Price analysis 1/06: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX

Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology (DLT) for supply chain tracking, cryptocurrency news outlet The Block reports on May 15.Per the report, Iota’s system will be implemented in partnership with global manufacturing company Avery Dennison to allow Alyx’s customers to have full insight into their supply chain. By scanning QR…

Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. 90 Total views 1 Total shares The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and…

On November 2, details of a crypto lawsuit featuring major industry players: Bitcoin Foundation founder Charlie Shrem on one side, and the Winklevoss twins on the other, were made public. The case alleges that Shrem “stole” around 5,000 Bitcoin (BTC) from Tyler and Cameron Winklevoss in 2012.Brief introduction to both sides of the conflictCharlie ShremCharlie…

Is Russia harming its economy by banning crypto payments? As Russia is about to officially ban crypto payments within its borders starting on Jan. 1, 2021, Cointelegraph tracked down some senior executives in the crypto industry to talk about the implications of such a ban.Russia’s primary crypto opponent is Anatoly Aksakov, a member of the…

The CEO of Binance US was reached out by a Subcommittee chairman for producing various documents — in an attempt to help review the measure taken to protect investors. 404 Total views 17 Total shares Brian Shroder, the president and CEO of Binance US, received a federal letter requesting the urgent disclosure of official documents…

Wall Street veteran and blockchain pioneer Caitlin Long delivered a presentation during Virtual Blockchain Week urging the crypto sector to be wary of the large number of IOUs underpinning stablecoins and third-party custodied assets.Cointelegraph spoke to Long to discuss her recommendations and concerns for the industry, why crypto users must retain control over their private…

The U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) as tax payment, the Wall Street Journal (WSJ) reports today, Nov. 25.As the WSJ writes, the move initially applies only to businesses, with plans to extend the offering to individual taxpayers in future. Starting this week, Ohio-based businesses will…

With a new security campaign, Cream Finance looks to minimize vulnerabilities. 814 Total views 10 Total shares Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance.On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring…

Rare signals coming from derivatives markets echo the start of previous Bitcoin price run-ups, but a bearish retest of support could come first, says Decentrader. 619 Total views 5 Total shares Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand.In its latest…