Category: Adoption

Here’s why Tether (USDT) could overtake Ethereum by 2021

Tether (USDT), the world’s largest stablecoin by market cap, could reach a valuation higher than Ethereum in 2021, the latest issue of Bloomberg’s Crypto Market Outlook suggested in a report earlier this month. The trend is buoyed by the institutional shift towards and the demand for stablecoins in the cryptocurrency sector. In addition, governments around…

October 16, 2020
Top Chinese chemical firm uses blockchain to cut trade financing costs

Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade.

October 16, 2020
Ripple donates $10M to Mercy Corps during annual Swell conference

Ripple continues its effort to bring financial inclusion to struggling markets.

October 15, 2020
This $6b crypto fund quietly accumulated 2% of all Ethereum in circulation

Ethereum has been one of the best-performing crypto-assets of the year, lifting off after a brutal bear market throughout 2018 and 2019 that brought it down by over 90 percent from its all-time high. A key catalyst behind Ethereum’s recovery is institutions acquiring vast amounts of the cryptocurrency, which comes as the decentralized finance space…

October 15, 2020
Zenit St. Petersburg are creating collectible blockchain cards of their players

Russian Premier League soccer champion Zenit St. Petersburg is the latest high-profile club to enter the blockchain gaming world.

October 15, 2020
A first look at the projects competing for Cardano’s Fund2

The second-ever Cardano fund is in full effect, with three of the dozens of projects now competing for a part of the 2 million ADA fund presented on the Cardano Effect podcast. We take a look at the proposals, which range from e-commerce payment solutions to educational hubs, and how they plan on using the…

October 14, 2020
Twitter’s Jack Dorsey urges Bitcoin donations to fight police brutality in Nigeria

The CEO of Twitter and Square has urged Bitcoiners to join the fight to end the Special Anti-Robbery Squad (SARS) in Nigeria

October 14, 2020
Bitcoin futures impact price more than spot markets: Wilshire Phoenix

The information in the report appears to confirm what many in the industry already believed to be true.

October 14, 2020
Why didn’t the Kucoin hack or legal action against BitMEX seem to impact Bitcoin?

Bitcoin may have solidified a price base due to big player purchases.

October 14, 2020
Blockchain at the center of Korean island’s $5 billion development plan

Won Hee-ryong, the governor of Korea’s Jeju island, has announced a $5 billion government investment plan focused on developing blockchain and IoT technologies. According to a report from BlockMedia, the plan will focus on solving various public welfare problems the province faces and expected to create 44,000 jobs in the next five years. Major Korean…

October 14, 2020