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As Dogecoin Barks Louder, Tron's Justin Sun Rides the Focus on TikTok
8.7.2020
Source: Adobe/epic_images
As the Dogecoin (DOGE) on TikTok story is getting hotter by the minute, the Cryptoverse turned its focus to this popular platform - with Tron's (TRX) Justin Sun taking the lead.
The Chinese video-sharing social networking service owned by Beijing-based tech company...
Digital Yuan Set for Real-world Ride Sharing Pilot with Apple-backed Didi
8.7.2020
China’s digital yuan launch appears to be inching yet closer to rollout after reports in the Middle Kingdom surfaced linking a ride-share operator with pilots for the new central bank-run token.
Per Beijing Business Today and Bloomberg, a digital currency unit of the central People’s Bank of China...
Bitcoin Stuck Near USD 9,300 While XRP, BNB and ADA Rally
8.7.2020
Bitcoin price remained stable above the USD 9,200 level and it is currently (08:30 UTC) consolidating near the USD 9,300 resistance. If BTC settles above USD 9,300 and USD 9,320, there are chances of another strong upward move towards USD 9,550 in the near term.
On the other hand, there was...
Russian Government Set to Enable Blockchain Voting for 2021 Elections
8.7.2020
Russian officials have indicated that they are happy with the use of blockchain-powered smartphone and PC voting – and intend to expand blockchain-based voting in next year’s parliamentary elections.
As previously reported, some 1.14 million Russians voted on a blockchain platform in the country’s...
South Korean Blockchain Patents Applications ‘Surging’
8.7.2020
Blockchain technology-related patent applications surged in South Korea last year, and appear to be rising further this year in wake of the coronavirus pandemic.
Per the Korean Intellectual Property Office (KIPO), a total of 1,301 blockchain patents were registered in the country last year, a rise...
Stocks Are Soaring, Time to Short Bitcoin?
7.7.2020
Jay Hao. Jay Hao is the CEO of crypto exchange OKEx.
__________
When I woke up this morning, I received many messages from my friends, who told me, "Stocks have skyrocketed. Can we short bitcoin (BTC)?" Then I opened my Bloomberg and saw the following chart. The Shanghai Shenzhen CSI...
8 Ethereum Miners Wield ‘Overwhelming Influence’ Over the Network
7.7.2020
The Ethereum (ETH) network is dominated by just over 50 powerful mining pools – with an inner cabal of eight maintaining the lion’s share of the blockchain, according to the findings of a new report.
The ConsenSys-produced “The Ethereum Proof of Work” report concluded that as recently as Q2...
Bad & Good News For Binance, Unstoppable Chat + More News
7.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance has been told to cease offering crypto derivatives trading in Brazil. Per an official release, the nation’s Securities...
Liquidity Mining is 'Like Uber' Giving Shares to Early Drivers & Riders
7.7.2020
DeFi's latest hit is yield farming with millions of dollars worth of tokens distributed each month. It's boosted by liquidity mining, which today is like Uber giving shares to early drivers and riders, argued a researcher.
DeFi (decentralized finance) commonly refers to the protocols, digital...
Ethereum Pulls Away from Competition in Dapp Dominance Race
7.7.2020
The Ethereum (ETH) network almost doubled its number of active dapp users in the second quarter of 2020, increasing by 97% to close to 1.259 million users and logging a new all-time-high, per a new report from Dapp.com.
The Dapp.com data shows that from April to June this year, the roughly...
Dogecoin Soars As TikTokers Attempt To Pump It
7.7.2020
Source: a screenshot, TikTok
Dogecoin (DOGE), the cryptocurrency that was created partly as a joke in 2013, is soaring in the market today after what seems to be push by some content creators on the video sharing app TikTok for their followers to buy it.
The #dogecoin tag has now 2.4 million...
Watch Fiat Currencies If You Want To Guess Bitcoin's Next Move
7.7.2020
As major fiat currencies face potential devaluations in the wake of the COVID-19 crisis over the coming months and years, an alternative currency like bitcoin (BTC) has never been so needed, according to Max Bronstein, a member of the Institutional Coverage team at Coinbase.
Sharing his thoughts...
Cryptoverse Talks Hypocrisy After Crypto Companies Take Gov't Millions
7.7.2020
The Cryptoverse is in an uproar, arguing over money, hypocrisy, and morality. This comes after The US Small Business Administration (SBA) published the Paycheck Protection Program (PPP) data, per which dozens of blockchain and crypto-related companies have taken millions from the government...
Bitcoin and Altcoins Gain Bullish Momentum
7.7.2020
Bitcoin price started a fresh increase above the USD 9,200 resistance level. BTC even broke the USD 9,300 resistance and tested the USD 9,350 region. It is currently (08:30 UTC) correcting lower, but dips are likely to remain supported and the price could resume its upward move.
Also, there was...
Cosmos, Polkadot Join Terra In New DeFi Savings Project
7.7.2020
Guided by a belief that decentralized finance (DeFi) is still missing “a simple and convenient savings product,” South Korea-based stablecoin issuer Terra (LUNA) has revealed Anchor, a new DeFi project.
The new platform will be governed by a newly formed organization the Interchain Asset...
China Adds New Blockchain Post to List of ‘Officially Recognized Jobs’
7.7.2020
Chinese authorities have placed another blockchain-related post on the nation’s official list of jobs.
Per the People’s Daily, the official newspaper of the Chinese Communist Party, the Ministry of Human Resources and Social Security, the State Council body responsible for national labor policies...
S Korean Province Mulls Local Stablecoin-powered Universal Basic Income
7.7.2020
Typical Korean street food. The Governor of Gyeonggi Province, South Korea’s most populous province, has suggested launching a universal basic income – funded by local stablecoins.
Per OhMyNews, the proposal, spearheaded by Lee Jae-myung, who was elected Governor of Gyeonggi Province in 2018,...
Crypto Listing and Delisting Announcements: Week 27
6.7.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Spot Trading Halved in June; Kraken's Move in Europe + More News
6.7.2020
This is your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Spot trading volumes on both top tier and lower tier crypto exchanges plummeted in June to USD 177bn (-36%) and USD 466bn (-53%)...
Crypto Market Sentiment Unchanged; Cardano Joins Bitcoin in Positive Zone
6.7.2020
For the second week in a row, crypto market sentiment score (sentscore) barely moved over the course of the past seven days. It moved even less than last week. Back then, we saw the combined moving 7-day average sentscore for the top 10 coins drop from 4.97 to 4.92, but this time it went up from...