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Russian Companies Keen to Flood the Market With Their Own Tokens
2.7.2019
A number of Russian companies are keen on launching tokens of their own, and are waiting on Moscow to make its final decision – with the legislation expected to come before parliament sometime this month, according to Russia’s deputy finance minister.
“A lot of businesses have asked when it will...
Coin Race: Top 10 Winners/Losers of June; 2nd Quarter and 1st Half
1.7.2019
June was a particularly interesting month, and highly unpredictable – perhaps even more so than usual, especially given the high stakes for Bitcoin and altcoins. We see many of the coins in the red after the past thirty days, including in the top 10 by the market capitalization category, though...
Crypto Listing & Delisting Announcements: Week 26
1.7.2019
Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Basic Attention Token and BitTorrent Rise on Good News
1.7.2019
Following a volatile June for bitcoin and other major coins, many traders are now placing their bets on the smaller coins out there, waiting for ‘altcoin season’ to return.
Even on a day like today, with most cryptocurrencies in the red for the past 24 hours, two coins - basic attention token...
Japanese Regulator Says Libra is Not Crypto, Gives the Green Light
1.7.2019
Facebook’s forthcoming Libra project is unlikely to come up against any roadblocks in Japan, with the country’s top financial regulator apparently satisfied with the contents of the social network’s white paper.
The Financial Services Agency (FSA), the government body charged with policing...
Goldman Sachs Believes in Tokenization, May Follow JPMorgan - CEO
28.6.2019
David Solomon, CEO of Goldman Sachs. Major investment bank Goldman Sachs is exploring the concept of tokenization and may play a role in it, CEO David Solomon told French publication LesEchos.
Discussing fiat backed stablecoins, the CEO said that the bank believes in the potential of tokenization...
'Libra Will Destroy Stablecoins, Banks Will Become Dumb Warehouses'
28.6.2019
Facebook's Libra will destroy all stablecoins, turn commercial and central banks into 'a dumb regulated warehouse for digital fiat money' and will finally bring new Bitcoin users, the outspoken Co-founder and CEO of major crypto trading platform BitMEX, Arthur Hayes, wrote in his newsletter.
"I...
SWIFT's Moves and EU Banks Target Ripple Business
27.6.2019
Ripple, a California-based blockchain startup focusing on the banking sector, may be about to see competition in their field heat up even more, as the incumbents in the payments industry are doing more to defend their piece of the pie.
According to a new report dubbed Payments: Looking to...
Bitcoin and Altcoins Start Strong Downside Correction
27.6.2019
Yesterday, there was a sharp rise in bitcoin price above the USD 13,000 resistance levels. BTC/USD traded to a new yearly high towards USD 13,800. However, an outage of Coinbase’s website and API triggered a nasty decline below the USD 13,000 support level. The price even broke the USD 12,000...
Hacker Steals XRP 9.3m and ADA 2.5m from Crypto Exchange Bitrue
27.6.2019
Source: iStock/D-Keine
At approximately 1:00am June 27 (GMT+8), a hacker accessed the personal funds of about 90 Bitrue users and stole XRP 9.3 million (USD 4 million) and ADA 2.5 million (USD 227,900), the Singaporean crypto exchange said.
"First of all, please let us assure you that this...
Crypto ATM Operator Adds Dai, Targets USD 690bn Remittance Market
27.6.2019
American crypto ATM operator Coinsource has announced that it will begin allowing customers to make Dai purchases from its machines as of this summer – ahead of a planned remittance service launch.
Per Reuters, Coinsource says it is set to “update all of its machines to allow customers to...
Token Offerings Lag Behind 2018 Results, IEOs Accelerated
26.6.2019
During 250 token offerings in the first five months of 2019, or almost half a year, startups managed to raise only 17% of the total capital raised in 2018, a new report from PwC Strategy& and the Crypto Valley Association showed.
Moreover, 35% of the raised funds (USD 3.26 billion in total) belong...
Altcoins Crashing Against Bitcoin
26.6.2019
The market is not looking good for altcoins, including major tokens like ether (ETH), litecoin (LTC), XRP, and bitcoin cash (BCH). That’s the reality when measuring the returns of these coins in terms of bitcoin.
Out of the top 100 coins by market capitalization, only seven are in green in the past...
While Libra Partners in Doubt, Newcomers ‘Flooding’ the Project
26.6.2019
While Facebook's Libra project claims there is “a flood” of interest in it, at least several of its partners appear to be more cautious.
The new coin, which has made headlines ever since it was announced last week, is touting the strong line-up of 28 founding members who have signed up to work...
Bitcoin Targets USD 13,000, Altcoins May Gain Bullish Momentum
26.6.2019
In the past two sessions, there was a strong rise in bitcoin price above the USD 12,000 resistance level. BTC/USD gained more than 10% and even surpassed the USD 12,500 and USD 12,800 levels. It traded to a new 19-month high near USD 13,000, with a positive bias. Similarly, there was a strong...
This Struggling Giant Sector Might Fuel Global Tokenization
25.6.2019
As more companies are exploring tokenization opportunities, another giant sector might jump on this trend.
A new report, dubbed Rise of Digital Finance: Tokenising mining & metals assets, from global law firm White & Case LLP makes the case that the trend of tokenization of traditional assets...
Crypto Listing & Delisting Announcements: Week 25
24.6.2019
Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Hyped Algorand Token Dives After Listing
24.6.2019
ALGO, the native token of Algorand, a developer of a decentralized digital currency and transactions platform, that was recently listed following its public sale last week, has seen its price crashing in the market following an initial hype.
Despite a seemingly strong team and promising specs...
Crypto Market Sentiment: Bitcoin is the Only One in the Positive Zone
24.6.2019
This week, the crypto market sentiment measure, Sentscore has risen slightly for a second week in a row, now being at 5.32, compared to last Monday’s 5.29, according to Omenics , a crypto market sentiment analysis service. It remains to be seen if the steady rise is a part of a longer trend.
While...
Fearless Ripple CEO Keeps Belittling Major Competitors
21.6.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
As potential new major competitors pop-up one after another and the old ones are overhauling their businesses, Ripple, a California-based blockchain startup focusing on the banking sector, tries not to show that the newcomers might...