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93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard
26.7.2020
The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
24.7.2020
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...
Boston Fed Wants to Hire a Digital Currency Engineer
23.7.2020
The one-year position will work on the Applied Fintech Research team's digital currency experiments
Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value
23.7.2020
The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...
China’s Supreme Court Recommends Increasing Crypto Property Rights Protection
22.7.2020
The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe private property rights, illegal seizures, and freezing...
Visa Blog Post Hints at Future Digital Currency Projects
22.7.2020
Visa appeared on Wednesday to redouble its efforts to “shape and support” cryptocurrency’s place in the “future of money.”
US Lags Behind Other Nations Regarding CBDCs, Says Former CFTC Commissioner
22.7.2020
According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC
China’s Supreme Court Calls for Better Protection of Digital Currency Rights
22.7.2020
A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
21.7.2020
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says
New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin
21.7.2020
On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion...
Bank of Jamaica Invites Tech Companies to Test Digital Currency Solutions
21.7.2020
Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC
Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
21.7.2020
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative...
Japanese Financial Giant MUFG to Launch Digital Currency in 2020
20.7.2020
The world's fifth largest bank is set to go ahead with a digital currency launch in collaboration with Indeed.com parent firm Recruit Group
Japanese Central Bank Creates Digital Currency Unit – Led by Satoshi!
20.7.2020
Source: Adobe/Юрий Дьяконов
The central Bank of Japan (BoJ) has created a "Digital Currency Unit” as the nation heads toward a tentative central bank digital currency (CBDC) launch – and it’s being headed by a man named Satoshi.
Per Reuters Japan, the BoJ has officially opened a specialized...
Bank of Japan Forms New Team to Explore Central Bank Digital Currency
20.7.2020
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
19.7.2020
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash...