As soon as London Block Exchange had added a powerful Bitcoin derivative coin to its terminals, the price of Bitcoin Cash bounced up more than 11% and it continues to go upwards while outpacing other major cryptocurrencies.
Despite all the rumors, the U.K. banking giant Barclays is not planning to launch its own cryptocurrency trading desk in the nearest future.
After joining other 120 financial institutions in RippleNet, BankDhofar has become the first Oman bank in this global blockchain network.
Sharding is the much-awaited scalability solution for the Ethereum blockchain network, designed to help process more transactions in a given period of time at reduced costs.
Coinbase will be offering its block trading facility on its professional trading platform GDAX which will allow institutional investors to trade digital currencies in bulk.
While Arizona moves on being an example of crypto-legislation development, OPEN Platform works to address cocurrent hands-on issues.
AI-based platform Cryptics is launching its minimum viable product (MVP) with the aim to allow platform participants to purchase forecasts, build fund infrastructures and receive more advanced features available on the platform. The product will become available on April, 30.
Revolut allows its users to spend, store, send, and receive payments from both – cryptocurrency accounts and bank accounts.
More and more merchants are accepting digital currency for transactions. However, the number of websites and physical locations taking them is still somewhat limited.
Council of State of France has changed the tax rate on cryptocurrency sales from 45 to 19 percent, which is the result of a new classification of Bitcoin. The move came after citizens appealed to France’s highest regulatory body to change harsh regulations for crypto transactions earlier this year.
The xVia API solution will help to reduce the operational costs and high-failure rates while increasing the remittance speed at the same time.
Cryptocurrencies are no longer a passing fad – blockchain is changing the standards of the financial systems. Bitcoin, Ether and Ripple have initially stimulated the development of numerous start-ups, but today they experience the increasing interest on the part of traditional financial institutions.
The Bitcoin price has bounced up to $9,370 following recent a 10 percent decline marked on April 26 that reportedly was triggered by the sale of the Mt. Gox trustee funds while technical figures indicate the feasible potential for a move higher towards major resistance at $10,000.
Nasdaq said that for them to enter the crypto-exchange business they would for the regulatory framework to become more strong and promote a healthy and stable environment.
Binance chief Zhao Changpeng has formally denied allegations made by venture capital firm Sequoia Capital. The company claimed that he had violated terms of an exclusivity agreement by holding fundraising talks with other potential investors.