China to give away $46m in digital yuan

INDUSTRY

Monday, 25 January, 2021 at 17:03 GMT
China will launch another major test for its digital currency, the digital yuan, in January. Local reports affirm that Sichuan’s capital Chengdu will be the next hotspot for the consequent tryout of the nation’s future virtual asset. ...
Eth sees notable recovery amidst new gains

INDUSTRY

Saturday, 23 January, 2021 at 14:24 GMT
Ethereum’s performance is impressive, especially in a period where traders are selling off at an alarming rate. The digital asset, which declined alongside Bitcoin and other altcoins, struggled to return to its new high during that period. Not surprisingly, exchanges recorded...
Sec lists 28 suspicious crypto companies in its watch list

INDUSTRY

Friday, 22 January, 2021 at 08:42 GMT
The United States Securities and Exchange Commission (SEC) has been monitoring the cryptocurrency industry since its inception and it has successfully managed to mitigate illicit activities and fraudulent business. As such, the SEC often tends to list these businesses on its...
French central bank completes cbdc pilot on private blockchain

INDUSTRY

Wednesday, 20 January, 2021 at 08:02 GMT
France’s central bank announced on Tuesday that it has successfully completed a pilot transaction with a central bank digital currency (CBDC) last month that has captured the full settlement cycle. ...
Uk hospitals are tracking covid19 vaccines temperature using blockchain

INDUSTRY

Tuesday, 19 January, 2021 at 13:41 GMT
It’s more evident that blockchain is not only tied to digital currencies. Presently, the technology is being applied across several sectors to improve trust, transparency, and immutability of information. Even during the Coronavirus outbreak, many governments had supported the...
Kraken delists xrp trading for american users

INDUSTRY

Saturday, 16 January, 2021 at 15:30 GMT
New problems surface for Ripple as Kraken exchange delists it for American clients. Several exchanges already delisted the digital asset, but Kraken is one of the latest to announce its delisting. Since the lawsuit problems happen, Coinbase was the first to separate itself from...
Bitcoin’s price action to benefit paypal and square

INDUSTRY

Friday, 15 January, 2021 at 09:02 GMT
Bitcoin’s price has been keeping traders and investors alike with their eyes peeled on the market. As you probably know by now, BTC suffered a pretty significant correction of more than 25% in just 24 hours, but it seems that the coin was able to bounce back in a really short...
Bitcoin requires more institutional funds for stability

INDUSTRY

Thursday, 14 January, 2021 at 10:43 GMT
Goldman Sachs analyst Jeff Currie believes that Bitcoin (BTC) is on a path to maturity, adding that more institutional money will stabilise the market. The analyst made his views known during an interview with CNBC on Tuesday, adding that Bitcoin’s remarkable run has...
The price of ethereum continues to approach its alltime high

INDUSTRY

Sunday, 10 January, 2021 at 09:27 GMT
ETH price gained pace after it broke the $1,000 resistance against the US Dollar. The price is up over 25%, and it is trading nicely above $1,300 and the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $1,240 on the 4...
Bitcoin hits record levels above $41k

INDUSTRY

Friday, 8 January, 2021 at 12:48 GMT
Bitcoin looked to end its first official week on a strong note as its price claimed another record high this Friday. ...

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