China’s most recent bout of cryptocurrency and blockchain fervor shows no sign of subsiding – with regulators stating they are already looking at applying blockchain technology to cross-border trade finance. Meanwhile, it appears that the country’s citizens are brushing up on their crypto knowledge online en masse. Per reports from Reuters and Bloomberg Japan, Lu…
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This past week, bitcoin price started a strong upward move from the USD 7,550 support area. BTC/USD gained more than 25% and broke many resistances near USD 8,500 and USD 9,000. It even rallied above USD 10,000 before starting a downside correction. Currently (08:00 UTC), the price is trading above USD 9,000 with a lot…
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15,558 physical businesses worldwide accept Bitcoin for payment, up 18% from a year earlier. But in-person transactions are still uncommon. There’s no easy way to buy, send or spend cryptocurrency in person — not even for a slice of pizza or a cup of coffee, or so it’s been said. Meanwhile, the number of physical…
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Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power. Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power. The stock market rally was…
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Even Bitcoin is getting an endorsement in an official app in China as local media claims platforms are removing anti-blockchain content. China is rapidly adopting a pro-blockchain stance following news it would bring in a so-called “crypto law” in January next year. China: Blockchain must be legitimate In a sign of China’s abrupt official about-turn…
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The balance of power under current financial systems does not benefit ordinary people, but blockchain tech looks set to change this forever. Blockchain’s potential to disrupt the financial landscape is evident. Even at this early point in the technology’s development, established institutions — including banks and governments — have been quick to note this potential…
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Crypto Capital executive Oz Yosef, who is allegedly involved in Bitfinex’s $850 million loss, has been indicted on three criminal counts. The United States Attorney for the Southern District of New York has indicted Crypto Capital executive Oz Yosef on three criminal counts. An Oct. 23 court filing obtained by Cointelegraph confirmed that Oz Yosef…
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Topco Associates will use a blockchain platform for food supply chains that is based on Mastercard’s Provenance Solution. Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations. According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible.…
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Will Bitcoin Soar to $16k in the next 4 days? Bitcoin price (BTC) has been a popular topic this week. After the monstrous run from $7,400 to over $10,500 on Oct. 25, it certainly looks as if last week’s article indicating the early stages of a bullish reversal came to fruition. Weekly crypto market performance.…
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With over a decade of blockchain, the scene has become a fierce battle of protocols in this game of nodes. Who deserves the digital throne? The best thing about us humans is that, time and again, we come up with great ideas and new forms of technology that have the potential to change the world…
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