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2021

Jan

The price of ethereum continues to approach its alltime high

INDUSTRY

Sunday, 10 January, 2021 at 09:27 GMT
ETH price gained pace after it broke the $1,000 resistance against the US Dollar. The price is up over 25%, and it is trading nicely above $1,300 and the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $1,240 on the 4...
The graph network has launched its mainnet

PREVIEW

Wednesday, 23 December, 2020 at 07:17 GMT
The Graph Network, which describes itself as “an indexing protocol for organizing and efficiently accessing data from blockchains and storage networks,” has made its mainnet available for public usage.According to an official announcement, the mainnet of The Graph Network is...
Jp morgan institutional demand to increase after massmutual bitcoin investment

INVESTING

Monday, 14 December, 2020 at 10:00 GMT
 JP Morgan have supported the latest $100 million of Bitcoin investment by MassMutual. According to JP Morgan, the investment by Massachusetts Mutual Life Insurance Co. in Bitcoin have the potential for more institutional demand for the cryptocurrency in the coming years. ...
Korean exchange operator to oversee cryptolinked stocks in the midst of suspicions on unfair trading

WARNINGS

Saturday, 12 December, 2020 at 07:07 GMT
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. ...
Authorities cut off power for china’s yunnan btc miners

INDUSTRY

Tuesday, 1 December, 2020 at 07:51 GMT
Local media reports reveal that electricity producers in Yunnan, China’s fourth-biggest province by Bitcoin hash rate, have been compelled to stop providing power to crypto miners. Authorities from the city of Baoshan are increasing their efforts to crack down on bitcoin...
Binance exchange is terminating its bgbp stablecoin

INVESTING

Monday, 16 November, 2020 at 12:40 GMT
Leading cryptocurrency exchange, Binance has announced its plans to terminate support for BGBP, a stablecoin pegged to the GBP, the official currency for the United Kingdom, including Jersey. The last trading pair for the stablecoin will equally be delisted on the exchange. The...
Hong kong continues the call for crypto trading regulation

INDUSTRY

Saturday, 14 November, 2020 at 12:24 GMT
The CEO of the Securities and Futures Commission (SFC), Ashley Alder, said in a discourse that Hong Kong will before long manage all digital currency exchanging stages, regardless of whether they exchange securities.  ...
Paypal opens crypto services to millions of eligible account holders in the us

INDUSTRY

Thursday, 12 November, 2020 at 20:08 GMT
Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. ...
The us sec collected over $1‚26 billion from illegal icos in 2020

WARNINGS

Thursday, 12 November, 2020 at 07:52 GMT
The Enforcement Division of the U.S. Securities and Exchange Commission has collected more than $4.68 billion in illegal income and fines in 2020. Around $1‚26 billion in penalties was handed over to the US SEC by unregistered initial coin offerings alone this year. The...
China construction bank plans to issue $3 billion bonds using blockchain

INVESTING

Wednesday, 11 November, 2020 at 08:21 GMT
In a recent report, the China Construction Bank (CCB)’s Malaysian unit, in partnership with Hong Kong-based exchange, Fusang, has unveiled plans to issue up to $3 billion bonds using blockchain. ...

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