Monthly Archives: November 2019

Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains

Stellar takes the lead with 20%, while Bitcoin’s price hovers above the $9,300 price mark and the crypto markets continue to show upward price momentum. Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the moon with gains of more than 20%. Cryptocurrency market daily overview. Source: Coin360 Bitcoin was trading close to the $9,400 price mark for a large part of the day but is showing […]

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Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

U.S. pro-crypto Rep. Warren Davidson promotes blockchain’s promise in American manufacturing in response to public fears in the face of technology. United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance. On Nov. 4, Davidson published a letter in the Wall Street Journal in response to an Oct. 24 report on automation in manufacturing. The congressman urged the U.S. government to encourage innovators to stay in the country. The letter read: “If we allow fear […]

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New Hire to Head Digital Currency Research at the US Fed

The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar. Also read: Why Central Banks Are Not Designed for Democracies Federal Reserve to Hire Retail Payments Manager Geopolitics is a fast paced, high stake game and no major player can afford to ignore the surprising moves of their […]

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Users Can Now Buy Bitcoin on DropBit Using Apple Pay or Google Pay

On November 5, 2019, Bitcoin-focused product hub Coin Ninja announced that, through a collaboration with cryptocurrency payments company Wyre, users can now buy bitcoin directly on the DropBit app with Apple Pay and Google Pay. Coin Ninja calls DropBit its “Venmo for bitcoin,” a bitcoin wallet and payment service particularly designed to help Bitcoiners send BTC to those who don’t own any. And it positioned this announcement as progress in its efforts to make DropBit the fastest and easiest on-ramp for bitcoin. Coin Ninja claimed that bitcoin […]

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Oxfam’s Blockchain-Based Agricultural Insurance Pays Farmers in Sri Lanka

Charity organization Oxfam announced the success of its blockchain-based delivery system of microinsurance to farmers in Sri Lanka. The United Kingdom-based charity organization Oxfam International announced the success of its blockchain-based delivery system of microinsurance to paddy field farmers in Sri Lanka. In a Nov. 4 press release, Etherisc announced that Oxfam’s blockchain-based insurance system had made pay-outs to Sri Lankan farmers who continue to risk losing their crops due to extreme weather events. Blockchain reduces costs and increases pay-outs Oxfam in Sri Lanka, together with its […]

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UK-Based Electric Bike Company Launches SLP Reward Token

On November 5, Cryptophyl.com, the SLP-centric trading platform, announced a commercial partnership with the bicycle company Toba Electric Bikes using SLP technology. Toba sells electric bikes for bitcoin cash and the company’s SLP token will be used for customer rewards. Moreover, Cryptophyl plans to list the token called ‘toba’ on the exchange for trading on November 15. Also Read: Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement Cryptophyl and Toba Electric Bikes Partner to Bolster SLP Technology A collaboration between Cryptophyl.com and Toba Electric Bikes […]

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Coinbase Legal Chief Wants Private Sector to Create US Digital Dollar

Coinbase’s legal chief Brian Brooks believes the private sector should be responsible for creating the United States digital dollar. Coinbase’s legal chief, Brian Brooks, feels that the United States government should take a step back and allow the private sector to create the U.S. digital dollar. Private sector should build the technology In a Fortune piece on Nov. 4, Brooks asked whether the U.S. government should create the digital dollar, or whether the private sector can do so more effectively. The answer to that question, according to […]

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Cutting Edge Ideas Converge at Money20/20

This is a sponsored article on behalf of Money20/20. What’s the next milestone for fintech? How will the latest wave of financial products and services alter the worldwide money landscape? When will cryptocurrencies and blockchain technology achieve mass acceptance in the payments industry?  These were among the many questions explored at Money20/20, a global conference on the future of money held from October 27 to 30, 2019, in Las Vegas. Featuring prominent thinkers and experts in payments, banking, fintech and financial services, this conference provided ample opportunities […]

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Official: Binance Chain and BNB Will Be Traceable via CipherTrace

CipherTrace’s support for BNB and Binance Chain will not affect Binancians’ security and data protection, Binance COO Samuel Lim says. American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB). CipherTrace to increase AML checks on Binance Chain Binance Chain, a public blockchain of major crypto exchange Binance and the underlying blockchain for Binance DEX, is expected to improve its AML procedures through CipherTrace, Binance announced on Nov. 5. Specifically, CipherTrace will be providing Binance Chain […]

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Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?

Stellar Lumens’ massive token burn might be the trigger needed to activate a new bullish market cycle on XLM? On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn was designed to provoke efficiency within the Stellar ecosystem. Crypto market data daily view. Source: Coin360 The price of XLM surged 25% after the announcement this triggered the market to become bullish […]

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