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Stablecoin Project Secures Backing From Peter Thiel, Coinbase, 40 Others

A new project for a stabilized cryptocurrency that would function “like normal money,” has received backing from Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 others, according to a press release shared with Cointelegraph June 20. The developmental-stage stable-value crypto project is dubbed “Reserve,” and closed a collective $5 mln seed round to develop a fully decentralized cryptocurrency that works ...

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Essentia.one Announces $11m Fund to Incentivize Third Party Development of Its Protocol

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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Leftover Euros Can Now Be Exchanged for Crypto at Schipol Airport! – Crypto Currency News

We all know it can be a pain to exchange foreign currency, but Amsterdam’s Schipol Airport is trying to help people avoid that hassle. Travellers going through Schipol Airport will now be able to exchange any leftover euros for cryptocurrency! Specifically, people will be able to trade euros for Bitcoin (BTC) or Ethereum (ETH) at one of the several Bitcoin ATMs ...

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Bitcoin Network Hash Rate Is on the Verge of Surpassing 40 EH/s

Even though there are a lot of debates taking place regarding Bitcoin mining, the network is in a good place. Regardless of energy consumption concerns, the overall hash rate has risen steadily over the past nine months. At this rate, reaching 45 exahash per second will not take all that long. Increase in Bitcoin’s Hash Rate The past nine months have ...

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 20

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin’s rolling 30-day annualized volatility has declined to about 61 percent from the ...

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Circle’s Decision-Making Process On New Token Listings Revealed

The criteria exchanges employ in making listing decisions is not entirely an exact science. In an effort to offer clarity, Goldman Sachs-backed fintech startup Circle has released details regarding how it decides what to list on its Poloniex exchange. The five broad categories that Circle examines when analyzing the potential of an asset are market dynamics, business model, people, technology, ...

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Bitcoin Price Watch – BTC/USD On Bullish Run, Testing Resistance At $6,800 – Crypto Currency News

Bitcoin price watch: Bitcoin continued its bullish run on Wednesday morning, moving firmly past the $6,700 level and testing a major resistance at $6,800. Bitcoin has been on an upward trajectory recently, having recovered by more than 5% since the beginning of last week. Yesterday, the cryptocurrency received a further boost as Goldman Sachs CEO Lloyd Blankfein commented on the ...

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Cryptocurrency Regulations Becoming More Lenient Around the World

Both in New York state in the United States and in South Korea, regulations are becoming more lenient. In New York, Square Cash, the payments app founded by Jack Dorsey, received the elusive Bitlicense from regulators. The Bitlicense was launched in 2015 and has since received numerous complaints from entrepreneurs for the burden that it places on innovation. This is ...

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