Goldman Sachs is reportedly anticipating a substantial increase in trading volumes of blockchain-based assets in the next one to two years. There is also growing interest in cryptocurrency derivatives trading among clients, as the market awaits the approval of a spot bitcoin exchange-traded fund (ETF)...
Ripple has updated its crypto-enabled cross-border payments solution. The newly enhanced Ripple Payments, formerly known as RippleNet, enables businesses to leverage the blockchain easily for faster, cheaper and more efficient cross-border payments, the provider of enterprise blockchain and crypto solutions said in a Friday (Dec. 8)...
Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence in the price of bitcoin. “Today, the vast majority of the millions of bitcoin owners keep their bitcoin in the...
Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by integrating blockchain, smart contracts, and artificial intelligence” (AI) the company said in a news release. The solution promises a “secure...
Citi has created an application that uses blockchain to execute foreign exchange (FX) trades. The new tool, announced Wednesday (Nov. 14), employs blockchain infrastructure to price and perform bilateral spot FX trades, and was developed for the Monetary Authority of Singapore’s (MAS) Project Guardian, a collaborative initiative by the...
America’s largest bank is apparently skeptical about recent cryptocurrency market enthusiasm. As Coindesk reported Monday (Nov. 13), a recent research report by JPMorgan Chase calls into question the excitement about the possible approval of spot bitcoin exchange-traded-funds (ETFs) that has led to a bull market for crypto. This sentiment...
Onyx by J.P. Morgan has recently launched programmable payments through its blockchain-based digital currency, JPM Coin. This innovative solution allows users to program their transactions using an “If-This-Then-That” interface, providing greater control and flexibility over their accounts. According to a press release, the programmability allows...
HSBC Holdings, one of the world’s leading bullion banks, aims to revolutionize the London gold market by harnessing the power of blockchain technology. The bank has introduced a platform that uses distributed ledger technology to tokenize ownership of physical gold stored in its London vault,...
Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark. The cryptocurrency jumped around 1.5% to $35,185 early Wednesday in New York, surpassing the most recent high set last week and reaching its highest price since...
