Archived Posts

The underlying bullishness seen in Bitcoin (BTC) is reflecting in the form of an increase in the aggregate number of Bitcoin ATMs to over 10,000 across the globe. As per AksjeBloggen, a Norwegian financial service provider, the number of Bitcoin ATMs (or BTMs) surged 87% y-o-y in September 2020. In the same period last year,   Read more...

A series of on-chain indicators are giving firm “buy” signal for Bitcoin (BTC). Ten indicators compiled by on-chain tracking website CryptoQuant suggest investment in Bitcoin at this point in time. Of the 11 indicators taken for study by CryptoQuant, eight has given out “buy”, while two has given “strong buy” for Bitcoin. Only one of   Read more...

According to a research report from Chainalysis, blockchain focused forensics company, the probability of African crypto traders sending or receiving tokens from addresses linked to scams is pretty low, in comparison to traders in other regions. The survey signifies the scenario last year. In the document titled “2020 Geography of Cryptocurrency Report,” Chainalysis states that   Read more...

Philippines headquartered Asian Development Bank (ADB) has completed its foremost letter of credit (LC) transaction utilizing the Standard Chartered-supported Contour blockchain network. The trade was one of the initiatives under the ADB’s trade and supply chain plan, with the Bank for Investment and Development of Vietnam and Standard Chartered bank being other participants. The trade   Read more...

Intercontinental Exchange (ICE) owned Bakkt, a regulated cryptocurrency trading and custody service provider, has recorded record daily trading volumes in the category of physically-settled Bitcoin (BTC) futures. Specifically, Bakkt revealed that over $200 million worth Bitcoin futures contracts were traded on a single day, up 36% from its earlier high. As per cryptocurrency market data   Read more...

In a video conferencing session conducted by Litecoin Foundation, Charlie Lee, creator of Litecoin (LTC) and Stephan Vogler, CEO of CipSoft, revealed the roll out of LiteBringer, a fantasy game based on role-play, hosted on Litecoin blockchain. Lee stated “It’s the first major game that utilizes the Litecoin blockchain for all of its interactions.” Vogler   Read more...

Global DeFi Alliance, Huobi’s decentralized finance association, has commended the arrival of 10 fresh members, taking the aggregate membership to 15. The latest members include DeFi giants Curve Finance, Zerion, Bitpie, Synthetix, Zapper, Loopring, Mykey, Aave, Balancer and CoinGecko. Along with the founding members dYdX, Maker Foundation, NEST Community, Compound and Huobi DeFi Labs, the   Read more...

Securities division of BNP Paribas is collaborating with Digital Asset to build several instantaneous trade and settlement solution utilizing smart contracts premised on DAML. The latest DAML-powered apps will link BNP Paribas Securities Services with top international stock exchanges such as Australian Securities Exchange (ASX) and the Hong Kong Exchange (HKEX). The apps will facilitate   Read more...

Earlier this week, native crypto of DeFi venture Yearn.finance, YFI, hit a record high of $43,966 on Binance exchange. This happened as the crypto market was facing a sell off, with Bitcoin’s (BTC) value eroding by 17.5% to reach a low of $9,800 on some cryptocurrency exchanges. As Bitcoin’s price rebounded, YFI’s price rose, with   Read more...