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” Top 5 cryptocurrencies to watch this week: BTC, ADA, XLM, XMR, MANA “ The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to avert this negative occurrence. Although sentiment remains negative, Arthur Hayes, former CEO of derivatives giant BitMEX, anticipates…
” Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve “ The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same time, Bitcoin’s (BTC) 3.5% and Ether’s (ETH) 1.6% gains…
” Here are 3 altcoins that could surge once Bitcoin flips $35K to support “ Bitcoin (BTC) and the wider cryptocurrency market are taking a breather after the rally on May 31. Meanwhile, most altcoins remain severely oversold, with most between 70% and 90% below their all-time highs. Total altcoin index capitalization What is clear…
” Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month “ May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows. Chain (XCN), a protocol designed to…
” MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador “ MoneyGram International, one of the world’s largest cross-border transfer services, is partnering with the Stellar blockchain to create a stablecoin-based platform for money transfers. The new service will allow Stellar wallet users to send Circle’s USD Coin (USDC) to recipients,…
” Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC “ Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The…
” WEF 2022: Blockchain community breaks stereotypes at Davos “ On the second day of Global Blockchain Business Council’s (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion focusing on the direction that the financial industry is going. Panelists included the co-founder and CEO of Soramitsu, Makoto Takemiya; Treasury executive…
“# Tribal Credit raises $40M in ‘hybrid’ debt round funded by dollars and stablecoins ” Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America. The so-called hybrid debt round was…
“# Crypto in the House: Execs on the march, US partisan politics and Web3 ” On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with…
“# Ukrainian bank uses Stellar to launch electronic hryvnia pilot ” Tascombank, one of the oldest commercial banks in Ukraine, is launching a Stellar-based pilot for Ukraine’s national fiat currency, the hryvnia. The Stellar Development Foundation (SDF) announced on Dec. 14 a private electronic hryvnia pilot launched by Tascombank and fintech company Bitt. The electronic…