Laszlo Dobos · 13 hours ago · 1 read
To most traditional economists, money is a combination of three core characteristics: a medium of exchange, a store of wealth, and a unit of account.
Leaked photo shows the alpha version of China Construction Bank’s DCEP app
China’s digital currency, the DCEP, is currently in the advanced testing phase, with leaked images showing that the China Construction Bank already runs the alpha version of its DCEP app.
The Bitcoin (BTC) price reached as high as $10,060 on Coinbase, rising by more than 160 percent in 56 days.
Ethereum co-founder says ETH 1.0 will exist as a “shard” of 2.0, states protocol has a role in governance
Ethereum co-founder Vitalik Buterin believes the protocol might play an important role in the future of state-backed digital currencies.
Cardano founder Charles Hoskinson’s latest passion project is reviving a 90s RPG Game
Charles Hoskinson, the founder of Cardano (ADA) and the CEO of IOHK, is in the process of acquiring the 1992 RPG game Legends of Valour, which he intends to rewrite and remaster in the following years.
Ethereum gets big boost ahead of ETH 2.0 as DeFi market completes v-shape recovery
Ethereum will soon see a major network upgrade to ETH 2, possibly by July 2020.
Paul Tudor Jones calls Bitcoin the “fastest horse” as he reveals holding BTC futures to hedge against massive inflation
Multibillion-dollar fund manager Paul Tudor Jones II revealed this week his firm is holding Bitcoin to protect against inflation in the future.
The future of money could have built-in universal basic income
The excitement for the Marshall Islands’ SOV has been somewhat eclipsed by the international race for Central Bank Digital Currencies (CBDCs) with China seemingly leading the way.
Why crypto: Inflation “ravages” Iran’s rial, forcing creation of new currency
In a move helping to prove the intrinsic value of Bitcoin and other crypto assets, Iran’s government is finally marking an end to the national currency, the rial, after years upon years of hyperinflation in response to poor economic conditions.
Algorand and Blockchain.com users can now report taxes and transactions via a new tool
Algorand and Blockchain dot com are getting a much-needed boost, the two firms are integrating with a crypto accounting and tax platform to help users easily manage financial implications on decentralized transfers and crypto storage.
Strix Leviathan launches proprietary trading platform Octopus
Strix Leviathan, a quantitative investment management firm, has launched its proprietary trading platform called Octopus.
Bitcoin’s on-chain metrics suggest a “bullish” market regime may be imminent
Since March’s lows, Bitcoin has gained over 100 percent, outperforming most other over $100 billion assets within the same time frame.
Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200.
Chainlink may be on the cusp of a big movement as volatility levels plummet
Chainlink’s immensely bullish market structure formed throughout 2019 allowed it to set fresh all-time highs just a couple months ago, but this strength was not enough to make it immune from seeing intense losses during the market-wide meltdown in mid-March.
Bitcoin ATM operator Coinme raises $10 million Series A, led by Pantera Capital
Despite the global lockdown and reduced business activities, the cryptocurrency investment space continues to see larger deals.
Over the past few weeks, the hype surrounding the Ethereum 2 upgrade has increased at a dramatic clip.
Bitcoin’s boom against altcoins proves the rally to $9,000 is legitimate
Bitcoin and cryptocurrencies have experienced a massive surge over the past 10 days.
In a post-COVID world, Australia turns to blockchain for protecting $7 billion beef export industry
Australian beef is world-renowned in culinary circles as high-quality, sought-after meat.
Blockstream’s satellite just made downloading Bitcoin without the internet easier and 25x faster
Bitcoin storage and infrastructure firm Blockstream has made a significant upgrade to its ambitious satellite-centric Bitcoin node project, as per an official post earlier this week.
Bitcoin’s seeing increased retail interest ahead of its upcoming halving event on May 12, if Google’s search trends are considered.
Ripple is the first blockchain company to be a part of the ISO 20022 standards body
Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT).
The immense volatility seen by Bitcoin and the aggregated crypto market throughout 2020 has led to a major shift in dynamics seen amongst market participants, with many retail investors fleeing exchanges as they lose trust in centralized entities and begin adopting a long-term “hodl” strategy.
The highly anticipated launch of Ethereum 2 may be coming sooner than previously expected, as one platform is noting that it could come about as early as July of this year.