By the beginning of Christmas, the well-known cryptocurrency exchange Coinbase has added 4 new tokens to its Coinbase Pro platform, namely: Dai (DAI), Maker (MKR), Golem (GNT), Zilliqa (ZIL). The exchange stated that the functionality of the smart contracts of these tokens would not be initially available: Each of these tokens has associated functionality, some of which may be in beta. Moreover, the related functionality of each token is currently not directly accessible through the Coinbase Pro platform. The news about the addition of ERC20 tokens did not come as a surprise to many investors and traders…
Author: BlockchainJournal
American entrepreneur and head of Galaxy Digital Mike Novograz believes that the price of Bitcoin has practically coped with the long bearish trend and will soon be in the corridor between $ 3,000 and $ 6,000. He expressed this opinion in an interview with Bloomberg. He also said that while the global economy is also in serious trouble, macro-trading is becoming even more interesting than the digital currency market. “We are entering a new era of macro trading. Cryptocurrencies already seem so interesting. For many years, macro trading was quite boring, and cryptocurrency caused delight, ”he said. Acknowledging that the…
Reason number 1. Yesterday, Mark Dow, a former economist at the International Monetary Fund and, more importantly, the man who opened the short position right at the beginning of last year’s Bitcoin rally simply closed this position, making a profit. About this Dow said on Twitter: In a telephone interview for Bloomberg, Mark Dow stated: I'm done. I do not want to try to bring it to zero. I do not want to try to squeeze all the juice from this lemon. I don't want to think about it anymore. Looks like it's the right time. He also explained that…
Blythe Masters, one of the most well-known and respected figures in the world of corporate blockchain solutions, left the post of CEO of the New York-based company Digital Asset Holdings, which she occupied for the past three years. The company’s statement said that Masters remains a shareholder, strategic advisors and a member of the board of directors of Digital Asset Holdings. As CEO, she leaves due to personal circumstances. Acting CEO appointed AG Gangadhar, in the past held senior positions in Google, Microsoft, Amazon, Cruise (GM) and Uber, and since April this year, headed the board of directors of Digital…
Roskomnadzor may introduce a new technology to combat banned sites and services, one of which is the Telegram messenger, already in 2019. The Russian authorities are allegedly willing to allocate up to 20 billion rubles for the implementation of new developments, the BBC Russian Service reports, citing informed sources. As the newspaper notes, a new technology is created on the basis of deep packet analysis or DPI. Internet providers presumably use special software and hardware to analyze traffic, isolate and delete packets, specific to specific sites or applications, in this case forbidden. Now Roskomnadzor does not actually fight against Telegram…
Coinmetrics analysts rated the activity in the main Bitcoin network over the past six months. So, from June to November 2018, only 25% of all bitcoins moved. The last and only time such indicators were recorded in the period from May to October 2015, when only 24% of bitcoins were active. Interestingly, the 6 month period since 2010, with only 25% of the BTC active in that period. Only the 6 month period ending Oct. 2015 was lower with 24% of supply active. – CoinMetrics.io (@coinmetrics) December 15, 2018 In Coinmetrics explained that historically within 12 months from 40% to…
If in 2017 trading volumes of bitcoin on Coinbase and GBTC shares at OTC Markets were almost equal, this year Coinbase professional platform significantly surpassed the dynamics of Bitcoin fund from Grayscale Investments, the new Diar report says. For your read: • Institutional Traders Shift to Over-the-Counter Trading Desks? • Banking Meets Bitcoin as #Bitwala Sections Licensed Partner https://t.co/H06KdHa8GB – Diar (@DiarNewsletter) December 17, 2018 So, analysts estimate that during the OTC Markets trading session (31% of trading hours per year), bitcoin trading volumes on Coinbase increased by 20%, while GBTC showed a decline of 35% compared to last year.…
The Swiss Federal Council published a report on Friday, which provides the legal basis for distributed registry technology (DLT) or blockchain, Coindesk reports. The document states that the current rules of Switzerland are suitable for working with new technologies, but the amendments are still necessary. First of all, the council proposed to amend the law on securities in order to increase the legal certainty of crypto tokens : “Since the entry in the decentralized registry available to interested parties is similar to the ownership of securities, it is advisable to give the entry similar legal force.” In addition, according to…
As part of the financing round of Series A led by Arthur Ventures, the Nomics cryptocurrency startup raised $ 3 million. Coinbase Ventures, CoVenture Crypto, Digital Currency Group, BitGo co-founder Ben Davenport, CityBlock Capital, King Capital, PolyMath and TokenSoft are among the investors. “We have a strong balance sheet and a real product and customers. [Of The the Series A] represents a real desire to have equity – Meaning information rights, voting rights etc -. And to invest in real Businesses with people with experience »~ @ClayCollins https://t.co/muYOeuNhpu – Mike Dudas (@mdudas) December 18, 2018 Note, Nomics intends to invest…
TZERO blockchain platform, a division of online retailer Overstock, has entered into an agreement with the investment company GSR Capital. Partners will jointly develop a token for cobalt sales, according to a press release . It is expected that the launch of the token will be held in 2019. With the help of the coin, the partners intend to sell cobalt worth over $ 200 million. tZERO and GSR Capital are also going to create an ecosystem for tokenized goods in Asia to simplify the process of buying and tracking rare mineral supply chains. In addition, the company's plans include…