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  • Title Token for Blockchain Estate Registry, Part 1

    Title Token for Blockchain Estate Registry, Part 1

    News
    Since 2015, the blockchain industry has generated a variety of economic concepts and supported them with relevant technologies: initial coin offerings, initial exchange offerings, security token offerings, data access object, permissioned ledgers, stablecoins, decentralized finance, etc. In a short time frame, some of these went all the way from their heydays to oblivion. Emerging concepts, like DeFi, and corporate stablecoins, e.g., Libra, are at risk of repeating this trajectory. Let’s be honest — the wishful dreams…
  • Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M

    Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M

    News
    The price of Bitcoin (BTC) rose to as high as $10,272 on July 26 in an unexpected weekend rally. It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard. The hourly price chart of Bitcoin. Source: TradingView.com There appear to be two main reasons behind the abrupt upsurge of Bitcoin from $9,700 to over $10,200. They are the liquidation of over-leveraged shorts and traders taking profit from over-extended alternative cryptocurrencies…
  • Crypto Is Next Step in Currency Evolution but Must Adapt to Succeed

    Crypto Is Next Step in Currency Evolution but Must Adapt to Succeed

    News
    As the human race evolves, our means of exchanging value also continuously develops. From the barter system that dates back to 6,000 B.C. to the present-day use of fiat currency, the human race has been on a nonstop journey toward creating more efficient exchange methods. Factors such as convenience, availability, stability and sustainability have played crucial roles in the evolution of exchange methods. What is fiat currency? Fiat currency is essentially paper money backed solely by…
  • Put to Good Use: Ethereum Racks Up Serious Numbers to Set Benchmarks

    Put to Good Use: Ethereum Racks Up Serious Numbers to Set Benchmarks

    News
    Ethereum’s dominance as the preeminent smart contract blockchain platform has been boosted by the popularity of decentralized finance and decentralized applications tokens in 2020, with ERC-20 tokens now accounting for nearly half of the assets on the blockchain. The smart contract platform has been in existence for just under five years and, in that space of time, has established itself as the blockchain of choice for DApp developers. Adding substance to that claim is data indicating…
  • Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close

    Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close

    News
    On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309.  The weekend surge comes as a bit of a surprise as weekends are typically marked by low trading volume and some traders avoid the markets due to the volatility that sometimes accompanies the weekly close.  Crypto market weekly price chart. Source: Coin360 Technicals aside, Ether’s rapid ascent to $309 could also be…
  • Spotting the Potential of NFTs in the Blockchain Gaming Industry

    Spotting the Potential of NFTs in the Blockchain Gaming Industry

    News
    Non-Fungible Tokens (NFTs) are emerging as a very popular blockchain trend in gaming, as they're also now being used in the sports industry (ticketing), financial services, and as a way to sell and transfer property, highlighted Craig Russo, director of innovation of an investment firm and startup ecosystem, Polyient Games. In an interview with Cointelegraph, Russo explains that NFTs first captured the attention of the mainstream crypto community in 2017 with the launch of Ethereum (ETH)…
  • Regulatory Attention and Fraudsters: Bad Crypto News of the Week

    Regulatory Attention and Fraudsters: Bad Crypto News of the Week

    News
    It’s been a good week for Bitcoin. The dollar price is up more than 3 percent to around $9,500. That $10,000 ceiling is looking more fragile than ever. One sign that the ceiling may be about to break is the decline in Google searches for “Bitcoin.” According to Google Trends, search interest is the lowest since December 2019. Last time search interest fell by such a degree, the price climbed around 50 percent. One coin in which…
  • BSN to Continue as One Interconnected Network, Initiative Member Said

    BSN to Continue as One Interconnected Network, Initiative Member Said

    News
    China’s Blockchain Service Network, or BSN, will look at how to best approach public blockchains globally while still maintaining an interconnected network and has not separated into different entities, a member of the initiative said.  BSN recently set up different groups with the idea that one will look at public blockchains that comply with Chinese laws and the other will develop more flexible public blockchains that can accommodate ecosystems internationally.  The group looking at international blockchains,…
  • Binance Now Sending Out Its Debit Cards

    Binance Now Sending Out Its Debit Cards

    News
    After months of waiting, planning and testing, Binance has begun delivering its debit cards to customers. “This started shipping in limited quantities as of yesterday, I heard,” Binance CEO Changpeng Zhao, also known as CZ, said in a July 25 tweet, responding to a community member interested in the product. Previous reporting shows an August launch for the card in European regions, so, it can be inferred, CZ means shipping to European customers at this time.…
  • Door Still Open for Future ZEC Relisting, Liquid Exchange COO Says

    Door Still Open for Future ZEC Relisting, Liquid Exchange COO Says

    News
    After delisting privacy-focused asset Zcash (ZEC) in pursuit of regulatory compliance, Japanese exchange Liquid is not against a future relisting, pending regulatory clarity. “Regarding ZEC and our decision to temporarily stop providing trading services, we are seeking further guidance from both industry working groups and the MAS before we resume trading on Liquid,” exchange COO Seth Melamed told Cointelegraph on July 25, referring to the Monetary Authority of Singapore. He added: “In speaking with other VASPs…