[ad_2][ad_1] Hot spot markets are mainly fueling bitcoin’s recent rally as the major cryptocurrency trades at three-year highs around $ 15,500, suggesting the bull market may have room to continue. Unlike previous rallies, derivatives markets are playing a much less prominent role, demonstrated by moderate liquidation volumes. The presence of …
Read More »Bitcoin should "get away" from the job test, says Bank Of International Settlements
[ad_2][ad_1] The Bitcoin figures rejected the latest cryptocurrency report from the Bank of International Settlements (BIS) after claiming that Bitcoin must stop using the Proof of Work algorithm. BIS: Bitcoin must abandon the job test The report, "Beyond the" proof-of-work "ruling day's economy in criptovalute," was released on January 21st. …
Read More »Euro Exim Bank Taps xRapid of Ripple for cross-border settlements
[ad_2][ad_1] Euro Exim Bank, a London-based bank primarily focused on providing financial services to export and import companies, will become the first bank to publicly announce that it is using the XRP cryptocurrency for cross-border payments. Ripple announced on Tuesday that Euro Exim Bank, together with JNFX, SendFriend, Transpaygo and …
Read More »XRP to be used for settlements in the new R3 dll magazine. Latest news on XRP coins and price analysis
[ad_2][ad_1] It seems that Ripple and R3 have managed to overcome their legal disputes and enter a new collaborative effort that will see XRP become the currency used for the settlements in the new dApp of R3. R3 is proud to announce the release of Corda Settler, an open source …
Read More »Funds Network Calastone launches Blockchain settlements in 2019
[ad_2][ad_1] Calastone, the operator of a London-based investment network for investment funds, is trying to move the entire settlement system to a blockchain by May 2019. According to a Sunday Financial Times report, Calastone, which provides services to over 1,700 companies including JP Morgan Asset Management, estimates the plan could …
Read More »What makes XRP more immune to regulatory news than other currencies? (The Bank of International Settlements has an answer)
[ad_2][ad_1] A few days after a bull run has raised investor hope that XRP, despite all criticism, may not be as centralized as critics claim, a new relationship has emerged completely destroying that altered perception that has just begun to gain traction. The report of the Bank of International Settlements …
Read More »Singapore Stock Exchange becomes Blockchain for quick settlements
[ad_2][ad_1] Singapore's primary stock exchange announced an operational partnership with the country's central bank to develop a blockchain platform for securities settlements. In a Friday announcement, the Singapore Exchange (SGX) revealed details of a new operational partnership with the Monetary Authority of Singapore (MAS) – the central bank of the …
Read More »SGX, Central Bank Plan Blockchain for settlements
[ad_2][ad_1] The Singapore Stock Exchange (SGX) has announced a partnership with the Monetary Authority of Singapore (MAS), the de facto central bank of the city-state, to explore the use of the blockchain to improve the speed and the efficiency of the transaction settlement process. The initiative is getting technical support …
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