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At press time, the world’s top cryptocurrency is up to $7,400. This is a massive spike over where it was during the beginning of the week (high $6,000’s). Bitcoin’s price seemingly jumped out of nowhere and within hours. It went from $6,800 to about $7,200 in 30 minutes on Tuesday amidst speculation that Coinbase would … Read more
The UK’s Barclays, arguably the most powerful international corporate bank in the world, filed two crypto-related patents this week. The 300 year-old legacy bank gobbled up exclusivity over cryptocurrency transfers and distributed ledger data storage. There appears to be a trend for companies, both in and out of the ecosystem, aiming to lock up the … Read more
The cryptocurrency market situation in India is changing fairly quickly. The country’s Reserve Bank maintains a ban on cryptocurrency trading with the INR, but a new business model is emerging. KoinEx, one of the many platforms in the country, is now launching a LocalBitcoins competitor to continue exposing clients to Bitcoin and select altcoins. KoinEx … Read more
There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months. … Read more
Cryptocurrency hedge funds have become increasingly popular all over the world. In Canada, the biggest crypto fund goes by the name of Rivemont Crypto Fund. Interestingly enough, its asset allocation heavily favors cash over cryptocurrency at this stage. Canada’s Crypto Fund Needs More Bitcoins One would expect a cryptocurrency hedge fund to have a vast … Read more
The United Kingdom is a very interesting place when it comes to cryptocurrency activity. Although it’s often overlooked a bit, it is home to many large exchanges. Coinfloor is one of those companies which is active in the cryptocurrency markets. The firm recently partnered with Trading Technologies International to introduce machine learning technology. Coinfloor Takes … Read more
On July 19, a group of interdisciplinary researchers from the University of Pennsylvania, with guidance from the esteemed Penn Law professor David Hoffman, published an in-depth study of initial coin offerings (ICOs) that promise innovative concepts like autonomous governance and operate by the belief that ‘code is law’. However, most of the ICOs the group … Read more
Anchoring one’s identity data to the blockchain may prove to be a very big challenge. Stratis has come up with a potential solution, known as Stratis Identity. The iOS release of this application introduces new ways to manage personal and corporate identities in one go. The Stratis Identity Product Explained Various blockchain companies are actively … Read more
The United States is a powerhouse when it comes to finance. As such, most of the world’s cryptocurrency exchanges are either based in or provide services to the US market. For OKCoin, its expansion to the US is slowly coming together, albeit in a very limited fashion. OKCoin Lands in California It is good to … Read more
Making cryptocurrency exchanges and trading platforms more accessible to the masses is still problematic. It is evident that consumers’ focus is shifting to mobile. As such, companies will need to introduce mobile applications first and foremost. UDAX is one such application which integrates with Coinbase Pro, although it is not officially licensed. UDAX Could Run … Read more
