Month: March 2020

Industry Players Join Former CFTC Royalty on Digital Dollar Project’s New Board

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The Digital Dollar Project, which advocates a blockchain-backed digital dollar in the United States, has announced the inaugural roster of its Advisory Board. The new advisors joining the founders of the project The project is an initiative of several former heads of the Commodity Futures Trading Commission (CFTC) and Accenture. The new advisory board includes 22 members with broad backgrounds in finance and payment technologies. They include former CFTC Commissioner Sharon Bowen, PayPal policy exec Usman Ahmed and Georgetown fintech law professor and occasional Cointelegraph contributor Chris Brummer. The announcement…

Why Internet Growth Is a Prime Cryptocurrency-Adoption Driver

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As we enter the start of a new decade, the number of internet users has reached a truly astonishing level: Almost 4.5 billion people were active users as of January, encompassing 59% of the global population. With its growing influence on individual consumers and large economies alike, the internet has become a crucial part of our day-to-day lives. Moreover, acceptance of the World Wide Web is growing faster than ever with the rise of mobile technology. Many studies reveal to us an exciting revelation: The development of the web is…

The Nuances of OKEx Linear and Inverse Futures/Swap and How to Maximize Your Profit

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This article is targeted to the intermediate and sophisticated traders who are already familiar with the basics of index arbitrage. There are other resources available on OKEx Academy if you need more explanations on the concepts of basis, margining and fair value calculation. Today, we’re going to discuss a trade that would have returned >10% last month. The idea is very similar to the borrow and carry trade discussed here.  For ease of discussion, we assume that we build an index arbitrage position on February 12 and then unwind it…

‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches

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For years now the term “bitcoin” has managed to capture a tight relationship with specific trends and keywords online. News.Bitcoin.com decided to investigate the specific keywords, questions, comparisons, and prepositions that are often associated with the digital currency when people are searching for answers. Also read: US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows Keywords, Trends, and Searches Surrounding Bitcoin Bitcoin is an interesting subject to many of us who live and breathe in this industry. Moreover, newcomers sometimes hear about the technology in…

‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches

boss

For years now the term “bitcoin” has managed to capture a tight relationship with specific trends and keywords online. News.Bitcoin.com decided to investigate the specific keywords, questions, comparisons, and prepositions that are often associated with the digital currency when people are searching for answers. Also read: US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows Keywords, Trends, and Searches Surrounding Bitcoin Bitcoin is an interesting subject to many of us who live and breathe in this industry. Moreover, newcomers sometimes hear about the technology in…

Blockchain Real Estate Project Smartlands Raising Funds on Equity Crowdfunding Platform Seedrs

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Sharing is caring! Global blockchain-based investment and digital banking ecosystem Smartlands is selling 2.53% of equity stake, at a pre-money valuation of £15,400,000, to help fund a freemium model for customers in 2020. The sale will be conducted on one of the most successful crowdfunding platforms in the world, Seedrs who have helped startups and later-stage companies worldwide to raise over £840 million with cases include Revolut, TransferGo, Smarterly and hundreds of others. ~ advertisement ~ A top-five platform for issuing single asset digital securities, Smartlands is the first blockchain…

Binance Reveals the Secret Behind Its Cryptocurrency Futures Success

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Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As Cointelegraph reported earlier this week, Binance recently overtook BitMEX and became the second-largest platform in terms of 24-hour Bitcoin (BTC) futures trading volume. When asked whether he is surprised by such success, Gong said that the firm created the product with the plan of becoming the top Bitcoin futures trading platform: “We knew we would be there soon, and we made…

Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own

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Gone are the days of dusty ledgers and checkbooks. Over the last decade or so, the word “money” has taken on a completely new meaning for a lot of people all over the world. This is partly due to the masses being utterly frustrated with the way many big banks handle their business transactions. In fact, with the use of physical money on the decline, the market for digital payments has started to replace a whole host of traditionally popular banking avenues. To put things into perspective, in Asia alone,…

ETH 2.0 Audit Highlights Risks to Block Proposers and P2P Protocol

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Technology security firm Least Authority has published an audit of the specifications for ETH 2.0 — the long-awaited overhaul of the Ethereum (ETH) protocol. Least Authority audited ETH 2.0’s during January at the request of the Ethereum Foundation. The firm worked alongside the Foundation throughout the process and compiled the final version of the report on March 6. Ethereum Foundation commissions Least Authority to audit ETH 2.0 The security firm reviewed the core ETH 2.0 specs for phase 0, the Beacon Chain specs, and Beacon Chain Fork Choice documents, peer-to-peer…

Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market

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More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari. The New York-based angel investor said Wednesday that he expects bitcoin’s dominance to rise above 90 percent by the end of the ongoing economic slowdown. The term ‘Bitcoin Dominance‘ refers to bitcoin’s market value relative to that of the broader cryptocurrency market comprising of more than 5,000 assets. I am no maximalist by any standard, but I fully expect Bitcoin dominance to…