Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025

A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q2 2020. Named Contour, the launch follows a successful trial of the platform involving over $30 million in letter-of-credit transactions last year, South China Morning Post reported on March 5.Letter-of-credit transactions are a…

France’s Minister of State for the Digital Sector, Cédric O, has said he is open to cooperating with cryptocurrency platforms to enable crypto donations for the reconstruction of the Notre Dame cathedral. The news was reported by Bloomberg on April 17.The medieval cathedral suffered a blaze on April 15 that nearly destroyed the world-renowned landmark.…

Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by tweet by the company sent on Feb. 22.Just like the Olympic torch, the Lightning Torch is being passed between members of the Lightning Network community. The trend first reportedly started when Twitter user and Bitcoin (BTC) enthusiast Hodlonaut sent 10,000…

Crypto community responds: ‘Nah, we’re good.’ After exiting the crypto space at a loss last week following his high profile entry, Barstool Sports founder Dave Portnoy is hinting he’s not completely finished with Bitcoin yet.In an Aug. 25 tweet to his 1.7 million followers, the day trading king said he would “save” Bitcoin and cryptocurrency…

The exchange custody network includes Binance.US, CoinList, Blockchain.com, Strix Leviathan and Wintermute. 108 Total views 9 Total shares Crypto custody firm Anchorage Digital has recently formed an exchange custody network with five digital asset trading platforms to segregate institutional client funds from exchanges into regulated asset vaults. In an announcement, the custodian mentioned that it has…

The successful completion of the last shadow fork signaled the readiness of the Ethereum network for migrating to a proof-of-stake consensus mechanism. 537 Total views 53 Total shares Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge. Shadow forks help developers stress…

The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same. 1448 Total views 40 Total shares The Bitcoin Cash and Bitcoin SV hash rates have recovered following a dramatic fall after their halvings in April, as the…

Average bitcoin (BTC) transaction fees increased by nearly 200% in April compared to March, a report released by crypto research firm Diar on May 6.The report also notes that bitcoin miners earned $13.7 million from fees alone — over 71% up from $3.9 million — the amount they made from fees during the previous month.…

DeFi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet. 285 Total views 8 Total shares