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Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
BTC and ETH Crypto Derivatives in Demand, Market Expected to Grow Further
8.8.2020
Options interest and volumes reach their all-time highs, with derivatives markets exploding as market sentiments remain bullish on BTC and ETH
Chinese Schools Can’t Keep Up With Demand for Blockchain
7.8.2020
The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists
More Blockchain Graduates Needed to Meet China’s Burgeoning Demand
5.8.2020
China’s first batch of blockchain graduates will begin their courses later this year, but will not complete their studies until 2024 – with a leading expert warning that the academic sector is “seriously lagging” behind industrial demand.
Per Mars Finance, the head of the Digital Economy...
Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + More News
5.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Payments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the second quarter...
3 Bullish Signs That Overall Demand for Bitcoin Is Skyrocketing
5.8.2020
Unique entities hit their highest weekly average since early 2018 as bullish network momentum snowballs
Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2
5.8.2020
Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said...
XRP Jumps As Ripple Sees Stronger Demand From Institutions
4.8.2020
Source: Adobe/Тихон Купревич
After a decline in its sales of XRP tokens in the first quarter of the year, the California-based fintech firm Ripple sold more in the second quarter thanks to demand from institutional buyers.
Ripple’s total XRP sales ended at USD 32.55m for the second quarter, versus...
US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2
2.8.2020
The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented...
US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
30.7.2020
Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks
‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...
Bitcoin Held by Exchanges Drops to 2019 Bull-Run Levels, Demand Rising
30.7.2020
Bitcoin balances on major exchanges drop to levels not seen since last summer’s bull run as demand and BTC price are on the rise
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....
Blockchain the Answer for Power Provider as China Energy Demand Soars
29.7.2020
With summer temperatures climbing and production rising in the wake of the coronavirus pandemic, power providers in Dongguan, an industrial city in the Chinese province of Guangdong, said they have experienced a massive surge in demand – and are responding with a blockchain-powered solution.
The...
Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
27.7.2020
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011
Visa to Remain ‘Agnostic’ On Crypto, Will Support What Clients’ Demand
23.7.2020
Payment card giant Visa said it has an “agnostic” view on cryptoassets, adding it will support all forms of “digital currencies and blockchain networks” that its clients demand.
The clarification of Visa’s stance on crypto came in a blog post from the company published yesterday, where it also said...
Key Metrics Show Institutional Demand for Bitcoin Is Surging Rapidly
21.7.2020
Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero
20.7.2020
Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...
Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
18.7.2020
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between...