Bitcoin price remains stable above $9,000 as data increasingly points to irrationally optimistic behavior on correlated stock markets. Bitcoin (BTC) begins Monday by avoiding another test of $9,000, but what could happen to change the mood or even set off a bull run? Cointelegraph takes a look at five major facts that could influence the…
Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement
Spain’s Telefónica, Deutsche Telekom and U.K. provider Vodafone have finalized a trial blockchain solution for the settlement of roaming discount agreements. Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. Developed by blockchain startup…
Singapore's Blockchain Payments Platform Ready for Commercial Launch
The Monetary Authority of Singapore is ready to deploy its multi-currency blockchain payments project for commercial use. Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch. The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized…
Messari CEO: Cardano Has ‘Plenty of Room for Growth’
Messari co-founder Ryan Selkis says Cardano’s recent price surge is proof that staking isn’t dead preparing for the upgrade to Shelley. After Cardano surged to become sixth-biggest cryptocurrency by market cap last week, Messari co-founder and CEO Ryan Selkis still believes traders could buy and stake more of the altcoin. In his newsletter, Seliks said…
Japanese Residents Have Cash to Spare, but Is It Going Into Crypto?
The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments. Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments. According to a July 13 report from Japanese news outlet Nikkei,…
Chainlink (LINK) Surges 39.5% to a New All-Time High — Here’s Why
Surging volume, price discovery, and new partnerships pushed Chainlink price to a new all-time high at $8.48. Today the price of Chainlink (LINK) soared by more than 34% to reach a new all-time high at $8.48 and also notch a market capitalization of $2.5 billion. Three key factors that likely pushed the price of LINK…
G20 Lays Regulatory Groundwork for Accepting Digital Payments
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments. Digital currency payments may become a reality for G20 members before the next summit in Saudi Arabia. As reported by Kyodo News on July 11, officials revealed that the G20 summit compromising representatives from…
US Secret Service Creates Finance-Related Cybercrime Task Force
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters. The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and Financial Crimes Task Forces into a…
Key Metrics Show Institutional Interest in Crypto Is High and Rising
As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest. The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance…
How the Tokenization of the Gaming Industry Empowers Players
Blockchain tech implementation into the gaming industry could seriously disrupt its closed investment ecosystem. Amid the COVID-19 pandemic, one thing is clear: The video games industry is thriving. As people around the world find themselves with more time on their hands thanks to government-mandated lockdowns and a partial economic shutdown, video game sales have skyrocketed….