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Major Asian bank issues credit on SCB-backed blockchain
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly.
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LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW
ChangeNOW is happy to announce the integration with LocalCryptos – the world’s most popular non-custodial peer-to-peer crypto marketplace! From now on, LocalCryptos users can swap cryptocurrencies right inside its built-in non-custodial crypto wallet. To perform the desired trade in a different cryptocurrency, you don’t have to waste your time looking where to swap your crypto […]
The post LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW appeared first on Bitcoin News.
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Mitsubishi Launches Blockchain Platform for Metal Trading
The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades.
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Mining Giant BHP Completes $14 Million Iron Ore Trade Using Blockchain
Multi-billion-dollar mining group BHP announced it has completed a $14 million iron ore trade using a blockchain platform.
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HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus
The platform’s backers claim that using the blockchain can keep trade financing running smoothly even in times of global crises like the coronavirus
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China Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation […]
The post China Takes Another Step Away From USD Hegemony appeared first on Bitcoin News.
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US-China Trade War Driving Retail Investors to Bitcoin, Says EToro
EToro reports correlated uptick of positions in both Bitcoin and gold against a backdrop of escalating trade tensions between the U.S. and China
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Crypto Markets and CME Futures Post Record Trade Volume
Volume has been ramping up across the cryptocurrency markets, with April seeing a new all-time high posted for daily global cryptocurrency volume. The month has also seen Chicago Mercantile Exchange (CME) report record trade volume for its BTC futures contracts, in addition to Cumberland’s trade desk reporting an influx of 1,000 BTC buy orders, signaling […]
The post Crypto Markets and CME Futures Post Record Trade Volume appeared first on Bitcoin News.
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P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela
During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses […]
The post P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela appeared first on Bitcoin News.
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