Month: July 2020

On July 16, 2020, Credits company announced that it obtained a patent package for technological processes that can improve conditions of decision-making within the decentralized network. This is a specific niche of the company whose activities are aimed at providing unique payment services that combine traditional and new solutions. Credits is an open-source and decentralized blockchain platform for the development and execution of smart contracts and decentralized applications. The project offers public and private solutions suitable for B2C and B2B Read more …

After the famous bull market of 2017, the cryptocurrency market experienced a very long and harsh bear market. Whilst this makes for a complicated period for investors, it’s not a complete tragedy; even if prices have been disappointing, fundamentals, on the other hand, have never been so strong. The blockchain universe has never been as innovative and competitive, and this article is here to prove it by comparing three innovative projects: Fusion, Cosmos and Polkadot. Best DeFi Interoperability Solutions These Read more …

Advertisment After the famous bull market of 2017, the cryptocurrency market experienced a very long and harsh bear market. Whilst this makes for a complicated period for investors, it’s not a complete tragedy; even if prices have been disappointing, fundamentals, on the other hand, have never been so strong. The blockchain universe has never been as innovative and competitive, and this article is here to prove it by comparing three innovative projects: Fusion, Cosmos and Polkadot. Best DeFi Interoperability Solutions Read more …

A prolonged period of low volatility is setting Bitcoin towards a big price move. The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range. Nevertheless, three separate technical indicators put Bitcoin at the risk of breaking lower towards $8,500. Buckle up, Bitcoin traders! The sailing from here could get bumpier as the cryptocurrency continues to trade strictly inside a $300 trading range. BTCUSD has repeatedly failed to sustain a rally above its short-term resistance Read more …

Top cryptocurrency exchange Binance was added to the Securities Commission Malaysia’s list of unauthorized entities earlier today.  According to the regulator, the digital asset trading platform is “operating a recognized market without authorization from the SC”.  Malayisan law requires cryptocurrency exchanges to register as Digital Assets Exchanges with the SC. After the initial filing, they get up to nine months to meet the SC’s regulation standards. So far, only three cryptocurrency platforms — Luno, Sinegy and Tokenize — have received Read more …

One of the best-performing cryptocurrencies over the past two years is LINK. The native token of the Chainlink project, the altcoin has rallied by approximately 1,700% against BTC from its 2018 lows. Chainlink is benefiting from a surge in adoption of its core technology, decentralized oracles, from many established entities. In the past month alone, the Chinese state-sponsored Blockchain Service Network, Huobi, and Nexo have integrated oracles from the project. These partnerships/integrations, coupled with an uptick in publicity on Crypto Read more …

From a medium-term perspective, it’s been an extremely strong year for Ethereum. From the capitulation lows of approximately $85 seen in March of this year, the largest altcoin has gained around 200%. And since the start of the year, ETH’s gains are approaching 100%. But stepping back, Ethereum is actually a poor performer on a macro scale. After peaking at an all-time high around $1,450 at the start of January, the cryptocurrency was thrust into a macro bear market. At Read more …

The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying the central bank is already using the CBDC for financial transactions with a number of big businesses. Thailand’s cement and building material provider, Siam Cement Group (SCG), and fintech firm Digital Ventures Company Read more …

Advertisment The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. You want the latest news about Crypto? Then follow us on Google News! The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying the central bank is already using the CBDC for financial transactions with a number of big businesses. Thailand’s cement Read more …

China controls much less Bitcoin (BTC) mining power than people think, according to a new survey. Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is actually responsible for around 50% of Bitcoin mining — not 65%. Much Chinese Bitcoin mining capacity “unaccounted for” Analysts used what they describe as various sources, as well as “confidential conversations” with miners, who agreed to divulge information on aspects such as power cost on Read more …

Cryptocurrency: An Exciting Asset Class The dawn of the cryptocurrency revolution has sparked tremendous excitement from a wide spectrum of individuals; from technology enthusiasts to retail investors keen on making a quick buck. Unsurprisingly, the fanfare around digital coins and tokens continues on an upward trajectory, given the increased media attention, as well as higher adoption rates of cryptocurrencies globally. Cryptocurrencies were created to enable individuals to store, transact and manage their digital assets in a secure and immutable way, Read more …

Stellar price rose higher late Thursday following its integration into the Samsung Blockchain Keystore. The XLM/USD exchange rate logged a 12 percent increase on a 24-hour adjusted timeframe, a move that took the pair out of a one-year-long consolidation range. The standout performance appeared despite a bearish mood across the top cryptocurrency tokens. Stellar was stellar in the last 24 hours. The fourteenth-largest blockchain asset (Ticker: XLM) rose by more than 12 percent to $0.1053, its highest level since July Read more …