Franklin Templeton considers new altcoin-focused crypto fund
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins.
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A retest is expected, but most analysts expect Bitcoin price to extend much higher
Analysts expect Bitcoin price to retest the $45,000 zone as support, after which traders anticipate a stronger move toward a resistance cluster at $54,000. 232 Total views 8 Total shares The mood across the cryptocurrency market has seen a notable improvement in the last week as prices are on the rise with Bitcoin (BTC) now…
Cointelegraph Research launches venture capital database
Despite the generally negative price action across the crypto industry, continued venture capital investments in the space indicate that the industry is healthy and continues to evolve. Cointelegraph Research’s new venture capital database tracks the activity of VC firms and gives users access to the most important bellwether of innovation and early-stage activity.Macroeconomic factors have…
Bitstamp Crypto Exchange Sets Up Lightning Network Node
European crypto exchange Bitstamp has set up its own Lightning Network (LN) node to boost the network’s capabilities, the company tweeted on July 8.As a second layer over the blockchain of the biggest cryptocurrency, bitcoin (BTC), the LN is designed to enable fast and zero-fee transactions by creating payment channels between users. Specifically, the network…
Here Are Four Ethereum Scaling Pitches Submitted to Reddit’s Competition
A number of projects introduced potential scaling solutions prior to Reddit’s July 31 deadline. Most contest participants are existing developers of Layer 2 solutions for Ethereum. The majority of entrants seem to have tweaked their existing technologies to accommodate Reddit’s demands.The terms of the challenge stipulate that proposed technologies should be able to handle “100,000…
BaFin Orders Gold-Backed Token Issuer to Cease-and-Desist Order
The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany. BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement.Karatbit describes itself as a provider of a blockchain-based payment system that enables…
Digital land in Decentraland sells for $913K… to a virtual property developer
A virtual plot of real estate situated within the Ethereum-based open-world game, Decentraland, has sold for more than $913,000 — valuing the intangible property on par with the average price of a real world house in Brooklyn, New York.Virtual real estate is sold in the form of nonfungible tokens (NFTs) dubbed LAND in Decentraland, with…
Binance Launches 2 Futures Platforms for Public Testing
Binance has launched two Binance Futures Testnet Platforms, inviting users to participate in a 10,000 Binance Coin (BNB) futures trading competition.Two promotions during testingThe major crypto exchange has launched two futures trading platforms named Futures A and Futures B in testing mode, allowing Binance customers to participate in a simulated trading competition, Binance announced on…
Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work
Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21.According to the paper, when in the future Bitcoin’s block rewards fall to zero — given that only a limited number of new Bitcoin will ever be created —…