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PNC Boosts Ripple as Bitcoin.com Exchange Goes Live, HEDG ...
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Cryptocurrencies are mixed as Overstock.com launches tZero token platform
Crypto Market Recap
Cryptocurrency prices are broadly mixed this afternoon with the price of Bitcoin (BTC) up 0.09% in the last 24 hours to USD$3,594.75. Binance Coin (BNB) is posting the largest gains among major cryptocurrencies, up 3.25% in the last 24 hours to USD$6.70. IOTA (MIOTA), meanwhile, is down the most among major cryptocurrencies, falling 1.06% over the last 24 hours to USD$0.291356. BNB flipped MIOTA to become the 12th largest cryptocurrency by market capitalization as a result of the coins’ respective gains and losses.
Crypto Developments in Financial Services
Overstock, a US e-commerce giant who is transitioning business practices into the blockchain and crypto industry, has launched live secondary trading of itstZEROtokens, as per a press release Thursday. Secondary trading of tZERO is available only to accredited investors through a digital securities account at Dinosaur Financial Group, who will act as a broker-dealer. CEO of tZERO, Saum Noursalehi, said on the token launch, “The world of security tokens has lacked a regulated venue for secondary trading. The trading of our own security tokens is the cross of the Rubicon for the new world of digital assets. This will create liquidity, democratize access, bring transparency and efficiency to global markets, and accelerate the adoption of security tokens.”
Major US-based cryptocurrency exchange and wallet service Coinbase has announced the addition of services to enable users in the US to claim crypto trades on their taxes. In addition to an extensive crypto tax educational guide, Coinbase also added integration with popular tax software TurboTax on its platform. Coinbase aims to add clarity for its users regarding cryptocurrency transactions and their tax requirements with the launch of its new services.
Crypto Regulatory Environment
Elizabeth Rossiello, the CEO and founder of African blockchain startup BitPesa, has been appointed by the World Economic Forum (WEF) to serve as one of two co-chairs of the Global Blockchain Council, as per an official press release. According to reports, Rossiello has been working with industry experts and the Global Blockchain Council’s thirty members at the WEF Annual Meeting in Davos, Switzerland to determine the agenda and priorities of the council. As per the press release, the Global Blockchain Council was established, “to shape a global technological policy and corporate governance agency,” in the fields of cybersecurity and blockchain.
General Crypto News
Aetna, a US-based health insurance giant, is partnering with IBM to develop a blockchain platform for the healthcare industry, according to a Reuters report Thursday. Aetna and IBM also issued a joint statement specifying that the blockchain platform will be tailored to streamline insurance claims processing and payments. Other notable US companies, including PNC Bank, Health Care Service Corporation, and Anthem Inc. Have also joined the blockchain initiative.
A new survey published by the Global Blockchain Business Council, a global trade association, finds that 40% of institutional investors believe blockchain could be the most important innovation since the Internet. The survey questioned 71 investors with the results being revealed at the World Economic Forum in Davos, Switzerland. 38% of those surveyed also believe that firms will need to reveal their approach to blockchain technology within the next five years.
PNC Boosts Ripple as Bitcoin.com Exchange Goes Live, HEDG, Sep. 2 Sep 2, 2019, 1:17PM. Coins and Tokens 4 min, 55 sec READ. by Kevin George. RippleNet sees the 8th largest U.S. bank sign up for cross-border payments, Bitcoin.com launches its own exchange today. It was a flat week in the cryptocurrency market with Bitcoin trading in a range of 5%. Despite a third weekly drop and a dip below ... Mit Binance Coin (BNB) hat die Börse Binance eine eigene Kryptowährung geschaffen. Sich diese in Euro auszahlen zu lassen, ist jedoch nur über einen kleinen Umweg möglich. Wie das geht, zeigen wir Ihnen in diesem Praxistipp. The wallet supports multiple currencies like Bitcoin, Litecoin, Ethereum, Binance, ERC20, ERC721, and ERC1155 tokens. The wallet is available for Android and iOS phones. The wallet is highly secure and uses innovative security technologies like Enjin Secure Keyboard, two-factor encryption and transforms your mobile phone into a hardware wallet. Bitcoin is a type of P2P-based virtual encrypted digital currency. Bitcoin uses a SHA256 encryption algorithm and has a total of 21 million blocks. Typically, one block is generated every 10 minutes and the reward is cut in half every 210,000 blocks. Presently, most mining pools distribute transaction fees to miners in addition to block rewards. What you need to start mining: Mining hardware ... Step 4: How to deposit Bitcoin and other funds to Binance? Now, after your account is well secured, use the top main menu in order to select “Wallets” and select from there the “Spot Wallet” sub-menu item. The Spot wallet is for the regular Binance spot trading. Binance also offers more advanced features such as margin and futures ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Trade Cryptocurrencies easily with the Binance.US crypto trading app! Download the Binance.US app today on iOS & Android!
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