Bitcoin Price Too Volatile for Merchants, Claims PayPal CFO

The bitcoin price is too volatile to make it a useful payment tool for merchants, PayPal CFO John Rainey claimed in a recent interview. Bitcoin Price Too Volatile for Merchants Rainey made this claim during a recent episode of “Mad Money,” explaining that merchant margins are too thin to make bitcoin a viable payment medium. […]

IBM and Veridium to Transform Carbon Credits into Blockchain-Based Tokens

IBM has partnered with environmental fintech startup Veridium Labs to turn carbon credits — tradable instruments that provide an economic incentive to those who want to reduce their greenhouse gas emissions — into blockchain-based tokens. In a joint press release, the two companies announced a collaboration to “transform the carbon credit market using IBM blockchain […]

Kyber Network Review

The post Kyber Network Review appeared first on 99 Bitcoins. Kyber Network is a decentralized exchange for cryptocurrencies. Founded by Loi Luu, Victor Tran, and Yaron Velner in 2017, Kyber Network can be used to exchange and convert digital assets. The Kyber Network token sale took place in September 2017, which raised around 200,000 ETH […]

Ethereum (ETH/USD) Technical Analysis (May 16, 2018)

Even though Ethereum is trading at 50 percent of its ATHs, chances are it might retrace in the coming days. In the last 24 hours for example, it is down three percent after failing to surge past $900 earlier this month. Now, because we have these lower lows, taking shorts might be a good trading […]

Nomura Unveils Institutional-Grade Cryptoasset Custody Service

A global venture called Komainu has been created to provide a secure digital asset custody solution for institutional investors. Partners in the venture include Nomura, a global financial services group, Ledger, a digital asset security solutions provider, and Global Advisor Holdings, an international investment house. Japanese Holding Company Nomura Unveils Institutional-Grade Cryptoasset Custody Service The […]