Day: June 19, 2022
Business

Bitcoin heads for dismal weekly close as BTC price rejects at $20K

[ad_1] Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$16,000 eyed for possible next moveData from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from lows of $17,592 on Bitstamp before being firmly rejected at $20,000.Low-liquidity trading conditions had made for a grim weekend for hodlers as the largest cryptocurrency fell to levels not seen
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BLOCKCHAIN

How a DAO for a bank or financial institution will look like

[ad_1] DAOs can provide several services for banks, including asset management, compliance and lending. Banks today are already using blockchain technology for things like payment, clearing and settlement, trade finance, identity and syndicated loans, according to The Financial Times. However, there are still many unexplored areas in banking where a DAO-based model might be useful: Fundraising In the crypto world, initial coin offerings (ICOs) are breaking down the barrier between
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ANALYSIS

6 Questions for Annabelle Huang of Amber Group – Cointelegraph Magazine

[ad_1] We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Annabelle Huang, the managing partner at Amber Group, a global leading digital asset platform. Prior to Amber Group, I served as the Asia lead at AirSwap, a decentralized trading platform that enables peer-to-peer trading on
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