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1.2 Million Italians Can Now Buy Bitcoin From Their Bank
21.3.2020
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. With over a million Italians choosing to bank with Hype, and 60,000 new customers...
China’s Changing Perception of Bitcoin: Bitkan CEO Shares Insights After 7 Years in Crypto Industry
20.3.2020
Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized — if not always understood — staples of modern finance. Bitkan CEO Liu Yang recently took some time out to give news.Bitcoin.com a peek into the Chinese...
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Canceled by Corona: A Developing List of Finance Practices Halted due to Pandemic
19.3.2020
A collection of government freezes and suspensions of usual crypto-relevant finance practices in response to Coronavirus
Chainalysis Says Bitcoin Price Stable for now, but Future Uncertain
19.3.2020
With the price of Bitcoin falling to $3,000s last week, Chainalysis looks at what happened and predicts future market trends
DeFi on Bitcoin: The Time Has Come for Decentralized Finance to Run on top of Bitcoin´s Network
18.3.2020
The main aim behind DeFi (decentralized finance) is to create a financial service ecosystem that’s open-source, permissionless, transparent and functioningContinue Reading
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Coronavirus Financial Crash Is Bitcoin’s Biggest Test, BitMEX Says
18.3.2020
Bitcoin now faces its biggest test in the form of global coronavirus financial market crash, BitMEX Research says
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
18.3.2020
China’s major commercial bank, China Everbright Bank, has deployed a blockchain-based supply chain finance solution by Ant Financial
Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO
18.3.2020
Celsius Network founder and CEO Alex Mashinsky noted the Celsius Network’s profitably and resilience amid shaky global markets
MakerDAO Governance Approves USDC Stablecoin as Collateral
18.3.2020
The MakerDAO governance has approved stablecoin USDC as the third collateral type accepted in the Maker Protocol
Binance Lending Adds Bitcoin Cash to Flexible Deposits Letting Users Earn Interest on BCH
18.3.2020
Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS. This development comes just as competition in the crypto lending field is heating up. Also Read: Binance...
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
18.3.2020
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This...
Akon’s Crypto Project Adds Financial Infrastructure Outfit Delchain As Partner
17.3.2020
Akoin, a crypto project of famous singer Akon, partners with Delchain to bolster expertise prior to token generation
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Fireblocks to ‘Bridge the Gap’ Between Institutional Traders and DeFi
17.3.2020
Digital asset security platform Fireblocks has partnered with Compound to be a branch for institutional players to put assets on the network
Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
17.3.2020
Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
Changing the Universal Gravitation in the Financial Industry
17.3.2020
The future of the financial system lies in the DLT-based solutions that provide more trust and transparency
Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
16.3.2020
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13
With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
14.3.2020
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...