State Street, Galaxy launch 3 new crypto ETFs

The BCRA has accelerated its work on legislation to implement the CBDC workflow in the country. 156 Total views 1 Total shares After a series of remarks about the potential benefits of central bank digital currency (CBDC) for the national economy, the Central Bank of Argentina said it has accelerated its work on the legislation

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency. 1009 Total views 15 Total shares JD.com has been using China’s Digital Currency Electronic Payment, or DCEP, system to pay the salaries of some employees since January.The e-commerce firm revealed the news on Sunday while announcing its participation in the one-year…

More than 15% of the existing Bitcoin (BTC) supply has not moved in 12 to 18 months. This confirms that the second half of 2018 was an accumulation season, as much of the BTC acquired during that period has not moved since. According to Unchained Capital’s ‘Hodlwaves’, which determines the velocity of Bitcoins circulated by monitoring…

Odyssey, the mainnet for the blockchain-based platform TRON, will be upgraded to version 3.6 soon, according to an official blog post by the TRON Foundation on June 18.The TRON network aims to be a platform for creating entertainment-focused decentralized applications (DApps). As stated in the post, developers can create DApps on both the TRON protocol…

Ripple, the firm behind third-biggest crypto by market cap XRP, has launched a Brazilian office with the aim to expand across Latin America, Cointelegraph Brazil reports on June 10.According to the report, the official announcement will be made at CIAB Febraban, a major fintech and banking event that will place in São Paulo from June…

Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals.As of July 9, the investment instrument is yielding a 296% appreciation YTD — a stratospheric increase as compared with mainstream investments reflected in the S&P 500 (18.7%) and Global…

The ecosystem concept is unique to (and uniquely suited to) the crypto industry. These synergistic communities offer a network where participants can benefit from each other’s work and progress while building an ever-stronger foundation. A recent study found there were more than 18,000 active Web3 developers and pinpointed the ecosystems having the most success attracting…