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Tezos Price Jumps 36% in a Week, Flips Tron, Cardano


After surging almost 36% in the past week, Tezos (XTZ), the best performing digital asset among the top 20 coins this week, is now ranked 11th by market capitalization (USD 1 billion), surpassing Tron (TRX) and Cardano (ADA). At pixel time (13:02 UTC), XTZ trades at c. USD 1.64 and is up by 7.5%...

OKEx Announces Options Trading While CME Starts Testing Theirs


Major cryptocurrency exchange OKEx announced the upcoming launch of its Options Trading. This move comes ahead of CME’s Bitcoin (BTC) futures contracts, the testing of which started today. OKEx promised to launch options trading on December 27, offering both buy and write options. “Developed from...

MATIC Price Up 175% in a Month; Other Binance IEOs Also Rallied


MATIC, the token of blockchain scalability network, Matic Network, is up by more than 170% in the past month. However, a similar trend can be noticed in certain other Binance exchange’s IEOs (initial exchange offerings). Meanwhile, Matic has been quite busy with recent developments, events...

Bitcoin and Altcoins Possibly Aligning For Key Reversal


This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400...

China to Pilot Digital Yuan With Four Banks in Two Cities - Report


Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report. Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly...

New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments


The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight...

Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards


There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash...

Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money


Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...

Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto


Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book...

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