Cryptocurrency Analysis and News Portal
The second-largest bank in the United States is now reportedly using blockchain technology for settling stock trades.According to a Bloomberg report on Monday, Bank of America has joined Paxos Settlement Service, a platform capable of same-day settlement of stock trades using blockchain technology. Kevin McCarthy, head of financing and clearing,
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The head of a Philippine electricity generator and distributor says that blockchain-enabled trading of electricity can thrive in the country, so long as the right regulatory environment exists. Emmanuel Rubio, president and CEO of Aboitiz Power, told the Manila Bulletin blockchain offered an opportunity in the electricity market, particularly
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Bitcoin (BTC) is showing tenacity above $50,000 on March 25. The 10% drop over the last 24 hours happened despite Tesla allowing customers to buy vehicles using BTC in addition to CEO Elon Musk affirming that it will not be converted to fiat currency.On March 22, the United States Federal Reserve chair,
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In summary:Bitcoin futures trade volume hit a new all-time high of $294.19 Billion as BTC fell below $45kThe majority of the trade volume was witnessed on Binance followed by Huobi and OKExBitcoin is once again above $50kBTC still has two more hurdles this month in the form of the expiry
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Forty-six fuel stops will accept bitcoin, ether, stellar, XRP and EOS through a partnership with local platform PayCek. Source
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On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade. Source
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Bitwise Asset Management, a provider of cryptocurrency index funds, is seeking regulatory approval that would enable it to publicly trade shares of its bitcoin fund on an over-the-counter (OTC) marketplace.According to a press release issued Tuesday, the company has filed a 211 form with the U.S.’s Financial Industry Regulatory Authority
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Crypto trading platform Voyager has gone off-line several times since Thursday due to “immense ongoing volume,” after its official Twitter account sent out multiple tweets encouraging users to buy and trade dogecoin (DOGE) on its app.“We’re still working to stabilize our scalability, and performing system upgrades,” according to a tweet
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“Long bitcoin” – a bullish bet on the top cryptocurrency – is now the most crowded trade in financial markets, according to Bank of America’s January survey of fund managers.Published by Reuters on Tuesday, the research is evidence of the growing popularity of bitcoin as an investment asset. Widely touted
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Digital asset exchange Dacxi is joining CryptoUK, a self-regulatory trade association for the U.K. cryptocurrency industry.According to an announcement from CryptoUK today, Dacxi will be joining the group as its 8th executive member alongside exchanges Binance.UK, Coinbase, CryptoCompare, Electroneum, eToro, Ripple and Simmons & Simmons. Executive members are responsible for
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