Chinese Supply Chain Innovator to Develop Blockchain System for SMEs
Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in the country. Announced today, July 3, the institute’s new partner is Zhongshang Beidon; a state-level enterprise for supply chain...
Set Your Alarms: Most Bitcoin Is Now Traded During These Hours
Bitcoin (BTC) traders are changing their habits in 2020 — but volatility is still dominated by the start of New York stock market trading. According to data currently circulating on social media, volatility for the largest cryptocurrency by market capitalization is highly correlated with the opening of United States...
Crypto Investment App B21 Expands to India
The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted.
Cardano Developer IOHK Launches $20M Fund for Ecosystem Startups
The cFund will invest anywhere between $250,000 and $500,000 into startups and small businesses using Cardano or IOHK tech initiatives.
Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report
A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day active supply is dictating bullish potential for BTC/USD. BTC price to rise “sooner rather...
Singapore Man Fined $72K for Promoting Crypto Ponzi OneCoin
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.
Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin
The share price of Bitcoin (BTC) mining firms Riot Blockchain and Hive Blockchain has produced enormous year-to-date (YTD) gains, with stock in Riot nearly doubling while Hive tripled over 2020 so far. However, not all mining firms have fared well throughout the COVID-19 pandemic, with Canaan’s stock falling nearly...
Blockchain Australia Seeks to Build Industry Confidence With New CEO
The new head of Blockchain Australia, Steve Vallas, has announced that he will focus on building up confidence in blockchain and improving the image of blockchain technology among businesses and governments. Vallas replaces Nick Giurietto who led the association over the last five years. He has worked as an...
Bank of Japan Will Begin Experimenting With a Digital Yen
The Bank of Japan has announced it will begin experimenting with a central bank digital currency (CBDC) to check its feasibility from a technical perspective. BoJ wants to digitize cash but it remains to be seen if Japan can catch up with China which has already begun testing its...
Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken
The move comes at a time when traders are seeking alternative sources of capital value during an “uncertain macroeconomic climate.”