Bakkt plans to launch its consumer and the merchant application by the first half of next year. It allows consumers to pay for their purchases in Bitcoin and for merchants to get the instant conversion in fiat currency. Announcing the development in a blog post, Mike Blandina, Chief Product Officer...
Internet browser Opera has added support for Bitcoin payments in its cryptocurrency wallet. Announcing news on Oct 22, 2019, the latest release for Android allows users to send and receive Bitcoin (BTC) and access their transaction history. Opera is the first major browser to integrate a cryptocurrency wallet, enabling crypto payments to...
In a report published by G7 on stablecoin, the working group recognizes the challenges in cross-border payments which are slow, expensive and opaque. It finds crypto-assets such as Bitcoin, not a reliable alternative and attractive means of payment or store of value to replace the traditional payment system. The reasons...
After a year of wait, Bakkt, the first to get regulatory approval for trading Bitcoin futures went live on September 23. Bakkt which many see as a gateway for Bitcoin widespread adoption, so far the volume shows little interest from institutional investors. Bakkt Bitcoin futures contract volume in the first...
Just days after the significant drop in the Bitcoin hash rate, several monitoring sources confirm that the hash rate shows signs of recovery. Data from monitoring source ‘Blockchain’ estimate that on 26 Sept hash rate reached a new all-time high of 108 quintillion hashes/sec. This year, the hash rate in...
Yesterday, the Bitcoin price broke from the apex of the descending triangle pattern dropping to $8160 in Coinbase (near 200 MA) and as the new analysis suggests, retrace to $7500 is a possibility. Key factors contributing to the build-up of negative sentiment and causing massive sell-off were: Underwhelming response to Bakkt launch...
Global POS is developing a payment system which will allow more than 25,000 outlets in France to accept Bitcoin and other Cryptocurrencies as means of payment. The system will be ready for use by early 2020. The new payment system is jointly developed by Global POS, Easy2Play, and the EasyWallet. The...
Last week, the Bitcoin price bounced from $9,860$. Currently, the Bitcoin price trend is following the descending triangle pattern and nearing towards the climax of the triangle. A breakout either way will lead to a spike in volume. As of now, the market is indecisive on which direction it will...
ÂA recurring complaint from cryptocurrency participants is the idea of applying a 72-year-old securities law to digital currencies. The U.S. Securities and Exchange Commission uses whatâs known as the âHowey Test,â a test created by the Supreme Court in 1946 for determining whether certain transactions qualify as âinvestment contracts. Under...
According to data from ETH Block explorer âEtherscanâ, on 15th Dec 2018, the number of unique Ethereum wallet addresses crossed 50 million. Despite the trouble market conditions, Ethereum saw a steady growth trend this year. Â The main reason for this growth could be credited to the increasing number of...
