Coinbase Pro cryptocurrency exchange from Monday, October 7, will increase commissions for customers with a turnover of less than $ 10 thousand per month by 233%. For users with higher trading volumes, fees will not change or even decrease. On October 7, at 5:00 pm PT, Coinbase Pro will implement a new fee structure designed to increase the depth and […]
Author: BlockchainJournal
The development of stablecoins can provoke serious regulatory problems, said Randall Quarles, chairman of the Financial Stability Board (SPS). Speaking at @EBFeu # EBS2019 in Brussels FSB Chair Randal K. Quarles reviews the FSB's first 10 years & considers its future role in an evolving financial system https://t.co/kCqvM44KiG pic.twitter.com/UsUQwyDoY2 – The FSB ( @FinStbBoard) October 3, 2019 “At the moment […]
The apple corporation has no plans to create a digital currency, said Tim Cook, CEO of Apple. In an interview with representatives of the French publication Les Echos, Tim Cook said that the company does not plan to launch cryptocurrencies or any tokens. He believes that caring for currency is the main mission of any government; Cook does not like the idea that some private group creates its own money. According to him, companies should not seek power in this way. At the same time, the giant Facebook has a different opinion. The crypto project Libra, within the framework of…
Indian cyber police have lost access to $ 1.2 million from the sale of confiscated bitcoins due to blocking accounts by the country's Reserve Bank (RBI). According to The Times of India, law enforcement officers in Pune last year seized 244 MTCs during an investigation into the cryptocurrency pyramid GainBitcoin. The police hired Discidium Internet to convert cryptocurrencies to rupees. Subsequently, law enforcement officers tried to translate […]
Vanguard Group is testing a blockchain platform that will allow asset management companies to trade cryptocurrencies, avoiding interaction with large investment banks. Vanguard Group, an American investment corporation, has been working with blockchain technology for over two months, and several transactions have already been completed as part of the testing. It is estimated that if successful in the foreign exchange market with a daily turnover of $ 6 trillion, significant changes may occur – Vanguard will be able to surpass such large companies as JPMorgan Chase and Deutsche Bank AG, which have been leaders in the last decade. Campbell Adams,…
A full launch of the Telegram Open Network will take place on time. The company informed investors about this in a recent newsletter, adding a few details. According to the letter, the TON core network will be launched later this month. That October is crucial for the project: if Durov did not have time to launch the project, investors would have every right to demand their money back. Many have already begun to doubt that such an advanced blockchain will be able to be completed in such a time, but now these doubts disappear. In addition to confirming the launch…
An analyst at PlanB, known for developing the stock-to-flow (S2F) statistical model for Bitcoin (BTC) , claims that the leading cryptocurrency has entered the next stage of its market cycle. The S2F ratio is calculated as the current offer of the asset divided by the new issue over the specified period of time, and is used to determine its deficiency or excess. Typically, it applies to commodities such as gold, which has the highest S2F ratio, which indicates the limited availability of new revenue compared to an existing offer. “The fractal dimension of Bitcoin indicates that we are entering a…
BitGo custodian solutions provider offered customers the opportunity to receive passive income on the cryptocurrencies Dash (DASH) and Algorand (ALGO). BitGo is excited to announce it has acquired Hedge and launched staking for #cryptocurrencies. https://t.co/0lN9f3UK8W pic.twitter.com/2DmQ73JfVa – BitGo (@BitGo) October 3, 2019 Holders of these coins can expect an annual yield in the range of 7-13%. “Staking provides an opportunity to generate revenue […]
The economic crisis in Venezuela lasts for many years, the country tried to cope with it several times using blockchain technology . At a recent press conference, President Nicolas Maduro announced that the government will use cryptocurrencies to make national and cross-border payments without commission. It seems that President Maduro is looking for new ways of calculating for the Venezuelan people: “The Venezuelan Minister of Finance and the Central Bank of Venezuela have new tools that will work very soon, as a result, everyone will be able to make banking operations, as well as national and cross-border payments through the…
The American company Coinbase announced the launch of the USDC Rewards program, under which customers will be able to receive 1.25% per annum for storing each USD Coin coin on the site. USD Coin – stablecoin supported by the reserve currency USD. The price of the coin is stable, the holder can exchange it for a dollar at any time. Meanwhile, the cryptocurrency of the exchange allows its users to transfer funds instantly and free of charge, while storage is carried out without any financial intermediaries. In order for a certain profit to accrue to customers, it is not necessary…