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Taiwanese Buy USD 15m Condo In New York with Bitcoin
11.11.2019
389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC).
Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3...
Bitcoin Price Drops Below USD 9,000 Again; Altcoins Follow
8.11.2019
Source: iStock/hocus-focus
Though Bitcoin (BTC) started this Friday with a smaller drop in its price, in a sudden move in the afternoon hours (UTC time), bitcoin price dropped by 2.4% in less than two hours - which was enough to push it below USD 9,000. Additionally, altcoins turned red.
While...
Ignore Decentralization & Tokenization and You May Miss USD 3Tn Market
7.11.2019
Businesses that ignore decentralization and tokenization risk to miss a USD 3 trillion market, finds the major research and advisory company Gartner.
The blockchain-related industry to generate USD 3.1 trillion in new business value worldwide by 2030, but half of it will be generated already...
Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD
5.11.2019
The Stellar Development Foundation announced the burn of 55 billion XLM, stating that remaining tokens will be used for network development
Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement
3.11.2019
According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin...
USD Backed by Gold, Believe 29% of Respondents + 11 More Crypto News
31.10.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Fiat news
29% of surveyed Americans believe that the U.S. dollar is still backed by gold, a recent survey of 1,000 respondents...
Argentina’s Example Shows That You Don’t Own Your Money
30.10.2019
Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted in Argentine account...
CHAI Processes USD 54m via Terra's Blockchain + 12 More Crypto News
24.10.2019
Source: iStock/apichon_tee
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Adoption news
South Korea’s mobile payments platform powered by Terra’s blockchain technology...
Lightning Network User Confused By Protocol: Lost 30,000 USD
24.10.2019
The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...
3 Major Signs That Precede the Fall of World Reserve Currencies
24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...
Gold Investors Eyeing Bitcoin on its Way to USD 100,000 - Plan₿
22.10.2019
Some gold investors are not only looking at the digital gold, Bitcoin (BTC), but also considering investing in it, while its price is expected to hit USD 100,000 by the end of 2021, according to anonymous investor and Twitter user Plan₿, known for his insights into the stock-to-flow ratio, cited...
Ripple Has USD 305 Million in Cash and Makes '30 Deals a Week' - CEO
18.10.2019
The CEO of Ripple, a California-based blockchain startup focusing on payment technologies, Brad Garlinghouse, had three interesting statements to share in a recent interview: the amount of cash Ripple has in the bank, the number of deals it makes a week, and the CEO’s opinion on Facebook’s Libra....
Binance Makes USD 1bn in Total, CEO Confused About BNB Price
17.10.2019
Changpeng Zhao. While major cryptocurrency exchange Binance made a total of USD 1 billion in profits, also thanks to the new revenue streams, the CEO of the company said he's 'confused' about the price of their native token, Binance Coin (BNB).
In an attempt to increase the value of the coin,...
Maduro: Caracas to Hand out up to USD 3.6m in Petro Tokens
17.10.2019
Nicolás Maduro. Source: Twitter, @NicolasMaduro
Venezuelan president Nicolás Maduro has announced that the central government will hand out a total of USD 543,700 worth of the state-run, oil-backed Petro cryptocurrency to each of the country’s 23 states on a bi-monthly basis.
In a televised...
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
Back in Red: Ethereum Price Below USD 180 and Continues to Drop
16.10.2019
After failing to stay at USD 190 level last week, the price of ethereum (ETH) continued to drop and is now below USD 180.
The price at the time of writing (at UTC 13:20) of the second coin by market capitalization is USD 175, which is far from its 30-day low of USD 156, but quite close to its 7-day...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
Ethereum Price Fails To Keep USD 190, Trims Weekly Gains
11.10.2019
The price of the second coin by market capitalization, ethereum (ETH), fell below USD 190, while its weekly gains are 4 percentage points lower than just a day ago.
This entire week for Ethereum was dominated by Devcon it seems, which is an annual conference organized by the Ethereum Foundation...
Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift
11.10.2019
The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions...
Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation
10.10.2019
After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise...