Categories: Bitcoin Business

WORLD NEWS: This Week in Blockchain and Crypto

Click here to view original web page at bitcoinke.io

This week in crypto has seen a good announcements from government regulators talking crypto to huge spikes and movements within the crypto markets.

The most popular story of the week was probably the recent transaction which saw $1 billion worth of Bitcoin move between unknown wallets for a mere $700. What is even interesting is the fact that the sender was willing to pay 20 times more than the $35 miner fee for such a transaction.

You don’t hear tech giant, Apple, talking blockchain or crypto, but this week got everyone excited when CNN reported that an Apple executive revealed that the company is keeping an eye on digital currencies. It was reported the Jeniffer Bailey, VP, Apple Pay, said that the company finds crypto interesting and and it finds cryptocurrencies with ‘interesting long-term potential.” Whether Apple makes an announcement on the same at its upcoming September 10th, 2019 event or not remains to be seen.

Another big story of the week was the release of Telegram’s $1.7B highly anticipated TON Testnet code and NODE Software on its website. This first version of the blockchain features sharing and other functional consensus mechanisms.

For institutional investors, it was also good news to finally get their hands on Bitcoin with the launch of Bakkt Warehouse deposits and withdrawals. This weeks just two weeks before the custodial service rolls out daily and monthly Bitcoin futures on September 23rd.

There was also more news from the East with China’s Central Bank revealing that its forthcoming digital currency will bear similarities with Facebook’s Libra cryptocurrency. The Deputy Director, People’s Bank of China (PBoC), Mu Changchun, said that the sovereign currency will be support on major Chinese payment platforms such as WeChat and AliPay. The tokens will be guaranteed by PBoC making them secure and accessible even without an Internet connection. It is speculated the currency could be launched as soon as November 2019.

Want to know the most popular posts on BitcoinKE this week?

Check them out below in order of popularity:

Subscribe to our email newsletter and join our growing Facebook and Twitter communities to keep up-to-date on latest news and happenings in the crypto and blockchain space around the globe.

Like our content? Please support our work by tipping us.

The most popular story of the week […]

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

Watford FC to brand Bitcoin logo on the jersey

The initiative is being carried out as a part of a brand partnership with sports betting site Sportsbet.io. Sportsbet.io's marketing… Read More

5 hours ago

Latest Bitcoin price and analysis (BTC to USD)

At the time of writing, Bitcoin (BTC) is trading at just above $10,300 after gaining about 1% since last week.BTC… Read More

5 hours ago

Johnstone: How To Defeat The Empire

Authored by Caitlin Johnstone via CaitlinJohnstone.com, One of the biggest and most consistent challenges of my young career so far… Read More

5 hours ago

Today’s Bitcoin Drop Driven by Massive Volume Influx

Bitcoin has been facing a bout of sideways trading for the past several days, but today’s drop to below $10,200… Read More

5 hours ago

L.A. to Choose Blockchain Pilot Project at CIS Conference

With a growing interest in blockchain solutions for government, the city of Los Angeles has partnered with organizers of a… Read More

5 hours ago

Bitcoin’s heading to a new all-time high along with the S&P 500, says Fundstrat’s Tom Lee

watch nowTalk about a bitcoin bull case.The digital currency is headed to new record highs, says Tom Lee, co-founder, managing… Read More

5 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More