This week Google had a change of heart, IBM urges the US government to take a leadership role on blockchain, crypto mining giant Bitmain decides to go public, and more!
Market Cap: Top 10 Currencies
The top 10 currencies have managed to recover some losses during recent sessions. As a group, their combined market caps have gained 3.75% over the last three days. (Currencies included this analysis: ADA, BCH, BTC, EOS, ETH, LTC, USDT, XLM, XMR, XRP)
Market Cap: Currencies Ranked 3-10
A surge from the assets ranking between 3 and 10 drove their combined market cap up nearly 4% with LTC and BCH leading the way.
(Currencies included this analysis: ADA, BCH, EOS, LTC, USDT, XLM, XMR, XRP)
Share of Market Cap: Ripple
After a brief correction early this week, XRP is close again to a 3-month high. At press time, its market cap represented roughly 10.29% of the total market cap of the top 30 cryptocurrencies.
The U.S. tech giant Google is set to update its ad policy in October, re-allowing some crypto businesses to advertise on its platform. The company announced this in an official post Tuesday, September 25.
Voyager is launching a strategic partnership with Ethos.io PTE LTD, a cryptocurrency services provider responsible for developing the Ethos Universal Wallet. This service allows users to store, track and distribute crypto assets. Read more.
Developers and companies researching blockchain technology are looking to the U.S. government to help spur adoption, a new report by IBM claims. Read more.
The newly elected co-chair of the Congressional Blockchain Caucus, U.S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. According to an official announcement, the bills focus on fostering government support for the blockchain space, clarifying money transmitter regulations and devising a tax scheme for hard forked assets. Read more.
A long-simmering feud between crypto companies and regulators boiled over in the Empire State last week. The conflict came to a head when the New York Attorney General’s office issued a report accusing digital currency exchanges of shady trading practices and behaving like scofflaws. Read more.
Bitmain, one of biggest cryptocurrency mining hardware designing companies in the world, has decided to go public. It filed an IPO application with the Hong Kong Stock Exchange (HKEX). Read more.
Italian football Serie A champions Juventus FC have become the latest top-level European football club to announce a partnership with a blockchain company, with the launch of the ‘Juventus Official Fan Token’. The token, which is being launched as part of a multi-year strategic partnership with blockchain platform Socios.com is designed to tap into the club’s 340 million-strong global fan base and evolve its fan engagement strategy with particular focus on embracing millions of Juventus fans based outside of Europe and creating an intimate fan experience for them. Read more.
The Smart Dubai office, a government initiative led by the Crown Prince of Dubai, is integrating blockchain technology into its retail payments smartphone app DubaiPay, enabling reconciliation and settlement transactions in real-time. Read more.
In an announcement today, the San Francisco-based fintech powerhouse said the social giving program will focus on educational projects that further financial inclusion around the world. Ripple for Good will also collaborate with RippleWorks, a nonprofit that has already worked on 70 projects in 55 countries across a number of social causes including medical aid, education, healthcare and more. Read more.