Russian Treasurers Association Joins Masterchain Banking Pilot
The Russian Association of Corporate Treasurers is joining the nation’s central bank in trialing the government-run Masterchain blockchain platform.
AlphaPoint Raises $15 Million In First Major Funding Round
Crypto services company AlphaPoint announced it raised $15 million in its first major round of venture capital funding from Galaxy Digital.
Things I Did… Bitcoin Braces for Bear Market With Feel-Good Tweets
Crypto Twitter isn’t letting the prospect of a downturn in prices get them down, rather they’ve turned a bitter price run into a digital kumbaya.
Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U.S. dollar. According to Tether, each Tether token is backed by one U.S. dollar, held in the full reserve of Tether. But the existence of the U.S. dollars pegging Tether has been called into question. Moreover, worries exist that Bitfinex […]
SEC Director of Corporate Finance: Ether Is Not a Security
In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security. “… based on my understanding of the present state of Ether, the Ethereum network and its […]
Op Ed: I Think, Therefore I Bitcoin: The Case for Bitcoin
A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system. Ever since humans evolved from nomads, government and financial institutions have sought restrictions — to varying degrees — on choices available to individuals with their assets and currency. […]
Ripple (XRP) Technical Analysis (June 13, 2018)
Week over week, Ripple tokens (XRP) prices are down 12 percent but surprisingly up two percent in the last 24 hours. In any case-unless of course we see rejection of XRP lower lows, these attempts of XRP higher highs are but technical short coverings. Check out those dismissive level of market participation which advice this […]
IOTA, EOS, Tron, Stellar Lumens and Litecoin Technical Analysis (June 13, 2018)
Even though Trump and Kim have shaken hands, we are yet to see a slow down in Bitcoin prices which we all know anchors alt coin prices. In real sense, Bitcoin dominance stands at 38 percent and the general crypto cap is up to $309 billion but this is apparently not stopping sellers from eroding […]
Bitcoin Futures Could Spur Bank Ratings Downgrades
Rating agencies may downgrade banks that clear bitcoin futures if these financial products continue to see increasing volumes over the coming months. Financial publication Risk.net reports that each of the three large rating agencies — Standard and Poor’s, Moody’s, and Fitch — have expressed concern over increasing volume in bitcoin futures markets, which are currently […]
Tron Founder Justin Sun Acquires BitTorrent after Legal Battle
BitTorrent Inc. has finally been acquired by Justin Sun, the founder of the Tron cryptocurrency. After a letter of intent went wrong, there were doubts the deal would go through. It all came to light last month when TorrentFreak first reported negotiations between BitTorrent — now renamed to Rainberry — and Justin Sun. At the […]