Archived Posts

RippleNet’s general manager Asheesh Birla, while speaking in podcast conducted by Lend Academy, pointed to Bitcoin (BTC) as “pretty innovative alternative to gold,” and underlined that this year had demonstrated the need and possibility of having multiple tokens in the crypto domain that serve various purposes. Birla stated that he trusts Bitcoin has not taken   Read more...

One of the largest Wall Street financial institutions might enter crypto market by investing in Bitcoin as per a SEC filing made on Friday. Specifically, we are speaking about the $275 billion financial services provider Guggenheim Partners. The filing paves way for the Macro Opportunities fund to buy GBTC, a Grayscale managed publicly-traded asset offering   Read more...

A unique venture to employ inter-bank digital currency for settlement of security token dealings was rolled out last week. The association comprises of institutional division of three French banks namely BNP Paribas CIB, Caisse des Dépôts and Crédit Agricole CIB, security token platform Tokeny and French tech firm The Blockchain Xdev. The venture has some   Read more...

In the past few weeks, the market capitalization of Tether (USDT), the US dollar-pegged stablecoin, has risen sharply and assisted in fueling the latest Bitcoin (BTC) rally that led prices to fresh historical highs. Paolo Ardoino, who functions as CTO to both Bitfinex and Tether, tweeted earlier this week that the USDT supply rose by   Read more...

Last month’s sharp rise in open interest has made CME Group as the world’s largest Bitcoin (BTC) futures market, according to industry data. According to a tweet issued Friday, Arcane Research stated that CME had surpassed OKEx to become the world’s biggest Bitcoin futures market. Pointing to data from Skew, a market intelligence company, Arcane   Read more...

Latest data indicates that “wholecoiners,” which refers to Bitcoin wallets holding a minimum of 1 Bitcoin (BTC), now represent 95% of the crypto’s total capitalization. This implies addresses holding less than 1 Bitcoin, owned by tens of millions of investors, account for rest of the 5% of Bitcoin’s market capitalization. The aggregate number of wholecoiner   Read more...

Blockchain Service Network (BSN), the Chinese government aided blockchain venture, has added the third list of blockchain covenants to its framework. Specifically, under the latest additions, Polkadot, Bityaun and Oasis blockchains will be supported. Polkadot’s blockchain covenant is structured to link several custom-built blockchains into a single unified network. Polkadot also paves way for handling   Read more...

Privacy centered Canadian investment firm Cypherpunk Holdings has increased its investment in Bitcoin (BTC). The company revealed Thursday that its Bitcoin reserves have increased by 72.979 since June 30, 2020. Cypherpunk financed the purchase by selling off other cryptos in its portfolio, including Monero (XMR) and Ethereum (ETH), and also using a portion of C$505,000   Read more...

The Colombian Stock Exchange stated that it is becoming a member of Consorcio Colibri, a private drive that fosters the implementation of blockchain technology within the financial sector. Consorcio Colibri was established by top financial institutions including Bancolombia, Porvenir, Santander Caceis Colombia, BBVA, Contrato Marco, Deceval, and Skandia. Through collaboration with member company Contrato Marco,   Read more...