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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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, cryptocurrency exchange Huobi Japan receives a $4.6 million investment, Bitcoin.com acquires blockchain startup O3 Labs, and Ripple CEO Garlinghouse criticizes the Softbank Group. Here is the past week of cryptocurrency and blockchain news in…
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Bitcoin hits a five-month low and clocks 36% daily gains in a single week, and Congress unconvinced after Zuckerberg showdown. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
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The reversal in the price of Bitcoin and other cryptocurrencies in the past week points to a likely bottom formation and a change in sentiment to buy the dips. Though fundamentals play a large part in determining the price of an asset, short-term movements of the markets are driven by sentiment. This was clearly visible…
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