TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Crypto exchange Coinbase adds support for British Pound for UK customers
Cryptocurrency exchange Coinbase has enabled deposits and withdrawals in the British pound (GBP), the company announced on Thursday. Coinbase U.K. chief executive Zeeshan Feroz made the announcement in an online post.…
· Business
- IHS Markit estimates global blockchain business value to surge to $2 trillion by 2030
IHS Markit, a leading provider of critical information, analytics and solutions, has estimated that global blockchain business value to increase from $2.5 billion in 2017 to $2.0 trillion in 2030. Blockchain business …
· Technology
- Japan’s SBI Holdings to launch cryptocurrency derivatives platform, invests in Clear Markets
Japanese financial services giant SBI Holdings is making efforts to create a cryptocurrency derivatives trading platform for institutional investors, a recent report from Nikkei Asian Review has revealed. SBI Crypto I…
· Business
- FxWirePro: BTC/USD consolidates in narrow range, further weakness on close below 21-EMA
BTC/USD is consolidating in a narrow range on Thursday after it found support at 90-EMA (Bitstamp). The pair is currently trading at 7644 levels at the time of writing. On the topside, the pair faces immediate resista…
· Investing
- US Treasury department proposes regulatory sandbox to foster fintech innovation
The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landscape to better support nonbank financial institutions, embrace financial technolo…
· Regulation
- Blockchain entrepreneurs react to Bloomberg’s report on slowdown in blockchain space
In an article published earlier this week, Bloomberg said that blockchain-based projects may be suffering a slowdown. The article referred to a recent report from Forrester Research that estimated that in 90 percent o…
· Insights & Views
- Queensland government invests in crypto-based travel and tourism startup TravelbyBit
The government of Australian state of Queensland has announced a grant to a cryptocurrency startup TravelbyBit. TravelbyBit, a digital currency payments platform for the travel and tourism industry, is one of 70 compa…
· Business
- Shwe Bank to enable blockchain-based remittances in Myanmar-Thailand corridor via Everex partnership
Blockchain startup Everex has entered into a partnership with Myanmar’s Shwe Urban & Rural Development Bank to facilitate blockchain-powered digital remittance services between Myanmar and Thailand. Back in 2016, the …
· Technology
- Overstock.com subsidiary to build blockchain land titling program for Zambian government
Medici Land Governance (MLG), a blockchain-based property rights subsidiary of e-commerce giant Overstock.com, has signed a Memorandum of Understanding (MOU) with the government of Zambia to develop a program for syst…
· Technology
- FxWirePro: ETH/USD struggles told trend line support at 420, stay short
ETH/USD plunged to 412 levels as it breached trend line support joining 360 and 404.22. The pair is down nearly 12 percent so far this week and is currently trading at 420 levels at the time of writing (Coinbase). On …
· Investing
- City of Vienna collaborates with EY to use blockchain to enhance security of government data
EY has revealed the details of its collaboration with the City of Vienna that seeks to leverage blockchain technology to simplify and automate administrative processes. The company said that it has been working with t…
· Technology
- Former Credit Suisse crypto expert joins Morgan Stanley
Investment banking giant Morgan Stanley has hired former Credit Suisse crypto expert Andrew Peel as its head of digital asset markets, Finance Magnates reported referring to Peel’s LinkedIn profile. Peel, who has been…
· Business
- NFL Players Association buys minority stake in blockchain startup SportsCastr
The National Football League Players Association (NFLPA) has acquired a minority stake in SportsCastr, a live-streaming platform that allows anyone to become a color commentator. The minority stake has been acquired t…
· Business
- FxWirePro: BTC/USD finds support at 90-EMA, good to go short on break below
BTC/USD briefly fell below 7500 levels on Wednesday as it broke below 10-DMA support (Bitstamp). The pair is over 10 percent down since it hit near 8300 levels and is currently trading at 7537 levels. According to Reu…
· Investing
- Ripple announces Bill Clinton as Swell keynote speaker; collaborates with Madonna’s Raising Malawi initiative
Blockchain startup Ripple has announced Bill Clinton, the 42nd President of the United States, as the keynote speaker for Swell, a conference bringing together world’s leaders in policy, payments and technology. To be…
· People
- Northern Trust helps three hedge funds in cryptocurrency investments
Financial services company Northern Trust has reportedly begun opening its fund administration services to cryptocurrency hedge funds, while integrating blockchain technology to its private equity business. Speaking w…
· Business
- Israeli firm eMusic seeks $70M to bring blockchain to music distribution and royalty management
eMusic, an Israeli digital music store, is seeking to raise $70 million to build a blockchain-based music distribution and royalty management platform, Reuters reported. The company aims to leverage Ethereum blockchai…
· Business
- Cryptocurrency exchange Binance acquires Trust Wallet
Binance, the second largest cryptocurrency exchange in terms of 24-hour trading volume, has acquired Trust Wallet, a secure and intuitive mobile wallet. Founded in 2017, Trust Wallet is an open source, decentralized a…
· Business
- FxWirePro: ETH/USD rejected at 50-DMA resistance, eyes key support at 420
ETH/USD is trading deep in the red on Tuesday as it broke below the trend line joining 404.22 and 441. It is currently trading at 434 levels at the time of writing (Coinbase). On the upside, the pair faces stiff trend…
· Investing
- CryptoCompare to integrate data of 50 cryptocurrencies into Thomson Reuters Eikon
Thomson Reuters, the leading mass media and information firm, has partnered with cryptocurrency market data aggregator CryptoCompare to supply cryptocurrency data for 50 coins into its financial desktop platform Eikon…
· Investing
- DCEX to launch blockchain-based crypto-to-crypto marketplace with XRP as base currency
Cryptocurrency marketplace DCEX has announced that registrations are now open for the first digital currency exchange that will utilize XRP as its exclusive base currency. Powered by AlphaPoint blockchain technology, …
· Business
- Agricultural Bank of China completes loan issuance using blockchain technology
The Agricultural Bank of China (ABC), one of the “Big Four” banks in the People’s Republic of China, has used blockchain technology for the issuance of a loan worth 2 million yuan (approximately $300,000), CoinDesk re…
· Technology
- Litecoin creator Charlie Lee joins HTC Exodus as advisor
Litecoin creator Charlie Lee on Sunday announced that he is joining the team behind the HTC’s upcoming blockchain smartphone “Exodus” as an advisor, while confirming that the new phone will support LTC and Lightning N…
· Business
- FxWirePro: BTC/USD rangebound below 200-DMA, break above to see further upside
BTC/USD fell to 7853 levels on Monday before closing at 8160 levels (Bitstamp). The pair is currently trading at 8125 levels as it tries to hold key support at 10-DMA. On the topside, resistance is seen at 8336 (trend…
· Investing
- Dubai heads towards blockchain-powered judicial future
The Dubai International Financial Centre (DIFC) Courts, in partnership with Smart Dubai, has announced its plans to create the world’s first Court of the Blockchain. The project, aimed at creating a blockchain-powered…
· Regulation
- Argentina to launch blockchain platform for public and private sector
A number of Argentinean organizations are teaming up to develop a multi-service blockchain platform. NIC Argentina, the Argentine Internet Chamber of Commerce (CABASE) and the Universities Association for Interconnect…
· Technology
- Arizona State University, Dash explore blockchain scalability issues in new research
The Arizona State University Blockchain Research Lab, in collaboration with leading cryptocurrency Dash, has released new research that highlights some of the scaling challenges and potential opportunities for the Das…
· Technology
- CLS, IBM team up for single shared DLT platform for financial institutions
FX settlement services provider CLS is teaming up with IBM on a proof of concept (PoC) for a distributed ledger technology (DLT) platform that will enable various participants from the financial services industry to d…
· Technology
- FxWirePro: ETH/USD rangebound below cloud, intraday bias neutral
ETH/USD continues to trade in a narrow range on Monday as it faces strong resistance from Ichimoku Cloud. The pair is currently trading at 459 levels at the time of writing (Coinbase). On the upside, a break above 475…
· Investing
- Ethereum’s third anniversary: An industry perspective on the blockchain’s journey
Ethereum, a blockchain platform that gave a new direction to the cryptocurrency ecosystem since its inception, is officially three years old today. The platform continues to serve as the basis for a number of innovati…
· People
- FxWirePro: BTC/USD extends consolidation, break below 1h 200-SMA to see minor downside
BTC/USD is struggling to hold 7-DMA support on Monday and is currently trading at 8130 levels at the time of writing (Bitstamp). The pair surged to near 8300 levels over the weekend after Hester Peirce, the SEC commis…
· Investing
- Future FinTech sets up subsidiary in Beijing to drive blockchain incubation business
Future FinTech Group, a U.S.-based fintech company, last week announced the setting up of a wholly-owned subsidiary, Chain Future Digital FinTech Ltd. Based in Beijing, China Future Digital FinTech was formed on July …
· Business
- Streamr: A blockchain startup wants to give data owners control of where it ends up and who makes money from it
Blockchain-backed data platform Streamr became the first blockchain organization to win the Plug and Play Global Innovation Award for Performance from Europe’s largest innovation platform STARTUP AUTOBAHN. With this, …
· People
- CBA trials Ethereum blockchain for almond supply chain management
Commonwealth Bank of Australia (CBA), in collaboration with five Australian and international supply chain firms, has announced a blockchain trial that involves shipment of 17 tonnes of almonds from Sunraysia in Victo…
· Technology
- Cyprus SEC establishes fintech and regtech-focused innovation hub
The Cyprus Securities and Exchange Commission (CySEC) has established an Innovation Hub in order to address and explore fintech and regtech developments. Expected to become operational in September, the Innovation Hub…
· Regulation
- Remittance firm TransferGo launches cryptocurrency trading facility
TransferGo, a digital remittance company headquartered in London, has announced its cryptocurrency trading facility, allowing customers to purchase and sell five major cryptocurrencies. Quartz had reported in May that…
· Technology
- Swiss financial regulator FINMA launches proceedings against Envion’s $100M ICO
The Swiss Financial Market Supervisory Authority FINMA has announced that it has begun enforcement proceedings against blockchain startup Envion AG for possible violation of financial market law in relation to an ICO.…
· Regulation
- Iran to launch its own cryptocurrency
The government of Iran is making efforts to launch its own cryptocurrency in a bid to bypass international financial sanctions, Bitcoin.com reported referring to Iran’s Press TV. The move resembles similar such initia…
· Regulation
- FxWirePro: BTC/USD slips below 8000 on SEC’s rejection of Winklevoss’ bitcoin ETF, finds support at 7-DMA
BTC/USD plunged to 7853 levels after the U.S. Securities and Exchange Commission (SEC) rejected the second attempt by the Winklevoss twins to launch a cryptocurrency exchange-traded fund (ETF). The downtrend has found…
· Investing
- Indian state of Telangana to ink MoUs for blockchain adoption
The Indian state of Telangana is going to sign memorandum of understandings (MoUs) with blockchain players to adopt the technology in some government applications, the Press Trust of India reported. The state governme…
· Regulation