4 reasons why Bitcoin may see $60K before $70K
Bitcoin witnessed its largest weekly return of 10% since early July, but early signs indicate that the markets remain uncertain about where BTC price might go next.
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Chinese Banks Use Blockchain Platform to Process Millions in Foreign Trade
Over 20 banks in Chongqing China have used a trade finance platform powered by blockchain to process over $56 million in foreign trade transactions. It has completed a total $460 million in export trade financing after a year-long pilot program, according to Chongqing Daily’s March 11 report. The blockchain platform reportedly allows stakeholders to verify export…
Crypto exchange Binance restores euro services after new fiat partners
Euro payments, deposits, and withdrawals are back on for European Binance users months after the severance of services by PaySafe. Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September. In an Oct. 19 statement, Binance announced that it had
Lufthansa, Eurowings, other travel industry players push forward with Web3
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology. 140 Total views 1 Total shares After the recent launch of the Camino Network travel-focused blockchain, legacy travel companies are looking toward a Web3 future. Cointelegraph spoke with executives at Europe-based airlines Lufthansa and Eurowings —…
Crypto banks are going to swallow fiat banks in 3 years — or even less
Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that can host both crypto and fiat assets. In fact, the inroads that will allow for all of this to happen are already breaking…
Davey Day Trader Portnoy says crypto is boring right now
He then proceeded to beg crypto traders to switch to the stock market instead. "I’m begging my crypto friends to get involved in the stock market," Portnoy, also known as Davey Day Trader, said in a Sept. 2 tweet. "Bitcoin is stuck in the mud," he explained, adding:"Let me lead you. We will get back…
Bitcoin Stalls, Ethereum 2.0 Outage, IRS Crypto Crackdown: Hodler’s Digest, Aug. 18–24
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‘Nakamoto Terminal’ selected prize winner of CFTC’s first science competition
A project with Satoshi Nakomoto’s namesake has been selected as the winner of the CFTC’s Project Streetlamp. 1400 Total views 11 Total shares A blockchain data platform has been selected the winner of the Commodity Futures Trading Commission’s first science competition, offering yet another compelling sign that distributed ledger technology has burst onto the mainstream.…