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Stablecoins-provide-cover-as-global-risks-and-uncertainty-quake

Stablecoins Provide Cover as Global Risks and Uncertainty Quake

As the global economy trembles, investors continue to find sanctuary in stablecoins. In the most recent 12-month period (ending April 29, 2020), the three top stablecoins — Tether (USDT), Circle (USDC) and Paxos (PAX) — increased their market capitalization by 161%, 191% and 146%, respectively.Kim Grauer, head of research at Chainalysis, told Cointelegraph that with…
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Jihan-wu-challenged-as-bitmain’s-ceo-ahead-of-bitcoin’s-halving

Jihan Wu Challenged As Bitmain’s CEO Ahead of Bitcoin’s Halving

Less than two weeks before the third-ever Bitcoin Halving, Micree Ketuan Zhan, the ousted co-founder and chairman of Bitmain, received a partial legal victory in the Beijing Haidian District Bureau of Justice. The Bureau reversed a decision from January 2nd, which allowed current CFO Luyao Liu to replace CEO Jihan Wu as the registered legal…
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Btse-exchange-taps-into-crypto-demand-by-increasing-request-for-quote-limits

BTSE Exchange Taps Into Crypto Demand by Increasing Request-for-Quote Limits

Apr 30, 2020 at 15:00 UTCUpdated Apr 30, 2020 at 15:29 UTCBTSE, a Dubai-based cryptocurrency exchange, has upped the limit for its over-the-counter request for quote (RFQ) due to April's increasing demand for bitcoin.The limit, which has been changed from $100,000 to $1 million, represents a ten-fold increase resulting from growing investor demand in digital…
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Banking-the-unbanked:-how-the-crypto-community-can-make-a-big-impact

Banking the Unbanked: How the Crypto Community Can Make a Big Impact

Apr 30, 2020 at 15:00 UTCUpdated Apr 30, 2020 at 15:07 UTCPhoto by Richard Ciraulo on UnsplashFor tech-savvy yet unbanked young adults in communities often overlooked by traditional big business, the crypto and blockchain industry offers opportunities that others don’t.“Hodl” has become quite the rallying cry in the crypto industry today. But to boost adoption,…
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Trader:-bitcoin’s-current-rally-isn’t-corrective,-it’s-impulsive

Trader: Bitcoin’s Current Rally Isn’t Corrective, It’s Impulsive

Is Bitcoin’s current rally just a bull trap, or is it actually headed for the moon? Trader Alessio Rastani and co-founder of Wintermute Trading, Yoann Turpin, explain why Bitcoin’s upward momentum may be impulsive in nature rather than corrective. Don’t miss the latest episode of Cointelegraph’s crypto market discussions for further analysis of the long term…
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Block.one-invests-$50,000-into-blockchain-based-covid-19-testing-app

Block.one Invests $50,000 Into Blockchain-Based COVID-19 Testing App

Block.one, the company behind EOSIO (EOS), issued a $50,000 grant to Genobank for its open-source app on April 29. The grant is designed to facilitate anonymous access to COVID-19 testing.Genobank announced at the start of April that its app, Agerona, was being developed alongside the Eos-based blockchain platform, Telos.Block.one issued the grant in partnership with…
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Link-touches-$4-but-shows-serious-weakness-against-the-rising-bitcoin.-chainlink-price-analysis

LINK Touches $4 But Shows Serious Weakness Against The Rising Bitcoin. Chainlink Price Analysis

Chainlink hit $4 following a 5% gain, but buying pressure is getting weak by the day. A break below the 7-week channel could bottom Link straight to $2.5 Link returned gains after losing the 50000 SAT support-turned-resistance levels. The price is moving in the opposite direction across trading pairs. LINK/USD: Price Continues To Hold In…
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Fidelity-backed-fireblocks-opens-asia-offices-to-pitch-crypto-‘hot-vault’

Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’

Apr 30, 2020 at 14:00 UTCUpdated Apr 30, 2020 at 14:27 UTCFireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore. (Credit:Shutterstock)Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’Fireblocks, a platform that secures digital assets in transit, is…
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Younow’s-regulated-crypto-project-props-will-migrate-to-algorand-blockchain

YouNow’s Regulated Crypto Project Props Will Migrate to Algorand Blockchain

Apr 30, 2020 at 13:36 UTCUpdated Apr 30, 2020 at 14:00 UTCYouNow event (Credit: Randy Miramontez / Shutterstock.com)YouNow’s Regulated Crypto Project Props Will Migrate to Algorand BlockchainThe cryptocurrency project launched by video live-streaming platform YouNow is ditching its private network and migrating onto public blockchain Algorand.The move comes as the Props project seeks higher throughput…
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