Tokenlion brings the latest Cryptocurrency, Blockchain, and ICO Related news. Know what is happening in the cryptocurrency world by getting the latest information from various sources daily.
Nasdaq has made a deal and acquired a Swedish exchange Cinnober. The newly acquired exchange is crypto-friendly and has a bullish bias towards digital assets. Nasdaq is trying to legitimize cryptocurrency trading by making them more secure and available to larger investors.
The World Economic Forum and Bain & Company have conducted a research on Blockchain and trade financing. They say that Blockchain technology could fill the $1.5 trillion dollar gap for supply and demand in global trade finance.
A research by TrustNodes suggests that ICOs have sold over 160,000 ETH over the past 10 days which is the main contributing factor to the abrupt Ethereum price drop. ICOs have been selling their Ethereum to cover business costs or they were afraid of the bear market. Also, in August, projects were selling only bits of Ethereum but the volume has gradually increased.
The largest cryptocurrency exchange Binance is teaming up with Malta Stock Exchange. They want to launch a security token exchange platform. Malta is bullish and optimistic towards cryptocurrencies and blockchain technology.
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