Tag: Altcoin News

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South Korean, Mongolian Banks Prepare Crypto, Digital Fiat Offerings

The Genghis Khan Equestrian Statue in Ulaanbaatar, Mongolia. Asian banks are edging yet closer to crypto and digital currency adoption – with South Korean and Mongolian banks unveiling ambitious new developments in the wake of reports of the launch of Singaporean giant DBS’ forthcoming digital asset exchange. Although DBS has responded to reports by saying…
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Bitcoin Corrects Lower, Altcoins Reverse Gains

After a strong increase, bitcoin price faced sellers near USD 13,850. BTC started a corrective decrease and traded below the USD 13,600 and USD 13,500 support levels. The price is currently (13:00 UTC) trading well below USD 13,500 and it seems like the bears are aiming for a test of USD 13,000. Most major altcoins…
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Trump Hackers Spur US Interest in Monero…But Not Prices

Source: a screenshot, Instagram/realdonaldtrump Crypto scammers who successfully hacked into United States President Donald Trump’s election campaign looking for payment in monero (XMR) appear to have sparked a new interest in the most popular privacy coin – albeit one that has failed to save it from a price slide. .@realDonaldTrump’s campaign website has been hacked.…
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13 Things Fed Should Mull Over Before a Digital Dollar Launch

The US Federal Reserve should look into more than a dozen major matters before launching its central bank digital currency (CBDC), a digital dollar, including safety, fairness, inclusion, interoperability, and resilience among others, found Global Digital Finance (GDF), an industry body working on the adoption of digital finance. "There are a number of critical  Read…
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‘Large’ Tech Company Starts Using JPMorgan Coin

Source: JP Morgan, Instagram JPMorgan’s JPM Coin is now live with a large international technology company that is using it for round-the-clock cross-border payments, CNBC reported, citing Takis Georgakopoulos, the bank’s global head of wholesale payments. JPM Coin is being used commercially for the first time this week, Georgakopoulos said, declining to name the client,…
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Bitcoin Resumes Rally Above USD 13,400, Altcoins Gaining Traction

Bitcoin price remained well bid above the USD 13,000 pivot level and started a fresh increase. BTC broke the USD 13,300 resistance and traded to a new monthly high above USD 13,450. It is currently (13:00 UTC) consolidating gains and it might continue higher. Also, there was a strong recovery in most major altcoins, including…
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Crypto Listing and Delisting Announcements: Week 43

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: RAMP DEFI (RAMP) Loon Network (LOON) Bilaxy  Read more »Pay, Trade,…
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Crypto Market Sentiment is Out of Positive Zone Again; BCH is Victorious

As is common in the crypto market, we’re seeing a reversal, given that the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization dropped slightly and out of the positive zone reached last week, to 5.92 recorded today, as shown by crypto market sentiment analysis service Omenics.…
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Toyota’s Tech Arm to Begin Company-wide ‘Digital Currency’ Pilot

Source: Adobe/Björn Wylezich Toyota’s IT subsidiary Toyota Systems has said it will begin a “digital currency” pilot with the Japanese crypto exchange DeCurret – embarking on a half-year-long company token experiment. Toyota Systems develops tech support and system development solutions for the larger Toyota Motor Corporation automaker and the rest of the Toyota business group.…
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Bitcoin and Altcoins Likely To Resume Rally

After a strong rally towards USD 13,250, bitcoin price started a short-term downside correction. However, BTC remained well bid above the USD 12,700 zone. The price is currently (13:00 UTC) rising and it might accelerate gains once it settles above the USD 13,000 resistance. Similarly, most major altcoins are trading in a positive zone and…
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