Cryptocurrency Analysis and News Portal
After rising for several days, U.S. stock indexes plunged sharply on Thursday. Big tech stocks dragged down the whole stock market. The overvalued tech sector was due for a correction. Thursday is a bad day for U.S. equity markets. Stocks fell sharply after the recent rally hit all-time highs. The tech sector, the
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The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations. Source
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The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — especially after the subsequent collapse of the altcoin market and the mayhem of initial coin
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PBoC confirmed it will be testing a mobile application for storing and exchanging the digital yuan, after screenshots circulated on social media. Internal tests will be done in Shenzhen, Suzhou, Xiong’An, and ChengduThe People’s Bank of China (PBoC) said it is intending to add the Tencent-backed food delivery giant Meituan
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There is no doubt that cryptocurrency — specifically Bitcoin (BTC), which is frequently used as a barometer for the health of the entire sector — has made a comeback. As of the writing of this article, Bitcoin stands at a little over $9,000, very close to the $10,000 rebound that
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Gilead Sciences (GILD) stock is slightly down despite the progress that the company made in testing of its remdesivir drug that can be used as the coronavirus treatment.Shares of Gilead Sciences Inc (NASDAQ: GILD) slightly dropped yesterday despite the company announcing advancement in its race for a COVID-19 treatment. GILD
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Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu.According to a June 29 report in the Nikkei newspaper, Soramitsu will begin testing “White Tiger,” a digital currency sitting on the company’s native Hyperledger Iroha blockchain. The digital asset
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[sociallocker id="55298"] Ethereum co-founder Joseph Lubin’s firm ConsenSys is releasing a compliance service to keep an eye out on transactions conducted by DeFi companies and exchanges trading tokens issued on Ethereum.According to a Bloomberg article published on June 8, decentralized applications development company ConsenSys announced it would release a service
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JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon, changed his mind about bitcoin.JPMorgan Chase’s Bitcoin ClientsJPMorgan Chase & Co. has reportedly started
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One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced it would be adding a new coin for trading.In an April 9 press release, crypto exchange bitFlyer said it would start trading Brave’s Basic Attention Tokens (BAT) in Japan. It has
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