In the last 48 hours, since its daily peak on January 26, the Bitcoin price has declined from $3,657 to $3,515, by nearly four percent against the U.S. dollar, while TRON surged by 10 percent on the day. The decline in the Bitcoin price has led the valuation of the crypto market to drop by $2 billion from $221 billion …
Citigroup and Nasdaq are among a group of firms investing $20 million dollars in Symbiont.io Inc, Bloomberg reports on Jan. 23. Other investors reportedly include Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital Holdings. Symbiont’s blockchain and smart contract platform, Assembly, will be applied in capital markets. The offering purportedly allows financial institutions to share and verify data, and uses smart …
Circle co-founder Jeremy Allaire said that the world needs cryptocurrency to survive the digital age. By CCN.com: Circle CEO Jeremy Allaire says humanity can’t survive the digital age without crypto because its decentralized nature and resiliency make it indispensable. Allaire made the remarks at the 2019 World Economic Forum in Davos, Switzerland. Allaire says cryptocurrency skeptics are merely that way because they’re …
The United Kingdom’s financial regulator has published a consultation paper titled “Guidance on Cryptoassets” today, Jan. 23. The stated goal of the Financial Conduct Authority’s (FCA) paper on cryptocurrency is to provide more regulatory clarity on the subject for market participants. The consultation period on crypto, which the paper initiates, is scheduled to end on April 5, 2019, after which …
The Cboe BZX Exchange has withdrawn a proposed rule change that, if approved, would clear the way for a bitcoin exchange-traded fund (ETF) backed by VanEck and SolidX. In a notice published Wednesday, U.S. Securities and Exchange Commission (SEC) deputy secretary Eduardo Aleman wrote that the Cboe BZX Exchange had pulled its proposed rule change, which would have allowed it …
Bithumb, one of the largest cryptocurrency exchanges by trading volume, is looking to go public in the U.S. through a reverse-merger route. Blockchain Industries, an investment firm focusing on the crypto and blockchain industry and traded on the U.S over-the-counter markets, announced Tuesday that it had signed a binding letter of intent (LoI) agreement with Singapore-based BTHMB Holdings, the holding company of Bithumb, …
Top 5 cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22. During a presentation in Singapore today, Huobi’s CFO said the company will also update its trading platform and continue its international expansion. “2018 brought us huge challenges but I’m …
Bitcoin (BTC) is witnessing the longest stretch of range-bound price activity in three months. The leading cryptocurrency by market capitalization has been largely restricted to trading between $3,700 and $3,500 since Jan. 11 – the longest stretch at such a narrow range since the end of October. Back then, the market had gone quiet, with prices staying within the $6,500–$6,350 …
Ahead of its hotly anticipated launch, bitcoin futures exchange Bakkt has launched a hiring campaign. Eight new job posting were published Tuesday on the company’s website. Bakkt is looking for several experienced software developers, including mobile and blockchain developers; an institutional sales manager with experience in North America or Asia; and three higher-level positions including a director of finance, director …
SOLVE tokens are listed on the Bittrex platform. The team is inviting all token holders to read this Medium article regarding token unlock. Solve Care also takse this opportunity to repeat the key principles that are driving the team’s actions. Number 1: Prioritize compliance with all applicable laws, rules and regulations. Solve.Care is a healthcare based blockchain platform, which aims to reduce …
