Crypto EcoBlog
Leading cryptocurrency exchange, Binance is back to China after leaving the country in 2017 due to the ban on crypto trading activities. However, the exchange’s return to China is not for crypto. It is to promote blockchain research and development in the region and across the world. “Binance China” Platform Goes Live Local media reported yesterday that Binance has officially launched a Binance China website. The domain name was registered with the Chinese government as “Binance.cn” in April...
Read More »There’s No Manipulation In CoinMarketCap’s Recent Ranking Changes, According to CZ Binance
Binance CEO Changpeng Zhao (CZ) claimed in a blog post that all projects within the Binance ecosystem operate independently from each other to some extent. CZ outlined that no person nor entity can affect CoinMarketCap’s new ranking system for exchanges, which placed Binance at the first spot.CZ: CMC Works IndependentlyAfter Binance acquired the data tracking company CoinMarketCap in April, both organizations launched a new ranking system for exchanges dubbed Web Traffic Factor. By combining...
Read More »Twitter CEO Jack Dorsey Stacking Sats: Square Cash App Recurring Bitcoin Buys
Twitter CEO Jack Dorsey showed off the ability of the Square Cash app to make daily, weekly, and bi-weekly recurring Bitcoin purchases on May 18. The Square CEO also announced that Cash App users can now view the value of their funds in Satoshis – the ‘cent’ to Bitcoin’s dollar. Jack Dorsey – Stacking Sats Dorsey informed his 4.5 million Twitter followers: “You can now do automatic recurring purchases of Bitcoin in Cash App. Daily, weekly, or every two weeks. And change the display to...
Read More »Institutional Interest: Grayscale Bought 33% of All Bitcoins Mined Over The Past 100 Days
The Grayscale Investments has increased its Bitcoin holdings by 60,000 coins in the past 100 days – equal to roughly one-third of all Bitcoin produced at that time.Given that 88% of Grayscale’s customers fall into the institutional category, this latest finding could be a bullish indicator of how the business class views Bitcoin.Grayscale Rapidly Increasing Bitcoin HoldingsIndependent research posted to a cryptocurrency sub-Reddit tracked the number of Bitcoins in the Grayscale Bitcoin Trust...
Read More »Bakkt Expands Loyalty Program, Increases Insurance Coverage, and Onboards 70 New Clients
Bakkt, the Bitcoin futures contract platform of the Intercontinental Exchange (ICE), has partnered with an insurance broker to increase its coverage by an additional $500m. The company also announced the onboarding of 70 new institutional clients and the expansion of its loyalty program.Bakkt Increased Its Insurance CoverageEarlier today, Bakkt’s President Adam White shared a blog post regarding the latest developments coming from the firm. Firstly, Bakkt has partnered with Marsh – one of the...
Read More »J.K. Rowling Will Probably Never Tweet About Bitcoin Again
The author of the beloved Harry Potter books, J.K. Rowling, recently asked crypto Twitter to explain Bitcoin to her. Needless to say, hundreds of leading community members answered, including some of the most influential cryptocurrency proponents like Changpeng Zhao, Vitalik Buterin, and even Elon Musk. However, the renowned author had her fair share of informational inflow as she vowed never to be “flippant about Bitcoin on Twitter.” J.K. Rowling Had Enough of Bitcoin As CryptoPotato...
Read More »Chamath Palihapitiya And Steve Ballmer Names Involved In Fake Bitcoin Giveaways On YouTube
Founder and CEO of Social Capital, Chamath Palihapitiya, and current Los Angeles Clippers owner Steve Ballmer were the latest popular individuals to had their names involved in fake Bitcoin giveaways on YouTube.With the rising number of similar scams on social media platforms, the question remains on the potential consequences on the community and legitimate cryptocurrency content creators.Steve Ballmer. Photo by: CBSsportsFake Bitcoin Giveaways ContinueDuring the weekend, scammers...
Read More »Raiffeisen Bank Partners With A Blockchain Firm To Test Digitized National Currency Transfers
A new report informed that Raiffeisen Bank International A.G. has successfully tested an end-to-end digitized national currency transfer by partnering with a blockchain-focused company called Billon. The pilot operates as a part of the bank’s tokenization platform, dubbed RBI Coin, and it should be launched by the end of the year.Raiffeisen Bank Tests Tokenization PlatformPer the report from earlier today, Billon developed the tokenization platform during the bank’s Elevator Lab program,...
Read More »Bitcoin Price With Another Attempt At $10,000 As Altcoins Start Waking Up
Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...
Read More »If the Coinbase CEO Can Fall for This Old Trick, Anyone Can
Coinbase CEO Brian Armstrong just fell for the oldest trick in the crypto-twitter playbook.When Harry Potter author J.K Rowling made a surprise entrance to the Bitcoin space this weekend, Armstrong attempted to welcome her in. When Rowling apparently made a $100 BTC purchase, Armstrong told her to get over to Coinbase and urged her to check out all the other crypto assets on offer.Coinbase CEO’s Bitcoin MistakeOnly the account Armstrong replied to was a fake one. J.K Rowling did not purchase...
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