Bitcoin Price Goes Below $8,000 as the Cryptospace Experiences a Squeeze
Bitcoin price goes below $8,000 for the first time in months. Major altcoins, however, still seem to be unaffected by BTC price fall, as they show mixed reactions.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Bitcoin price goes below $8,000 for the first time in months. Major altcoins, however, still seem to be unaffected by BTC price fall, as they show mixed reactions.
Germany’s Finance Minister is in favor of electronic currency for the Eurozone and maybe a euro-cryptocurrency but is against privately issued cryptocurrencies such as Facebook’s Libra.
Citing the possibility of engaging in yet another legal lawsuit, Tether and Bitfinex launch a pre-emptive strike on an unknown study claiming complete innocence in the matter.
After nearly three months of a blackout, Coinbase’s UK retail and institutional customers can now withdraw and deposit cash within 60 seconds.
A new blockchain platform for asset managers to run direct foreign exchange trading is currently being tested by the Vanguard Group. The platform is set to increase efficiency and reduce heavy costs associated with trading today.
PayPal was the only company noticeably absent at the recently held Libra Association meeting. The payment giant is reportedly planning to quit Facebook’s project to keep its hands clean of regulatory dirt.
This piece answers the question “should I buy and sell Ripple in 2019?” by providing objective analysis on the bullish and bearish cases for the cryptocurrency.
Binance decided to re-create XRP on its own blockchain – Binance Chain, and pegged it to several cryptocurrency pairs on Binance DEX.
Apple’s Tim Cook has snubbed-off any plans to launch any cryptocurrency. He said that currency matters best belong to government and regulators and private organizations should stay away from it.
ASR Cryptotechnology is getting ready to introduce its new blockchain that will be known under the name Fuchsia Network.
Two U.S. Congressmen have written to the Federal Reserve, on the possibility of tokenizing the dollar. The Congressmen believe that such a move is inevitable.
Vega has announced that it has received $5 million in a seed round. The company hopes to use the funds to facilitate its mission to disrupt the current financial landscape, developing decentralized derivatives protocol.
Coinbase announced the launch of USDC Rewards program, under which eligible US customers will be able to earn 1.25% APY rewards on every USD Coin they hold on the exchange.
IKEA has completed the supply chain transaction which used e-money using smart contracts on the Ethereum blockchain and via the Tradeshift platform. The company views the transaction as pivotal for the sector.
Telegram has conducted the world’s largest initial coin offering back in early 2018, netting a whopping 1.7B from a batch of accredited investors. TON Blockchain is supposed to be launch by Oct. 31. Otherwise, it will have to refund its investors.