Category: Uncategorized

In a continuation of good news for crypto asset Stellar, Coinbase recently announced the listing of XLM on its platform. Markets reacted positively to the news, with a 4% increase against the Dollar, but similar to XRP’s recent listing on the platform; investors were left feeling somewhat disappointed. Is this further confirmation of Coinbase’s diminishing…

The post Is Coinbase Effect Dead? Crypto Assets Show Minimal Movement After Listing appeared first on NewsBTC.

Popular stablecoin Tether (USDT) – the world’s 9th largest cryptocurrency by means of market cap, has once again attracted the attention of the crypto community. As noticed by existing Tether investors, the project has removed previous claims that the stablecoin was entirely backed by US dollars. A new update, the date of which is unknown,…

The post Tether Spotlight Once Again: Controversy Over 100% Peg to USD appeared first on NewsBTC.

The amount spent on blockchain technology by businesses seeking to utilise the trust-enhancing features of distributed ledgers is expected to grow to $2.9 million in 2019. This would represent a growth of 88.7% over the $1.5 billion spent on the technology during 2018. The reported figures come from the International Data Corporation (IDC) who recently…

The post Blockchain Spending in 2019 to Grow to $2.9 Billion, 88.7% Growth Since 2018 appeared first on NewsBTC.

The financial markets authority of Quebec (AMF) is requesting that investors in a cryptocurrency mining company contact them. The announcement comes after Technologies Crypto Inc. was issued with a series of freezing orders in connection with existing securities regulations earlier this month. Technologies Crypto Inc. reportedly took over $300,000 from investors that were under the…

The post Regulator Rules Cryptocurrency Mining Contracts Can be Securities appeared first on NewsBTC.

The CEO of JP Morgan Chase has once again spoken about Bitcoin (BTC). Jamie Dimon, who once called the digital currency a “fraud” and later backtracked on his comments has now said that he takes no pleasure in seeing prices take a short-term crash as he stated they would. Speaking at the World Economic Forum…

The post Jamie Dimon Says He Takes No Pleasure in Bitcoin Decline appeared first on NewsBTC.

The popular peer-to-peer file sharing platform BitTorrent has announced that it will be creating its own cryptocurrency using the Tron network. Amongst other use cases, the token will be used by users to pay for higher file download speeds on the firm’s Windows-based uTorrent client. In potentially cryptocurrency-related news, the company’s former CEO, Rogelio Choy,…

The post BitTorrent to Launch Own Cryptocurrency on the Tron Network appeared first on NewsBTC.

According to a report in RTT News, Saudi Customs is currently currently experimenting with tracking shipments on the blockchain. The project will link the Saudi customs officials’ existing shipment tracking platform, known as Fasah, to a blockchain-based one, powered by TradeLens. Aiding the pilot will be the Saudi Arabian customs IT partner, Tabadul. The Riyadh-based…

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