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Tag Archives: Sign

Bitcoin Price Recovering from Winklevoss ETF Rejection is Positive Sign

Fundstrat founder Thomas Lee, better known to the cryptocurrency community as Tom Lee, has expressed his enthusiasm towards the swift recovery of the bitcoin price from its drop in the past week. Recovery From Winklevoss Bitcoin ETF Rejection is Important On July 27, upon the rejection of the Winklevoss bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), the ...

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Indian State of Telangana to Sign MoUs With Blockchain Firms, Streamline Gov’t Services

The Indian state of Telangana announced it will sign several memoranda of understanding (MoUs) with blockchain firms as to eventually implement the technology in state applications, local Indian news agency the Business Standard reports July 26. Telangana IT Secretary Jayesh Ranjan revealed that the state is planning to enter into MoUs with a number of blockchain-focused firms in order to ...

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Major Banks From Member States Sign MoU on DLT Research

Five major banks from each BRICS member state signed a Memorandum of Understanding (MoU) on the development of distributed ledger technology (DLT), according to an official press release July 26. During the 10th International BRICS Summit in Johannesburg, banks from the emerging economies of Brazil, Russia, India, China and South Africa agreed to a joint study of DLT technology like ...

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Europe’s Largest ETF Trader is Moving to Crypto; Sign of a Bitcoin ETF?

Europe’s largest trader of exchange-traded funds (ETFs) is moving into crypto in the face of criticism by Dutch Authorities, according to Bloomberg, opening the door for a Bitcoin ETF. This will lead the way for institutional money to turn the crypto market around and set new heights. First European Bitcoin ETF Looking Likely Even though Dutch Authorities expressed their disapproval ...

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Huobi and JD Cloud Sign Cooperation Agreement to Develop Blockchain and Cloud Computing

JD Cloud, a subsidiary of China’s largest online retailer JD Group, has partnered with digital currency exchange Huobi to explore blockchain technology applications and cloud computing, according to a press release published June 28. According to the press release, the companies have signed a strategic cooperation agreement to jointly explore some key blockchain application scenarios focusing on financial services, Internet ...

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Bitcoin is Less Volatile Than Other Cryptos, Sign of Maturity

American Institute For Economic Research (AIER), an independent 501 economic research institute that does not represent any fund or special interests, has reported that Bitcoin, the most dominant cryptocurrency in the global market, has significantly and consistently been less volatile than other digital assets since 2013. In early 2018, researchers at AIER conducted a study comparing Bitcoin to major cryptocurrencies ...

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India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief

Ripple (XRP) is expecting a positive regulatory framework to be forthcoming from India’s Reserve Bank (RBI), according to a Times of India report published Friday, June 15. Dilip Rao, Ripple’s global head of infrastructure innovation, is quoted by the Times as saying that despite RBI’s imposition of controversial restrictions on all domestic banks dealing with crypto, the bank’s recent inquiry ...

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Ubex and Singularity Projects Sign Memorandum of Understanding – The Merkle

The pioneering Ubex project and the Singularity project have signed a memorandum of understanding that foresees utilizing Singularity’s platform and infrastructure to construct and host Ubex AI services created using the platform. The Ubex project intends to cooperate with Singularity in hosting, developing, training and enhancing the Ubex advertising platform’s AI construct, which plays a key role in shaping the ...

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India’s Banking Bitcoin Battle Shows No Sign of Letting Up

On April 5, India’s Central Bank, the Reserve Bank of India (RBI) made a big move in the ongoing global regulatory push on cryptocurrencies as it decided to no longer provide services to any person or business that deals with cryptocurrencies. Since then, there has been a battle building up, with the latest skirmish set for July 20 – the ...

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