Marshall Islands President Survives No Confidence Vote Prompted by National Crypto Plans

The President of the Republic of the Marshall Islands Hilda Heine has narrowly survived a no confidence vote that was partly prompted by her plans to introduce a national digital currency, Asia-focused English-language publication Nikkei Asian Review reports Nov. 12. The Marshallese parliament was reportedly split 16-16, just one vote short of the number needed…

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Ethereum’s Joe Lubin: Blockchain Will ‘Take a Little Longer’ to Develop Than the Web

Blockchain will “probably take a little longer” to develop than the internet, because it is “much more complicated,” ConsenSys creator Joseph Lubin told German media outlet t3n in an interview, Cointelegraph auf Deutsch reported Nov. 9. Lubin, who is also the co-founder of Ethereum (ETH), told reporters that blockchain technology is developing in a similar…

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How Do We Make Blockchain User-Friendly for Mass Adoption?

It’s been forecasted that by 2021, there will be over 3 billion worldwide registered social media accounts and with blockchain-based businesses aiming to disrupt many industries, one has to ask if established and emerging social media apps on the blockchain can supplant the incumbent centralized social platforms? For blockchain to fully become mainstream, it is…

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Bitcoin Ownership Hits 9% In UK, YouGov Survey Reveals

Over 90 percent of UK residents have now heard of Bitcoin and up to 9 percent of some demographics own it, an upbeat new survey revealed November 7. 21 Percent See Bitcoin Being As Common As Fiat The findings by market research agency YouGov paint a surprisingly positive picture of consumer attitudes towards the largest…

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Overstock CEO Predicts Mass Crypto Adoption as Bitcoin Rises

Cryptocurrency markets have fallen by more than 70 percent this year. But according to a veteran from the industry, they are standing at the edge of a revolution. Patrick Byrne, the CEO of Overstock, an Amazon-like marketplace which accepts payments in Bitcoin, said in a recent interview that he is still expecting cryptocurrencies to reach…

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Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services

The Financial Services Commission (FSC) of the Republic of Mauritius has released a draft regulatory framework for crypto custodian services, according to an official document posted on Nov. 5. According to the announcement, the island country aims to establish regulation for custodian services for digital assets in order to enable users of crypto custodian services…

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eToro Reveals New Wallet Along With BTC & ETH Adoption

The global investment platform eToro confirmed that they will release their cryptocurrency wallet in a recent press release published this week. On the 6th November, eToro tweeted through their official Twitter handle to announce that they have expanded and that they have created a new wallet available in several different countries. You can see the…

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Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6. Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely…

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Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The…

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Precious Ledgers: Why Blockchain Is the Right Fit for Gold and Diamonds

This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold. Indeed, blockchain has been pioneering both gold and diamond industries — complex ecosystems…

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New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service

  New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project Grant” to local crypto wallet and trading platform Vimba, a rebranded version of former MyCryptoSaver. Following the grant, the crypto…

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Bitcoin Money Velocity Hits 2010 Lows, As BTC Price Flatlines

Bitcoin’s monetary velocity is at its lowest point in eight years, and investors should be “realistic” about the chances of the 2018 bear market ending in the medium term. Echoes Of The Dawn Of Bitcoin Speculation That was the message from data analyst Willy Woo October 29, who uploaded new data tracking quarterly velocity for…

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Circle CEO Calls on Global Economies to Coordinate on Crypto Regulation

Jeremy Allaire, the CEO of crypto investment app Circle, has called on global economies to develop coordinated regulation of cryptocurrencies in an interview with Reuters Oct. 22. The CEO of the Goldman Sachs-backed crypto firm claimed that the global community should develop universal international rules for regulating the crypto space. Claiming that for the crypto…

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Ripple Announces plans to “push xRapid adoption”, XRP expected to surge

Ripple (XRP) the world’s third largest cryptocurrency seems to be returning to its 100% price surge that it experienced earlier this year as signs suggest the company may be getting wider adoption following announcement of strategies to push adoption for its foremost product xRapid. The move to boost xRapid was announced in a a brochure…

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Confirmed: Coinbase Veteran Adam White Joins ICE's Crypto Platform Bakkt

The former head of institutional products at major U.S. crypto exchange Coinbase Adam White will be joining Intercontinental Exchange’s (ICE) forthcoming platform Bakkt. According to a Medium post published today, October 15, White will be joining as chief operating officer (COO) this November. The news confirms unofficial reports that had already been circulating last week….

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Bahrain Are Setting Up For A Crypto Adoption Overhaul

The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1.23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. According to nationsonline.org:…

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Xpring Could Give Wider Adoption of XRP than xRapid and xCurrent

In recent times, there has been high concentration on the effect that xCurrent and xRapid will bring to the world banking system and mode of online payments. This two products by Ripple have actually increased XRP adoption. However, one of the products that could have more effects on Rapid adoption of XRP which was launched…

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eToro Cuts Crypto Costs to Support Mass Adoption

— Spread on bitcoin cut in half so clients keep more of their gains — eToro, the global investment platform with over ten million registered users, has announced a significant cut in spreads on cryptoassets as part of its ongoing efforts to increase awareness of the potential of crypto and blockchain more broadly. This move…

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Bitcoin Featured in Children’s Goosebumps Book

Bitcoin (BTC), the world’s largest cryptocurrency, is steadily making its way towards widespread adoption. What better way to accomplish this than to feature it in a children’s Goosebumps book? “Dude, I Bet This Thing is Stuffed With… Bitcoins!” Bitcoin has been featured in a children’s Goosebumps book, further accelerating the cryptocurrency’s presence in mainstream media….

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Ripple's xRapid Goes Live With 3 Financial Institutions, XRP Adoption Incoming

XRP Sees Use In Financial Institutions After months of development, Ripple, a US-based technology startup (as you are likely aware of), has finally released one of its most promising products yet, which is xRapid. For those who aren’t in the loop, xRapid is a service and product that makes cross-border payments more efficient in terms…

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