Sub $50K Bitcoin correction remains in play as whales look to sell BTC
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut. Will it fall below $50,000 this weekend?
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Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China
Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China.In an inaugural rankings report by Hurun, which is best known for compiling a rich list for China, Ant Financial is the top firm in its field and fifth largest in a ranking…
Bitcoin moves past $49K as Facebook, Instagram, and WhatsApp go down
During the outage, many Crypto Twitter users called for the need for a decentralized social network built on blockchain. 3143 Total views 10 Total shares Major social media and communication platforms Facebook, Instagram, and WhatsApp went offline Monday as the price of Bitcoin and other cryptocurrencies surged.As data from Cointelegraph Markets Pro shows, the Bitcoin…
Crypto trading firm Cumberland secures New York BitLicense
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
Over-the-counter digital currency trading and lending firm Genesis closed the fourth quarter of 2019 with record high results in loan originations since its inception.Per a Jan. 30 press release, Genesis facilitated over $4.25 billion in loans since its incorporation in March 2018, which made Q4 the best in company history. Genesis originated more than $1.1…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Russia’s Prime Minister: Bear Market Is Not a Reason to Bury Cryptocurrencies
The massive 2018 bear market is not a reason to bury crypto, Russian Prime Minister Dmitry Medvedev claimed in a speech at the Gaidar forum. Russian news agency TASS reported on Medvedev’s comments yesterday, Jan. 15.Medvedev outlined the current crypto market situation as one of the main questions on the world community’s agenda, along with…
How Blockchain Can Improve Globalization
The birth of blockchain technology and its quick adaptation have left many people stunned, with famous CEOs, investors, entrepreneurs and financial experts often talking about how it will change the way we go about our daily financial activities.One of the most important aspects to consider in blockchain technology is how this relatively new technology can…
BlockFi asks court for permission to convert trade-only assets into stablecoins
The bankrupt crypto lender's request marks another step toward the return of users' funds, a process that the company began in August. 35 Total views 2 Total shares Defunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users' accounts into stablecoins, so they could be withdrawn