Canaan set for Nasdaq listing. Targets $100 million from the U.S. IPO
The terms for the Canaan U.S. IPO has been released. Plans to raise $100 million by offering 10 million shares at a price range of $9 to $11.
November 14, 2019
Market News
2019
China still in the process of research and testing its digital currency
The People Bank of China (PBoC) has released a statement on Nov.13 that reports of PBoC have issued the digital currency is false. Adds it has not authorized any asset...
November 13, 2019
CoinMarketCap moves away from volume. Introduces a new metric: Liquidity
Leading Cryptocurrency data provider, CoinMarketCap has launched a new metric – Liquidity to rank exchanges. Announcing the development on Nov. 12, CoinMarketCap sees its new metric ‘Liquidity’ to replace dependence...
November 12, 2019
Second largest mining hardware manufacturer, CANAAN INC. set for Nasdaq listing
Bitcoin mining manufacturer Canaan will ring the bell at Nasdaq on Nov 20. Canaan Inc filed for a U.S. Initial Public Offering (IPO) on Oct. As per the filing, the...
November 11, 2019
Bakkt launches digital assets custody service
Bakkt launches its enterprise-grade custody service. Announcing the development in a blog post, the firm said that now clients can use the Bakkt warehouse to safeguard their Bitcoin assets. Previously,...
November 11, 2019
MoneyGram moves 10% of Mexico-U.S. transactions using Ripple’s ODL
MoneyGram, one of the world’s largest money transfer companies currently processes 10% of its U.S-Mexico transaction volume through Ripple’s On-Demand Liquidity (ODL) platform. Ripple’s On-Demand Liquidity (ODL) platform leverages on...
November 9, 2019
Holders of China’s digital currency would not receive interest payments
More details about China’s digital currency have been revealed. As per the official, holders of the currency would not receive interest payments.
November 6, 2019
Securities rule applies to Stablecoin including Facebook’s Libra: Global securities watchdog
Stablecoin including Facebook-initiated Libra could come under securities market regulation principles and standards. The conclusion of applying securities rule to stablecoin was decided in a meeting on 30th October in Madrid by the Board of the International Organization of Securities Commissions (IOSCO).
November 5, 2019
U.S. Federal reserve researching on digital currencies and blockchain
The U.S. federal reserve is researching on blockchain and digital currencies to innovate the retail payments. According to the job posting published on Nov 4 by Fed careers, the U.S....
November 5, 2019
China launches blockchain-based identification system for smart cities
China publishes a blockchain-based system for identification. The system will integrate with the existing infrastructure of smart cities, facilitating data sharing to make life easier for residents and improve local...
November 4, 2019