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Proposed Digital Dollar and Digital Yuan Have a Lot in Common – Report
6.6.2020
Chinese media analysts believe that there are a number of key similarities between the Digital Dollar Project and the central People’s Bank of China (PBoC)’s digital yuan – but they say that by the time the American project irons out wrinkles, it may be too late to beat Beijing to the punch.
In...
Market Wrap: Bitcoin Flat as Stocks Swell on Positive Jobs Report
5.6.2020
Bitcoin was dull in trading Friday as stock markets were having a big day. However, cryptocurrency stakeholders see it as a temporary market condition
Report Shows Crypto Derivatives Volumes Soared 32% to a Record $602 Billion in May
5.6.2020
Cryptocurrency derivatives trading volumes climbed 32% in May to a new record high of $602 billion, according to data analytics company Cryptocompare. Total spot volumes grew at a slower pace, rising 5% to $1.27 trillion in May, the London-based firm said in a new report published June 4, 2020....
Report: USDC Volume Collapsed in May Despite Market Recovery
5.6.2020
As exchange volumes and the crypto market resumes growing by all measures in May 2020, the USDC stablecoin saw its Bitcoin trading volume plummet by 78%
Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
5.6.2020
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and...
Crypto Derivative Volumes Hit Record $602B in May: Report
4.6.2020
Crypto derivative volumes in May gaining key market share against spot volumes
Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes
4.6.2020
Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less...
SEC ‘Crypto Mom’ Hester Peirce Tapped for Second Term at US Regulator: Report
3.6.2020
SEC Commissioner Hester Peirce has reportedly been nominated to another five-year term at the agency
Blockchain Firms Flocked to Hong Kong in 2019: Report
2.6.2020
Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019
‘Exponential’ Volume Growth Can See Bitcoin Match Major Assets — Report
2.6.2020
Bitcoin is still far from the status of macro assets, but is catching up relentlessly, says Coin Metrics’ State of the Network
Western Union Aims to Acquire Ripple's Partner MoneyGram - Report
2.6.2020
Payments giant Western Union is reportedly interested in purchasing major money transfer company MoneyGram, co-owned by American blockchain company focusing on payments technologies Ripple.
Western Union aims to acquire MoneyGram, thus joining two of the largest US providers of money-transfer...
Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up
1.6.2020
The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets?
India to Significantly Increase Crypto Market Share This Year: Report
1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...
Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv
31.5.2020
In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would...
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
28.5.2020
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open...
Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report
28.5.2020
During the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed to developed countries....
Why You Should and Shouldn't Care About Goldman Sachs' Report on Bitcoin
28.5.2020
Investment banking giant Goldman Sachs is being criticised for their division's poor research on Bitcoin (BTC). But it could be argued that the larger reason why the Cryptoverse should care about their latest presentation is that the bank is spreading misinformation to potential BTC investors...
Irish Firms Pay Blockchain Devs More than US Counterparts – Report
28.5.2020
The highest-paid blockchain developers in the world are not based in Silicon Valley, but on the Emerald Isle, per a new report – with the United States placing third, behind Northern neighbor Canada on a list of countries with the highest average hourly rates for blockchain developers.
The report...
Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
27.5.2020
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...