Business

American Pundi X Merchants Can Now Sell Crypto Via PayPal

[ad_1] Singapore-based blockchain firm Pundi X has integrated PayPal support for its point-of-sale device ‘Xpos.’ PayPal is the first mobile payment gateway to be integrated onto Xpos, and users from more than 30 countries can now accept funds via the payments processor.The integration will take place over two stages, with U.S-based merchants who use Xpos able to apply for PayPay-based keyed transactions from July 1.A PayPal app is expected to be
BLOCKCHAIN

The ETH/BTC ‘Flippening’ Is 53% Complete According to New Index

[ad_1] A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ —  where Ethereum overtakes Bitcoin — is more than halfway complete.The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it shows this is the first time the index has topped 50% in 18 months — the highest point since March 2019 when it was around 56.2%.Of course, this latest version of ‘the flippening’
Business

Australian Securities Exchange Switch to Blockchain Delayed to 2022

[ad_1] The Australian Securities Exchange (ASX) has further delayed its switch to blockchain after public lobbying from key stakeholders.According to a June 30 update from the ASX, the exchange has officially delayed the rollout of Distributed Ledger infrastructure to replace its current system for processing equity transactions. ASX will now release the project — the replacement for the Clearing House Electronic Subregister System (CHESS) — in April 2022, a one-year
EXCHANGES

Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise

[ad_1] Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price of $1.45 each. Each unit is comprised of one common share. From this, investors have the option to buy another share
Business

Africa Posts Triple-Digit P2P Volume Gains in Three Months

[ad_1] Peer-to-peer Bitcoin (BTC) trading has seen rapid growth in recent months, with the African continent now the second-strongest region in the world for P2P volume behind the U.S.Africa was the sole region to produce an increase in seven-day P2P trade this past week — with sub-saharan African trade posting its seventh all-time high for weekly trade in nine weeks.Since early January, the sub-saharan African has overtaken the Asia-Pacific, Eastern
Business

Bitcoin Price Stalls Below $9.2K but Data Shows Investors Are Bullish

[ad_1] Earlier today Cointelegraph reported that “Bitcoin (BTC) price recorded its strongest second quarter performance in history” despite a startling crash to $3,750 on March 13. Data from Skew also shows that Bitcoin currently has a quarter-to-date return of 42.39% and the digital asset remains the top-performer for 2020 with a 27.31% return.  Macro assets year-to-date returns %. Source: SkewData from on-chain analytics provider glassnode also showed that since the Black
EXCHANGES

Analyst Who Predicted Bitcoin’s 2018 Bottom: Altcoins May Plunge in 2021

[ad_1] It’s been an incredibly strong year for altcoins thus far. Versus Bitcoin, many have outperformed. As reported by Bitcoinist previously, the small-cap, medium-cap, and large-cap altcoin indexes from crypto exchange FTX have outperformed Bitcoin since the start of 2020. Bitcoin vs. low-cap, mid-cap, and large-cap altcoins chart shared by cryptocurrency trader Ceteris Paribus (@Ceterispar1bus on Twitter). Yet a prominent analyst expects this trend to reverse in 2021. He went
EXCHANGES

Bityard Review 2020: Cryptocurrency Contracts Exchange

[ad_1] Bityard is the latest cryptocurrency derivates exchange that promises a simple and easy to use platform for new traders.  In this review, we look at everything there is to know about the Bityard exchange. Origins of Bityard Bityard is a cryptocurrency contracts exchange headquartered in Singapore with an office at Paya Lebar Square and other parts of the world. The platform claims to be built around the concept of
EXCHANGES

Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs

[ad_1] During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected the profits of miners hashing away to find blocks on the network. Ever since
BLOCKCHAIN

China Highlights Blockchain in Pandemic Preparedness Strategy

[ad_1] Chinese authorities are trying to strengthen their epidemic preparedness and have identified blockchain as a key component of the response. The Chinese Circular of the National Health Commission released its plan on June 30 on how to ramp up its information technology support amid future pandemics. One component of the strategy is the use of blockchain technology for enhancing data sharing among medical institutions.Data sharing is key The Commission is urging local