Block Network

September 21, 2020

HSBC stock hits 25-year low: 5 things to watch in Bitcoin this week

Bitcoin grapples with $11,000 as money laundering engulfs the banking sector again and coronavirus spoils stocks sentiment. Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities.Cointelegraph highlights five factors that could shape BTC price action in the coming days.Banks face money laundering delugeWhile […]

Profit taking Bitcoin miners won’t stop the next bull run: On-chain analyst

Bitcoin miners sold substantial amounts of Bitcoin throughout the past two months, but on-chain analysts believe it won’t stop the next bull run. Historical data shows that some miners began to sell Bitcoin (BTC) at the end of July, leading to increased selling pressure in the cryptocurrency market.Eventually, the dominant cryptocurrency fell steeply from mid-August, […]

September 20, 2020

US Space Force taps blockchain firm Xage Security for data protection

Going where no blockchain has gone before. The recently created United States Space Force, or USSF, and the U.S. Air Force Research Lab has chosen blockchain firm Xage Security to develop data security systems.In a statement, Xage Security said it was awarded a contract to provide end-to-end data protection for the USSF. The company will […]

MicroStrategy CEO seems to embrace Bitcoin maximalism

From skeptic to maximalist in seven years. MicroStrategy’s decision to use Bitcoin as its primary reserve currency has Michael Saylor seemingly favoring the asset over altcoins.In a Sept. 20 tweet, the business intelligence company’s CEO stated that he considers Bitcoin (BTC) to be a crypto asset network, unlike tokens like Ethereum (ETH) or stablecoins, which […]

Uniswap payday, ETH transactions hit record high, EU backs stablecoins: Hodler’s Digest, Sept. 14–20

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week Frenzy as Uniswap launches new governance tokenUniswap stole the show […]

Gibraltar updates DLT framework to comply with FATF rules

Once again, Gibraltar is taking the lead in crypto regulations. The Gibraltar Financial Services Commission (GFSC) has updated its regulations governing the operation of distributed ledger technology (DLT) providers to include the latest Financial Action Task Force (FATF) rules. The GFSC said this is in response to blockchain’s fast-moving nature, especially as the agency seeks to […]

Top 5 cryptocurrencies to watch this week: BTC, NEO, XMR, ADA, LINK

Bitcoin is attempting to form a bottom altcoins continue to decline, which opens up opportunities on the long and the short side. The total crypto market capitalization has recovered from the Sep. 6 lows near $314 billion but it is struggling to sustain above the $350 billion mark, which shows that higher levels continue to […]

The US is number one…in blockchain patents

But the company with the most patents isn’t even American. Despite Alibaba filing more patents, the United States still takes the lead as the country with the most blockchain copyrights, a Sept. 17 report from intellectual property consultancy KISSPatent.The U.S. has 2,112 patents, followed by the Cayman Islands with 350 filings and Canada with 118. […]

World’s largest sovereign wealth fund indirectly holds almost 600 Bitcoin

Mainstream finance giants may hold more Bitcoin than you think. The Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets, including 1.4% of all global stocks and shares. It is considered the world’s largest sovereign wealth fund. According to Arcane Research’s report on Sept. 19, the fund also […]

The emergence of cryptocurrency hedge funds

Although the nascent crypto hedge fund industry still has lots of developing to do, it will undoubtedly be the future of finance. I started exploring Bitcoin first in 2012 and, still today, I am fascinated by the opportunities and future potential digital assets pose as an emerging alternative asset class.One of the most relevant recent […]