ICE CEO Jeffrey Sprecher noted that Bakkt is the main booster for ICE’s growth and that the key focus for Bakkt in 2020 is consumer adoption.Bakkt, a company that is backed by the Intercontinental Exchange (ICE) which is also the proprietor to NYSE, will focus primarily on consumer adoption in the fiscal year 2020. This is according to ICE CEO, Jeffrey Sprecher who spoke during the Intercontinental Exchange’s Q4 earnings on Thursday, February 06, 2020.According to Sprecher, after Bakkt...
Read More »Fidelity’s VC Arm Invested $13 Million In His Blockchain-Based Startup: Clear’s Co-Founder Explains Why
Singapore-based blockchain startup Clear just raised $13 million in a Series A round of venture funding. Multinational financial services giant Fidelity facilitated the fundraise. Specifically, its investment arm, Eight Roads (formerly Fidelity Ventures), led the round. It makes sense that Clear went with Fidelity to help it raise venture capital.“Eight Roads is the investment arm that looks at strategic areas for Fidelity,” Clear’s co-founder and executive chairman Eran Haggiag told...
Read More »10 Most Important Companies to Know in DeFi
DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...
Read More »Binance Coin Price Analysis: BNB Soars 17% In A Week To Reach November 2019 Highs
Binance Coin saw a sharp increase of 9.8% over the past 24 hours as the coin rises to $21.50.Against Bitcoin, BNB has also increased to create a fresh 2 month high at 0.00219 BTC.Binance Coin has now climbed back into the top 10 ranked projects as it sits in the 9th position with a $3.33 billion market cap.Key Support & Resistance LevelsBNB/USDSupport: $20.75, $20, $18.50.Resistance: $22.70, $23.60, $25.BNB/BTC:Support:0.0022 BTC, 0.00215 BTC, 0.00212 BTC.Resistance: 0.00225 BTC, 0.00231...
Read More »Fairspin Blockchain Casino: 50 000 ETH of Winnings Secured by Smart Contracts
With nearly $10.6M of player winnings in a bit more than a year, the Fairspin casino is driving forward blockchain innovations in iGaming. The Fairspin blockchain casino entered the crypto and gaming spaces in late 2018 and claimed to be the ultimately transparent casino with gaming stats secured and exposed to everyone by smart contracts.A lot has changed since then. In 2019, the casino (formerly known as Fairplay) underwent a big upgrade that included an extended license from Curacao...
Read More »Tokenisation of Real Assets, MnI is Leading the Trend
Place/Date: - February 7th, 2020 at 10:09 am UTC · 3 min read Source: MnI In the digitalised era, under the increasing influence of blockchain technology, various Southeast Asian countries are holding positive attitudes to blockchain, with respective supporting policies, leading to a popularisation of blockchain technology in the business and public sectors. According to CVSource, the data sources in June 2019 shows that the blockchain industry in Southeast Asia has a relatively high...
Read More »TOP 5 Directions to Invest in 2020
Where are the best places to invest in 2020? In this article we will give you the top 5 directions. This includes where to invest your money online or offline this year, how to “buy time,” and receive interest even when you are not working. We will also show you where to invest in 2020 in order to receive monthly income, how best to do it, as well as provide several important recommendations from professionals in this regard.SecuritiesSecurities have long been a common source of investment....
Read More »Tesla (TSLA) Stock Is Down Now but with Full Self Driving Tesla Could Be Worth $6T by 2024
According to Ark Invest, if Tesla lands the self-driving option in the right way, it can soon launch an autonomous taxi service (robotaxis). As a result, the TSLA stock value may increase drastically and Tesla could hit $6 trillion by 2024.The leading electric car manufacturer Tesla has been experiencing rapid ups and downs in stock price lately. After a recent jump and reaching a new record of $961, TSLA stock crashed. However, some believe Tesla can save its situation. Besides, in four...
Read More »Bitcoin Price Hit $9800 Yesterday as Whales Move $2.4 Billion in BTC
Bitcoin price shot 4% on Thursday to surpass $9800 levels along with a sudden spike in the Open Interest. The community is enthusiastic about the upcoming Bitcoin halving event, however, the coronavirus outbreak in China is severely hurting the region’s mining business.In the last three days since February 5, Bitcoin price has added over $500 to its price taking it closer to $10,000 levels. On Thursday, February 6, BTC price surged above $9800 with nearly 4% gains. Moreover, with this move,...
Read More »260% Surge In DeFi-Locked Value In A Year: $1 Billion Already In
According to a popular Decentralized Finance (DeFi) monitoring resource, the value that’s already locked in the space totals over $1 billion. Interestingly enough, almost 60% of the market is currently overtaken by the Maker project. The majority of the money is also locked in lending solutions.Value Locked In DeFi Upwards Of $1 BillionAccording to DeFiPulse, the value that is currently locked into DeFi-based solutions exceeds $1 billion. This goes on to show how far the space has come in...
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