News

Binance to support Ontology 2.0 upgrades and says it will not further allow NEP5-based ONT deposits.

A turbulent mixture of macro, coupled with expectations of a big move in Bitcoin, could spell an interesting week for traders and holders alike.

The CEO of cryptocurrency investment firm VaultAge Solutions has forced into bankruptcy while on the run from angry investors.
Jul 6, 2020 8:21:35 AM
[…]

With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts.

The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card.

The blockchain-based travel agency's partnership comes as booking rates surge from their COVID-19 lows.
Jul 6, 2020 2:26:29 AM
[…]

Smart vending machine maker Popcom raises $1.3 million through Regulated CF security token offerings.

Overview

• Total trading volume at $64.7 million. Shortly after 21:00 UTC, Bitcoin and Ethereum dropped 1.5%, but recovered within an hour. They ended the day slightly down over USD and EUR.
• Bitcoin was only 53% of the total crypto trading volume, the remaining portion was dominated by Ethereum (17%), Tether (6.2%), and Cardano (6.2%).
• The best performers of the day were Cosmos (ATOM) +5.3% and Quantum (QTUM) +5.1% over USD.

The post Kraken Daily Market Report for July 05 2020 appeared first on Kraken Blog.

Bitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities.
Jul 6, 2020 11:05:25 AM
[…]

Visa’s head of crypto says CBDC is the most important payments trend in the next decade.

A closer look at the role that International Securities Identification Numbers may take in the harmonization of standards for identifying digital assets.

Expedia now allows its over 700,000 accommodations to be booked with cryptocurrency through crypto travel platform Travala.com.

Brock Pierce joins the 2020 elections as a last-minute presidential candidate.

Charles Hoskinson, IOHK's CEO, will become an advisor to Wave Financial as part of the deal.
Jul 6, 2020 8:49:25 AM
[…]

VaultAge Solutions CEO has been tracked down by South African authorities and angered investors.

The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.
Jul 6, 2020 1:00:00 PM
[…]

10-day realized volatility hits its lowest since just before Bitcoin price fell to $3,100 in late 2018, sparking fresh bearish fears.

A recent Bloomberg report says Bitcoin is a resting bull but improperly interprets key metrics to paint a bullish case for BTC.

Bitcoin hangs near the chasm of the adoption curve and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally.

Philippine SEC warns against investment schemes including one based on the Ethreum blockchain it says is a Ponzi scheme.

OKEx CEO Jay Hao recently touched on the importance of good customer service.

After nearly 20 months of discussions, the Los Angeles money manager finally cleared a hurdle involving what appears to be the first regulated fund represented by digital shares.
Jul 6, 2020 1:32:28 PM
[…]

Noelle Acheson looks at the potential influence of Generation Z on how institutional crypto asset markets will evolve.
Jul 5, 2020 9:34:33 PM
[…]

Fantom is launching a pilot to help combat Afghanistan's counterfeit drugs problem using its blockchain to trace products along the supply chain.
Jul 6, 2020 10:00:56 AM
[…]

Add the U.S. presidential election to the growing list of volatility drivers as the bitcoin market enters the second half of 2020.
Jul 6, 2020 11:31:52 AM
[…]

There are 234 companies in Singapore’s blockchain landscape.

Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs.

Symbol from NEM makes blockchain solution to solve wine tampering and counterfeiting problems to save millions for the wine industry.

Check out this week’s Bad Crypto podcast.

Bitcoin and most altcoins are witnessing selling at every minor rally, increasing the possibility of a dip in the short-term.

Bitcoin is struggling to punch through stubborn resistance at $9,300, and a Russian court has effectively ruled BTC theft is not a crime.