Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL
The BBRL stablecoin will only be initially available to institutional clients but the bank has big ambitions for expansion.
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China: Shenzhen Special Economic Zone to Include Digital Currency Research
On Aug. 18, the Central Committee of the Communist Party of China outlined the plans for the future development of the Shenzhen Special Economic Zone, including the research and promotion of digital funds and the national cryptocurrency based on the renminbi.According to Chinese news agency STCN:“Mutual recognition of fund products. Promote interoperability with Hong Kong…
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Altcoins fought an uphill battle for the first eight months of 2024, but several signs are suggesting that an explosive recovery is imminent.
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Janet Jackson’s Billionaire Ex Sues Facebook Over Bogus Crypto Ads
Janet Jackson’s ex-husband, the Qatari billionaire Wissam Al Mana, is suing Facebook after a crypto scam used his image to promote itself in the Middle East without his permission.Al Mana is claiming defamation, malicious falsehood and false advertising by the unnamed cryptocurrency firm, The Times reported on Feb. 23.His defamation action has been filed in…
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3 technical analysis strategies that help confirm winning trades
Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit.Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s first…
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Coronavirus Leave Seats Empty At London Blockchain Week
In 2007, Lebanese-American essayist, statistician and risk analyst Nassim Nicholas Taleb introduced the world to the notion of a “black swan.” A black swan is Taleb’s metaphor for large, unexpected events that wreak havoc across finance, science and technology. Thirteen years on, the world is reeling from its latest black swan in the form of…
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Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture
The company appears to have abruptly terminated the ATRI token partnership, but indicated that it still sees a bright future for blockchain related ventures within the company. 365 Total views 16 Total shares In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with…
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NY Attorney General warns investors and crypto firms of ‘extreme risks’
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Ethereum’s London hard fork sets ETH on a more deflationary path
The London hard fork of Ethereum, which went live on Aug. 5, ushered in a new era for the transition to Ethereum 2.0, a complete proof-of-stake (PoS) blockchain. In fact, the London upgrade is the penultimate step on the way to the final transition to PoS scheduled sometime in 2022. The upgrade got triggered almost…