First Digital Trust, a subsidiary of Hong Kong Legacy Trust which offers services of trading and conservation for the cryptocurrencies like Bitcoin, received an investment from $ 3 million. According to a press release, Nogle's venture capital firm, Nogle Capital Management, led a seed round of $ 3 million for First Digital Trust. Based in…
The Bitcoin (BTC) price finally broke the $ 8,500 support, but in a volume and an open position clearly decreasing. What is the good interpretation ? Key technical factors of the article: The bitcoin price has lost 20% since the start of the stock market shock linked to Covid-19, after having gained 50% over the…
Following the recent decision of the Indian Supreme Court, the American Kraken announced that it will re-hire resources to develop its crypto-trading in the country. Following cancellation the Indian central bank's anti-crypto circular, Kraken will now focus more on the huge country of South Asia and its 1.3 billion people. The Californian firm was already…
On Twitter, the CEO-founder of Brave said his Web browser now attracted more than 12 million monthly users and 4 million daily users. Between January and March 2020, the number of people using the privacy-oriented, cryptocurrency-based business browser daily increased by about 15% from 3.5 million to 4 million, says Brendan Eich, the initiator of…
Bitcoin's price dropped more than 4% in an hour – from the price of $ 9,224 to $ 8,851 – after 52 hours of battery life with low volatility and volume. The sudden drop led to a loss of $ 19.25 million on BitMEX and $ 1.5 million on Bitfinex according to statistics from Datamish.com,…
Medici Ventures and Eden Block have invested in GrainChain, a startup that uses technologies blockchain and IoT to empower farmers and improve supply chains on the agricultural market worldwide. According to a press release, Overstock via its blockchain incubator Medici Ventures, bought for $ 5 million of actions GrainChain. The American e-commerce company had already…
BaFin closes Bitcoin ATMs in Germany. The Federal Financial Supervisory Authority (BaFin) in Germany has started to close unauthorized Bitcoin ATMs in the country. The activity with cryptocurrencies is more recently regulated in accordance with the German Banking Law. Under this law, ATM operators must be licensed by BaFin. One of the companies that has…
Bitcoin price suffered another significant drop on Sunday, losing over $ 800. Fortunately, the congestion of shoppers at $ 8,000 has generated temporary support. Unfortunately, this support seems to be quite fragile, and Bitcoin seems to continue to decline. Analysts say that Bitcoin bulls have to defend their support at $ 8,000, as future developments…
Multinational telecommunications company Vodafone is exploring blockchain technology in an attempt to improve its supply chain and verify its suppliers. This is a solution developed last year by IBM and Chainyard called Trust Your Supplier. The founding members of the project include, besides Vodafone, numerous other big names such as Lenovo, Cisco, Schneider Electric, Nokia…
The legal situation of cryptocurrencies was positive in the first week of March 2020. Initially, the Supreme Court of India overturned the ban on activities related to Bitcoin and crypto imposed two years ago by the central bank. Secondly, South Korea has adopted legislation that clarifies cryptocurrency trading in the country. The topic of Bitcoin…
