chain Archives - Page 89 of 233

Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says

June 9, 2020cashtechnews

Can Bitcoin’s network handle mainstream adoption? As Bitcoin (BTC) continues to pick up mainstream traction, the asset’s blockchain scalability remains an issue, according to Decred co-founder Jake Yocom-Piatt. “There is enough demand for on-chain Bitcoin transactions during peak demand times to completely fill blocks and drive fee rates up substantially,” Yocom-Piatt told Cointelegraph, noting the struggles […]

Australians, New Zealanders Can Now Use Bitcoin in Vending Machines

June 9, 2020cashtechnews

Vending machines operated by major Asia Pacific soft drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto. Vending machines operated by major Asia Pacific soft drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto. The development follows a new deal with digital asset platform Centrapay, announced on […]

Crypto Garage Launches Commercial Service for Settlenet System

June 9, 2020cashtechnews

Commercial service on Crypto Garage’s Settlenet system, trialled for a year within Japan’s regulatory sandbox, is now available. Japanese blockchain development company Crypto Garage announced it was launching commercial service on its Settlenet platform for the crypto OTC market. According to an update on Digital Garage’s website posted on June 8, its Crypto Garage venture […]

Ethereum Topped Bitcoin In Network Daily Fees Over Weekend

June 8, 2020cashtechnews

Daily Ethereum network fees have surpassed those of the Bitcoin network and the gap is growing, recent data suggests. Daily Ethereum network fees surpassed those of the Bitcoin (BTC) network for two consecutive days on June 6 and June 7, data obtained by on-chain market analysis firm Glassnode shows. According to Glassnode, on June 6, […]

Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

June 8, 2020cashtechnews

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. China Zheshang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the National Association of Financial Market Institutional Investors’s (NAFMII) pilot project for ABCPs. An […]

3 Reasons Bitcoin Price Could Be on the Verge of a New Uptrend

June 8, 2020cashtechnews

Bitcoin price may be gearing up for a short-term rally as miners sell less BTC than they mine on a daily basis. The price of Bitcoin (BTC) has risen by 170% in the last three months from $3,600 to $9,700. Despite this immense 3 month recovery, a series of fundamental factors point to the possibility […]

Investors Turn Bullish as Bitcoin Exchange Reserves Drop to 1-Year Low

June 7, 2020cashtechnews

Bitcoin reserves on cryptocurrency exchanges sank to a 12-month low, indicating investors are accumulating BTC. According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase. On June 6, various media outlets reported that Coinbase may sell its blockchain intelligence […]

This Chinese City Is Launching a Blockchain Notary Program

June 6, 2020cashtechnews

Suzhou wants to implement a blockchain-based pilot program to use real-time notarial tracing functions across the country. Local media outlets are reporting that a blockchain-powered pilot program will provide a wide range of notary services in Suzhou, China. According to China Quality News, authorities of Suzhou announced on June 5 that this program aims to […]

VeChain Bolsters Traceability of Chinese Pork Products

June 6, 2020cashtechnews

Blockchain-based supply chain solutions proliferate, as VeChain establishes partnerships with fresh meat suppliers. Traceability-focused blockchain project, VeChain, has announced a partnership with China’s Shenzhen Yuhongtai Foods Company. This will allow Shenzhen to track pork products distributed by the retailer’s subsidiary, Meijiada Fresh Foods. The partnership will see detailed information concerning how pork sold by Meijiada […]

Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?

June 6, 2020cashtechnews

Bitcoin price must hold the low $9Ks to continue its upward grind and finally conquer the psychological $10,000 level. The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market […]

Tag: chain

Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says

Australians, New Zealanders Can Now Use Bitcoin in Vending Machines

Crypto Garage Launches Commercial Service for Settlenet System

Ethereum Topped Bitcoin In Network Daily Fees Over Weekend

Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

3 Reasons Bitcoin Price Could Be on the Verge of a New Uptrend

Investors Turn Bullish as Bitcoin Exchange Reserves Drop to 1-Year Low

VeChain Bolsters Traceability of Chinese Pork Products

Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?

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