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Digi-Yuan Confirmations, Royal Screw-Ups and 20 Crypto Jokes


Another eventful crypto week. Let's take a look at what happened. So, China's central bank officially confirmed that digital yuan testing is coming soon, and there are reports that McDonald’s, Starbucks, and Subway may take part in its testing. Uniswap and Lendf.Me were attacked using a known...

How Trading Bots Can Pump Altcoins


Have you ever wondered why “vaporware” coins that have little to offer are still trading among the top digital assets with millions in daily trading volumes and asset prices that just seem off? Well, there are several reasons for that and trading bots are likely one of them. In this article,...

Chinese Companies Lead Blockchain Patent Race + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Chinese companies have topped new global blockchain patent tables, reports media outlet East Money, quoting data...

Zilliqa To Work On Modular Network, Launch DEX in 2020


Singapore-based blockchain project Zilliqa (ZIL) is starting its work on a modular network in 2020, while by the end of the year, they plan to open trading on their new Zilliqa DEX exchange. "In 2020, our plan is to begin creating a modular network and open-sourced platform of financial...

The Freshest Binance’s IEO Shows It Still Works


A newly concluded token offering on Binance is bringing hope to proponents of the initial exchange offering (IEO) model that this method of issuing new coins and tokens to the market is still working as it used too - after an initial pump, the price is dropping. At 2 AM UTC time on April 23, a...

Another Prominent Investor Says Bitcoin Could Hit the USD 1m Mark


Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance Another prominent Bitcoin bull is tipping bitcoin (BTC) to reach a price of USD 1 million within the next few years, just over a year IBM’s former head of crypto made a similar prediction, following on from eccentric tech magnate...

Argentina, Venezuela Seek Crypto-powered Solution to Economic Despair


The coronavirus pandemic has sent much of the world into an economic tailspin – but for some South American nations, such as Argentina and Venezuela, financial turmoil predates the health crisis by several months. Now innovators in both countries have turned to blockchain technology...

AI Says Only Bitcoin, Ethereum, And Tezos To Rise Next Week


While bitcoin (BTC), ethereum (ETH), and tezos (XTZ) could go up in the next week, an artificial intelligence (AI) system predicts that the same fortune doesn't await the rest of the top 10 coins. Crypto data firm Nomics has announced on Wednesday the beta release of 7-day cryptoasset price...

BitMEX Offers ‘Quanto’ Ethereum Product in a Bid to Regain Market Share


Arthur Hayes, Co-founder and CEO of BitMEX. Following a downturn in trading volumes after the coronavirus-triggered market panic in March liquidated a massive amount of trades on crypto derivatives platform BitMEX, the exchange is again looking to capture market share by offering a new product...

Bitcoin And Altcoins Consolidate Post-Rally Gains


Yesterday, we discussed the chances of a fresh monthly high in bitcoin price above the USD 7,200 resistance. BTC/USD did gain bullish momentum above the USD 7,200 and USD 7,450 resistance levels. It traded to a new monthly high close to USD 7,750 and it is currently (08:30 UTC) consolidating...

Purse Reverses Decision To Close, Roger Ver 'In Talks' With the Company


Bitcoin company Purse reversed its decision and decided against closing its doors, after it was thrown a lifebelt in the form of a potential acquisition. "Several parties - including well known bitcoin advocates, high volume users, and established cryptocurrency companies - reached out with...

Beginners Guide To Cryptocurrency


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. Stock Photo: deniskot / Keyboard with a golden cryptocurrency tab Cryptocurrency 101 Cryptocurrency has been around since 2009 and has grown in popularity ever since. But if you’re a beginner...

How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?


The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices. But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...

Bitcoin Hodlers Accumulate, Binance-Backed Crypto App For Africa + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Crypto market researcher Glassnode has announced that Hodler Net Position Change is now hitting yearly highs....

Bitcoin Rallies, Almost Hits Pre-Crash Level, Ethereum & Co Jump Too


The most popular cryptocurrency, bitcoin (BTC) rallied on Thursday sharply, almost recovering all losses suffered on Black Thursday in March. At pixel time (14:55 UTC), BTC trades at c. USD 7,573 and is up 5% in an hour and 6% in a day. The price increased 8% in a week and 12% in a month. BTC...

LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform


Source: Adobe/S_E South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic. Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,”...

Dharma Launches Feature for Sending Dai Payments to Twitter Handles


Dharma, an Ethereum-based crypto lender, has released a new feature that allows sending stablecoin to Twitter handles. This peer-to-peer lending platform has announced the launch of Social Payments, which they describe as a Twitter-native financial ecosystem. They go on to say that this new service...

McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports


McDonald’s, Starbucks and Subway branches could be set to take part in the Chinese central bank’s digital yuan pilots, with Beijing’s efforts to roll out the world’s first central bank digital currency (CBDC) intensifying. Multiple Chinese outlets, including the likes of Sina (via JRJ and Ciajing)...

New Libra Might Help Crypto Adoption - Binance Research


Crypto industry might greatly benefit from Facebook's Libra coins adoption, according to Binance Research, the research arm of the major crypto exchange Binance that has its own interests in the stablecoins business. In their analysis titled "Will Libra Live Up To Its Initial Ambitions?"...

Another Japanese SBI-backed Crypto Exchange Set to Begin Trading


The Japanese crypto scene is set to welcome its 23rd license-holding exchange after the heavily backed FXCoin platform announced it would begin trading next month. In an official statement, FXCoin stated that it was now accepting applications from traders wishing to open accounts on the platform...

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