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Apple Co-Founder Wozniak-Backed Token Doubles in a Day
9.12.2020
Steve Wozniak in the early years of Apple. Source: A video screenshot, Youtube/Bloomberg Quicktake
Apple co-founder Steve Wozniak's week-old token called efforce (WOZX) skyrocketed and doubled in a single day.
At pixel time (11:51 UTC), WOZX trades at USD 2.85 and up by 89% in a day, correcting...
Give Commercial Banks More Power over Digital Ruble – Industry Leader
9.12.2020
Commercial banks should be the gatekeepers of the digital ruble: This was the message from a Russian crypto and blockchain industry group chief – as the nation’s Central Bank gears up to launch a pilot for its forthcoming digital currency.
Russia is just one of the many nations now engaged in...
China Preparing to Wow World with Digital Yuan at Winter Olympics
8.12.2020
The national Stadium (a.k.a. Bird's Nest) built for 2008 Summer Olympics and will be used again in the 2022 Winter Olympics. Source: Adobe/coward_lion
China appears to be targeting the 2022 Winter Olympics as a showcase for the digital yuan – and will hope to show a global audience how fast...
Step 1 for Companies: Buy Bitcoin; Step 2: Issue Their Own Token - Arca
8.12.2020
After they've bought some bitcoin (BTC), companies will want to issue their very own tokens, and this may be coming sooner than we think, according to Jeff Dorman, Chief Investment Officer at a US-based blockchain- and crypto-focused investment advisor Arca.
"Once companies start purchasing...
Bitcoin and Altcoins Turn Red After Multiple Failures
8.12.2020
After multiple failed attempts near USD 19,500, bitcoin price dropped and broke the USD 19,000 support level. The price is currently (05:00 UTC) down over 2% and it could continue to move lower towards the USD 18,500 level or even USD 18,200.
Similarly, there was a bearish reaction in most major...
Blockstack Token's Conversion to Non-Securities Would be 'Unprecedented'
8.12.2020
Source: a video screenshot, Youtube, Bloomberg Technology
After the launch of Stacks Blockchain 2.0, stacks tokens (STX) will no longer be treated as a security in the US, finally opening the doors to US investors, said the company's co-founder - with an expert calling this a major deal for...
Facebook’s Libra Rebrand Hits Another Name-Change Snag as UK Diem Lawyers up
8.12.2020
Facebook’s latest efforts to rebrand its Libra stablecoin project, recently renamed Diem, appear to have hit the rocks – again – with a British fintech firm of the same name preparing legal action.
The Libra Association, the project’s governing body, recently stated that it was renaming itself...
Here's What You Need to Know About the Incoming Spark Airdrop to XRP Holders
8.12.2020
December 12 will see an airdop of 45 billion spark tokens at a 1:1 ratio to XRP holders by blockchain platform Flare Network, which is backed by Ripple's investment arm RippleX (formerly Xpring) - so let's take a look at what that means.
Spark is the native token of the Flare Network, created by...
Crypto Listing and Delisting Announcements: Week 49
7.12.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
MicroStrategy Buys More Bitcoin, Hong Kong Eyes Digital Yuan + More News
7.12.2020
Traditional Chinese junkboat sailing across Victoria harbour, Hong Kong. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
MicroStrategy CEO Michael Saylor said that his company...
Crypto Market Sentiment Unchanged, Litecoin Takes The Week's Throne
7.12.2020
A new month has begun, the last in 2020, and its first week saw no change in the Cryptoverse's market sentiment. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization has just barely moved from 5.98 recorded last week to 5.94 this...
Bitcoin and Altcoins Show Initial Signs of Fresh Increase
7.12.2020
In the past few sessions, bitcoin price traded in a range below the USD 19,500 resistance. BTC also remained stable above USD 18,500 and USD 19,000. The price is currently (13:00 UTC) showing a few positive signs and it seems like there could be another push towards USD 19,500 and...
33% of Surveyed ICO Investors Feel Deceived, But 56% Would Invest Again
4.12.2020
Nearly 33% of surveyed investors feel that the initial coin offering (ICO) project they invested in deceived them, found South Korean business giant Hanhwa Group-backed crypto disclosure platform Xangle. However, 56% of all respondents said they'd make another investment if they had more...
OMG Rallies as OMG Network Sold To a New Owner
4.12.2020
The OMG Network – operator of the Ethereum (ETH)-based OMG token (formerly OmiseGo) – has a new owner, news that has sent the token’s price up by almost 8% in the past 24 hours.
At pixel time (09:21 UTC), OMG, ranked 43rd by market capitalization on Coinpaprika, trades at USD 4.05 and is up...
Sorry, Bitcoin, Altcoins Start Grabbing the Spotlight in Mainstream Media
4.12.2020
Source: Adobe/Dušan Zidar
Bitcoin (BTC) prices have been grabbing all the headlines in the mainstream media of late, with the token pushing toward the key USD 20,000 mark – but with altcoins also surging, some major conventional media outlets are now helping millions of their readers to find...
Banks Should Pay Interest on CBDCs to Reduce Tax Avoidance – Report
4.12.2020
Too much stick and not enough carrot might be the wrong approach for those wishing to impose taxes on digital currencies: This was the surprising conclusion of a new report commissioned by the South Korean central bank, the Bank of Korea (BOK).
Per EDaily, the report was co-authored by Jaevin Park...
Bitcoin and Altcoins Bulls Show Positive Signs
3.12.2020
There was an upside break in bitcoin price above the USD 19,000 and USD 19,200 levels. BTC even climbed above USD 19,400, but it struggled to surpass the USD 19,500 resistance. The price is currently (13:00 UTC) trading above USD 19,200 and the bulls push for a retest of USD 19,500 in the near...
BIS Indicates CBDC Issuance May Hinge on Private Sector Collaboration
3.12.2020
The Bank for International Settlements (BIS) said that central bank digital currencies (CBDCs) issuance will only prove a success if the private and public sectors work together – as it pushes closer to real-world digital currency testing.
In a new report shared with Cryptonews.com, the...
Stablecoins Get Another Headache In US, Ethereum Camp Feels Attacked Too
3.12.2020
The stablecoin regulation act proposed in the US Congress has once again stressed an important difference between centralized and decentralized projects in terms of regulation.
There is much discussion currently in the Cryptoverse over the recent announcement of an act that seeks to regulate...
US Regulations Key To Ripple’s Relocation Decision As Customers Worried About XRP
3.12.2020
Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple
As the California-based major blockchain company continues to mull an initial public offering (IPO), Ripple CEO Brad Garlinghouse said the US regulatory framework is out of step with a number of markets such as the UK, Singapore...