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HSBC to Drop 35,000 Jobs and Invest in Digital Finance
19.2.2020
Banking giant HSBC plans to terminate about 35,000 of global jobs while doubling down on disruptive technology
On-chain Activity Suggests Bitcoin Price Volatility Will Continue, Thanks to ‘Whales’
19.2.2020
Bitcoin’s price volatility spiked in January and could further increase over the near term because “whales” have begun accumulating coins
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
CFTC Letter Provides Little Clarity in Telegram’s Battle With SEC
19.2.2020
The CFTC has stepped into the ongoing case between the SEC and Telegram to claim that digital currency is a commodity
Policymakers Shouldn’t Fear Digital Money: So Far It’s Maintaining the Dollar’s Status
19.2.2020
U.S. policymakers are worried that CBDCs and crypto will harm the dollar's reserve status. But maybe they have it backwards, writes CoinDesk columnist Nic Carter
BitGo Acquires Harbor to Extend Digital Asset Capabilities
19.2.2020
Leading crypto financial service, BitGo announced on Tuesday that it is acquiring digital securities platform Harbor and all of its broker-dealer and transfer agent subsidiaries. The announcement came via a tweet on Tuesday evening, where the company said that the acquisition will help extend...
DeCurret Partners with KDDI to Test Digital Currency
19.2.2020
The crypto exchange is planning to work on a joint project with the Japanese telecom giant to test digital currency in cafes
BitGo Gains Entry to Digital Securities World Through Acquisition of Harbor
19.2.2020
BitGo enters the world of digital securities through Harbor platform acquisition
Collectible William Shatner Figurines Have Now Been Authenticated on Ethereum
18.2.2020
William Shatner figurine live for trading on Ethereum with Mattereum
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires
17.2.2020
Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other...
China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says
17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week
84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
16.2.2020
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response
16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...
Mainstream Moments and the CompuServe of Crypto, Feat. Andreas M. Antonopoulos
16.2.2020
With the price of bitcoin headed up again, the idea of blockchains and digital currencies has never been more palatable to the mainstream. We've seen this cycle before, but could this time be different?
India’s Election Commission Developing Blockchain System for Voting
16.2.2020
The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. Furthermore,...
Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
16.2.2020
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also...
Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC
15.2.2020
On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving....
BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
15.2.2020
Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over 19% during the last 90 days. However, many other digital assets have seen much larger gains and BTC dominance has been sliding downwards consecutively for the last 14 days. Also Read: Craig Wright’s...
Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years
15.2.2020
Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it