WASHINGTON (Reuters) – U.S. home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated by a lack of properties, especially in the lower-priced segment of the market. The report from the National Association of Realtors (NAR) on Monday could temper expectations of a strong spring […]
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WASHINGTON (Reuters) – U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates. The second straight monthly decline in homebuilding reported by the Commerce Department on Friday probably reflected in part massive flooding in the Midwest, with housing starts […]
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Singapore-based startup Ecxx Global Private Ltd. will launch its digital asset exchange on March 21 with more than 12,000 users already registered during pre-launch, the company said on Wednesday. Ecxx is backed by US$44 million in funding which it raised from investors that include CapitalX, Epsilon Investment and Ariki Asia and aims to become “the world’s leading digital asset exchange.” […]
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The stablecoin space is to face a storm of disruption from ROCKZ, the first legally enforceable stablecoin backed by the Swiss Francs, one of the strongest fiat currencies in the world. Those that have been trading cryptocurrencies for some time are well aware that the rampant volatility is a main obstacle to a large scale adoption. Recent surge in prices […]
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A San Francisco based start-up, funded by Coinbase Ventures and UC Berkeley’s House Fund, has announced the launch of a Plasma Cash implementation on Ethereum’s Rinkeby testnet and a sidechain. “By moving transactions and smart contracts onto a Layer 2 environment using the power of Plasma architecture, Elph can help Ethereum dApp developers scale, secure and speed up their applications, […]
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Swiss asset manager and commodities trader under Tiberius Group AG planned to launch Tiberius Coin, backed by seven commodities on October 1, 2018. The company received orders worth more than $1 million via its subsidiary Tiberius Technology Ventures AG. The company said, As of now, we are investing heavily in our platform, improving it and working with notable credit-card processors to […]
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The Bakkt firm that is scheduled for launched on Wall Street in November, has been regarded as a game changer in the crypto-verse. Bakkt stands the chance of being the catalyst that will bring in the highly anticipated Institutional Investors by offering them a secure avenue to invest in Bitcoin (BTC) and other major cryptocurrencies. Bakkt aims at using existing […]
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The concept of asset-backed cryptocurrency is fascinating, they are coins that carry the value of real-world assets. Therefore, their prices are guaranteed not to drop beyond the value of the physical asset they are representing. At the moment the popular physical assets that are utilized as a backing for tokens/coins are the precious metals. This metal include, gold, silver, and […]
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Ethereum World News – Ethereum & Bitcoin Blockchain News A Case for Bitcoin (BTC): The USD is Not Backed By Gold or Silver and Has an… How Coinbase is En Route to Becoming the ‘NYSE’ of Crypto 2 Days Until Binance Opens a Fiat-Crypto Exchange in Singapore Crypto Market Remains A Mixed Bag — “The Selloff Is Overdone” Fundstrat: Bitcoin […]
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