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“# Visa working on blockchain interoperability hub for crypto payments ” Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC). According to an official announcement on Thursday, Visa’s research team is working on a…
“# Switzerland national postal service to debut crypto stamp ” The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps. On Sept. 20 the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to…
“# CoinEx crypto exchange to remove all mainland China users in October ” CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations. The company officially announced on Thursday that it was going to completely retire user accounts verified as mainland China citizens as well as those linked to a…
“# Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading ” Bitcoin (BTC) erased overnight gains on Sept. 30 as sudden problems at major exchange Bitfinex caused a mass outage. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex investigates mystery shutdown Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
“# China’s crypto holdouts: Bitcoin nodes and OTC desks struggle on ” Despite Beijing’s ever-increasing crackdown on the crypto industry, there are still some signs of life in the People’s Republic regarding the Bitcoin network and OTC trading. China intensified its clampdown on crypto last week in an effort to suppress any remaining activity related…
“# Traders identify $41K as Bitcoin’s key support to hold for the short-term ” Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China’s crypto crackdown and uncertainty about the regulatory landscape in the United States continue to weigh heavily on Bitcoin (BTC) and some of the larger-cap altcoins. Data…
“# Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI ” Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to deepen the correction. Tesla CEO Elon Musk said at the Code Conference in California recently that…
“# Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder ” “Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph. Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play…
“# Bitcoin yet to prove inflation hedge status, but the time may come soon ” For years, the narrative surrounding Bitcoin (BTC) has been one which has portrayed the digital asset as being a hedge against monetary inflation. This is because inflation figures have been on the rise across the board over the last couple…
“# Bitcoin ‘FOMO rally’ long overdue that could see BTC price top $200K — Bobby Lee ” Bitcoin (BTC) is long overdue “FOMO rally” to new all-time highs which could touch $200,000 or more, says one of its oldest investors. In an interview with Bloomberg on Sept. 29, Bobby Lee, former CEO of exchange BTCC,…