Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
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Deutsche Boerse, Commerzbank Complete Blockchain PoC for Legally Binding Repo Transaction
German financial services company Commerzbank and securities marketplace Deutsche Boerse have completed a proof-of-concept (PoC) for a legally binding repo transaction using distributed ledger technology (DLT). The news was reported by Cointelegraph auf Deutsch on March 6.A repo transaction is commonly used for short-term borrowing, and allows dealers to sell securities to investors — often…
Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level
Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion.Gas limit on course to become 10 million per blockAs various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve network performance and reduce transaction fees. “Given the current #Ethereum network congestion we have…
Crypto News From Japan: Nov. 11–17 in Review
In this week’s selected cryptocurrency and blockchain-related news from Japan, a new association promoting crypto assets in antiquing was born, a well-known cryptocurrency trader was arrested and the Kyoto University started participating in the XRP ledger.Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan.Crypto Antiquing Association…
South Korean police seize Bithumb shares in third raid this month
The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman's shares. South Korea’s largest cryptocurrency exchange Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, according to a report in a local media outlet. During the Sep. 16 raid, police reportedly…
Bitcoin follows fresh US stocks dive as analysis ‘expects’ BTC price to take $37.5K liquidity
Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21's losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo let-up for stocks or crypto as losses mountData from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on April 22, hitting lows of $39,197…
Ethereum price rallies above $3.1K after unexpected regulatory victory
ETH price hit $3,100, backed by a favorable court ruling and increased network activity.
WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
Stablecoin market escaping US regulatory oversight: Chainalysis
Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis. 162 Total views 1 Total shares The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain research firm Chainalysis.Stablecoin activity has been increasingly occurring through entities that