Business

Market Mostly Trades Sideways as Bitcoin Price Holds Above $10,300

[ad_1] Monday, Sept. 9 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day.Market visualization. Source: Coin360Bitcoin (BTC) has been trading sideways for the better part of the day and seems to be holding above the $10,300 price mark. The coin saw a low of $10,080 earlier before moving to an intraday high of around $10,400, and is currently trading at
BLOCKCHAIN

Blockchain in Healthcare Market to Surpass $1.6 Billion by 2025

[ad_1] The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights.In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to a number of factors such as the implementation of government initiatives and increasing investment in the field.Growth factors for blockchain
BLOCKCHAIN

Decentralized Brave Browser Tops Chrome in Google Play Rankings in Japan

[ad_1] The popularity of the decentralized blockchain-enabled web browser Brave continues to grow as it has outranked other browsers in Google Play rankings in Japan.Brave beats rival browsersAccording to a Reddit post on Sept. 8, this is the first time that the privacy-focused Brave browser has overtaken its rival browsers such as Firefox, Opera and Chrome in Japan. The most recent ranking data from Google Play shows that Brave sits
EXCHANGES

Roger Ver Shares His Story in New Video Series

[ad_1] As someone who was there from virtually the start, Roger Ver has seen and done it all in Bitcoin. A tireless evangelist for Bitcoin since long before it was cool, Ver remains a vocal proponent of the benefits of peer-to-peer cash and its power to effect positive change in the world. Every day this week, Roger Ver will be sharing a chapter from his life story in a multi-part
Business

Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan

[ad_1] Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve currency, commodity or algorithm. Libra is backed by major national currenciesLibra will reportedly be backed
Business

‘There Is Work Left to Be Done’

[ad_1] United States Securities and Exchange Commission (SEC) Chairman Jay Clayton recently spoke with CNBC's Bob Pisani regarding the regulator’s latest take on Bitcoin (BTC) exchange-traded funds (ETFs).‘Progress is being made’Speaking with Pisani on Sept. 9, the SEC chairman stated that, although significant steps have been taken to address regulatory concerns vis-a-vis a Bitcoin ETF, there is “work left to be done.” Clayton went on to say that the SEC’s
EXCHANGES

Tether (USDT) Launches Digital Yuan Before PBoC

[ad_1] Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin USDT, which is backed by the US dollar, CNHT would be issued as an
BLOCKCHAIN

London-Based Hedge Fund Raises $50M to Launch New Crypto Investment Fund

[ad_1] Nickel Asset Management, a United Kingdom-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund.According to a report from Finance Magnates on Sept. 9, the hedge fund has raised $50 million for its newly launched crypto investment fund, Nickel Arbitrage Fund, which aims to take advantage of arbitrage trading in digital assets.In arbitrage trading, traders buy an asset on one exchange and sell it
EXCHANGES

Are Bitcoin Price and Crypto Exchange BTC Flow Related?

[ad_1] “The relationship between bitcoin price and flows is pretty apparent. Price rallies were typically accompanied by sizable inflows to exchanges as individuals looked to take profit,” said independent crypto research and analysis firm Delphi Digital in an analysis shared with TNW. Bitcoin Flowing In and Out ‘Relatively Less’ Folks looking to earn profits off their bitcoin holdings can heave a sigh of relief. As per Delphi Digital’s analysis, there’s
Business

Stellar Development Foundation and Keybase Jointly Launch $120M Airdrop

[ad_1] The Stellar Development Foundation, a non-profit founded to support the development of the open-source Stellar network, is launching a $120 million airdrop in collaboration with encrypted messenger Keybase.According to a Sept. 9 blog post, Keybase will be giving 100 million Stellar (XLM) each month over the next 20 months to their users, which totals to 2 billion XLM, or almost $120 million. Keybase will distribute XLM among its more