With the market set for another down day, we’re talking new data on Bitcoin diversification for traditional portfolios, taking a look at shifting tactics in the mining hardware industry, traditional bonds issued, then redeemed on the Ethereum blockchain, and more. Having trouble with the embedded player? You can download the MP3 here. Tune in as […]
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WeBank, a digital bank that makes loans to small businesses and individuals, has become the first technical infrastructure provider for the nation’s blockchain network. The Shenzhen-based company will provide the Blockchain-Based Service Network (BSN) with its patented open consortium chain FISCO BCOS, according to a Chinese state media report. Rather than a single blockchain, the […]
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. It’s apt that Nic Carter’s favorite book is Candide, a satirical novella published during the age of enlightenment. It’s a story of a sheltered man coming to terms with […]
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Denmark’s tax authority, the Skattestyrelsen, has been sending letters to cryptocurrency users it suspects of tax avoidance, demanding a range of information about their trading activities. In the letters, the Skattestyrelsen further asks recipients to amend previous tax returns based on their crypto activities and warns of penalties for non-compliance, according to a blog post […]
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Spanish banking multinational Santander has redeemed a bond worth $20 million that it issued on the public ethereum blockchain in September. With the move, John Whelan, head of Digital Investment Banking at Santander and chairman of the Enterprise Ethereum Alliance, hailed the technology as a real-world solution for securities issuance. In a tweet posted Tuesday, […]
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China Construction Bank, one of the nation’s “Big Four” state-owned commercial banks, launched a blockchain-based platform to support the financing of small businesses on Friday. The bank aims to help small and micro companies sell their financial claims such as short-term notes receivable at a discount in return for immediate cash payments via the platform, […]
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View Bitcoin risks falling to key support near $7,087 (Dec. 4) with charts indicating bearish sentiment is still quite strong. Acceptance below $7,087 would open the doors for a re-test of recent lows near $6,500. A high-volume move above $7,870 (Nov. 29 high) is needed to confirm a short-term bullish reversal. Bitcoin is again operating […]
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Saga Monetary Technologies has finally launched its SGA stablecoin, and it’s already planning to break away from its pegged basket of currencies. SGA, the basket-backed stablecoin envisioned last year by the Saga Foundation, is a long-term play tailoring to two very different goals of the crypto market: being a (relatively stable) store of value and […]
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Bitcoin’s scheduled mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate. The projection by Charles Hwang, managing member of the hedge fund Lightning Capital and an adjunct professor at Baruch College, represents a multiple of bitcoin’s current price around $7,500. Hwang […]
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Swiss financial startup Amun has won an approval from the Swedish Financial Supervisory Authority (SFSA) to widen its offering of crypto-based financial products to retail investors in the European Union. The company said in an announcement on Tuesday that the EU member state regulator has cleared a base prospectus filed by the firm. With that, […]
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