Major cryptocurrency markets have seen a sharp drop today, with total market capitalization around $224 billion. Friday, Oct. 11 — Major cryptocurrency markets have continued sliding over the day, with only three coins in the top-20 list reporting gains. Cryptocurrency market daily overview. Source: Coin360 The top cryptocurrency Bitcoin (BTC) is trading at around $8,355,…
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One of China’s BTC mining giants, Canaan Creative will reportedly be listed as a publicly traded firm in the U.S. in November 2019. Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Canaan to issue 1.26 billion shares…
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Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Murphy voiced…
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This past week in the Cryptoworld saw a lots of greenery: XRP price rallied, Chainlink jumped 33%, and then it climbed 45%, but also ETH went over USD 180, Tron went up 11%, and LTC appreciated 4.4%. And the up-‘n’-down nature of the space continues, as we’ve seen DeFi dapps growing, but also Bitfinex and…
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Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens. Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange…
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Ethereum-based stablecoins are declining as teams increasingly use other blockchains to facilitate price-stable currencies. Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There…
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After the proof-of-stake consensus algorithm is implemented, Ethereum will be more costly to attack than Bitcoin, says Vitalik Buterin. After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated. Buterin has voiced this opinion during…
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Mayor companies, Visa, EBay, Stripe and Mastercard are abandoning Facebook’s cryptocurrency project Libra amid increased regulatory pressure. Visa, EBay, Stripe and Mastercard have all announced that they are dropping out of Facebook’s Libra Association and its associated stablecoin project. Four companies abandon ship On Oct. 11, Bloomberg reported that Ebay, Stripe and Mastercard had decided…
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VanEck’s new research “The Investment Case for Bitcoin” argues that exposure to BTC greatly increases a portfolio’s return. Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside. On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the…
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One of China’s big four banks has released the second version of its blockchain trading platform following transactions exceeding $50 billion. The China Construction Bank (CCB) officially released the second version of its blockchain trading platform, which reached 360 billion yuan ($50 billion) in cumulative transaction volume. CCB will actively promote blockchain platform On Oct.…
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