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Initiative Q Review: Scam or New Global Payment System?A few years ago, my brother told me about Ethereum and Bitcoin before most people had ever heard of cryptocurrency. He said, “You should really buy some, even if it’s just $1,000.”Of course, I didn’t buy any cryptocurrency. I thought, What kind of idiot would pay for something that has no intrinsic
Gold Price Futures (GC) Technical Analysis – Short-Term Strength Over $2007.10, Weakness Under $1981.70The direction of the December Comex gold futures contract on Monday is likely to be determined by trader reaction to the 50% level at $1981.70.Gold futures are trading flat early Monday after touching a two-week high earlier in the session. The price action is mirroring the movement in the U.S. Doll
US Banks Can Now Offer Crypto Custody ServicesThe Office of the Comptroller of the Currency (OCC) is letting all nationally chartered banks in the U.S. provide custody services for cryptocurrencies.In a public letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique
PrimeXBT review: Easy to use, professional trading toolsPrimeXBT is a trading platform suitable for professionals, as well as novice traders, developed with a foundation of experience in traditional markets, which are currently experiencing record-breaking volatility.Because of the platform’s roots deeply connected to the traditional market, although it
$16 Million in BTC Stolen by Blockstream Employees on LiquidThe Liquid Network, a network from Blockstream, has been revealed to have contained a vulnerability within it. This vulnerability allowed certain individuals to steal millions in Bitcoin (BTC) in the process. The big itself was revealed by one James Prestwich, the founder of the Summa One crypto sta
Ripple launches PayID allowing users to send digital payments across different platformsIn theory this could be a game changerbut the reality is a bit more complicated.Email is a popular technology in part because it doesn’t matter which service you use. A Gmail user can send a message to someone with a Yahoo account and vice versa. Yet when it comes to sending cash on the Internet, se
Bithumb Global Launches Smart TokensAt Bithumb Global, we have always endeavored to create a digital assets ecosystem that is not only secure but also friendlier. In line with this philosophy, we have now launched Smart Tokens on our trading platform. The Smart Token that was initially launched was the BTCS (1x short Bitcoin), which u
China Will Use Its Digital Currency To Compete With The USDAmid questions and speculation about China’s new central bank-backed digital currency termed DCEP, one thing remains clear: to the extent that China is working on digital currency, the main benefits would be to replace fiat cash with a layer of traceable digital cash, ingesting another layer of data
Grayscale Buys 33% of All Bitcoin Mined in Last Three MonthsGrayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies.The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the eq
Visa and cryptocurrency market: payment giant filed patent for cryptocurrencyVisa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem.The United States Patent and Trademark Office (USPTO) publis