Monthly Archives: June 2019

Seychelles-based securities exchange MERJ will purportedly list the first regulated security token on a national stock market, according to a report by Bloomberg on June 25.As per the report, these security tokens are digital asset shares that will trade alongside stock for MERJ Exchange Ltd, the company behind the MERJ exchange. The report notes that…

Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that Bitcoin’s (BTC) price will stabilize between $10,000 and $14,000, in an interview with CNBC on June 27.Delivering his comments on CNBC’s Squawk Box show, Novogratz forecast that the leading digital currency will consolidate in the corridor between $10,000 and $14,000. Referring to Facebook’s entry…

United States-based snack food company Brimhall Foods has partnered with Surge Holdings to deliver its BRIM’S products through a blockchain-based ordering system, according to a report by Foodprocessing-technology.com on June 27.According to the report, BRIM will be able to use the SurgePays blockchain network to access tens of thousands of new stores.Surge Holdings CEO Brian…

Brazilian cryptocurrency exchanges are rolling out support for a stablecoin, according to a report by Cointelegraph Brasil on June 26.Brazilian platforms including PagCripto, Nox Trading, 3xBit, and Bitcambio, are reportedly slated to be the next adopters to issue this new stablecoin — pegged one-to-one with the Brazilian real —  Real-T (REALT).As explained in its whitepaper,…

Blockchain interoperability protocol Polkadot has distributed 500,000 DOT tokens at a price that is unknown, but purportedly in keeping with the firm’s $1.2 billion valuation, technology-focused news outlet The Block reported on June 27.Polkadot’s managing partner Web3 Foundation (W3F) reportedly told The Block that the protocol distributed 500,000 of its tokens, although the company did…

Winklevoss brothers-led Gemini crypto exchange is launching a new office in Chicago, the firm officially announced on June 27.Headquartered in New York, Gemini adds its new Chicago office to their existing office in Portland, Oregon, Gemini co-founder Tyler Winklevoss wrote in a Medium post on Thursday.According to the statement, Gemini’s Chicago office will act as…

Monday, June 17 — most of the top 20 cryptocurrencies are reporting significant losses on the day by press time, as Bitcoin (BTC) falls under the $10,800 mark again.Market visualization courtesy of Coin360Bitcoin is currently down about 19.67% on the day, trading around $10,695 at press time, according to Coin360. Looking at its weekly chart,…

European Union banks could have an instantaneous payments system in place by 2020, Reuters reports on June 26.Per the report, real-time payments have been possible in the eurozone since 2017, but only about half of the banks in the bloc adhered to the initiative. Still, Reuters notes that adoption may accelerate now that Facebook’s Libra…