Tag Archives: News

All over the world, financial technology is one of the most potent and growing industries, with the power to not only improve but also completely disrupt the traditional financial sector. There almost always is a new fintech focused firm springing up every day at different corners of the world, to not only solve certain problems that have existed for so long but also to create better effectiveness and efficiency. So far, however, they have been successful because there is a very real and...

Popular messaging app Telegram updated the terms of service on its website on Tuesday with a new page for its yet-to-be-launched Gram wallet and token.The only link which has been publicly identified before now has been the Simple Agreement for Token (SAFT) registered with the United States Securities and Exchange Commission (SEC) in March 2018 which lists Telegram, Pavel Durov and Nikolai Durov ( the telegram developers) in the filing.Late last month the alpha version of the wallet of the...

UNICEF, the United Nations Children’s Fund, announced they are launching a crypto fund to, as per the announcement “receive, hold and distribute donations of Bitcoin and Ethereum in its aim to back open-source technology for children around the world.”On Wednesday, UNICEF said that the Cryptocurrency Fund will be among the first of United Nations organizations that will be given benefactions as are cryptocurrencies and it will allocate in the same digital currency form.The United Nations...

ADA price is currently correcting higher from the $0.0379 swing low against the US Dollar.The price is trading above the $0.0400 support area and it could continue to rise above $0.0450.There was a break above a major bearish trend line with resistance near $0.0390 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.0435 as long as it is above the $0.0380 support area.Cardano price is slowly rebounding higher against the US Dollar and bitcoin. ADA price...

Bitcoin price is consolidating above the $8,000 and $7,800 support levels against the US Dollar.The price is facing a strong resistance on the upside near the $8,350 and $8,400 levels.There are two key bearish trend lines in place with resistance near $8,350 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $8,350 resistance or it might decline further below $7,800.Bitcoin price is facing a strong resistance near $8,350 and $8,400 against...

Microsoft and Intel are backing a new type of rewards program for businesses developed by the Enterprise Ethereum Alliance (EEA). The program was first introduced at Devcon 5 in Osaka, Japan.A New Kind of Crypto Rewards ProgramRewards programs are solid ways of boosting crypto use. The more one utilizes or develops on a specific blockchain, the more rewards they can get. Typically, these rewards programs involve the garnering of tokens that individuals can spend or trade via exchanges and...

Considering there is so much hype surrounding bitcoin and other mainstream altcoins, is it possible we’ve forgotten about stable currencies? According to Jeff Garzik, that’s certainly the case.Jeff Garzik: Stable Coins Have a Lot to OfferGarzik is a former bitcoin core code contributor. While he’s confident bitcoin has a lot going for it, he believes the real staples of the crypto industry are stable coins, which he says are more valuable in a lot of ways in that they heavily mimic the...

The stocks of Microsoft Corp. rose 0.033% on Tuesday after Jefferies analyst Brent Thill said the next phrase:“It’s time for software investors to get picky.”Thill picked up the company’s coverage of the software sector at the beginning of the week with a swirl of rating and price target changes “to be more defensive in light of valuation and macroeconomic concerns.”In his research note, Thill says he remains positive on the software industry in general. But he highlights that there has to be...

Privacy-centered search engine DuckDuckGo says that people’s interest in online privacy is growing like crazy, and executives think this could spell good news for bitcoin and cryptocurrency.DuckDuckGo Pushes Privacy FurtherIn a recent survey conducted by the search platform, the general public was asked questions regarding their online security, and about why they felt internet privacy was one of today’s most important issues. Many suggested that they don’t want information being collected...

The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is generally regarded as unsupportive of the sector especially with its repeated disapproval and postponement of its decision to allow Bitcoin Exchange Traded Funds (Bitcoin ETF). However, an executive from Bitwise Asset Management seems to believe strongly that the upcoming SEC ruling will come in the company’s favor.Speaking to CNBC on its ETF...