Month: April 2020

Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency. At press time, the world’s largest cryptocurrency was up just 1% over 24 hours at $8,864, with 10-day and 50-day technical indicator moving averages converging, thus signaling sideways sentiment. After bitcoin prices jumped to their
0 Comments
The cryptocurrency market might have had a horrid time over the past few weeks, but things have changed this week. Much of the reversal in fortunes is possibly tied to the upcoming Bitcoin halvening event. Why the Sudden Jump? The world’s biggest cryptocurrency by market cap has been in the doldrums due to the coronavirus-induced
0 Comments
George Calle is Market Intelligence Lead at R3, an enterprise blockchain software firm.  In just a few short years, digital currencies have progressed hugely. But while the early adopters of cryptocurrencies dreamed of entirely new digital coins transforming the way we pay for things, the volatility of cryptos like bitcoin has made this vision impossible,
0 Comments
Intercontinental Exchange, the parent company to Bakkt, spent close to $300 million helping the bitcoin warehouse acquire loyalty rewards provider Bridge2 Solutions, CEO Jeffrey Sprecher said Thursday. The revelation came during a discussion of the financial strength of ICE, the parent company to several major trading venues, include the New York Stock Exchange. Sprecher said
0 Comments
The cryptocurrency project launched by video live-streaming platform YouNow is ditching its private network and migrating onto public blockchain Algorand. The move comes as the Props project seeks higher throughput for its continued expansion, according to an announcement Thursday. Props said it’s now raised $2 million in a funding round led by Union Square Ventures
0 Comments