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Stablecoins Don’t Inflate Crypto Markets - Researchers
23.4.2020
Contrary to popular belief, cryptocurrency prices may not be as dependent on the issuance of the most popular stablecoin, tether (USDT) as many people have thought, according to two researchers.
Stablecoins act more like a safe haven within the crypto ecosystem that investors seek refuge in during...
Bitcoin Market Returns to ‘Rational Levels’ - Report
23.4.2020
The crypto market is “returning to rational” levels as the correlation between bitcoin (BTC) price and spot trading volume has dropped following the crypto market plunge on March 12, according to TokenInsight, a token data and rating agency.
Total trading volume across almost 300 spot exchanges...
Bitcoin And Altcoins Target Fresh Monthly Highs
23.4.2020
Yesterday, we discussed the chances of a decent upward move in bitcoin price above the USD 7,000 resistance. BTC/USD did rise above the USD 7,000 and USD 7,050 resistance levels. It tested the USD 7,200 resistance and is currently (08:30 UTC) consolidating gains with minor corrective...
Betis Sevilla joins Sorare’s blockchain fantasy football game
23.4.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Betis Sevilla joins Sorare’s blockchain fantasy football game
● Sorare, a blockchain fantasy football game, and Betis Sevilla, the legendary Spanish football club, have signed a licensing agreement.
● Scarce...
Who in Crypto Might Come Out As Winners or Losers After the COVID-19 Crisis?
22.4.2020
The COVID-19 pandemic now has its grip firmly on the world. According to official numbers, almost 2.6 million individuals have been infected globally, and almost 180,000 have died. In addition to the impact on public health and the healthcare system, the global economy is starting to ground to...
Crypto Exchange on WordPress, Gemini Passes Another Exam + More News
22.4.2020
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.
Exchanges news
Alon Goren, the Founding partner at blockchain venture studio Draper Goren Holm, said today that...
Art + Crypto Tale Takes New Twist as Artist Tokenizes His Output
22.4.2020
#freetoexplore #swipelife, 2019. Exhibition view, Magasins Généraux, Pantin, France. Source: ben-elliot.com
Artists are increasingly turning to crypto-powered solutions to fundraising – and a future whereby both artists and their output are tokenized may not be far off.
In a glimpse of what might...
What Crypto Prediction Markets Can Tell Us About Coronavirus
22.4.2020
Project building new market mechanisms atop Ethereum, Gnosis, funds a decentralized prediction markets platform that wants to uncover useful and factual information about the coronavirus, amidst the abundance of false and conflicting news.
Coronavirus is a global challenge that caused major...
Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows
22.4.2020
Although holders of both bitcoin (BTC) and gold are often motivated by an idea of investing in assets that are outside of the financial system, it might not be the case, according to a popular macro strategist who believes that that the next world reserve currency will be “a crypto.”
Speaking with...
Stablecoins Challenge Ethereum's Claim To Become Money
22.4.2020
Though Etherem (ETH) has a "credible claim as money" within the Cryptosphere, stablecoins rise as its challengers, according to crypto market analysis firm Coin Metrics. That said, the growth of stablecoin is a good thing for Ethereum, at least for now.
As reported, the stablecoin market...
Chinese Blockchain-powered Trade Pilot Claims Int’l Success
22.4.2020
Qingdao. Companies involved in the Chinese city of Qingdao’s blockchain-powered cross border financing platform pilot are claiming that they are enjoying great success – and have conducted blockchain-powered trades with partners based as far afield as North America and Southern Asia.
Per...
Bitcoin And Altcoins Positioning To Resume Uptrend
22.4.2020
After a short term downside correction, bitcoin price found support above USD 6,750. Recently, BTC/USD consolidated in a range above USD 6,800 and it seems like the bulls are now preparing for an upward move towards the USD 7,050 and USD 7,200 resistance levels.
Similarly, there are positive signs...
Central Bank Says CBDC Could Learn From Bitcoin, Rejects Decentralization
22.4.2020
The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency.
The paper, which was written by...
Coinhouse obtains mandatory AMF registration for its crypto activities
22.4.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Photo: iStok/AndreyPopov
Coinhouse & Coinhouse Custody Services, the first companies to obtain mandatory AMF registration for digital assets related activities
Paris - April 6th 2020 - The AMF (the French...
Central Bank of Argentina Tests Blockchain-powered System + More News
21.4.2020
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.
Adoption news
The Central Bank of Argentina has started promoting a proof of concept based on blockchain. According to the emailed...
Ripple Sues YouTube
21.4.2020
Brad Garlinghouse. Source: a video screenshot, Youtube/Bloomberg Technology
Ripple, an American blockchain company focusing on payments technologies, has announced a lawsuit against the video sharing giant YouTube.
"Today, we are taking legal action against YouTube to prompt an industry...
Japanese Analyst Says Traditional Investors Will Come Flocking to Crypto
21.4.2020
A Japanese analyst says that institutional investors are growing increasingly crypto-keen – and believes that the coronavirus pandemic will only serve to heighten their interest.
Per Fisco, via Gentosha, popular Japanese blockchain and crypto author and analyst Tetsuyuki Oishi says that...
Int’l Consortium Uses Blockchain to Conduct USD12m Wheat Trade Deal
21.4.2020
American agriculture giant Cargill says it has teamed up with Singaporean and Dutch companies to conduct a pioneering, cross-continental wheat trade transaction worth USD 12 million – from North America to Southeast Asia on a blockchain platform.
The deal involved Singapore-based agriculture...
In a Year or Two, Courts Will Be Ones Making Crypto Laws - Kraken CLO
21.4.2020
The courts, not the lawmakers, will likely be the ones that'll make "new sources of law" for the crypto industry within the next couple of years, according to Marco Santori, the recently appointed Chief Legal Officer (CLO) at major crypto exchange Kraken.
Stating that cypto companies...
Bond Yields Nearing Zero Offer Support to Bitcoin - Analyst
21.4.2020
While some analysts now point out that bitcoin (BTC) is looking somewhat weak from a charting standpoint, others are painting a bullish picture for bitcoin, with lower bond yields and a weak stock market, leading investors to look for alternatives outside of the financial system.
Among the many...