Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2 times gains. Bitcoin price has more than doubled since its latest block subsidy halving and is now outpacing its last bull run.…
Kategorie: Crypto Flash News
Russia’s Gazprombank debuts Bitcoin trading in Switzerland
The Switzerland-based branch of a major Russian bank has also joined OpenVASP. Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a…
Chinese banking giant withdraws $3B blockchain bond from listing
The $3 billion blockchain bond has been effectively cancelled. China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay. Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said…
Bithumb crypto exchange temporarily closes some offices due to COVID-19
Bithumb’s offline support center in Gangnam is closing down due to COVID-19. Bithumb, the largest cryptocurrency exchange in South Korea, is preparing to close some of its offices due to the ongoing COVID-19 pandemic. According to an official announcement on…
3 reasons Ethereum’s momentum is only accelerating as ETH nears $600
Ether price has surged above $580 in recent days, but the impending release of Ethereum 2.0 isn’t the only catalyst driving the current rally. Alongside the high anticipation for Ethereum 2.0, the high time frame breakout and daily gas usage…
Suzhou to launch digital yuan ‘red envelope’ trial for Double 12 event
Tied in with a national shopping event, the trial will add “offline” and “touch” functionality. The Chinese city of Suzhou will be the second to roll out a “red envelope” trial for the forthcoming digital yuan, according to a report…
Ripple seeks director to engage with central banks on digital currency
Ripple is looking to define its strategy regarding central bank digital currencies. Ripple, the payment services using digital currency XRP, is looking for an expert specializing in central bank digital currencies, or CBDCs. According to a recent job posting by Ripple,…
US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week
USD weakness combines with a Bitcoin supply and demand conundrum as BTC/USD takes aim at $19,000. Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next? With investors seeking safe havens…
Friendliest of them all? These could be the best countries for crypto
The level of freedoms that the U.S. has provides an argument for the country as the most crypto-friendly location, although Puerto Rico also has its benefits. As a burgeoning industry less than 13 years old, cryptocurrency has seen its fair…
Privacy coins no more? CipherTrace files patents for tracing Monero transactions
The firm claims it will be able to identify XMR used for illicit purposes to support criminal investigations. Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin…