Bitcoin 

BitMEX Introduces XRP Swaps, Delists Two Ripple Derivatives Contracts

When the crypto market was still at its infancy around half a decade ago, derivative trading in crypto seemed like a distant dream. However, crypto exchanges like BitMEX have made it possible, and in a new development, the exchange announced significant changes to its crypto derivative offerings. The company announced that it is going to launch a new XRP-US Dollar quanto swap, which is meant for the growing crypto derivatives market. Key Features It goes without saying that this is a significant development for this niche corner of the crypto…

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Bitcoin 

LiteLink Introduces SaaS Subscription for 1SHIFT Logistics to Accelerate Growth For Supply Chain and Converts Pommes Ma-Gic From Trial Customer to Paid Subscriber

VANCOUVER , Jan. 23, 2020 /CNW/ – LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in digital freight and logistics platforms as well as payment solutions, is pleased to announce the full software-as-a-service (SaaS) Subscription Model of its 1SHIFT Logistics platform. This new SaaS model allows shippers, carriers, and fleets to seamlessly self-register and self-onboard onto the 1SHIFT platform at their own pace, without interactions with customer support personnel. With the launch of this SaaS Model, LiteLink is also pleased to announce that it has on-boarded its first paid subscriber,…

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Bitcoin 

Libra Still Faces Uphill Battle Despite Softened Swiss Stance

A Swiss government memo appears to show a softening in the nation’s stance towards Libra, the proposed digital coin led by Facebook (NASDAQ:FB), just weeks after its former president described the project as a failure. The memo, seen by Bloomberg, shows the Swiss government refusing to rule out the possibility that Libra may one day be granted regulatory approval in Switzerland, despite major reservations being held by EU regulators. Government officials will continue to monitor the progress of the project, paying particular attention to “the form which Libra may take…

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Bitcoin 

Blockchain Investments in China Dropped 40.8% in 2019

A new survey has shown that blockchain investments in China in investment and financing deals dropped in 2019 by more than 40%. Over the course of last year, there were around 245 investment and financing deals in China, which is almost 60% less than those in 2018. Blockchain Investments in China dropped 40% Last Year According to data collected by state-run media Xinhua and financial data platform Rhino Data, the total Chinese blockchain investments last year accounted for around $3.6 billion. These figures were released by Xinhua Finance on January…

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Bitcoin 

LiteLink to Acquire Smart Sensor Technology to Target Untapped Waste Management Industry

VANCOUVER, Jan. 21, 2020 /CNW/ – LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to announce that it has entered into a definitive agreement (the “Acquisition Agreement”) to acquire market-differentiated Internet of Things (“IoT”) sensor technologies for the waste and container management industry (the “Assets“). As the global population approaches 8 billion, continued population density and growth inevitably increases the volume of garbage and recycling, putting additional pressure on the waste management industry. Industrial smart bin monitoring is a revolutionary way to…

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Bitcoin 

Bitcoin SV (BSV) Jumps Another 28%

The crypto space has had a bit of a rollercoaster ride over the course of the past year, during which many cryptocurrencies have had their time in the sun, and one of the more notables tokens to considers in this regard is Bitcoin SV (BSV). Key Drivers In a development that will come as a major boost for investors in the token, Bitcoin SV has managed to break out into a rally on a day on when the wider market has remained largely stagnant. BSV has been in the middle…

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Bitcoin 

Bitcoin (BTC) Soars Above $8K Mark on Geopolitical Concerns

One of the most remarkable events in the crypto space took place in the first half of 2019 when Bitcoin (BTC) went on a remarkable rally that almost mirrored the rally from 2017. However, the rally soon fizzled out, and it has been a bit of a rollercoaster ride for the world’s biggest cryptocurrency by market cap. That being said, BTC has managed to make a remarkable comeback in 2020, and today it breached the psychologically important level of $8,000. It should also be noted that the token hit its…

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Bitcoin 

Tether (USDT) Dominance Persists Amidst Mainstream Adoption

Tether (USDT) popularity in the cryptocurrency space is unmatched. Immediate data indicates it is the most widely used stablecoin by virtue of trading volume. In November, for instance, USDT accounted for as much as 79% of Bitcoin trading between fiat or stablecoins. Likewise, a total of 9.69 million Bitcoins were exchanged in favor of the Tether stablecoin. Popularity The popularity stems from the fact that Tether is one of the most stable cryptocurrencies, given that it is pegged to the US dollar. USDT popularity and trading volume are expected to…

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Bitcoin 

Ethereum’s Hard Fork is Scheduled for Tomorrow

2019 has been a bit of a rollercoaster ride for those in the crypto sphere, and one thing that is on the mind of many is the upcoming Ethereum fork in January. As everyone knows, a hard fork is one of the most crucial events in the lifetime of any cryptocurrency, and when it happens to be the world’s second-biggest cryptocurrency, then there is going to be a lot of anticipation. Key Details The reason behind choosing to do a hard fork on January 1 is a bit ignominious for…

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Bitcoin 

Ethereum Gets Solid Support from Ernst & Young

The past few days have been quite difficult for the crypto space due to the continuing poor performance by some of the leading tokens; however, major cryptocurrency Ethereum received some boost today. In a new development, consultancy giant Ernst & Young announced a new source code that could make the ETH blockchain far more efficient and secure. How Important is This? The development comes at an interesting time since ETH is all set to upgrade its network in order to control costs significantly and promote efficiency. This is a development…

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