Blockchain 

Bitcoin ETF’s | The Potential Launch Could Create a BTC Rally

The launch of Bitcoin ETF’s could drive Bitcoin (BTC) price higher. Although the SEC has previously denied permitting Bitcoin ETF trading, two asset management firms have collectively submitted a new application to introduce regulated Bitcoin ETF’s (Exchange-Traded Funds). SolidX Management LLC and New York-based asset manager Van Eck Associates Corp said their new product would cover all the concerns that the SEC has highlighted in their previous denial. “I believe that Bitcoin has emerged as a legitimate investment option, as a type of ‘digital gold’ that may make sense for…

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Blockchain 

OPACITY LAUNCHES CRYPTO FILE STORAGE

HomePress ReleaseOPACITY LAUNCHES CRYPTO FILE STORAGE Opacity focuses on privacy, security, and a familiar user experience. SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as email, name, or payment information is ever required or stored. The new Opacity 128GB storage plan accepts payment in OPQ tokens for 1 year of storage service with unlimited…

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Blockchain 

Ethereum (ETH) Soars 8%, Outperforms the Broader Cryptro Market

Ethereum (ETH) and the crypto market have today seen a sudden surge in buying pressure, allowing them to continue with the upward momentum that has been exhibited in the last few months. Analysts believe that Ethereum will continue with the upward trend in the near term and could outperform Bitcoin in the long term because of the increasing adoption of Ethereum by companies such as Ubisoft. Ethereum Up 8% in the Last 24 Hours Currently, ETH is trading around 8% up its present price of $259.50, gaining significantly in the…

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Blockchain 

Bakkt Announces Bitcoin Futures Launch Date in July

As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier today, Bakkt chief operating officer Adam White wrote: “On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its bitcoin futures listed and traded at ICE Futures U.S. and…

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Blockchain 

Coinbase Debit Card to be Available in Six More European Countries

In April, cryptocurrency exchange Coinbase launched its Visa Coinbase debit card in the UK. Coinbase has announced that, as of Wednesday, it will be launching the Visa debit card in France, Spain, Germany, the Netherlands, Italy, and Ireland. Coinbase Debit Card Showing Strong Adoption The debit card allows Coinbase account holders to use digital currencies such as Ethereum, Bitcoin, and Litecoin to pay for purchases in retail outlets and online for traders that accept Visa. Zeeshan Feroz, the Coinbase UK CEO, stated that the aim of the card is to…

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Blockchain 

Legal & General Partners with Amazon to Develop Blockchain System

It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what British insurer Legal & General did. Yesterday, Legal & General, a multinational British insurer, announced that it’ll be working with Amazon to develop a blockchain system. Here’s everything we know. Legal & General and Amazon: A Blockchain Partnership On June 11, Reuters said the multinational British insurer is now working with Amazon to create a blockchain system specifically for corporate pension deals. By using Amazon Web…

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Blockchain 

Ubisoft Developing Blockchain-Based Marketplace to Buy In-Game Items

According to French financial publication Les Échos, software giant Ubisoft is exploring potential blockchain applications in gaming. The move to blockchain is said to give the gaming firm a competitive edge in the gaming world. Ubisoft Blockchain Applications in Gaming Ubisoft has allegedly been exploring blockchain applications for months under the radar. And now it has already established one particular use for the technology that would serve as a lucrative edge. As Les Échos describes, Ubisoft plans to place intra-game virtual objects onto the blockchain and then monetize them. These virtual…

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Blockchain 

Visa B2B Connect | Cross Border Enterprise Payments on the Blockchain

Visa announced today that it is entering the $125 trillion money-transferring market and using blockchain technology to do so. Its new product, Visa B2B Connect, is newly launched and allows businesses to transfer money across the globe faster and safer. Let’s check this out. Visa B2B Connect The company has its sights set on cross-border, business-to-business (B2B) transactions, where banks transfer money on behalf of corporate customers. The global money behemoth is using blockchain in order to make these payments faster, cheaper, and more transparent. Its newly launched distributed-ledger called B2B…

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Blockchain 

Litecoin Continues Its Robust Performance, Hits New 52-Week High

In the last five months, Litecoin (LTC) has performed exceptionally in the cryptocurrency market and has grown 3.5 times. On Monday, Litecoin’s price grew to its highest level in the last 12 months, rising to $128.07. The last time the price of the coin came close to that was last year on May 23 when it traded at $126. LTC Performing Well Despite Market Fluctuations Currently, Litecoin is defying odds and continues to perform well despite the current market fluctuations. There has been mass adoption of Litecoin that is driven…

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Blockchain 

The Latest in Cryptocurrency Regulations and the G20 Summit

Cryptocurrency regulations seem to be gaining traction across the globe with the latest to call for regulation being the G20 finance ministers and central bank governors. The ministers and governors have asked the Financial Stability Board and the global standards-setting organizations to collaborate in the monitoring of cryptocurrency risks. Call For More Cryptocurrency Regulations In a note, G20 finance ministers indicated that they are welcoming the directory of FSB of cryptocurrency regulation. The statement indicated that although cryptocurrency does not pose a risk to the financial stability of the world…

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