While this trend is nothing new it isn’t going to abate any time soon either; the devaluation of emerging market (EM) currencies has been happening for the past eight years and is part of a far bigger picture. In 2008 emerging market countries borrowed billions in USD-denominated debt when USD was going cheap as the…
After telling Bloomberg at the Players Technology Summit on Monday how Coinbase grew from a simple wallet into a fully-fledged cryptocurrency platform, Coinbase CEO Brian Armstrong then turned to the ‘future of cryptocurrency’. Armstrong stated that economic crises taking place around the world over the next 3-5 years could be the catalyst to the organic…
Fidelity offers access to Bitcoin ETN on Swedish exchange (med-low impact) Fidelity Investments, which has some $2.4 trillion assets under management, has begun offering its customers the ability to buy Bitcoin Exchange Traded Notes (ETN) offered by XBT Provider on the Nordic Nasdaq, based in Sweden’s Stockholm. This means the ETN, listed as CXBTF on…
Bitcoin has been on a roller coaster ride in its price, its value reached as high as $20,000 in late 2017 to as low as $6,000 within a time frame of just six months. The highly volatile nature of Bitcoin is certainly a blotch on its reputation and certainly this could be why Goldman Sachs’…
Basic Attention Token (BAT) is an ERC20 token and the native utility token for the Brave web browser, and is currently 40th on the BNC market cap table. The market cap currently stands at US$197.6 million with US$3.5 million in trading volume over the past 24 hours. Brendan Eich, founder and CEO of BAT, is the creator of Javascript and…
HomePress ReleaseGoonhilly and Spacebit Partner To Accelerate Commercial Space Exploration Through Blockchain Technology Goonhilly Earth Station, the UK satellite communications innovator and space gateway, has today announced that it is collaborating with space blockchain technology pioneers, Spacebit, to develop the use of blockchain technology for space-based data applications and mission deployment. Blockchain technology has the…
Ripple (XRP) has just announced that it has signed three major partnerships for xRapid, its product geared towards financial institutions. These Ripple xRapid partnerships will allow the XRP token to be exchanged to and from another currency efficiently. Announced today: Bittrex is the U.S. preferred digital asset exchange for xRapid transactions using #XRP. https://t.co/jqtYG3OeX4 —…
Only a handful of coins in the top 100 cryptocurrencies are seeing losses on the market this morning. After a rough start to August, it seems the market has begun correcting itself again. At press time, Bitcoin (BTC) is trading just below $6,500 and Ethereum has just passed the $300 threshold. EOS, Tron (TRX), and VeChain…
JD.com has been busy today. On Friday, the Chinese e-commerce company rolled out two new products: a JD.com blockchain platform and a JD.com app. The latter is the platform’s first use case. Here’s what we know. JD.com Blockchain Platform: Officially Live Today, JD.com posted a press release, which stated that the company had not only created…
The Kik mobile messaging service announced back in May 2017, that it would be launching a new cryptocurrency named Kin as the first step to developing its Kin ecosystem; a decentralized ecosystem of digital services. Jump forward to September 2017 where Kik successfully concluded it’s token sale and raised nearly $100 million from across 117 countries. …
