Tag Archives: News

On the 24th of September, the Speaker of the United States House of Representatives announced an official impeachment inquiry opened against sitting President Donald Trump. The issues against him ranged from obstructing Congress to some foul play in his recent dealings with the president of Ukraine, Volodymyr Zelensky. Even though Trump is yet to be removed from office, the president has now been impeached by the House and reactions have begun to pour in. Interestingly the stock market has...

Alexander Holmes, CEO of MoneyGram, the main money transfer organization, as of late talked about his joint effort with Ripple, much the same as Brad Garlinghouse, CEO of Ripple, anticipates that the world’s biggest banks should adopt digital forms of money in 2020.It is accepted that 2020 will be the year when digital forms of money proceed to wider growth, and not every person can endure.In the recent interview, Holmes said that their joint effort with Ripple could change the payment...

Binance has made a minority investment in the derivatives exchange FTX becoming the first outsider investor in the firm. As part of the deal announced on December 19, the crypto trading platform company acquired equity in the FTX derivatives firm. Additionally, it bought long positions in the FTX native Token, FTT. In that context, Sam Bankman-Fried, FTX founder and CEO said:“The investment will help accelerate the growth of FTX with support and strategic advisory from Binance while FTX...

The major technology players have teamed up and joined forces to create a common standard that will allow home devices to be able to connect. The technology giants that include Apple, Google and Amazon will create a common standard. This standard will allow devices to communicate seamlessly. Pundits have indicated that this will create a basis for the effective implementation of the internet of things (IoT). IoT has had major issues due to the different methods of communication across...

Gold bugs certainly have had quite the field year in 2019. The price of gold, even though it’s had ups and downs like pretty much every other asset, has still brought in significant year-to-date (YTD) returns so far. The price behavior might be seen by gold bugs, especially those who are anti-Bitcoin, has a feather in the yellow metal’s hat, against Bitcoin, especially recently.2019 was an interesting year because of quite a few factors. These factors including trade problems, cross-border...

Brian Armstrong, CEO of cryptocurrency exchange Coinbase, has recently secured a patent for sending Bitcoins via email. Initially filed in March 2015, the patent was finally rewarded this week on Tuesday, December 17.Basically, the patent describes a method for cryptocurrency payments by linking the email addresses to their corresponding wallet addresses. Once the sender makes a request to send crypto payments to an email address, the system automatically sends the desired amount.Note that...

Thailand, one of the most-visited countries in the world announced it plans to soon apply blockchain to its Electronic Visa On Arrival (eVOA).Every international traveler is pretty much aware that one of the parts of traveling means unfortunately endless forms, applications to be submitted, and countless checkpoints.Visa paperwork, customs controls, pre-boarding security checkpoints and even hotel passport controls – the same information is checked numerous times and for what? Of course, we...

Bitcoin cash price is currently correcting higher above $180 against the US Dollar.The price is facing many challenges on the upside near $188, $192 and $196.There are two key bearish trend lines forming with resistance near $188 and $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to struggle near the $196 level and it might resume its decline.Bitcoin cash price is showing a few positive signs above $180 against the US Dollar. However, BCH/USD must...

After this week was pretty bearish for Bitcoin, it finally turned its way upwards. Some of the merits go to the crypto derivatives platform ErisX that started with its physically settled Bitcoin futures contracts, launching only the second such product suite in the U.S. However, only after Wednesday it went above the $7,000 mark. At the time of writing, it is trading at $7,179 that came as a welcome change that brought a dash of optimism among traders and analysts.With sentiment going up and...

It has become known that Everledger, Tencent and Alrosa will sell diamonds with blockchain IDs. A blockchain startup Everledger will serve as a basis for the retail mini program which is exclusively for WeChat customers. Having one billion Chinese folks using it in everyday tasks, the app gives transparent and truthful details about different things. And now – including the luxury stones. The feature is using blockchain for traceability and transparency. Customers will be able to obtain...