Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
    24 Jan 2023
    542 Views

    Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Bitcoin rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based…

    Chinese blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
    24 Jan 2023
    542 Views

    A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project. A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs). Red Date Technology, the blockchain infrastructure firm which is…

    Vitalik Buterin divulges the ‘largest remaining challenge’ in Ethereum
    23 Jan 2023
    520 Views

    While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions. Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need…

    Aussie execs refute ‘argument’ to treat crypto as financial products
    23 Jan 2023
    422 Views

    The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22. Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma Speaking to the Sydney…

    Bitcoin price surge: Breakthrough or bull trap? Pundits weigh in
    23 Jan 2023
    425 Views

    Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived. While Bitcoin (BTC) has experienced a strong price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in…

    Going cashless: Norway’s digital currency project raises privacy questions
    22 Jan 2023
    510 Views

    At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu. The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the…