JD.com Rolls Out Blockchain Platform With Its First App
Chinese e-commerce giant JD.com has launched a blockchain platform along with its first application – one for tracking invoices.
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Bitcoin Mining Stocks Soar Amid Takeover Frenzy
Bitcoin mining stocks outperformed other cryptocurrency-linked stocks Thursday after multiple industry takeover offers drew market attention to the question of who could be the next target.Shares of miners such as Stronghold (SDIG), Core Scientific and TeraWulf (WULF) surged more than 15%. Gains in Iris Energy (IREN), Mawson (MIGI), Cathedra (CBIT) and Argo Blockchain exceeded 10%.01:41Robinhood

US Lawmaker Proposes Legislative Groundwork for National Blockchain Strategy
May 20, 2020 at 21:49 UTC“The ongoing coronavirus pandemic has made it clear that we need to maintain American leadership in technology,” said Rep. Brett Guthrie. (Credit: Office of Rep. Guthrie)US Lawmaker Proposes Legislative Groundwork for National Blockchain StrategyA U.S. lawmaker wants the federal government to begin considering a national blockchain strategy.On Tuesday, U.S. House…

Where the U.S. Government Went Wrong in Regulating Crypto
“If you are not upset … you are not paying attention …” I haven’t used this phrase since a U.S. president separated children from parents, but it is time to break it out again.As a former public servant, I believe there is a role for the government in overseeing the cryptocurrency industry. However, recent regulatory…

It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors
news It’s too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, analysts at Oppenheimer & Co. said. In an Oct. 1 research note, the equity research firm encourages investors to “not get upset” about the lackluster trading volume of Bakkt. For one thing, its parent company, Intercontinental Exchange, has plenty…

EigenLayer’s EIGEN Airdrop Might Signal Demise of Once-Popular ‘Points’
What is perhaps the most-hyped crypto airdrop ever is set to kick off on Friday, but not necessarily with the kind of enthusiasm that its builders may have hoped for.EigenLayer, a restaking platform on Ethereum, accrued $16 billion worth of crypto deposits within its first year of opening up to users – even prior to

New Ripple-Led Advocacy Group to Pay DC Lobbyists in XRP
Ripple is leading a number of organizations launching a lobbying group in Washington D.C., Business Standard reported Friday. Dubbed Securing America's Internet of Value Coalition (SAIV), the group includes, apart from Ripple, the RippleWorks Foundation; Coil, a company developing a solution for digital payments; Hard Yaka, an investment firm focusing on digital assets; and PolySign, a…

Ether’s Fundamental Supply Outlook Better Than Bitcoin’s, Analyst Says as ETH Tops $2.9K
Ether has outshone bitcoin in the past seven days.Ether's fundamentals look more constructive than bitcoin's, owing to the deflationary trend in ETH's supply.Ether (ETH), the second-largest cryptocurrency by market value, has outpaced bitcoin's (BTC) rally over the past week, a trend that could continue because the fundamentals for Ethereum's native token appear more favorable than

Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth
The battered crypto market awaits the Bitcoin (BTC) blockchain's fourth mining reward halving, due in April 2024, in hopes it would kickstart a major run higher, living up to its past reputation as a major bullish catalyst.Traders, however, should note that previous halvings did not necessarily catalyze bull runs single-handedly. Macro likely also played a