Please share if you find this article interesting. Simetri Research Launches Dashboard for Short-Term Crypto Traders Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Closing the information gap Crypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to meet the informational needs of short-term crypto traders, who prefer to actively buy and sell rather than hodl. Some insights the platform offers include entry and exit prices and near-term price projections accompanied by researcher rationales. Simetri is currently only offering the service to Simetri
Please share if you find this article interesting. Xendpay Joins RippleNet to Expand Global Money Transfer Services Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to facilitate money transfers via other forms of currency, especially Ripple’s XRP. New capabilities with RipplePay As stated in the announcement, Xendpay previously had trouble offering services with smaller currencies. Offering a smaller currency involved establishing direc
Please share if you find this article interesting. Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings. U.S. startups look for Japanese partnerships The Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack PBC CEO and co-founder Muneeb Ali reportedly remarked that United States-based startups typically partner with businesses in Japan. Ali further discussed the advantages of conducting crypto business in Japan. He said: “Japan is a very interesting market for crypto because it has clarity around regulations.
Please share if you find this article interesting. Report: Rwandan Central Bank Looks to Issue Official Digital Currency Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency. BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial Stability Director-General Peace Masozera Uwase remarked that work remains to be done before implementation is on the table: “There are still concerns about how exactly you convert the entire currency into digital form, how to distribute that and how fast can you process those transactions [...] Challenges come in, if technology is down how do
Please share if you find this article interesting. Pundi X Expands Crypto Payments to Venezuelan Department Store Chain Cryptocurrency startup Pundi X has partnered with major Venezuelan chain Traki, who will now offer Pundi X’s blockchain-based point-of-sale devices for crypto payments. Pundi X announced the expansion in an official blog post on Aug. 20. The device, called XPOS, will reportedly allow Traki’s customers to pay with top cryptocurrencies Bitcoin (BTC) and Ether (ETH), as well as a number of other cryptocurrencies and Pundi X’s native tokens. Traki’s progressive use of crypto With 49 outlets in total, Traki is one of Venezuela’s largest department store chains, per the report. Co-founder and CEO of Pundi X Zac Cheah remarked: “Traki has been one of the early adopter
Please share if you find this article interesting. Bitcoin Price Stays Above $10,000 as Overall Crypto Market Sees Green Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360 Bitcoin is trading over $10,120 at press time, representing a 0.08% price increase on the day. One analyst, a senior qualitative researcher at crypto investment fund Ikiga named Hans Hauge, believes that BTC is still in the middle of a bull run. According to Hauge, the Bitcoin Days Destroyed (BDD) metric — which is a measure of the time between movements for some amount of Bitcoin — shows that BTC is not ye
Please share if you find this article interesting. Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Expanded access to DApps Per an official blog post on Aug. 22, Coinbase Wallet’s users can now use their DApps on any desktop browser through WalletLink, which serves as a bridge between customers’ Coinbase Wallet app and desktop browser. As of press time, Coinbase has tested WalletLink with browsers such as Google Chrome, Mozilla Firefox, Microsoft Edge, Opera and blockchain-based decentralized browser Brave. The company plans to add support for native mobile apps and more currencies in the futur
Please share if you find this article interesting. MouseBelt Launches Blockchain Initiative Across Three UC Campuses Blockchain accelerator MouseBelt has launched a blockchain education initiative at three UC universities. Blockchain education at U.S. universities In a press release shared with Cointelegraph on Aug. 22, Mousebelt announced an initiative with UC Davis, UC Los Angeles and UC Santa Barbara to support blockchain-focused education, research, and entrepreneurship. Per the release, the firm will provide an initial donation to be divided between the three campuses. Mousebelt plans to invest $500,000 for student projects and raise another $500,000 to fund researchers directly, supporting up to five early-stage companies with up to $100,000 in investment through an UC Bloc...
Please share if you find this article interesting. 7,000+ Sign Petition Against Drafted Cash Restrictions in Australia More than 7,000 people have signed a new petition against drafted cash restrictions in Australia, different drafts of which include and exclude digital currencies from proposed limits. Earlier this week, Robert Barwick, director at the Citizens Electoral Council of Australia, initiated a petition against the proposed "Currency (Restrictions on the Use of Cash) Bill 2019" recently introduced as an explanatory draft by Australia’s parliament. The drafted bill specifically proposes banning cash transactions over 10,000 AUD ($6,900), including transactions involving digital currencies. Preventing cash usage in illicit activities? The impetus for the bill purportedly
Please share if you find this article interesting. How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash - Bitcoin News On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID. The advanced form of SLP token creation allows people to use the system to create unique assets like gaming items, collectibles, and digital media rights. Also read: Social Network Memo Adds Decentralized SLP Token Exchange How to Create an NFT1 Type SLP Token Using the Electron Cash Wallet The Simple Ledger Protocol (SLP) is celebrating its first anniversa...