Tag "cryptocurrency"

Digital Asset Adoption Gains Momentum With US$26 Billion in Bitcoin Transactions

Bitcoin’s recent price surge has accelerated institutional adoption of cryptocurrencies leading to institutional investor pouring an estimated US$26 billion into bitcoin over the past eight months, an analysis by SNGLR Group shows. In its second report part of the Digital

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Google Trends: Interest in Bitcoin Spikes Amid Price Rally to New All-Time High

The price of bitcoin surged to a new all-time high, crossing US$23,700/BTC on Thursday. The climb brings the cryptocurrency’s year-to-date gains above 200%. The price rally, which began in early October and accelerated towards the start of December, pushed general

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Gentwo Digital, a Securitization Specialist for Bankable and Unbankable Assets

Startups have been amongst the hardest hit companies as the COVID-19 pandemic shuts down economies. In Switzerland, four of five blockchain companies located in the so-called Crypto Valley are looking at bankruptcy within the next six months, and 88% believe

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Crypto Market Down Amid COVID-19 Crisis: Crypto Valley Startups Impacted

The COVID-19 pandemic has put a toll on the crypto market, which close Q1 2020 at a 5.03% loss, according to CoinGecko’s newly released Q1 2020 quarterly cryptocurrency report. 2020 started strongly with the market rallying to nearly US$300 billion

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Crypto Could Become A Reality Over The Next Decade, Says Deutsche Bank Report

Until now, cryptocurrencies have been additions rather than substitutes to the global inventory of money, but over the next decade, this situation may change, according to Deutsche Bank’s Imagine 2030 report, which looks at the bank’s predictions for the 2020s.

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Swiss Central Banker: Stablecoins Hold Promise for Widespread Deployment

Though cryptocurrencies and cryptocurrency-based tokens “are more like speculative investment instruments” and are unlikely to reach mainstream adoption, stablecoins, which are pegged to stable, official currencies, “hold greater promise for widespread deployment as a payment instrument and store of value,”

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Europe’s Largest IEO Comes from Austria, €43.6M Raised

Bitpanda, a Vienna-based crypto startup, has launched a new digital asset exchange, called Bitpanda Global Exchange  after raising EUR 43.6 million in the largest initial exchange offering (IEO) in Europe. On August 6, Bitpanda sold out its IEO for the

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Libra: Despite Claims, Facebook Has Yet To Contact Swiss Data Protection Authority

During a hearing in the US Senate, David Marcus, the head of Facebook’s digital currency project Libra, said that Swiss authorities will be overseeing data and privacy protections for its Libra cryptocurrency. But a spokesperson for the Federal Data Protection

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New Research Finds Proliferation Of “Flash Boys” Trades On Crypto Exchanges

A new study by researchers at Cornell Tech and several other universities has discovered that “Flash Boys”-like trading manipulation is rampant on certain cryptocurrency exchanges, especially decentralized exchanges (DEXes). The study, titled Flash Boys 2.0: Frontunning, Transaction Reordering, and Consensus

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15 Crypto Companies in Switzerland to Watch Closely in 2019

The canton of Zug, located in the heart of Switzerland, has become famous in the cryptocurrency industry for becoming the hottest destination in the world for blockchain businesses. Zug, or Crypto Valley, offers a powerful platform for global growth due

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