Bitcoin hits new all-time high above $109K ahead of Trump’s inauguration

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23.The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows…

Bitcoin price action will stay stuck in the lower half of its macro range unless two key moving averages can flip to support. 2170 Total views 42 Total shares Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, a new…

Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news was reported by Bloomberg on April 15.As previously reported, Monex acquired Coincheck in April 2018 in the wake of…

United States-based advocacy group, the Chamber of Digital Commerce, claims the SEC employs the enforcement-based method to classify digital assets as securities and impose penalties on cryptocurrency businesses. 326 Total views 1 Total shares The United States-based Chamber of Digital Commerce has aligned with various digital assets firms, associations, legal experts and legislators in a

Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace.Despite growing adoption, cryptocurrencies still face a number of challenges in Cuba, including limited access to crypto exchanges, lack of a pertinent regulatory apparatus…

The team said that financial services firms were expected to hire more than three times as many staff with experience in digital assets than in 2015. 562 Total views 21 Total shares Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies.According to…

Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain.Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s director of technology Alex Blagirev discuss his predictions for how virtual social media will change…

Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space. Roubini, a professor at NYU’s Stern School of Business, also took aim specifically at the compliance policies of crypto exchange BitMEX in an essay entitled “The Great Crypto Heist.” The essay was published…

Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well. 56 Total views 2 Total shares Own this piece of history Collect this article as an NFTUnited States Senators Elizabeth Warren and Ron Wyden have…