Ethereum traders see limited ‘upside’ in ETH price beyond $2.6K
ETH options analysts say the “relatively small number” of Ether calls bought suggests that the altcoin’s price gains may be limited in the near term.
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14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce
El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender. 636 Total views 58 Total shares Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a recent…

European families see crypto as a tool to increase savings: Survey
The study noted that three out of five European respondents declared a 50% growth in their crypto investments. 159 Total views 13 Total shares While there are risks associated with crypto investing, some see it as a way to boost their family savings, a recent study commissioned by crypto trading platform BitMEX shows. The survey, conducted…

Binance CEO reflects as exchange turns 6 — ‘It was never all smooth sailing’
Binance CEO Changpeng Zhao wrote that decentralized finance will continue to accelerate, and more people will interact with DeFi products. 1528 Total views 5 Total shares Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company…

Not everyone in the crypto industry is thrilled about PayPal’s recent news
PayPal’s Bitcoin integration is “probably not because they want to spur healthy adoption,” explained SatoshiLabs. While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefits beyond the immediate price movement.According to an Oct. 21 blog…

UK Financial Watchdog Reminds Crypto Businesses to Register Ahead of Deadline
The U.K.’s Financial Conduct Authority is urging all crypto businesses operating in the country to submit their applications by June 30 to make it for the 2021 deadline. The United Kingdom's Financial Conduct Authority, or FCA, on Monday urged all national cryptocurrency businesses to submit their registration with the regulatory watchdog.According to the FCA’s statement,…

$12M Wheat Trade Between U.S. and Indonesia Settled on Blockchain
International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain. The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric. International cooperative bank Rabobank, ship owner Amarante, and shipping agent Transmarine, also partnered in the transaction.The trade settled on April…

Inside the blockchain developers’ mind: Building truly free-to-use DApps
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.In my previous article, I explained from first principles what was needed to build a truly free-to-use social decentralized application (DApp) and how Koinos is…

Bosch on Blockchain and IoT: ‘We Cannot Accept’ Fear as Reaction to Innovation
Engineering and electronics manufacturer Bosch hinted it would take an active role in defending the openness of the Internet of Things (IoT) against censorship as part of a press release from May 15.Bosch, which has various developments on the way in the sector, highlighted distributed ledger technology (DLT), including blockchain, as an essential part of…