Near universal consensus exists among crypto analysts that a price recovery is underway, as fiat market caps continue to advance and other activity, such as transaction volume, is rapidly increasing. Not surprisingly, comparisons are being made to 2017, when market growth drove most platforms to all-time highs, and public interest in blockchain assets soared. Nevertheless,…
Archive
In a move that is becoming common in economically stressed nations, crypto activity is booming in Brazil and Argentina, as high inflation and general financial malaise is driving more people to invest in blockchain assets. Both states have long been among South America’s leaders in cryptocurrency adoption, which is gaining the attention of their politicians…
Cryptocurrency adoption in India continues to accelerate, yet the nation’s central bank, the Reserve Bank of India (RBI), is holding firm on its stance against it. Recently the RBI issued a “Regulatory Sandbox” of promising fintech developments that it considers worthy of testing and exploration. The document expressly puts cryptocurrencies on a “negative list” of…
While being a relatively new player in the crypto ecosystem, Fidelity is going full steam ahead with overtaking this emerging market. Industry sources leaked this on March 29th, but now it's official, according to a press release issued by Fidelity Digital Assets on the 10th of April.
Sandler is named Head of Sales and Marketing…
Speculation of insolvency, and rumors of foul play are surrounding Bitfinex as New York Attorney General Letitia James has filed a claim against the exchange’s parent company, iFinex, accusing it of financial fraud. The claim asserts that the company has moved as much as USD $850 million held in reserve for the Tether stablecoin into…
Digital currencies are highly volatile. Since the 2009 release of the open source Bitcoin protocol, the crypto market has birthed over 2525 cryptocurrencies. Powered by Satoshi's blockchain technology, these digital assets now have an aggravated total market capitalization of approximately $172 billion at the time of writing. Programmatic trading utilizes computer algorithms to execute trades,…
Over the last couple of years, numerous governments and financial institutions have experimented with blockchain technology, granted its increasing popularity. Now, recent reports indicate that in an attempt to learn more about how blockchain technology and cryptocurrencies work, the International Monetary Fund (IMF) and the World Bank have launched an educational blockchain-based token. The coin…
Introduction
Ever since cryptocurrencies
became relevant, governments throughout the world have begun discussions on how
to effectively regulate and tax the industry. A large part of the community
does not agree with this, granted that the main purpose of digital currencies
is to get rid of centralization and create a new financial society that isn’t
controlled by a central authority.…
On April 18th the VeChain Foundation held its first World Summit in San Francisco, which drew developers, investors, and business leaders from around the world to explore use cases for its blockchain platform. VeChain Thor, or simply “VeChain,” has emerged over the past several months as one of the most promising platforms for a wide…
The increasing public interest in cryptocurrency is drawing greater attention to stablecoins, and their potential to reduce the volatility that has come to define market values. Tether (USDT) is by far the most popular of these digital assets, and has become a standard tool of traders and long-term investors alike. Nevertheless, since its inception in…
