Bookmarking Crypto Insights
DIGIT China’s government is well known as a crypto hater, and its banishments and pronouncements are the stuff of wild market swings. That doesn’t mean, however, they’re not keeping close eye on decentralized currencies. In fact, according to recent press releases, Chinese authorities are set to publish regular monthly analysis of over two dozen crypto assets, … Read more
Just recently news.Bitcoin.com reported on traders who exchanged “significant” trade volume using the peer-to-peer platform, Localbitcoins, by receiving warnings to upload their identity before they could proceed trading. Now the Localbitcoins organization has updated its terms of service agreement which comes with a few new guidelines concerning ID verification and data retention. Also read: Markets Update: Cryptocurrencies … Read more
GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan Confirms … Read more
According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially banning crypto services, which will remain in place at least until a formal hearing. Also … Read more
The Eastman Kodak Co. will conduct a token sale for its long-awaited KODAKCoin beginning May 21. The sale will target accredited investors and aims to raise $50 million for the development of a blockchain platform. The New York-based company has already held a presale in which it raised $10 million from investors. The KODAKCoin will be the … Read more
Nouriel ‘Dr. Doom’ Roubini calling cryptocurrency a scam, the mother of all bubbles, and an even bigger bubble than tulip mania (yes, he did) is no longer something new. Roubini has been vocal in his opposition to both Bitcoin, calling it a scam whose intrinsic value is zero; and the blockchain, terming it unnecessary and capable of … Read more
Cryptocurrencies have been dropping in value this Saturday, May 12 as most digital assets are down between 3-15 percent. The price of Bitcoin Cash (BCH) is hovering around $1,446 at press time while gaining 3.4 percent today — And Bitcoin Core (BTC) values are averaging roughly $8,473 per BTC and its markets are down 1.4 percent this … Read more
Dispatch is a platform promising zero transaction fees and a speed of tens of thousands of transactions per second (TPS). Is this platform a theoretical pipedream or worth a look? Find out more in this exclusive Merkle interview with Zane Witherspoon, co-founder and CTO of Dispatch Labs. The Merkle: Can you tell us briefly about Dispatch … Read more
The price of bitcoin has sunk even lower during the past 24 hours. Yesterday’s price stood at $8,600 – a nasty drop from last weekend’s high of $9,800. Many were expecting bitcoin to test the $10,000 mark, which didn’t occur. In fact, last week has been the worst in bitcoin’s history since early April, when … Read more
Ripple has released its first pilot results for its remittance solution, xRapid. xRapid is one of the three solutions the company offers – the other two being xVia and xCurrent – and the only one that uses its native digital asset, XRP. In releasing the results via a blog post, the company’s senior vice president of … Read more