CFTC reportedly mulling accepting digital assets as trading collateral
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market.
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Ukraine-based blockchain firm blasts ‘fake news’ for crypto donation rumors amid FTX collapse
Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous crypto exchange FTX to launch…
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Investors want crypto, but not without TradFi backing: Nomura survey
Professional investors are still keen on crypto but want to see backing from large traditional financial institutions before taking the plunge themselves, a survey from Nomura’s digital asset arm has revealed. Institutional investor interest in crypto has stalled in recent weeks due to increasing regulatory uncertainty in the United States and its regulatory crackdown on…
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Price analysis 1/8: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB
Bitcoin (BTC) again rose to a new all-time high on Friday as bulls continued to buy on every minor dip. As the price reached a new high, Bitcoin’s market capitalization soared above $775 billion, taking it past Facebook’s market cap, according to the website Companies Market Cap. This means, there are only six companies in…
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3 reasons why the Bitcoin price bottom is not in
Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months.Bitcoin hash ribbons flash bottom signalOn the daily chart, BTC's price climbed 2.58% to $21,372 per token but was still down by nearly 14.5% week-to-date, its worst weekly returns since mid August. Nonetheless, some…
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Bitcoin HODL Waves: 2020 bull market buyers now control 16% of supply
Bitcoin (BTC) has gained a new generatio of “hodler” in the past three years as stubborn investors refuse to sell.Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins.BTC price should go "way higher" for hodlers to sellBitcoin’s longer-term investor cohorts, also known
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Poloniex Adds DeFi Token Decentr
Crypto exchange Poloniex adds another DeFi token to its innovation zone. 1848 Total views 18 Total shares Crypto exchange Poloniex announced it has added the DeFi token Decentr to its DeFi Innovations Zone. Decentr, an immutable platform that collects and secures user data, allows people to monetize their internet activity. Its native toke, DEC, is used…
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Blockchain-Based Used Car Data Marketplace to Launch in Singapore
Singapore-based online car marketplace sgCarMart and decentralized data exchange protocol Ocean Protocol are launching a blockchain-powered “Know-Your-Vehicle” data marketplace. The development was announced in a press release on July 5.The so called Know-Your-Vehicle used car data marketplace will purportedly provide a secure way of sharing and accessing of information about used cars in Singapore, where…
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China’s IT Ministry Calls for ‘Acceleration’ of Blockchain Standardization
A document published Nov. 12 on the official website of the Cyberspace Administration of China (CAC) calls on the country to “accelerate” the development of standards for the blockchain industry.The text has been authored by the Ministry of Industry and Information Technology (MIIT)’s Zhou Ping, who is also secretary general of the China Blockchain Technology…