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Insight into China’s CBDC after Digital Yuan Wallet Briefly Went Live
7.9.2020
Experts have been looking into a soft-launched digital yuan wallet that went live briefly late last month – and said they have uncovered important technical details, and possible usage scenarios.
The state-owned China Construction Bank (CCB), one of the biggest commercial banks in the world...
Crypto Market Sentiment Unchanged; Tether and Tron Win the Week
7.9.2020
The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization recovered very little over the course of the past week. It went up from 5.48 seen last week to 5.55 recorded today, according to crypto market sentiment analysis service...
Chainlink, Binance Coin Weekend Rally Stalls On Monday
7.9.2020
On Monday, chainlink (LINK) and binance coin (BNB) corrected some of their gains gathered in a post-crash rally this past weekend.
While BNB jumped by around 20% in a matter of three hours yesterday, LINK increased by 35% during the weekend. At pixel time, (11:28 UTC), LINK corrected some of...
Bitcoin and Altcoins Remain At Risk Of Further Correction
7.9.2020
This past week, we saw a strong decline in bitcoin price below USD 11,000 and USD 10,500. BTC even dived below USD 10,000 briefly. It is currently (08:30 UTC) consolidating losses and facing many major hurdles on the upside near USD 10,350, USD 10,450, and USD 10,500.
Similarly, most major altcoins...
Private Software Firm Says It Is Working on China’s CBDC Project
5.9.2020
Another Chinese private sector company has admitted it is working with the nation’s central bank on its rapidly expanding digital currency pilot project – the second private firm to make such a claim this week.
Per NetEase, a mobile pay software provider named Weifutong Technology has revealed...
Binance Coin is Undervalued, KuCoin Shares Overvalued - TokenInsight
4.9.2020
Certain exchange platform tokens like binance coin (BNB) are undervalued, while others, like kucoin shares (KCS) are overvalued, according to the latest report by token data and rating agency TokenInsight. Some, however, have 'left' their grade at the time of the writing.
The report noted that...
Brazil Dips a Cautious Toe in the CBDC Pool, Token May Debut in 2022
4.9.2020
Brazil has become the latest nation to unveil plans for a central bank digital currency (CBDC), and may unveil the digital real in two years’ time – but the token’s would-be architects added an all-too-familiar, non-committal caveat.
Per an official release from the Banco Central do Brazil (BCB)...
Tron Wins the Daily Market as JustSwap Shows Arguable Volume Change
2.9.2020
Justin Sun. Source: a video screenshot, Youtube, Praxis Media Group
Tron network's native coin TRX is continuing its rally, reaching the coveted spot of the top daily performer among the top 40, as well as the top weekly performer among the first 20 coins by market capitalization. This comes...
As 'Apathy Towards Privacy' Prevails, This Firm Says It Can Track Monero
1.9.2020
While claims that US crypto intelligence firm CipherTrace can track transactions in monero (XMR), the most popular privacy coin, was met with skepticism, other analysts warned about "user apathy towards privacy."
Yesterday, CipherTrace announced what it calls as the world’s first...
Bermuda and Stablehouse Join Forces To Launch New Stablecoin
1.9.2020
The government of Bermuda has teamed up with stablecoin platform Stablehouse to launch a test pilot program for a stablecoin, which the territory calls a digital stimulus token, allowing purchases of food and other essential products, as well as services from participating merchants and retailers....
ADA Rallies After Founder Says He Is 'Very Obsessed with DeFi'
1.9.2020
Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson
Despite smart contract rival Ethereum (ETH) already dominating the space, Cardano (ADA) founder Charles Hoskinson hinted strongly that decentralized finance (DeFi) is an area of intense focus for Cardano, saying in a live...
Coin Race: Top Winners/Losers of August; Chainlink Up Most, BSV Least
1.9.2020
Was August a good month? Depends on which coin you ask. For many in the wider market, it was an excellent month, yet for many in the top 10 coins by market capitalization, the month ended in red.
August was a month filled with decentralized finance (DeFi) developments, particularly in the yield...
Tron Soars as Genesis Mining of New SUN Tokens is Confirmed
1.9.2020
As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market.
As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at...
Crypto Listing and Delisting Announcements: Week 35
31.8.2020
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...
South Korean Central Bank Turns to Private Sector for CBDC Help
31.8.2020
South Korea is a step closer to welcoming a central bank digital currency (CBDC), with design and implementation reviews complete – and private companies now set to get involved.
Per reports from Seoul Kyungjae and Chosun, the nation’s central bank, the Bank of Korea (BOK), now says it wants...
Crypto Market Sentiment Falls Deeper into Neutral Zone
31.8.2020
Over the course of the past week, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization did not recover to its previous positive zone status, but dropped deeper into the neutral zone instead - from 5.96 seen last week to today's...
Yearn.finance Continues Rally As Traders Pay Almost 3 Bitcoin Per YFI
31.8.2020
After a month of extraordinary returns of more than 740%, DeFi darling yearn.finance (YFI) keeps climbing today, while traders remain divided on whether the top has been reached for the price or if it still has room to grow.
As of press time on Monday (10:28 UTC), YFI was up by 3.5% over the past...
Ethereum Classic Up by 3% Today After Third 51% Attack In a Month
31.8.2020
The crypto market sent the price of ethereum classic (ETC) higher in the early hours of Monday (UTC time), despite the news that one of the top 35 crypto networks by market capitalization suffered its third 51% attack in a month.
At pixel time (04:46 UTC), ETC trades at USD 6.68 and is up by 3%...
TronWallet's 4th Generation Klever App Launches w/ Multiple Announcements
28.8.2020
Source: Adobe/M-SUR
Klever App, the “bigger house” for TronWallet and a major component in the Klever ecosystem, has officially launched, thus expanding the platform of the former TronWallet, and announcing new partnerships, expansions, pre-paid credit cards, and digital bank accounts, among other...
Top Weekly Performer ATOM Takes a Breather After Massive Rally
28.8.2020
Cosmos (ATOM), the blockchain network focused on interoperability and one of the top 10 ICOs of 2017, is finally taking a breather in the market today after what has been a near-exponential rally over the past month.
As of 10:47 UTC, the 15th coin by market capitalization, ATOM, was up about 0.6%...