Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Visa, Mastercard and PayPal are set to be backers of Facebook’s GlobalCoin along with a number of other companies, including Uber. Each will invest approximately $10 million into a foundation that will govern the coin.
To launch its crypto trading services in the U.S., Binance has partnered with local firm BAM Trading Services Inc. The company will release further details of the launch in the coming days.
Two huge cryptocurrency companies, Coinbase and Circle, are actively working in a joint effort to make money as easy transferable as data on the internet. Recently both firms have announced their new Stablecoin Network called CENTRE.
The hybrid applications use oracles to bridge the gap between blockchain-based smart contracts and internet cloud services thereby making automated business processes more efficient and robust.
The Deputy Prime Minister of Italy proposed a new tax on cash and other valuables held by citizens at safety deposit boxes. Thi measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers.
Ripple CEO, Brad Garlinghouse, revealed that a remittance company, which he wouldn’t disclose, has gained +800% in clients overnight because it recently began using Ripple’s technology. The main reason in this rise in the change in transaction fee.
ICE’s Bakkt plans to set a new standard for institutional market quality for digital assets with the launch of its Bitcoin Futures platform on July 22, 2019.
Following the news on the stock exchange market’s involvement with cryptocurrencies, Cryptoindex enters into a partnership agreement with Reuters, Bloomberg and Tradingview.
On July 13, Thursday, the BTC is consolidating around $8,131 after being much active the day before.
John McAfee released his new cryptocurrency exchange called “McAfeeMagic” together with its own cryptocurrency – Freedom Coin. Interestingly enough, the exchange will allow trading cryptocurrencies on multiple exchanges within one dashboard.
After the Ethereum price retest, the bullish momentum may place the price at $289 level in case the Bulls defend the $259 level.
Major influencers may get $50-100 mln in revenue for bringing the audience to Voice, the EOS-based social media platform by Block.One
Ubisoft has revealed their interest in the blockchain technology with an official announcement that they could launch several applications on the Ethereum Blockchain causing ETH price surge.
A blockchain project Helium has completed a fundraising round where it managed to get $15 million in funding from leading venture funds. According to Multicoin Capital, Helium is the most ambitious crypto venture since Ethereum.
After reaching its ATH of $36.3, Binance DEX announced it would lower its fee structure for BNB. The validators have proposed and voted on lowering the fee structure on Binance Chain, most of which are reduced by 50%.