Crypto Valley with resident companies from the Swiss blockchain scene is facing an existential threat due to the economic crisis caused by corona. The Zug region is seeking additional financial aid under the leadership of the cantonal finance director Heinz Tännler. In order to support start-ups in this difficult situation, the Federal Council recently approved […]
The US company Visa has filed a patent application for its own digital currency based on blockchain technology. The application was already submitted to the US authorities in November 2018. The details were made public with the recent publication. Visa intends to use blockchain and tokenized US dollars to improve the efficiency of its payment […]
The Canadian e-commerce platform Shopify has signed a cooperation agreement with CoinPayments, the leading provider of crypto-currency payments. The cooperation enables Shopify traders to be paid in crypto-currencies. Shopify is an e-commerce software package distributed by the Canadian company of the same name. It enables small and medium-sized merchants to create their own online stores […]
Early this morning, one of Bitcoins key indicators has signalled a “golden cross” (GC). The 50-day moving Average (MA) is set to turn bullish as crytpo’s flag-ship currency attemps to break the $10’500 resistance level. 2020 has already seen Bitcoin subject to the formation of a golden cross, most notably in February, however a true […]
Switzerland is playing a leading role in creating optimal conditions for blockchain and cryptoassets. A “Distributed Ledger Technology” bill is currently being drafted in Berne to create legal certainty.This article is part of a cooperation and was originally published on 10×10.ch. There is a fascinating, still often misunderstood fact in the crypto world: A public […]
A recently published study analyzed the relevance of crypto-currencies among German stock corporations. According to the study, crypto’s such as Bitcoin have so far been of secondary importance for the corporations. The study examined the adaptation of crypto currencies among listed German companies. The authors Lars Andraschko and Bernd Britzelmaier from the Business School Pforzheim […]
The use of the tokens will revolve around subreddit-specific digital rewards and rewards within the Reddit platform, including a “special membership” and voting privileges. The US-American company Reddit, based in San Francisco, was founded in 2005 and currently generates a turnover of around 100 million US dollars annually. In addition, the group currently employs approximately […]
Bitcoin/USD – New highs since March crash Right at the beginning of the reporting week, Bitcoin tested the lower end of the previously scaled territory above USD 8,000. After the first sharp drop in the price on Sunday of just under USD 1,500, which took the price to USD 8,100 at the low for the […]
The step of the major US bank JPMorgan Chase to accept two well-known crypto exchanges as customers with immediate effect could be followed by other institutions. It proves that the traditional financial industry is becoming more open to digital currencies like Bitcoin. The CEO of JPMorgan Chase once called Bitcoin a fraud, but now the […]
The investor Paul Tudor Jones has compared Bitcoin with the role played by gold in the 1970s. The digital currency is supposed to serve as a hedge against inflation, which will result from the massive money printing by currently undertaken by central banks. The founder and CEO of Tudor Investment Corp. published his new stance […]
