Cryptocurrency Analysis and News Portal
Things are settling in on the third day of Blockchain Week.Tuesday saw Nym’s Harry Halpin give an in-depth demonstration on how to shield your transactions, while Vitalik Buterin walked back a comment he made the previous day. Here’s what my colleague Nikhilesh De watching for throughout the day:Good morning folks, and welcome to
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In a significant development for the global cryptocurrency space, the Croatian financial regulator Hanfa has approved a Bitcoin (BTC) investment fund for the public to invest in. The fund is Croatia’s first regulated, crypto alternative asset fund. Croats Gain Access to Regulated Bitcoin Fund Just days before the highly-anticipated Bitcoin halving, the
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Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on May 8.According to the local newspaper, Hainan Daily, the central government approved the initiative, allowing banks to provide loans to companies that look to export
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CoinShares’ chief strategy officer Meltem Demirors shared her view on how the latest crisis in the oil market will impact the ever-changing narratives around Bitcoin. Changing narratives According to Demirors, the recent crash in oil prices is a watershed moment which will change forever the narratives in the investment world. As she
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The second largest bank in Japan will sign a deal with SBI Holdings to offer digital banking services available on smartphones.According to an April 27 article in the Nikkei newspaper, the Sumitomo Mitsui Financial Group (SMFG) and SBI have launched the first steps towards a multimillion dollar agreement expected to
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The recent phenomenon of people moving their assets into crypto as a safe haven in responding to the financial crisis has drawn the attention of the academic world. Per an Oxford University Law Faculty blog post from April 17, researchers have observed that crypto trading could pose a threat to traditional
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Ant Financial — the Chinese fintech company formerly known as Alipay— has launched a new consortium blockchain platform called OpenChain.According to an announcement on April 16, the platform would allow developers and small and micro enterprises to utilize innovative blockchain tools. They can now explore the technology further and
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While Bitcoin has embarked on a steep recovery since the $3,700 lows seen in March, some have still been questioning the value of cryptocurrency. Case in point: a hedge fund manager named Mark Dow recently shared that he thinks the cryptocurrency is on the “edge of a cliff,” adding:“I’ve been
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In an interview with Cointelegraph, John Vaz, economist and academic at Monash University, asserts that the outlook for Bitcoin (BTC) and cryptocurrency is dependent on the response from governments to the current economic crisis.John also emphasizes the importance of wider adoption and acceptance of cryptocurrencies, likening Bitcoin’s possible role
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After a general slowdown, the global economy has now suffered a secondary blow due to the worldwide coronavirus pandemic which forced a lot of businesses to temporarily suspend operations or stick to minimum capacities. As more people fall sick and cities go on lockdown, the working capital available for individuals
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