Crypto Bulls Fighting Back? Market Sees Green After Sell-Off
The cryptocurrency market flashed green Wednesday following a major downturn.
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Crypto Token HBAR Is Tanking and Hedera Hashgraph Is Looking for a Fix
news In a little over two weeks, Hedera Hashgraph’s HBAR cryptocurrency has dipped from a high of $0.36 cents to around $0.03 as of press time. The blockchain-like network’s CEO now says he will re-evaluate the token’s economic model and potentially change HBAR’s distribution schedule to give the company time to reassess. “We are thrilled…
Brazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency Issuance
Aug 24, 2020 at 16:11 UTCUpdated Aug 24, 2020 at 16:20 UTCBrazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency IssuanceBrazil, home to South America’s largest economy and a bullish-on-fintech financial bureaucracy, is studying the benefits and challenges of issuing a central digital currency (CBDC). Banco Central do Brasil (BCB) established…
Next Bitcoin Core Release to Finally Let Hardware Wallets Connect to Full Nodes
news It’s a moment true bitcoin nerds have been waiting for. In the coming release of Bitcoin Core, the 18th version of the cryptocurrency’s most widely used software, the code will finally, natively allow users to connect bitcoin full nodes to hardware wallets. It sounds technical, but it’s a big step for the security of…
Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M
Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday.GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the office of the Prime Minister of Israel.Celsius and GK8 will now provide an enterprise-grade custody platform for banks and financial institutions offering digital asset services…
Ethereum ETFs Scored $49M Inflows as ETH Plunged
Despite a sharp 20% drop in price, U.S.-listed spot ether exchange-traded funds (ETFs) saw net inflows of nearly $49 million on Monday, indicating strong demand. Meanwhile, some pointed to the resilience of the Ethereum network in the face of the price drop, indicative of strong fundamentals. U.S.-listed spot ether (ETH) exchange-traded funds (ETFs) recorded net
Canadian Border Services Begins Testing IBM Blockchain for Shipping
The Canadian Border Services Agency (CBSA) is partnering with Canada's second-largest port to test out a blockchain solution for streamlining freight shipping. The CBSA, along with the Port of Montreal, will be trialing TradeLens, a project built by IBM and Danish shipping giant A.P. Moller-Maersk Group, the Canadian Press reported Thursday. The project hopes to reduce…
$400 Drop: Bitcoin Faces Correction After Rejection at Price Hurdle
Feb 13, 2020 at 10:09 UTCUpdated Feb 13, 2020 at 10:15 UTCView Bitcoin's daily and 4-hour chart indicators are reporting buyer exhaustion. That, coupled with a bull failure at $10,500, has opened the doors for a correction to a rising trendline at $9,900. A violation there would expose next support at $9,707. A bounce from…
Bitcoin Dominance Rate Hits 50% For First Time in 2018
Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.