Bitcoin has begun to consolidate after its explosive breakout on Monday. Over the past 48 hours, the leading cryptocurrency has jumped between $10,800 and $11,300, attempting to establish a short-term range. Some fear that this is a sign that the market is reaching a top. After all, Bitcoin failed to pass $11,500 in the recent rally while funding rates have reached extremely high levels. Yet an analyst is convinced that on a macro scale, there’s only “air” from here to $20,000. That’s to say, Bitcoin rallying to $20,000 in the…
Day: July 30, 2020
World Series of Trading (WSOT) – Monstrous 200 BTC Prize Pool up for Grabs
While movie theaters may be unusually empty this time of the year, a different kind of summer blockbuster is coming soon, one that promises to bring back the exhilaration of competitive crypto trading with up to 200 bitcoins (BTC) prize pool, 20% off trading fees and up to $9,400 in USDT bonuses. A Blockbuster Competitive Crypto Trading Tournament Crypto derivatives exchange Bybit announced today the World Series of Trading (WSOT) launch, a bi-annual global crypto trading competition. The inaugural edition of the tournament will feature a prize pool of up…
BitFlyer and Brave’s New Partnership to Finally Let Japanese Users Earn BAT
Japanese users will soon be able to earn Basic Attention Token (BAT) by viewing Brave ads. On July 30, major Japanese cryptocurrency exchange BitFlyer partnered with Brave Software International SEZC, a subsidiary of Brave Software — the maker of the crypto-enabled browser Brave. Within the partnership, the firms co-developed a crypto asset wallet in the Brave browser that allows Japanese users to receive BAT for viewing Brave ads. Japanese Brave users will also be able to buy or sell BAT on BitFlyer as well as tip BAT to publishers and…
BitFlyer and Brave's New Partnership to Finally Let Japanese Users Earn BAT
A new partnership between BitFlyer and Brave enables Japanese users to earn BAT by watching ads on the Brave browser. Japanese users will soon be able to earn Basic Attention Token (BAT) by viewing Brave ads. On July 30, major Japanese cryptocurrency exchange BitFlyer partnered with Brave Software International SEZC, a subsidiary of Brave Software — the maker of the crypto-enabled browser Brave. Within the partnership, the firms co-developed a crypto asset wallet in the Brave browser that allows Japanese users to receive BAT for viewing Brave ads. Japanese Brave…
Next Generation Peer-to-Peer Trading Platform, CryptoLocally Now Supports ETH, USDT (ERC-20), and DAI
CryptoLocally, a next-generation peer-to-peer (P2P) trading platform, has recently announced the support for Ethereum-based tokens. With this announcement, the first Ethereum-based digital assets to be added are Ether (ETH), Tether USDT (ERC-20), and DAI. This is part of CryptoLocally’s ongoing effort to give its customers the very best trading experience, offering its customers the most exciting and relevant crypto assets in the industry. In a very short period of time CryptoLocally has established itself as one of the leading P2P trading venues. The Ethereum Blockchain The Ethereum Blockchain hosts many…
Coinbase Report — More Intitutional Investors Entering Digital Asset Market Despite COVID-19 – Blockchain News, Opinion, TV and Jobs
Despite the global economic stranglehold of COVID-19, the digital asset investor market continues to mature from its retail and crypto-fund roots any larger and more conservative institutional investors are allocating for the first time. According to a Coinbase report for Q1 2020, they are seeing institutional investors using Coinbase to build direct positions and backing crypto fund managers as part of their alternatives strategy. “We saw a noticeable uptick in our institutional business’s growth in H1 and continued to add leading university endowments, traditional multi-strategy hedge funds, VCs, and large…
Yunding International Launches LTk3 JBO Ecological Application Public Chain
Place/Date: Malaysia – July 30th, 2020 at 9:31 am UTC · 2 min read Source: Yunding International Yunding International is a legally licensed gambling operator in Malaysia, with more than 800 employees, mainly composed of Yunding International Hotel and Yunding International Resort. The total assets of the company are about $1.4 billion. Lin Wei, the director of Yunding International, has started a business in Malaysia for many years. He is a director of several gaming platforms, an experimental investor in blockchain technology and one of the main sponsors of Yunding…
Malaysia’s Stock Exchange Eyes Blockchain for Bond Market Digitization
Known as Project Harbour, the initiative will use distributed ledger technology as a register for a bond marketplace. Source link
Telecoms Giant MyRepublic Teams Up With Marketing Technology Provider Aqilliz To Create Blockchain-Based Loyalty Programme
Multinational internet service and telecommunications provider, MyRepublic has teamed up with blockchain digital marketing company Aqilliz to pilot a new blockchain-based loyalty programme pilot. Entitled MyRewards, the blockchain-based loyalty programme application was developed as part of the IMDA Blockchain Challenge which looks to explore the applications of blockchain to drive greater operational efficiency and business model innovation in the telecommunications sector. Lawrence Chan, Managing Director of MyRepublic Singapore, said: ~ Advertisement ~ “Blockchain has enormous potential for unprecedented insights into consumer preferences, allowing us to not only see their go-to…
Ethereum Is the Best-Performing Asset Class of 2020
The average performance across Ethereum (ETH)-based assets has been a nearly 130% year-to-date (YTD) gain, according to data published by market data aggregator Messari. The data provides an overview of the 178 assets that currently exist on Ethereum, totaling a combined market capitalization of $63.7 billion — just shy of 20% of the entire crypto capitalization. Including stablecoins, 124 of the assets have posted a YTD gain, meaning that 70% of Ethereum-based tokens have increased in value despite the shocks felt across the global economy amid the COVID-19 pandemic. 70%…