MoneyGram and Stellar join CEX.io for global crypto cash conversions
CEX.io’s collaboration with MoneyGram and Stellar offers users expanded cash-in and cash-out options through USDC conversion.
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Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?
As the price of Bitcoin (BTC) has been slowly consolidating over the past few months, altcoins have been taking the spotlight. Recently, massive moves were made by Chainlink (LINK), Zilliqa (ZIL) and Elrond (ERD) and that’s just naming a few of the more popular altcoins.The latter of the three is an IEO (Initial Exchange Offering),…
Hodler’s Digest, Dec. 17–23: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This WeekBlockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses. This new satellite brings potential internet-free BTC transactions and information sharing to crypto users throughout…
Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume
A recent survey by cryptocurrency data aggregator, CryptoCompare, shows that centralized exchange operators do not see the emergence of decentralized trading venues like Uniswap as a threat despite growing volume and activity in the DeFi space. In its September exchange review, CryptoCompare asked 26 of the leading venues in the space how likely it was for…
Bitmain Launches ‘World’s Largest’ Crypto Mining Facility in Texas
Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining, in Rockdale, Texas. In a press release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe…
Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019
Bitcoin (BTC) closed its third red monthly candle in a row this week as a popular analyst likened BTC price action to January 2019.In a tweet on July 1, PlanB said that BTC/USD is now the furthest away from his stock-to-flow model's estimates in over two years.Stock-to-flow "make or break"After May's huge capitulation event, Bitcoin…
Korea: Opposition Party Boasts Pro-Crypto Policy in Contrast to Gov’t
South Korea's main opposition party, the Liberty Korea Party (LKP), is poised to unveil its policy for cryptocurrencies and crypto exchanges.As Cointelegraph Korea reported on Sept. 19, the LKP’s stance appears to be more radical and pro-innovation than that of the current government, notably in its support for the authorization of tokenized securities. Authorizing security token…
Experts weigh in on new crypto regulations in South Africa
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn. 528 Total views 7 Total shares As part of a series of amendments to South Africa’s financial laws, crypto-asset service providers will become accountable institutions. A report from the South African treasury announced further crypto…
Blockchain dev Sphere introduces bank-to-wallet Telegram extension
Sphere Labs, a blockchain developer focused on bringing stablecoins as a service to businesses, has announced a new bank-to-wallet Telegram extension.