Raiffeisen’s stablecoin project is becoming blockchain-agnostic, adding interoperability tech from Bitpanda and the Technical University of Vienna. Source link
Raiffeisen Bank Bringing Blockchain Interoperability to Its Stablecoin Project
Day: October 22, 2020
After $1,200 Surge, Bitcoin Faces Down a Pivotal Resistance Level
Bitcoin has seen an absurd bout of price action over the past few days. The leading cryptocurrency, after falling to $11,200 last week, surged as high as $13,250 on leading exchanges on Wednesday. The coin has since whipsawed since hitting those highs, dropping and rallying by hundreds of dollars below that high as investors gauge the direction of BTC. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Faces Down a Pivotal Resistance Level Bitcoin is facing down a pivotal resistance level after the aforementioned price…
Peloton (PTON) Shares Lose 5% After Goldman Sachs Downgrading
While Goldman Sachs is neutral on Peloton shares, KeyBanc Capital Markets analyst Edward Yruma raised his price target for the shares in anticipation of imminent bullish price moves. The shares of Peloton Interactive Inc (NASDAQ: PTON) is taking a big bearish dive after an analyst from Goldman Sachs Group Inc (NYSE: GS) revised his position on the stock. The analyst Heath Terry revised Peloton Interactive’s shares to neutral from the previous buy rating and attributed this to the overvalue of the stock since it was included in the “Americas Buy…
Bitcoin price hits new record high in these 7 countries
Compiled by entrepreneur and market commentator Alistair Milne, exchange rate figures show that at this week’s highs, Bitcoin was worth more in seven currencies than ever before. Countries where #Bitcoin has hit a new ATH in their local currency: Brazil – pop. 209millionTurkey – pop. 82mArgentina – pop. 44.5mSudan – pop. 41mAngola – pop. 30mVenezuala – pop. 29mZambia – pop. 17m Soon: RussiaColombia … then all other fiat currencies — Alistair Milne (@alistairmilne) October 22, 2020 Milne: other currencies will follow Bitcoin’s weekly gains stood at over 15% overnight on…
COVID-19 Vaccine Volunteer in AstraZeneca Trial Dies, AZN Stock Down
It is unclear whether the volunteer took the vaccine dose or was in a placebo group. AstraZeneca has not provided much information but said they followed all required review processes. hasSoon after resuming the COVID-19 vaccine trial at almost all sites, AstraZeneca plc (NASDAQ: AZN) has faced another challenge. On Wednesday, Brazilian health authority Anvisa announced a volunteer involved in AstraZeneca and Oxford University’s vaccine trial died. The investigation into the accident is being conducted, but the trial will continue. The Incident Details According to local Brazilian press reports, the…
Canada’s First Public Bitcoin Fund Surpasses $100M
It has been revealed that Shares of Canada’s first publicly listed Bitcoin fund increased by 30% since its launch in April. On Oct. 20, 3iQ tweeted an announcement that Canada’s first Bitcoin fund listed on a major stock exchange has surpassed the market cap threshold of $100 million. Big Milestone. The #Bitcoin Fund by @3iq_corp that trades publicly on the Toronto Stock Exchange under $QBTC.U, just passed the $100 million mark. Onward! — Tyler Winklevoss (@tylerwinklevoss) October 21, 2020 Following 3iQ’s BTC fund milestone, crypto exchange Gemini co-founder and a…
Collider Labs Raises $1M to Invest in Blockchain Startups
Collider Labs has raised $1 million to be invested in early-stage blockchain and cryptocurrency startups. In an announcement Thursday, the venture builder said the raise had brought on board several notable limited partners including Efficient Frontier CTO Alon Elmaliah and Follow [the] Seed Founding Partner Andrey Shirben. Collider provides funding and liquidity and actively participates in building up startups alongside their communities and founders, according to the firm’s founding partner, Avishay Ovadia. The company is actively seeking to invest in early-stage blockchain and crypto startups globally, with a focus transparency,…
PayPal Entering Crypto Market Pushes Bitcoin (BTC) Price Above $13,000
PayPal’s big announcement of offering cryptocurrency trading services has taken the financial world by storm. It’s about time that every major global bank will possibly provide support for the world’s largest cryptocurrency. On Wednesday, October 21, online payments giant PayPal Holdings Inc (NASDAQ: PYPL) announced its entry into the crypto market by launching its crypto trading services. After receiving the license from NYDFS, PayPal said that it will first launch its crypto trading services in the U.S. market in the coming weeks. Later, it will expand the services to the…
Litecoin Price Daily Timeframe Indicates Strong Uptrend To $65
Litecoin started a strong upward move from the $41.50 support zone against the US Dollar. The price is now trading nicely above the $50.00 level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $48.90 on the daily chart of the LTC/USD pair (data feed from Kraken). The bulls seem to be aiming a larger upward move towards the $60.00 and $65.00 levels. Litecoin price is gaining momentum above $55.00 against the US Dollar. LTC is likely to continue higher…
Now It Is More Popular than Sex
Bitcoin is remarkably popular for many reasons. While many people see it as a means of facilitating cash transactions, others have tagged it as a security with the potentials to yield great returns. Bitcoin (BTC) popularity is undoubtedly growing not just among tech-savvy millennials but among people who seek an alternative to the exploitative tendencies of traditional finance. Bitcoin though without a spelled-out yardstick for measuring its popularity has just been noted by a Reddit user to have gained more subscribers than the sex subreddit channel as well as the…