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Blockchain.com's 'Best Quarter', Parallel Binance Chain + More News
17.4.2020
Peter Smith, CEO of Blockchain.com. Source: a video screenshot, Youtube/Bloomberg
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
CEO at major crypto company...
Billions in Crypto 'Dry Powder' On Exchanges Ahead of Bitcoin's Next Move
17.4.2020
With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again.
As reported, many crypto...
Seoul to Blockchain Firms: Take ‘Golden’ Chance to Gain Ground on US, EU
17.4.2020
The South Korean government has called on the nation’s private sector to seize a “golden” opportunity to take the lead in the global blockchain market – and plans to fund a new spate of blockchain-related projects in its next budget.
Per Fn News, Seoul’s Vice Minister of Strategy and Finance...
DeFi Experiment: A Loan Issued With Ethereum Domain Name as Collateral
17.4.2020
NFT-backed loan provider Rocket LP DAO has signed off the first loan in history that for a collateral has only an Ethereum domain name.
In a Medium post, director of operations at Ethereum Name Service (ENS), Brantly Millegan, says that he received the world’s first ENS-backed Non-fungible token...
Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket
17.4.2020
Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom.
And it seems that even though some leading companies have been going to great pains to distance...
BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants
17.4.2020
Bitcoin payment processor BTCPay Server has added support for Pay to Endpoint (P2EP), a result of a workshop organized by Blockstream, a major, Canada-based blockchain company.
As Blockstream explains in their blog post, P2EP, aka PayJoin, is a special type of Coin Join, a method for combining...
Bitcoin And Altcoins Consolidating Gains Above Key Supports
17.4.2020
Yesterday, we saw a sharp rise in bitcoin price above the main USD 6,850 resistance. BTC/USD even surged above the USD 7,000 barrier, but it struggled to surpass the USD 7,200 resistance. It is currently (08:30 UTC) consolidating gains above the USD 7,000 and USD 6,850 support levels.
Also, there...
Did Amazon Just Kill One of the Oldest Bitcoin Companies, Purse?
17.4.2020
Bitcoin company Purse will close its doors six years after its launch, and a theory is that e-commerce giant Amazon's recent commission rates slashes are behind it.
Purse - a company that enabled a savings options with up to 5% discounts on Amazon, allowing Amazon gift card holders to complete...
ZeBitcoin, your simple way to buy cryptos
17.4.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
Since its start in 2016, ZeBitcoin has done very well and is now positioned as one of the biggest players in the French cryptosphere. Thanks to a platform offering an interface that is as simple...
B2BinPay Launches Webinars to Help Businesses with Crypto Payments
17.4.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
B2BinPay, a leading cryptocurrency payments provider, has announced that it will shortly be commencing a new series of webinars designed to help businesses start accepting cryptocurrency...
Grayscale Bitcoin & Ethereum Investors Hit New Record + More News
16.4.2020
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.
Investment news
Major digital asset manager Grayscale Investments said it raised USD 503.7 million in 1Q20, nearly double...
There's Still Money for IEOs; Blockchain Fundraising Will Grow - Binance CEO
16.4.2020
Changpeng Zhao. Source: Instagram, Binance
Initial Exchange Offering (IEO) are still very much a thing and will thrive in the future, said Changpeng Zhao, CEO of major crypto exchange Binance.
"I am still very confident in the IEO market," Zhao said, speaking at the virtual BlockDown 2020...
Facebook's Libra Confirms A New Plan To Please Regulators
16.4.2020
In an attempt to ease regulatory concerns, Facebook's Libra just changed its initial plan to issue the multi-currency Libra Coin and now aims to start from single-currency stablecoins, such as LibraUSD, LibraEUR, etc.
"This will allow people and businesses in the regions whose local currencies...
Macro Backdrop 'Never Been More Conducive' for Bitcoin - Analyst
16.4.2020
The current macroeconomic backdrop has never been more conducive for “a non-sovereign, censorship-resistant, provably scarce digital asset,” Kevin Kelly, Co-founder of crypto research boutique Delphi Digital, believes.
In an analysis piece in eToro’s latest quarterly The State of Digital Assets...
Bitcoin Price Models Go to War (Again) as Rainbow Champion Decries S2F
16.4.2020
Source: Adobe/Наталья Самбулова
The crypto community has once again been drawn into a heated online discussion about which price model – if any – most accurately predicts movements in bitcoin (BTC) prices.
An asset manager has sparked the latest debate by championing the so-called rainbow chart...
NEO Bets On Post-Pandemic Blockchain Boom: 'May The Fittest Survive'
16.4.2020
NEO founder forecasts post-pandemic blockchain boom, and NEO, regularly titled as “Chinese Ethereum,” is going to capitalize on it.
Da Hongfei, the founder of China-headquartered NEO, a blockchain platform for distributed apps, and of Onchain, a blockchain development company for enterprise...
SBI to Use Corda Blockchain for Forex Trading
16.4.2020
Ripple’s Japanese partner SBI Holdings says it will use Corda blockchain technology to power forex trading on its platform.
Per a Nikkei report and a joint press release, SBI – a securities giant that also operates banking and crypto exchange services – says that the deal will involve Corda’s...
Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports
16.4.2020
Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May.
Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...
Bitcoin And Altcoins Rally, Ethereum Outperforms Major Coins
16.4.2020
Recently, bitcoin price extended its decline below the USD 6,550 support area. However, losses were limited and BTC/USD bounced back sharply after tagging the USD 6,500 area. It is now trading above USD 6,850 and attempting another upside break above the USD 7,200 resistance.
Similarly, most major...
People Tell Cryptoverse to Fix These Things to Reach Bitcoin Mass Adoption
16.4.2020
What is it that the Cryptoverse needs to do exactly to see the mass adoption of cryptocurrencies? According to the participants of a survey, there are some major barriers to crypto adoption, and these include the understanding of crypto, its security, lack of options to use it, and complicated...