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Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Bitcoin Price Spikes Over 9% as the Crypto Asset’s Value Nears $15K
5.11.2020
The crypto economy has jumped over the $400 billion mark and is now hovering around $414 billion at the time of publication. The largest crypto asset in terms of market cap, bitcoin has over 9% during the last 24 hours steadily marching toward the $15k zone. During the last 30 days, Bitcoin (BTC)...
Should I Stake or Should I Trade? Ethereurm Phase 0 Face Tough Dilemma
5.11.2020
Following the Ethereum 2.0 (ETH 2.0) deposit contract launch announcement yesterday, 3.62% of the needed ETH has been already staked in the contract, while some are questioning how smart is it to lock away ETH 32 (USD 12,808) for years.
Fuelled by the news, ETH rallied from USD 383 to over USD...
WTO blockchain report says customs remains ‘weak link’ of trade digitalization
5.11.2020
Analysts have been categorizing blockchain projects worldwide into a “periodic table” that allows for a granular analysis of the technology’s inroads into global trade
Russian Alfa-Bank joins HSBC-backed blockchain trade finance network
3.11.2020
A major global blockchain trade network welcomes one of Russia's largest banks
Loopex Token (XLP) – A Global Platform to Trade Smarter
30.10.2020
Loopex is a universal platform, offering various cryptocurrency assistances to its users. They organize cryptocurrency financial centers with the help of upgraded blockchain technologies. Their vocation is to prompt the exchange of cryptocurrencies to the next level. The Loopex team tries their...
Why should traders and investors trade cryptocurrencies with a CFD broker like Moneta Markets?
29.10.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Cryptocurrencies have risen in popularity at an exponential rate over the past few years, and while it’s somewhat romanticized by many because of their disconnection between banks and institutions, traders...
Seven firms in Japan deploy blockchain to digitize trade paperwork
26.10.2020
A new trade management platform in Japan prevents data tampering using blockchain technology
Unbelievable Bonus From Beaxy.com
25.10.2020
PRESS RELEASE. Beaxy Exchange is running a one-of-a-kind match bonus program that will double your deposit up to $500. For example, when you enroll in the program and deposit $1,000 worth of fiat or crypto, you will receive an additional 500 USDC to use for trading. How to Trade with More on Beaxy...
‘I Don’t See What’s Going to Stop Bitcoin From Appreciating,’ Says Commodity Analyst
24.10.2020
A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks. The strategist also shares his view on how the November presidential election could affect...
Chinese Banks Stepping up Blockchain Cross-border Trade Financing
17.10.2020
Chinese banks are looking to up their cross-border trade game – with a series of new blockchain-powered innovations that could seek to reduce the nation’s dollar dependence.
Per Sina, the Beijing-based China CITIC Bank, the country’s seventh-biggest lender, has become the first domestic bank...
Top Chinese chemical firm uses blockchain to cut trade financing costs
16.10.2020
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade
Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
14.10.2020
The move comes as Ant, a global leader in digital payments, is readying to go public in what could be an offering worth up to a record $35 billion
Indian Trade Finance Startup Raises $3.7M in Token Sale Led by Arrington XRP
13.10.2020
Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others
DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
6.10.2020
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
3.10.2020
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means...
Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq
2.10.2020
Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose...
Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions
1.10.2020
Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in the country’s parliament on Sept. 29, Maduro revealed that the move will “give...
Maduro to Allow Use of ‘All Global Cryptos’ in International Trade Deals
1.10.2020
Nicolás Maduro. Venezuelan President Nicolás Maduro has spoken about a new bill that proposes to legalize the use of crypto in international trade deals – as a means of circumnavigating crippling economic sanctions placed upon the country by the USA and its international allies.
The Venezuelan...