El Salvador to extend crypto agreements beyond Argentina
El Salvador partners with Argentina to strengthen the digital assets industry, and has talks underway with over 25 nations for similar partnerships.
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Crypto Markets See Visible Drop Off as Major Coins Are in The Red
Wednesday, Nov. 8: most cryptocurrencies have seen a drop-off today, with the most visible losses seen by Bitcoin Cash (BCH) and Ripple (XRP), as data from Coin360 shows. As of press time, the markers are seeing mixed signals, mostly staying in the red.Market visualization from Coin360While in the beginning of the week Bitcoin (BTC) was…
Mexico’s Blockchain Sector Grows 90% in 2 Years Despite COVID-19
Mexico’s blockchain sector is producing robust growth, with the sector having nearly doubled in size since 2018. 517 Total views 23 Total shares Mexico’s blockchain and financial technology, or fintech, industries have nearly doubled in size over just two years, according to data provided to Cointelegraph by blockchain-focused law firm, Legal Paradox.The firm estimates that…
Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
Tether Explains Why It Hasn’t Burned Any USDT
Tether CTO cites the popularity of its ERC20 tokens as the reason why the company never burns them, but stores them in their ‘inventory’. 1831 Total views 44 Total shares Tether (USDT) cites the popularity of its Ethereum (ETH)-based asset as the reason why the company has never burned a single token.The recent report from…
TrustToken Launches Stablecoin Backed by Canadian Dollar
TrustToken has released its latest stablecoin, TrueCAD, on May 1, 2019. The latest in TrustToken’s line of fiat-backed stablecoins, its value is linked to the Canadian dollar.TrustToken has also created a number of other stablecoins, such as TrueUSD (U.S. dollars), TrueGBP (British pounds) and TrueAUD (Australian dollars); each of these backed at a purported 1:1…
Partior Series B funding reaches $80M on Deutsche Bank investment
Deutsche Bank joins fellow investors Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.
Monochrome revises filing for spot Bitcoin ETF at Aussie stock exchange
The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment. 250 Total views 2 Total shares Australian-based crypto investment firm Monochrome Asset Management has updated its application to offer a spot Bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) through its…
XRP price skyrockets by 17% as double bottom chart pattern takes shape
XRP’s price swung higher on Wednesday as its parent company, Ripple, entered an agreement with SBI Remit to back a remittance corridor from Japan to the Philippines.Positive news boosts XRP’s priceThe Ripple blockchain’s native cryptocurrency, also ranked as the sixth-largest digital asset by market capitalization, reached its one-month high of $0.759 after rallying 17.73% intraday.…