Iran’s President proposes creating a Muslim cryptocurrency as one of measures to confront the economic dominance of the United States. Iran’s President has proposed to create a Muslim cryptocurrency as one of a number of means to confront the economic dominance of the United States. Speaking at an Islamic conference in Malaysia on Dec. 19,…
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South Korea’s second-largest city Busan announces it is launching a blockchain-based digital currency in collaboration with telecom giant KT. South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30. Local news outlet dongA reported on…
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France’s financial regulator approves the country’s first ICO from the company French-ICO. The hype around initial coin offerings may have quieted down in the States, but France seems to be taking a newfound interest. On Dec. 17th, France’s financial regulator, the Autorité des Marchés Financiers (AMF), granted the country’s first approval for an ICO application.…
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This week, we saw a bearish extension in bitcoin price below the USD 7,000 and USD 6,850 support area. However, the USD 6,550 support area acted as a strong buy zone, resulting in a sharp recovery in BTC/USD. The price surged close to USD 1,000 and climbed above many hurdles including USD 7,000. Similarly, there…
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Blockchain has a great future in the ticketing industry, according to experts. However, integration will not be an easy process. Ticketmaster, one of the largest event ticket distributors in the world, announced in October 2018 that it had acquired Upgraded, a blockchain technology company specializing in live event ticketing. By applying blockchain technology, Ticketmaster set…
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Despite a recent rally against USD, majority of the top 100 altcoins are in red against bitcoin (BTC) today. Also, the bitcoin dominance, or the percentage of the total market capitalization, increased to almost 68% and is at a three-month high. In the top 10, only EOS (EOS) has registered gains against BTC while in…
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Are the world’s biggest crypto companies actually its biggest bullies? DigiByte founder Jared Tate tells Cointelegraph about struggles with Binance and Poloniex for listing. What started as a Twitter thread of frustrated complaints about corruption and centralization in the crypto industry ended with an abrupt announcement: the delisting of DigiByte on Poloniex. Jared Tate, the…
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Auditing giant EY released a new iteration of its zero-knowledge proof blockchain, intending to cut transaction costs by 90%. British auditing giant EY has released a new iteration of its zero-knowledge proof (ZKP) blockchain, intending to cut transaction costs by 90%. A ZKP is a digital protocol that enables data to be distributed between the…
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Bitcoin price returns to the $7,000 zone after hitting its lowest levels in seven months, leading commentators to consider further gains. Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels. Cryptocurrency market daily overview. Source: Coin360 BTC shows signs of a bullish…
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The European Commission (EC), the executive body of the European Union (EU), has launched a public consultation on the regulation of cryptoassets, as the world’s second largest economy aims to strengthen its positions in the global payments market. The EC invites investors, banks, supervisors, consumers and other stakeholders to share their views on how the…
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