s legal chief, Brian Brooks, feels that the United States government should take a step back and allow the private sector to create the U.S. digital dollar.Private sector should build the technologyIn a Fortune piece on Nov. 4, Brooks asked whether the U.S. government should create the digital dollar,
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At an annual conference in Orlando, Microsoft announced that it would be launching a platform that would effectively enable enterprises to create their own digital tokens for use. The platform is called Azure Blockchain Tokens and is available for preview.Microsoft has been one of the few giant companies to adopt
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Turkey's President Recep Tayyip Erdogan directed that the government should finish testing the national central bank digital currency (CBDC) in 2020. The country’s national blockchain-based digital lira is planned to be issued by the Central Bank in accordance with the 2020 Annual Presidential Program, CryptoX Turkey reported on Nov.
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The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C.On Nov. 3, the U.S central bank posted a new job opening to its website, looking for a new manager who is expected to contribute to the research of digital currencies, stablecoins and
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Everyone remembers the super hyped launch of Bakkt and the crazy alt season, price increases and the interest it was supposed to generate. None of that happened and hope for the platform has declined since launch day but don’t be fooled, Bakkt is a sleeping juggernaut waiting to explode. We’ll be launching
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