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DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.

Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020

Bitcoin Price Hits Another All-Time High Over $29,000 and Quadrupled In Value in 2020

On the last day of 2020, Bitcoin jumped to a new record high of above $29,000, after the cryptocurrency quadrupled in value during 2020.

Bitcoin Investors Who Bought the 2017 Top are Not Selling, as BTC Holders Continue to Accumulate

Bitcoin Investors Who Bought the 2017 Top are Not Selling, as BTC Holders Continue to Accumulate

After Bitcoin recorded a new all-time high, its price has dropped around $1,000 within a day, and has seen recovering on Jan 12.

Bitcoin Price Rally Will Peak Out Early in 2021, according to CNBC Report

Bitcoin Price Rally Will Peak Out Early in 2021, according to CNBC Report

As one institutional analyst told CNBC—the Bitcoin price could peak out early in 2021, providing another prime opportunity to buy the BTC price dip.

Bitcoin’s Bull Market Is Just Warming Up as Indicated by Large Outflows and Institutional Interest

Bitcoin’s Bull Market Is Just Warming Up as Indicated by Large Outflows and Institutional Interest

Veteran on-chain analyst Willy Woo believes that BTC is getting ready for the next bull run as more users are trickling in.

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy

Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.

Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens

The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.

The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner

The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner

According to a Spartan Group partner, the present correction in the crypto market is healthy because it will trigger an uptrend.

Holding onto Bitcoin Long Term is the Way to Go, says Crypto Analyst

Holding onto Bitcoin Long Term is the Way to Go, says Crypto Analyst

Crypto trader Michael van de Poppe believes that holding onto BTC long term is the way to go. Here's why.

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