Bitcoin’s consolidation culminated with a downside break below the $8.3K support but bulls are fighting to hold the price above the 200-day moving average. After three days of trading in a tightening range Bitcoin price (BTC) dropped below $8,300, stopping at $8,264 which is slightly below the $8,300 support and the 200-daily moving average (DMA) […]
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Former CFTC chairman J. Christopher Giancarlo has some new remarks regarding his Digital Dollar initiative, speaking in Davos. The former chairman of the United States Commodity Futures Trading Commission (CFTC) has some new remarks regarding his Digital Dollar initiative, speaking in Davos. On Jan. 22, Ex-CFTC chairman J. Christopher Giancarlo confirmed that the Digital Dollar […]
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Recent research shows that Ether was the cryptocurrency most correlated to the rest of the crypto market in 2019. Recent research shows that Ether (ETH) was the cryptocurrency most correlated to the rest of the crypto market in 2019. In a report published on Jan. 22, the research arm of major cryptocurrency exchange Binance suggests […]
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The Blockchain Association has filed an amicus curiae brief in response to the litigation against Telegram initiated by the SEC. The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocates involved with the […]
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In Q4 2019, Hyperledger’s Fabric open source blockchain software overtook R3’s Corda in terms of developer activity. In the last quarter of 2019, Hyperledger’s Fabric open source blockchain software saw more developer activity than R3’s Corda platform. Blockchain service firm Chainstack recently published a report about developer activity on six major enterprise blockchains, showing that […]
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Ray Dalio gave an interview to CNBC explaining his investment thesis, noting that Bitcoin is not fulfilling its purposes as money and is inferior to gold. Ray Dalio, multi-billionaire and founder of investment firm Bridgewater Associates, said investors should not miss out on traditional markets, CNBC reported on Jan. 21. Dalio warned from holding Bitcoin, […]
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Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments. Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cross-border payments. On Jan. 22, the Hong Kong Monetary Authority (HKMA) and the Bank of […]
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Compared to traditional cloud servers, decentralized solutions for data storage claim to be secure, private and efficient, but can they address the scalability issue? Cloud servers are able to keep a full record of our lives, storing literally everything from personal photos and videos from our smartphones to work documents. At first glance, this solution […]
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Real Items Foundation plans to release a blockchain-based Shopify plugin to ensure consumers purchase authentic products. A San Francisco-based startup called “Real Items Foundation” is beta testing a Shopify plugin to ensure that authentic items are being sold to online shoppers. The plugin –- powered by a combination of blockchain technology and a cloud-based application […]
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A comparatively small initial coin offering project is charged by the SEC for an unregistered security offering, in addition to allegations of fraudulent claims. The Securities and Exchange Commission (SEC) has charged Sergii Grybniak, the founder of the initial coin offering (ICO) project Opporty, according to a Jan. 21 press release. Despite raising approximately $600,000, […]
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