Day: April 5, 2020

Peopleโ€™s Bank of China Continues CBDC Development Talks

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The Peopleโ€™s Bank of China held a teleconference on April 3 in Beijing, China. One of the main points confirmed during the call involved the institutionโ€™s continued research and development of a central bank digital currency, or CBDC. CBDC development is one of the bankโ€™s top prioritiesย  The meeting summarized the central bankโ€™s achievements with fiat currency, gold, silver, and securities since the end of 2019. Executives analyzed the bankโ€™s present challenges in depth, while acknowledging that their top priority for 2020 is the continued research and development of a…

Tezos (XTZ) to $10 in 2020? – Security Token, Staking, Ethereum Killer, Gaming, Price Prediction

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Tezos (XTZ) to $10 in 2020? – Security Token, Ethereum Killer, Gaming, Price Prediction. Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. Tezos burst into the crypto space by collecting $232 million in their then record-breaking ICO. Since their ICO, their launch date has been constantly delayed because of behind-the-scenes drama and other conflicts. Tezos officially launched in September 2018 and now is a good time as any to look into this exciting project. In…

Bitcoin.comโ€™s Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash Privacy

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Bitcoin.comโ€™s Cashfusion Fund officially surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations. The funds will go toward Cashfusion developer expenses and a security audit from Kudelski Security. Bitcoin.com also matched the funds donated so Cashfusion can provide bitcoin cash users with the best privacy methods available today. Also read: Freebitco.in Gaming Site Launches Covid-19 Relief Fund โ€“ Donating 20% House Edge to Healthcare Efforts Cashfusion Provides Greater Privacy Than Traditional Coinjoin Protocols Cashfusion has been considered a powerful tool when it…

Bitcoin.com’s Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash Privacy

boss

Bitcoin.comโ€™s Cashfusion Fund officially surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations. The funds will go toward Cashfusion developer expenses and a security audit from Kudelski Security. Bitcoin.com also matched the funds donated so Cashfusion can provide bitcoin cash users with the best privacy methods available today. Also read: Freebitco.in Gaming Site Launches Covid-19 Relief Fund โ€“ Donating 20% House Edge to Healthcare Efforts Cashfusion Provides Greater Privacy Than Traditional Coinjoin Protocols Cashfusion has been considered a powerful tool when it…

Both Crypto Derivatives and Spot Markets Post Record Volume in March

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CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges. The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets. March 13 sets record for daily spot trades The report states that March 13 produced the single greatest volume in the history of crypto assets โ€” with all exchanges and markets producing $75.9 billion in trade activity over 24 hours. $54.3 billion of 71.5% of trades came from โ€˜Lower Tierโ€™ exchanges, while โ€˜Top Tierโ€™ exchanges generated $21.6…

Ripple Funds Blockchainโ€™s Disruption of the Legal Industry

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A new blockchain course offered by the Australian National University (ANU)โ€™s law school commenced this year with support from Rippleโ€™s University Blockchain Research Initiative (UBRI). Cointelegraph spoke to Lauren Weymouth, the senior manager of the UBRIโ€™s University Partnerships Program, and Scott Chamberlain, the academic running the curriculum, to find out more about how blockchain can disrupt the legal industry and the partnership between the ANU and UBRI. Chamberlain will be working alongside the developer behind the Toast XRPL Wallet, Richard Holland, to develop and deliver the course. ANU law school…

Bitcoin Elliott Wave Technical Analysis

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Bitcoinโ€™s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

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Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis. This article will analyze the movement of global financial markets and its correlation with Bitcoin during the COVID-19 crisis. Weโ€™ll consider the following sources as price measures for the following. The recent crash has really challenged Bitcoinโ€™s claim as โ€œdigital goldโ€ and puts its assertion as a financial โ€œsafe havenโ€ to the test. Related: Is Bitcoin a Store of Value? Experts…

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

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With pundits like Twitter CEO Jack Dorseyย predicting thatย Africa โ€œwill defineโ€ the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply chain, among others. Amid the growing enthusiasm for crypto and blockchain technology in Africa, industry stakeholders interviewed by Cointelegraph identify a lack of education as one of the major hurdles standing in the way of…