Monday, April 22, 2019
The bitcoin price is holding at the $5,100 level, which is drowning out the bearish voices. BitMEX CEO Arthur Hayes isn’t always the biggest bitcoin bull in the room, but he’s coming around. Hayes predicts the bitcoin price could reach at least $50,000 in the next two-to-five years. Clearly, the...
Ripple, the blockchain-based payment network, suffered a setback after Japan’s Resona Bank said it would no longer use MoneyTap, a consumer-centric retail payments app that uses Ripple’s enterprise blockchain technology. Resona – Japan’s fifth-largest financial institution – did not provide a reason for the abrupt cancellation, which makes it the...
It’s happening. The blockchain is disrupting the agriculture space, thanks to Fogo de Chao, a Plano, Texas-based Brazilian steakhouse. Fogo de Chao revealed it will integrate blockchain technology to monitor the meat it serves from farm to table. In doing so, the restaurant is helping to catapult the cattle...
As empty as the phrase may be, most people agree that we need more women in blockchain. “You can’t have a revolution and leave out half of the population,” insists Celsius Network’s Alex Mashinsky, also the inventor of VOIP. Yet, while most people look to education, user experience, the learning curve,...
The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom Lee not only believes that this week’s increase is justified, but he told CNBC the BTC price fails to reflect fair value,...
Switzerland’s five-star hotel The Dolder Grand has announced that guests can now settle their bills in bitcoin or ether. In a tweet, the Zurich-based luxury hotel announced it was the first facility of its kind to accept cryptocurrency payments. The crypto payment feature is being facilitated by fintech firm Inacta....
The Securities and Exchange Commission (SEC) has once again proven its inability to make decisions regarding a cryptocurrency exchange-traded fund (ETF). This time, the helpless victim waiting on the sidelines is Bitwise, which initially filed for its ETF two months ago in January. A section of the Securities and Exchange...
In the past 48 hours, the valuation of the crypto market has increased by $6 billion from $136 billion to $142 billion, accompanied by the strengthening momentum of bitcoin. A token called Mana recorded a 36 percent gain against the U.S. dollar within several hours (Source: Coinmarketcap.com) Tokens and low market...
Russian billionaire Vladimir Potanin wants to launch cryptocurrency tokens pegged to the precious metal palladium. Potanin also wants to establish a regulatory framework for digital platforms in order to promote crypto use in Russia. “Transactions in tokens are simpler and more convenient,” Potanin said, as reported by Bloomberg. “People more and...
The escalating arms race between India and Pakistan reached a dangerous pinnacle on Wednesday as India deployed a ballistic space missile. Using an anti-satellite weapon dubbed ‘Mission Shakti’, India’s military forces successfully shot down a low-orbit satellite. Indian Prime Minister Modi proudly declared his country a “space power,” becoming only...