Business

Coinbase Launches BTC Transaction Batching, Saving Users 50% on Fees

[ad_1] Major cryptocurrency exchange Coinbase recently unveiled a new feature on its platform designed to save users money on transactions fees.According to a blog post released by the exchange on March 13, Coinbase would immediately begin offering Bitcoin (BTC) transaction batching for its customers.The move taken by Coinbase, which “requires no action from customers”, will allow single on-chain transactions of cryptocurrencies to be bundled into one. The exchange predicts this
EXCHANGES

Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc

[ad_1] Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens pegged to the U.S. dollar like USDC, TUSD, and PAX have reaped the benefits as well and a few of them
Business

Bitcoin Price Tops $5.9K as Fed Cuts Interest Rates to 0%, Restarts QE

[ad_1] In the past hour Bitcoin (BTC) price perked up and rallied 14.33% to a daily high at $5,940. The strong upside move allowed the price to break out of the tight $5,070-$5,520 range but at the time of writing the price is pulling back below into its previous trading range.BTC USDT 1-hour chart. Source: TradingViewThe surge in price occurred shortly after the U.S. Federal Reserve announced that it would
Business

Active Adoption That Will Wake You Up

[ad_1] The growing popularity of cryptocurrencies in Colombia has been widely discussed, as there is no unanimous consensus over the key reasons that are driving this momentum.The fact is that there are several studies, such as the one carried out by Statista, that reflect a significant and relevant interest on the part of the Colombian user, highlighting it as the third country with the largest number of crypto users.The stats
BLOCKCHAIN

Air Cargo Industry Could Save $400M Per Year With Innovative Blockchain Tech

[ad_1] Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement.Blockchain platform brings down cost and improves efficiencyBlockchain technology allows air cargo companies to digitally track and record the change of custody for airline cargo containers, or Unit Load Devices (ULDs),
BLOCKCHAIN

Crypto Carnage, Fears of $1,000 BTC, MakerDAO Crisis: Hodler’s Digest, Mar. 9–15

[ad_1] Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price drops to $3,637, rebounds above $5,200 within minutesWhenever there’s a big crash on the stock market, traders on Wall Street are often pictured with
EXCHANGES

Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support

[ad_1] During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published plans for the upcoming upgrade, Btc.top founder Jiang Zhuoer revealed his hashrate would vote against the proposal. Two days later, the full node project Bitcoin
Business

Rapper Akon Shares Whitepaper for Upcoming Cryptocurrency

[ad_1] Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming ‘Akoin’ cryptocurrency project exclusively with Cointelegraph.The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economies of Africa and beyond,” adding that the project’s mission is to “unlock the potential of the world’s largest growing workforce” using blockchain technology.Mobile credit trading in AfricaThe whitepaper describes Akoins as utility tokens that power “atomic swaps” between cryptocurrencies, fiat
ANALYSIS

Data Transparency and Fake Trading Volumes — Institutionalizing Crypto

[ad_1] On Feb. 26, the Securities and Exchange Commission announced the rejection of yet another ETF submission from Wilshire Phoenix, a New York-based investment firm, citing a lack of resistance to market manipulation and fraudulent activity. The filing stated that the NYSE Arca had not demonstrated that the market was “designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest.”While Wilshire Phoenix aimed
BLOCKCHAIN

ETH-Based Developer Crowdfunding Platform Joins Fight Against Coronavirus

[ad_1] The proliferation of cryptocurrency companies seeking to donate or raise funds for coronavirus relief efforts continues. Ethereum-based crowdfunding platform, Gitcoin, is advancing this trend by pledging at least $50,000 in development grants toward coronavirus-related initiatives.On March 14, Gitcoin tweeted that its fifth round of grants already has $50,000 committed toward “public health” initiatives. However, it is seeking to reach a minimum of $100,000, with the goal of distributing sufficient