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Bitcoin Transaction Fees Soar After Block Reward Halving
Bitcoin transaction fees continue to soar after halving.
Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis
Both the stock and crypto market could go down, the bitcoin price appears ready to drop.
Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal
Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.
Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom
Ethereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?
Coinbase Reportedly Planning to Go Public This Year—Paving the Way for the Next Phase of Crypto Adoption
According to sources, Coinbase has started planning for a stock market listing this year, which would make it the first major US cryptocurrency exchange to go public.
Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k
In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.
Bitpay Announces the First Large Online International Furniture Brand to Go Live
Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.
Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients
With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.
Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH
An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.
Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform
Four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) go live on CLS blockchain bilateral payments netting platform.
Filecoin (FIL) Token Price Sees Massive Plunge Days after Launch as Miners Go on Strike
Filecoin was launched on Oct. 15, and just after one day after its mainnet launch, its miners turned off their machines to protest against the protocol.