Google Search Can Predict Bitcoin Price Increases, Study Finds
A study published by the National Bureau of Economic Research suggests that cryptocurrency markets do not behave like traditional financial ones.
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Binance Funds 40 Developers to Build Open-Source Crypto Software
news Malta-based crypto exchange Binance wants to spur greater research in open-source blockchain development. To that end, the exchange unveiled Binance X on Thursday, announcing that it was funding more than 40 developers conducting research into open-source crypto software. Binance X also hopes to facilitate collaboration in the Binance ecosystem by providing resources to projects in…
The SEC Is Setting Up a New Office to Talk to ICO Startups
The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings (ICOs) – to navigate the legal implications of their products. Announced Thursday, the Strategic Hub for Innovation and Financial Technology (FinHub) will act as a central point…
Multisignature Wallets Can Keep Your Coins Safer (If You Use Them Right)
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Bitcoin’s Price Correlation With S&P 500 Hits Record Highs
Bitcoin’s Price Correlation With S&P 500 Hits Record HighsEver since its inception, bitcoin has been dubbed “digital gold,” given it is durable, fungible, divisible and scarce like the precious metal. However, while gold has a strong track record of rallying in times of stress in the global equity markets, bitcoin is yet to build a…
BitTorrent’s BTT Token Doubles in Value as Tron, on Which Its Issued, Hits 200M Users
The BTT token from BitTorrent, the file-sharing platform that Tron bought in 2018, more than doubled in price on Wednesday amid apparent optimism about the Tron blockchain.BTT is issued on the Tron blockchain, which just hit 200 million users. There appears to be no news catalyst for the price rise.The move comes alongside an uptick
Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations
Jul 31, 2020 at 16:39 UTCUpdated Jul 31, 2020 at 16:44 UTCCoinbase CEO Brian Armstrong (Steve Jennings/TechCrunch, used under Flickr Creative Commons license)Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s ConsiderationsThe Securities and Exchange Commission appears to be interested in Binance’s eponymous blockchain, 132% of ether wallets are in profit and the Bank of Japan…
Chinese Regulator Investigates Firm’s Blockchain Efforts Amid Stock Surge
news An obscure porcelain and education firm is under investigation by a top Chinese regulator after it became one of the most sought-after blockchain stocks last week. Guangdong Great Wall Group, whose stock price skyrocketed for five consecutive days last week after Chinese president Xi Jinping praised blockchain technology, said Monday it was under investigation…
State Street Insiders Split Over Key Blockchain Use Case
The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.