The Central Bank of Russia announced in late December that it would be testing out its state-backed cryptocurrency within a regulatory sandbox. It appears that the tests are now over and have been completed. Russia’s Central Bank And Blockchain According to a local report, Russia’s Central Bank has completed a pilot project for the issuance...Read More
Changpeng Zhao, the CEO of Binance, has confirmed that his company applied for an operating license in Singapore. This comes less than a month since the Asian country introduced a comprehensive regulation for businesses dealing with digital assets. Binance Applies For License in Singapore The largest cryptocurrency exchange by trading volume has applied for an...Read More
This week alone, gamers, virtual reality enthusiasts, and the cryptocurrency community have invested nearly a million dollars worth of real world currencies into virtual real estate generated and maintained by blockchains. The three largest blockchain generated virtual world games, The Sandbox, Decentraland, and Cryptovoxels, all saw the total trading volume of their digital tokens surge...Read More
“It was the intelligence coup of the century.” That’s the assessment of the CIA in a classified report obtained earlier this month by an investigation of the Washington Post. The Post made stunning revelations in a report headlined, “How the CIA used Crypto AG encryption devices to spy on countries for decades.” Crypto AG was...Read More
The spread of the coronavirus continues, and more countries appear to take serious measures for its containment. Amid the tragic effect on people’s health, the cryptocurrency space recently saw the birth of the CoronaCoin – a coronavirus-backed token. The Creation of CoronaCoin Earlier today, the discussion of the new coronavirus-backed coin was published in a...Read More
Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering to strengthen its financial position. While similar scenarios could play out in the traditional financial market, Bitcoin stands on the opposite shore. Its finite pre-programmed...Read More
When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell. We need a healthy pull back. Too much hype about #bitcoin halving and...Read More
The cryptocurrency index and beta fund provider, BitWise, recently published a report regarding how financial advisors look at digital assets. Partnering with numerous information sources on the matter, the company concludes that cryptocurrencies are becoming more attractive to advisors and their clients. Increased Interest For Cryptocurrencies BitWise and ETF Trends conducted the report by questioning...Read More
Bitcoin’s price made yet another positive week of continuous gains. In the past seven days, BTC is up more than 4%, finally breaking above the essential technical and psychological resistance of $10,000. The price shot up to as much as $10,500 but failed to claim this level and retraced to where it currently trades at...Read More
The world’s largest decentralized and blockchain-based social media, as well as a blogging platform, Steemit, announced a strategic partnership with the TRON foundation. Steemit Joining TRON Ecosystem The largest decentralized blockchain-based social media and popular blogging platform, Steemit, announced in a shared press release with Cryptopotato, a strategic partnership with the TRON foundation. The development...Read More
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year’s fourth quarter. The bank is regarded as one of the cryptocurrency-friendly traditional banking establishments. Last year, BTG started utilizing the Ethereum and Tezos blockchain networks for security token offerings. BTG’s Net Income On...Read More
Cryptocurrencies are popping in 2020. The entire market’s capitalization has once again touched $300 billion – something that was last seen six months ago. The interesting part is that it’s not just Bitcoin’s price that’s increasing this time – altcoins are exploding as well. Naturally, as it has always been the case, this drives more...Read More
One of the world’s largest cryptocurrency exchanges, Huobi, is adding a new service for its Argentinian branch. Dubbed Huobi Argentina, it now allows customers to directly exchange Argentine Peso (ARS) for Bitcoin and Tether (USDT) and vice versa. Huobi Argentina Fiat Gateway In September 2019, the Singapore-based cryptocurrency exchange announced the opening of Huobi Argentina....Read More
In recent years, there has been a continuous acceleration in the development of new technologies such as fintech, IoT, Big Data, AI, and other related fields. Much of this is due to investment from major companies, like the SBI Group, based out of Japan, which have been proactively investing in venture companies within these fields...Read More
One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase. Barcelona To Launch Own Cryptocurrency According to an official press release, FC Barcelona, the captain of which is...Read More
When it comes to investments, especially in cryptocurrencies, the United States authorities are very strict in protecting investors from risks and losses. For this reason, crypto companies often exclude US residents from their offerings due to strict regulatory policies Although no laws are banning Americans from using margin trading, the regulations remain unclear. Thus, to...Read More
Cryptocurrency regulations are taking a front-row in high-end governmental discussions. Steven Mnuchin, Secretary of the Treasury of the US, noted that FinCEN is working on introducing several new requirements to counter possible illegal financial activities. FinCEN To Apply New Requirements Yesterday, the U.S. Senate held a hearing to cover the 2012 budget. While addressing many...Read More
The exciting start of 2020, in terms of price action, has brought serious retail attention to the cryptocurrency market. Google Trends data shows that Bitcoin and altcoin searches are recording their highest levels since August of 2019. Bitcoin Price Drives Attention The largest digital asset began the year trading at $7,170. At the time of...Read More
Ripple’s expansion continues with a new partnership in Egypt. The country’s national bank has recently signed a co-operation agreement to join the blockchain-based payments network RippleNet to implement remittance payments. Ripple Partners With NBE The National Bank of Egypt is the oldest and largest bank in the country. As of yesterday, the NBE is partnering...Read More
In today’s headlines, the London Football Exchange (LFE) has recently announced its participation in a deal to acquire the Perth Glory Football Club (PGFC), 2019/2020 participants in the Australian Hyundai A-League Premiers, as well as the Asian Champions League. According to the recently announced Asset Sale and Purchase Agreement, the LFE has acquired the majority...Read More
The cryptocurrency market is growing at a notable rate since the beginning of 2020. Interestingly enough, the growth is across the board. Despite Bitcoin’s increasing price, its dominance continues to fade. This is a definitive sign that altcoins are claiming serious grounds as their prices continue to boom. Cryptocurrency Market Cap At 6-Month High It’s...Read More
Democrat Andrew Yang, who previously urged for more transparent cryptocurrency regulations, has suspended his 2020 presidential campaign. With recent disappointing results, he felt convinced that they wouldn’t win the race, thus deciding to end his campaign in advance. Yang Drops Out Of the 2020 Presidential Race Andrew Yang is an American author, lawyer, and entrepreneur,...Read More
Sigma Prime’s Lighthouse project just unveiled an Ethereum 2.0 testnet it hopes will be capable of handling 100,000 validators. Sigma Prime is ready to stress test the Ethereum 2.0 client before it goes public. Paul Hauner, a lead developer for Lighthouse, posted a video unveiling the ETH2.0 testnet on Twitter this week. In a reply...Read More
Tezos (XTZ) price is up more than 100% since the beginning of 2020. It’s one of the best performing cryptocurrencies and has managed to enter the top 10 projects by market-cap as its market capitalization reached upwards of $1.9 billion. However, given the notorious history of most existing cryptocurrencies, people remain somewhat hesitant of what...Read More
Canadian joint venture has launched a new stablecoin pegged to the Canadian Dollar (CAD). Dubbed QCAD, users can trade it against Bitcoin, Ethereum, and USDC, and it’s supported by cryptocurrency custodians Balance and Bitvo. Canada’s First Stablecoin – QCAD Announced earlier today, QCAD is built on top of the Ethereum blockchain, and it’s based on...Read More
India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies. ...Read More
Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000. Bitcoin Price To $40,000 Lee is among the most...Read More
Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform. Binance Adds P2P Support For The Russian Ruble In a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will...Read More
The coronavirus which started from Wuhan, China, earlier in January, shows no signs of slowing down. With over 910 people dead already, countries across the world are taking measures. The UK has officially declared it an “imminent” threat. Asian and European stocks continue to feel the pressure as they struggle into the weekly opening. At...Read More
In the headlines today, the OKB token’s price, the native coin on the OKEx trade platform, jumped up an impressive 40% as the company launched the test net of its new decentralized exchange. The buzz first started late last year when OKEx first announced plans for launching its proprietary blockchain known as OKChain in 2020,...Read More
