money

Evolution of‘Payments’ Will Bolster Next-Generation Businesses

Humans have always been on a developmental journey. When we are born into thousands of years of inventions and improvements, it’s easy to take for granted what’s around us— as if they always existed. We seldom think about the changes it took to get to where we are.Take for example, the creation of language and how that opened up a new course in human history. How it led to communication, collaboration, communities and organizations. From there, people organized a set of doctrines and came up with story-telling, a precursor to

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.Cointelegraph spoke to Jocelyn Weber, the director of the Xcelerator, to find out more about the resources the program offers to startups, success stories from previous cohorts and advice for startups looking to launch in the crypto space.Cointelegraph: Could you give an overview

Not April Fool’s — Trump Hints at $9 Oil After Accidental Bitcoin Plug

After inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil to crash to just $9.In a press conference on March 31, Trump reiterated what has become a penchant for lower oil prices. Trump: $9 could “get you what you wanted”He was speaking amid talks with both Russia and Saudi Arabia, both of which plan to increase oil production this month despite the plunge in demand caused by coronavirus. WTI crude prices have lost more than 50% in the past 30 days alone. “Look,

Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up

Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions.With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. Yet with unemployment on the rise and an uncertain economic future, it seems consumers want to save their money rather than spend it.Bitcoin transactions rivaling those during crypto winterThe crypto market is not exempt from this

How to Trade Bitcoin Using Leverage and Not Worry About Liquidation

Institutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC). Despite being far more complex, such instruments allow traders to generate gains independent of what happens over the next weeks or even months, which is essential for traders’ peace of mind to achieve optimal performance.Retail traders have only recently begun using derivatives, although they have focused almost exclusively on futures contracts offered by BitMEX, OKEx, Binance and so many

Strict Japanese Crypto Laws Discourage Foreign Exchanges … For Now

[vc_row disable_element="yes"][vc_column][vc_column_text] A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term. Double jump.tokyo, the game developer behind My Crypto Heroes, commissioned a research team at So & Sato Law Offices to carry out a comprehensive report on digital assets in Japan. Released on March 31, the report covers all aspects of digital assets in the Asian nation, from tokenized securities to crypto derivatives. Entering the crypto market under strict regulations Joerg Schmidt and So