Mastercard Looks to Blockchain to Make Coupons Immutable
A patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of coupons.
Crypto Exchange Huobi Quietly Opens Office in Brazil and Starts Hiring
Huobi, the third largest crypto exchange by 24-hour trading volume, is reportedly setting up an office in Brazil. According to reports in Portal du Bitcoin, representatives of Huobi were seen distributing business cards during Bitconf, a major cryptocurrency conference held in São Paulo, Brazil, on May 5-6, 2018. The Singapore-based exchange has yet to make […]
IMF Official: Central Banks Need to Compete With Crypto
An IMF official believes central banks need to offer “better” fiat currencies in order to fend off potential competition from cryptocurrencies.
Bitcoin Price Analysis: Consolidation Leans Toward a Strong Bitcoin Move
After days of sudden, strong selling, bitcoin has managed to find a local bottom in the low $7000s where it has been drifting around aimlessly. As many traders on Twitter have noted, we have formed a large consolidation pattern called a symmetrical triangle (outlined in red): Figure 1: BTC USD, 1-Day Candles, Macro Symmetrical Triangle […]
Vermont Governor Signs Bill Clearing Way for Blockchain Companies
Vermont’s governor has signed a bill allowing for the creation of so-called “blockchain-based limited liability corporations,” public records show.
Expect More Ripple Partnerships Throughout 2018, Banks Want to Save 30% of Cross Border Costs: Ripple (XRP) Price Analysis (May 30, 2018)
What I like about Ripple is their drive not only for adoption by strong global banks but their pitch of regulation and initiatives to support startups through Xpring. From the chart, it seems like Ripple prices are recovering and is up four percent in the last 24 hours. In our trade plan we want to […]
Time To Scoop Up Some altcoins Off the Floor: IOTA, Tron, EOS, Litecoin and Stellar Lumens Price Analysis (May 30, 2018)
Despite EOS critical vulnerabilities found by Chinese Internet Security Company, 360, prices are making a comeback. Of course, this is encouraging for hodlers who have seen their initial investment shrink by more than 70 percent in the last five months. I remain positive, first on EOS and Tron who have positive developments in the next […]
Italy’s Economic Pain Is the Bitcoin Price’s Gain
Perhaps it took an economic crisis of another kind to lift the cryptocurrency markets. Italy’s economy is reeling amid a political crisis that has placed a spotlight on the cracks in the EU’s economic foundation. Bitcoin Price Trends up as Italy’s Economy Falters Italian bonds are going bust, and the negativity has spilled over into […]
Average ICO Investor Makes 82 Percent Profit: Boston College Researchers
Much has been made about the prevalence of scams within the initial coin offering (ICO) industry. However, a new report published by researchers at the Boston College Carroll School of Management suggests that the average ICO investor is still raking in a significant profit. The 54-page report, titled “Digital Tulips? Returns to Investors in Initial […]
Bifröst: A New Blockchain-Based Effort to Deliver Foreign Aid Payments
ConsenSys Social Impact has joined hands with MakerDAO and Dether to launch Bifröst, a crypto-to-fiat payment system built to expedite the delivery of cash donations to aid groups in conflict areas. Bifröst was announced during a presentation today, May 29, at the Oslo Freedom Forum in Norway. Executives are planning to pilot the system this […]