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Tag Archives: News

Microsoft Will Work with Ethereum to Develop New Digital Assets

Software giant Microsoft is developing a new way to ensure newly created cryptocurrency tokens are easy to audit and much harder to fabricate.Microsoft Brings Azure to the TableKnown as Azure Blockchain Tokens, the platform has been utilized by several video game companies to create tokens that players can earn through gameplay. Now, Microsoft is taking the system to new heights and spreading its services to companies like General Electric, which is now among the first major conglomerates...

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David Marcus Suggests Bitcoin Isn’t a Currency; Compares It to Gold

David Marcus – the head of Facebook’s blockchain division – had some unusual things to say about bitcoin.Marcus: BTC Isn’t a CurrencyIn a recent interview with CNBC, the Facebook boss explained that he didn’t think BTC was a currency, and instead claims it has similarities with precious metals which cannot necessarily be used to purchase items but are a great store of value.In the interview, Marcus explains:I don’t think of bitcoin as a currency. It’s not a great medium of exchange because of...

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Stellar Undergoes Massive “Burn,” Price Surges

Stellar, the world’s tenth-largest cryptocurrency by market cap, has seemingly jumped in price by more than 20 percent over the past day following an announcement by executives that the currency would undergo a massive “burn.”Stellar Is Up in FlamesThe process of “burning” crypto involves deleting it from existence. It does not reside on any blockchain or ledger, nor can it be purchased or added to any wallet address. The currency is gone, and it can never be bought, sold or traded in the...

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Bakkt is Expected to Make a Huge Splash in November after Underperforming

Many people within the crypto space had expected the new kid on the block when it comes to cryptocurrency securities, exchanges, and other related instruments to drive the cryptocurrency sentiments to new highs, however, the reverse has been the case. As investors haven’t warmed to the Intercontinental exchange’s (ICE) Bakkt Futures platform.But that is expected to change as indications have emerged that Bakkt is set to break records this month. On November 5th, trading on the platform...

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Bitcoin Price & Technical Analysis: BTC Returned to Flat

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBrexit helps the BTC – Easy CryptoChina does not consider mining unwanted activity anymoreOn W1, the Bitcoin is trying to secure above the resistance line it has overcome. This might mean that the market players are waiting for yet another impulse of growth to the local resistance at $11321.00. However, growth to the main peak at $13857,20 in neither excluded.On the MACD, the histogram is still in the...

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Ousted Bitmain Co-Founder Micree Zhan Is Ready to Fight for the Company with Legal Weapons

Micree Zhan, the co-founder of popular crypto mining company Bitmain, has said that he will definitely return to the company, even if it means considering a legal course of action. This is the first time Zhan has publicly spoken on the matter after news of his abrupt and shocking sack from the company made the rounds last week.In an email that shocked not just Bitmain staff but eventually the entire crypto world at large, co-founder Jihan Wu informed employees that Zhan was no longer a part...

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Xerox Puts Forward a Takeover Offer to HP Valued at $27 Billion

In what can turn out to be one of the biggest takeovers, Xerox has put forward a cash-and-stock offer for computing giant Hewlett Packard. The latest report states that both companies are looking to cut costs and this merger can help them save around $2 billion in expenses.Xerox, which has specialized over the years in making printers and copiers, has an $8.5 billion market cap. This is one-third of the market cap of HP, currently valued at $27 billion. It is unclear how Xerox plans to go...

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EOS Price Analysis: Dips Remain Well Supported Near $3.40

EOS price is trading nicely above the $3.320 and $3.400 support levels against the US Dollar.The price is currently correcting lower and it might test the $3.400 support area.There is a key bullish trend line forming with support near $3.440 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to find support on the downside and it might resume uptrend above $3.600.EOS price is gaining traction above $3.400 against the US Dollar, and remains well bid vs...

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Litecoin (LTC) Price Analysis: Primed For More Gains Above $65

Litecoin price is trading in a positive zone above the $60.00 support area against the US Dollar.LTC price is currently trading below the key $64.20 and $65.00 resistance levels.There is a key bullish trend line forming with support near $61.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported near $60.00 and it could rise above the $65.00 resistance.Litecoin price is moving nicely in a bullish zone against the US Dollar and bitcoin. LTC price...

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Binapex Offers Users Full Security and High Speed of Transactions

Photo: BinapexIn a wide row of crypto exchanges, Binapex can be really noted for its safety and speeds of transactions. It is located in Seychelles and is built to provide its users with a reliable platform with which they can track and trade cryptocurrencies like Ethereum, Bitcoin and lots more.Binapex.com stands out from the row of other platforms as it introduces convenience, simplicity, and tight security to the crypto-space through its fiat currency, token, and cryptocurrency exchange...

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