The price of Bitcoin abruptly dropped 4% from the day’s peak as the uncertainty in the stock market intensified. The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America, or […]
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The country continues to make slow but sure steps on its way to being a crypto-friendly nation Mongolia’s largest bank will soon begin offering crypto services including custody, remittance, deposits, loans, and crypto-asset management. According to DDaily, blockchain company Hexland — founded by former Samsung developers — and white label tech company Delio havagreed to […]
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Bitcoin’s price saw a 4% drop in the last 24 hours, but it’s unlikely to see a correction like in previous cycles for three reasons. The price of Bitcoin (BTC) has increased by 36% in the last 35 days, showing a strong rally. The market sentiment has been optimistic due to rising institutional demand and […]
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The IOTA blockchain finds a use case in industrial maintenance. The IOTA Foundation, a non-profit organization behind the IOTA blockchain, is collaborating with Japan’s government on a project targeting industrial infrastructure. The foundation has partnered on a project initiated by major Japanese maintenance companies, Best Materia and IMC, IOTA representatives announced on Oct. 27. The […]
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Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback. The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend […]
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A new trade management platform in Japan prevents data tampering using blockchain technology. According to an Oct. 26 report by Japanese news agency The Nikkei, seven Japanese companies are preparing to invest in a new trade data management system. Reportedly developed by NTT Data, the platform uses blockchain technology to prevent malicious third-parties from tampering […]
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He doesn’t seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. Wu Zhongze, China’s former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young. During an interview with The Paper, the former […]
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As Bitcoin briefly surpasses $13,000, its highest price for 2020, market sentiment and fundamentals both favor a prolonged bull market. Bitcoin price has seen a healthy upward tick toward the $13,000 mark in the fourth quarter. At the start of the quarter, Bitcoin (BTC) was in the sub-$11,000 region, and from there, constant rises took […]
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Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining. Last month, Chinese President Xi Jinping, declared that China has plans to become carbon neutral by 2060, calling for a “green revolution.” If the plan is properly implemented, it could help China to finally shed its biggest-polluter status and […]
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Germany’s blockchain solution for distributed energy resources puts interoperability to the test. Distributed energy resources, or DERs, have the potential to disrupt traditional electricity markets. Therefore, it shouldn’t come as a surprise that innovative countries are looking toward emerging technologies that will allow DERs to transform entire energy economies. Germany in particular is interested in […]
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