SEB, a leading Swedish bank has created its own part of an international blockchain trade finance platform. The bank unveiled this news via an official press release on December 1, noting that it had set up its own production environment under Contour, a global blockchain-based platform…
Chainlink (LINK) price is trading about 4% lower today after Bitcoin’s trip to record highs has been followed by a correction. Fundamental analysis: Platform to participate in Gitcoin Grants Round 8 Chainlink announced it will participate in Gitcoin Grants Round 8 as a matching partner to support projects…
Bitcoin (BTC) price touched an all-time high on Monday to continue its impressive rally this year thanks to a surge in demand from retail and institutional investors. Fundamental analysis: Increase in institutional demand The world’s largest cryptocurrency surged over 170% year-to-date, boosted by an increase in demand for safe-haven…
Sberbank, Russia’s largest state-owned bank is planning to roll out a platform that will allow its approximately 96 million clients to purchase cryptocurrencies. A report unveiled this news on November 30, citing German Gref, the bank’s CEO, who first disclosed this information during the Investor Day.
Venezuela’s army has rolled out a crypto mining center containing BTC-mining rigs. A report unveiled this news on December 1, noting that the army seeks to generate unblockable income through crypto mining. Per the publication, the mining center is backed by Superintendencia…
Ethereum Classic (ETC) recently saw a successful implementation of the Thanos hard fork. The move was made only days ago, on November 29th. Interestingly, the hard fork was followed by a significant surge of the ETC blockchain’s hashrate. Thanos hardfork was an important move for Ethereum Classic, as…
Tezos (XTZ) is preparing to receive a new big upgrade named Edo, according to a recent announcement published by the project’s developers. However, another thing that was revealed is that the upgrade will also bring several privacy features from Zcash (ZEC). Tezos is preparing to add a…
US-based cryptocurrency exchange, Coinbase, recently revealed plans to add support for the upcoming Ethereum 2.0 staking. Some theorize that, by doing this, the exchange might be setting the stage for the wider adoption of Ethereum’s platform. Coinbase to add ETH2 staking support Coinbase made its announcement in a recent…
All major cryptocurrencies have advanced this Monday, and this situation also supports the price of Cosmos, PotCoin, and Theta. Bitcoin has moved again above $19000, indicating that the price could reach the $20000 resistance level this December. Cosmos (ATOM) is trading again above the $5.5 level Cosmos (ATOM) is one…
Bitcoin Cash (BCH) price is trading over 5% higher to open a new week after crashing over 35% in the past week. The blockchain has once again split into two new platforms. Fundamental analysis: BCHN to win Bitcoin Cash Node (BCHN) might become the leading software of the BCH…
Recently, the Central Bank of the UAE partnered with Saudi Central Bank (SAMA) issued a report which explains all the benefits of using a distributed payment system and combining it with a centralized payment structure. The two joined forces to work on their own central bank digital currency (…
Decentralized oracle network Chainlink is participating in Gitcoin Grants Round 8 development of the in-demand Ethereum infrastructure project, as it announces support for the project. The crypto community has lauded this development, as so many believe both the Ethereum (ETH) and Chainlink (LINK) projects need to complement each…
XRP, which is, once again, the third-largest cryptocurrency by market cap, recently saw a significant price surge that came after one of Ripple executives made an interesting statement. The company’s official, Asheesh Birla, stated that 2020 had shown that there is room for more than just Bitcoin in the…
Pizza Hut may be a US-brand, but the pizza-making company has expanded all across the world since it was first founded. Now, its Venezuelan branch decided to join the local trend and start accepting crypto payments in all Venezuela-based stores. ¡Venimos con buenas noticias! Seguimos…
Stellar (XLM) price is trading 92% higher in November after to record a 17-month high in the anticipation of the Protocol 15 launch as well as Bitcoin’s breakout. Fundamental analysis: Protocol 15 upgrade launched Stellar launched the long-anticipated Protocol 15 upgrade earlier this week. The new protocol brings…
Huobi Global, a leading crypto exchange based in Singapore, has had a troublesome year, filled with FUD and various rumors. The flagship exchange of Huobi Group, however, seems to have finally seen some positive progress, as it announced the launch of a new independent exchange yesterday, November 27th. Huobi launches…
The cryptocurrency sector was recently hit with a strong wave of corrections, just after the price of Bitcoin (BTC) hit a new 2-year high of $19,100. As the price started dropping, the correction took over the rest of the market, as well. Traders and investors rushed to buy Tether (USDT),…
Tamagotchi was a major hit when it originally came out, and while many newer generations do not even remember the game, the older ones still appreciate it to this day. This is why a Tamagotchi-inspired game developed on Aave’s (AAVE) blockchain, Aavegotchi, started attracting quite a bit of attention…
Bitcoin (BTC) price rose to the highest mark in nearly three years on Wednesday before correcting lower on Thanksgiving to erase previously weekly gains. Fundamental analysis: New record highs eyed Crypto investors witnessed a strong move higher in Bitcoin price thanks to being perceived as a safe-haven against inflation…
The IOTA Foundation recently announced a major new partnership, which will see the non-profit organization join forces with Austrian Vienna University of Technology. The University has a new research lab, known as Christian Doppler Laboratory (CDL), named Blockchain Technologies for the Internet of Things. The goal of the new…
The last week or so brought a major price increase for the cryptocurrency market, even allowing Bitcoin to hit $19.1k for a brief moment. However, Thursday, November 26th, started a strong correction that caused many coins to lose as much as 10% of their value, which also had significant…
Cryptocurrency derivatives exchange Bybit said it is launching BTC/USD quarterly futures contract. According to the announcement, the futures contract will go live on November 30, with two contracts offered at the launch. Both contracts – BTCUSD1225 and BTCUSD0326 – will start on December 20, 2020, and March 26, 2021,…
Blockchain technology has come a long way over the past several years, particularly since came into the light of day following the biggest crypto bull run in history, which took place in 2017. However, the modern-day blockchain is still not at its fullest potential, and it still has many limitations.
All major cryptocurrencies have collapsed this Thursday and the ongoing sell-off is still not over. The price of Ethereum, Litecoin and Ripple is also pressured by this situation and more than $25 billion were wiped out from the market in less than 24 hours. Despite this negative news, it…
Satoshi Nakamoto was allegedly living in London while working on bitcoin (BTC). Doncho Karaivanov, an author at Chain Bulletin, a blockchain media outlet, published this finding in a November 23 report after researching Satoshi’s whereabouts while he was working on BTC. Per Karaivanov, the BTC developer…