Memecoin frenzy intensifies as US election nears

The Republic of Azerbaijan is planning to complete a project of blockchain-based digital identification system by the end of 2019. Farid Osmanov, director of the information technology department at the Central Bank of Azerbaijan (CBA), says that the new system will be adopted in the first quarter of 2020, local news agency Trend News reported…

Thai regulators announced Thursday, August 16, that they have so far approved seven business entities to conduct cryptocurrency operations as part of the formalization of the country’s domestic market. In a statement, Thailand’s Securities and Exchange Commission (Thai SEC) confirmed Bitcoin Co. Ltd. (BX), Bitkub Online Co. Ltd., Cash2coins Co. Ltd., Group Co. Ltd. (TDAX),…

Bitcoin (BTC) could see “substantial inflows” from China within the next few months, amid a weakening Chinese yuan and one of the country’s biggest capital flights in years. “The familiarity of Bitcoin by Chinese investors in times of a weakening domestic economy could see substantial inflows into Bitcoin over the next few months,” said Markus Thielen

Ryan Selkis, the CEO of crypto market analysis software firm, Messari, and long-time cryptocurrency commentator, has reportedly been shadow-banned on Twitter for his coverage of the coronavirus pandemic.Messari runs a tracking service that provides updates on the number of coronavirus cases globally, including state/provincial data for several countries.Ryan Selkis and Messari Appear to Stoke Twitter’s…

Over the past two months, Bitcoin (BTC) has respected an ascending triangle formation, bouncing multiple times from its support and resistance lines. While this might sound like a positive, the price is still down 11% year-to-date. As a comparison, the Bloomberg Commodity Index (BCOM) gained 29% in the same period.Bitcoin/USD 1-day chart at FTX. Source:…

The Reserve Bank of India listed six specific ways stablecoin can undermine emerging markets, adding to its mounting case against crypto. Stablecoin has a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial Stability Report, released June 28. The report listed six threats…

Major cryptocurrency exchange Coinbase Pro has added support for Chainlink, according to a blog post on June 26.Coinbase has listed two trading pairs for the token of smart contract platform Chainlink (LINK) on its professional trading platform.LINK will be available to trade with the U.S. dollar (LINK/USD) and with ether (ETH) (LINK/ETH). The post says…

A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF. 535 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTWhite House press secretary, Karine Jean-Pierre, declined to answer questions from a reporter on whether United States president…

Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services.CMBI and Huobi partner with NervosIn an Oct. 3 press release shared with Cointelegraph, CMBI, a wholly-owned subsidiary of China Merchants Bank, announced that it is partnering with Chinese blockchain startup Nervos to apply blockchain technology to its financial…