January 24, 2020
The ways artificial intelligence are applicable to businesses are broadly universal. For example, machine learning technology can enhance manufacturing, supply chain, and transportation operations, using custom models and AI-based software to perfect efficiency, discover each department’s loss value, and even reduce waste. What better way to ring in the new year than enhancing your business? Oddly, more than half of business leaders (60%) are eager to find a reason to use AI, but only half of their organizations have actually developed a plan. In addition to directly interacting with your business, artificial intelligence can help your enterprise stay individual from the competition. Even so, 84% of enterprise leaders across the globe consider data science technology to give them a boost ahead of the competition. Using Artificial Intelligence can also help you adjust comfortably to your business’ ever-changing market. […]
January 24, 2020
Elon Musk revealed his stance on crypto, noting that it is a good replacement for cash
January 24, 2020
For the past few weeks, there have been many controversies about the latest Russian ban to participate in major international sports events. Russia was banned for four years after its athletes were found to have used banned drugs. This means that Russia will not be allowed to participate in the 2020 summer Olympics in Japan, and the 2022 Football World Cup, which will be held in Qatar. The Russian state-owned Tass News Agency first released the news which were later confirmed by the World Anti-Doping Agency. Can Russians Participate Under Neutral Flag? While the Russian National Anthem and the flag can’t be present at international events, athletes can participate in sports under a neutral flag. This gives hope to Russian fans, especially those who are planning to place bets for their countrymen on betting sites such as cherrycasino.com. But this […]
January 24, 2020
U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming they’ve not lowered rates quickly enough. The harsh words echo remarks made just last week during the “phase-one” China trade deal signing ceremony, where the president stated he doesn’t know “where the hell it leads” but that negative interest rates such as implemented in Germany and Japan are “incredible.” Also Read: Maduro Opens International Crypto Casino Trump Enamored by Minus Signs During his speech at the World Economic Forum in Davos, Switzerland, President Trump lamented the U.S. being unable to keep up with countries like Germany and Japan which have negative interest rate policies (NIRP). […]
January 24, 2020
Unless you have been living under the rock, you will know crypto lending is thriving more than any other segment of the cryptosphere. Of course, there are apparent reasons for it because lending and borrowing is a direct consumer business. But, honestly, I am too surprised by its growth where companies like BlockFi, Celsius, YouHodler have issued loans worth billions of dollars. At first sight of crypto lending products in 2018, I was quite skeptical whether this industry-vertical will take-off or not. This thought was mainly because crypto lending is fully collateralized, and the fiat world where we live in there is less off collateral at stakes. Especially when you have interest rates as low as zero or negative, which means money is free, and anyone can have it without sufficient collateral. In such kind of scenario, who would want […]
January 24, 2020
Coinbase’s mushrooming cold wallet balance underscores the persisting trend of investors trusting third parties with their Bitcoins
January 24, 2020
A bill in the Hawaii State Senate aims to clarify its classification of digital assets and pave the way for banks to provide custody services
January 24, 2020
The WEF has unveiled a new consortium devoted to designing a global governance framework for digital currencies
January 24, 2020
On Friday, January 24th, the Tron is declining, trading at $0.0159. On D1, the last wave of declining after the attempted tests of the support area between $0.0110 and $0.0117 changed for an impulse of growth that has managed to break out the resistance line of the mid-term channel. Such a situation may mean the beginning of a new uptrend forming. The nearest goal of the growth will be the local fractal $0.0230 but only after a breakout of $0.0185. On the MACD, the lines are getting ready to cross 0 to the positive area, which supports the idea of an uptrend forming. However, if the crossing fails, and a Black Cross appears on the indicator, the quotations may fall to $. 0085. On H4, we can see a slight decline as a correction of the previous impulse of growth. […]
January 24, 2020
Tether launches a gold-backed stablecoin while trading on Bitfinex has already started
January 24, 2020
The historic case brought against the Reserve Bank of India’s ban on banks’ dealings with cryptocurrency businesses resumed this week at the country’s Supreme Court
January 24, 2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts. Customers are worried their funds could be frozen. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies Customers on Withdrawal Spree Customers of the Central Bank of India’s Kayalpattinam branch in the state of Tamil Nadu have been on a “panic withdrawal” spree after the bank issued a notice in a local newspaper regarding its revised know-your-customer (KYC) requirements, local media reported on Jan. 23. The Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. The notice, […]
January 24, 2020
Celsius Network, a cryptocurrency lending platform, will begin offering compounded interest on cryptocurrency deposits
January 24, 2020
In an unexpected turn of events, Japanese lawmakers are set to propose a digital yen
January 24, 2020
Italian winery Vigneti Massa is launching blockchain-enabled caps for some of its wines, allowing consumers to verify the vines and vintage of individual bottles
January 24, 2020
The U.S. budget deficit has shot up 55% as a percentage of GDP since the 1960s
January 24, 2020
The scalability problem within blockchain has seen the rise of layer 2 solutions that seek to solve a variety of scalability issues that exist within layer 1 blockchain platforms today. Take the payments area as an example, today it’s clear that if decentralized blockchain platforms are to compete against their centralized peers like Visa and PayPal, they need to work on increasing the number of transactions per second (TPS) they can handle. Layer 2 solutions exist on top of blockchains and aim to solve a variety of scalability issues, including scaling smart contracts, payments, and off-chain computation. The idea is to move the most significant load of work off-chain, guaranteeing security through the use of permissionless blockchain as anchors. In this piece, we are going to take a look at four top layer 2 blockchain solutions for dApps in 2020. […]
January 24, 2020
CEO Brad Garlinghouse has hinted that Ripple may pursue an IPO, saying he expects more industry firms to pursue public flotation in 2020
January 24, 2020
Cryptocurrency exchanges are evolving in step with the new innovative trends that are becoming mainstays in blockchain technology. One particular exchange, BTCMEX, is tapping several modern crypto-trading tools to bring out the best in crypto traders and has now launched a generous affiliate program and trading bonus scheme. BTCMEX Bitcoin/cryptocurrency trading has taken off in big ways over the past few years, and in order to capture the interest of fledgling traders and seasoned veterans, cryptocurrency exchanges have begun to adapt and cater to the ever diversifying needs of the modern crypto trader. In an unpredictable market, traders are often drawn to exchanges that have robust trading tools, are fast, responsive, and don’t gouge traders with obscene fees. BTCMEX is a new exchange founded by China’s foremost Bitcoin bull, Li Xiaolai, who is also the founder of Steemit and the […]
January 24, 2020
After getting rid of programmatic sales, Ripple made only $13 million in XRP token sales in Q4 2019
January 24, 2020
Many of the debates around block size in Bitcoin operate under the false premise that the question can even be properly answered by a central authority. But markets are better at deciding these questions and block sizes and fee costs should be worked out by miners and users, not development committees. Also read: How is Bitcoin Cash Different from Bitcoin Core? Price-fixing doesn’t work Dan Held writes in his latest Medium post: A decentralized economy complements the dispersed nature of information spread throughout society. Each company is an attempt to take the local knowledge that it has and create a good or service that ultimately is the correct capital allocation (aka profit). This is correct, which makes me think he must not understand the point he’s trying to make, because Held also argues that Bitcoin developers must impose production quotas […]
January 24, 2020
Bitcoin cash price started a fresh decline after it failed to stay above $400 against the US Dollar. The price broke a few key supports near the $350 and $340 levels. There was a break below a major contracting triangle with support near $331 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $312 and $300 support levels in the near term. Bitcoin cash price is declining and struggling to stay above $312 against the US Dollar. BCH/USD is likely to accelerate lower towards $272 if it breaks the $300 support. Bitcoin Cash Price Analysis This week, bitcoin cash price started a downside correction from well above the $365 level against the US Dollar. BCH price broke a few key supports near the $340 and $330 […]
January 24, 2020
In an interview with the Wall Street Journal at Davos 2020, Ripple CEO Brad Garlinghouse pretty much-confirmed intentions to take the company public. The effects on XRP as an investment could be catastrophic. Ripple Chief Speaks of IPO According to reports in Ripple-centric media and tweets from company executives, Brad Garlinghouse has virtually confirmed that an IPO is on the cards for the fintech firm. There was nothing on his own feed, but SVP of Product Asheesh Birla tweeted this earlier; “We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.” “In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, […]
January 24, 2020
#Bitcoin price dropped below $8.5K, leading price briefly below the $8.3K support but bulls are working hard to defend the 200-DMA
January 24, 2020
Giving red envelopes full of money to friends and family is a traditional way to celebrate the Lunar New Year in China and other Asian cultures. This year you can gift your loved ones bitcoin cash with a limited edition Red Envelope BCH paper wallet from Bitcoin.com. Also Read: Bitcoin Games Celebrates Lunar New Year 2020 With Introduction of Free Spins Say Happy Lunar New Year With Bitcoin Cash The Lunar New Year festivities will begin as a new moon appears on Saturday, 25th January 2020. To celebrate the holiday, Bitcoin.com has developed a limited-edition themed paper wallet for Asian BCH users to gift as a Red Envelope. If you are not familiar with this feature, a paper wallet is a physical way to store digital assets. You can load any amount of crypto on a wallet like that and […]
January 24, 2020
Stablecoins have become a staple in the world of crypto assets. Beyond being exchanges on trading platforms, however, their adoption has seemingly remained fairly limited. However, some smaller merchants see merit in these currencies pegged to the US Dollar. Stablecoins Fuel Off-the-books Trading Lanes Primarily importers and exporters of goods across Asia and Europe see merit in USDT and USDC. This is based on information provided by payment process and OTC trading outfits. It is believed that millions of US Dollars are changing hands every single day. Some others report a hefty increase in monthly volume and expect it to go up even further. It is evident that there is some merit to a digital asset that maintains its value at all times. Primarily if the US Dollar in physical form is not as accessible or liquid as some may […]
January 24, 2020
When we talk of financial security and investments, insurance will always be part of the topic since this will help you secure your future. In fact, you might even think of getting life insurance for you and your family, or probably you already own a car insurance if you have purchased your car. There are different types of insurance, and you should get the ones that you genuinely need. But have you heard of a Bitcoin insurance? Well, if you are a cryptocurrency enthusiast, you probably heard of it. However, it’s possible that you haven’t thought of getting one, especially that you are not yet fully equipped with knowledge about it. What is a Bitcoin Insurance Bitcoin is a cryptocurrency released in 2009 by someone with an alias, Satoshi Nakamoto. This digital currency can be used to buy or sell […]
January 24, 2020
Surely, the insurance industry is one of the biggest out there. The revenue made by this industry has already reached over 5 trillion US dollars and it’s still on an upward trend. 2020 is already here and many already have their predictions when it comes to how the industry will do this year and even the next few years. The main concern that insurance and insurers have is mainly change. Insurance firms are expected to fight, adapt, be effective, and quickly move when it comes to this if they want to remain strong in the next few years. Auditing and consulting company Deloitte recently has a new campaign called A Demanding Future: The Four Trends that Define Insurance in 2020. Deloitte was able to survey 200 CEOs, CFOs, CROs, and CTOs from sectors like life and annuity insurers, Property and […]
January 24, 2020
So long ICO and your short-lived successor the IEO. It was nice knowing you. We’ll remember the good projects you spawned, but mostly we’ll recall the financial mismanagement, misaligned incentives, regulatory side-stepping, and token-holder acrimony. Regardless of whether you view the ICO era as a net good or bad for the crypto industry, it’s an era that’s now winding down. A trickle of initial exchange offerings will continue into this year, but the golden age of token sales is fading into the rearview mirror. In their place, industry participants are scrambling to find a fairer means of raising capital and allocating tokens, one that doesn’t invite the wrath of regulators and the ire of bag-holders left clutching tokens that have died a slow death. While the jury is still out on which ICO and IEO alternatives pass muster, there are […]
January 24, 2020
HODLING. When investors purchase cryptocurrency with the intent of deriving long-term price appreciation, the objective is to incrementally increase BTC holdings over time. The thinking behind this methodology is rooted in the demand/supply function. The supply of Bitcoin is limited to 21 million BTC, and there are currently 18,163,812 Bitcoins in circulation, with 86.49% of Bitcoins already issued. By deduction, steady demand will invariably lead to higher prices when supply is limited. HODLING is one technique used by adoptees to engage in the crypto market. It assumes a linear progression of the pricing mechanism. The expectation is that long-term appreciation in prices will ensue, allowing investors to benefit from holding this cryptocurrency. It works in a similar fashion to traditional stock market investments where you buy low and you sell high. Crypto Traders Leverage BTC Price Movements At a price […]
January 24, 2020
Platforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a daily basis and what they like to buy. Also read: Crypto Debit Card Targets Generation Z With a Promise of Financial Freedom Highly Educated, Overachieving Foodies Three European companies with crypto card products shared what they know about their users with news.Bitcoin.com. Madrid-based fintech startup 2gether provides banking services to residents of the Eurozone through its mobile app. The company issues a debit Visa linked to its wallet which supports about a dozen cryptocurrencies. Major ones such as BTC, BCH, ETH, and XRP account for […]
January 24, 2020
Experts weigh in on the future of the crypto industry: “The crypto community needs a reliable insurance mechanism”
January 24, 2020
The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been accomplished with the Tether stablecoin USDT. Also Read: Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts Pornhub Turns to Tether as Payment Method Pornhub, part of the Canada, Montreal-headquartered online adult entertainment conglomerate Mindgeek, has announced that they have added three new payout methods for their models including USDT. “Since PayPal’s decision to stop payouts to thousands of Models two months ago, we’ve been hustling to start the new year on a good note and offer you more options to make things a little easier,” the company’s support team explained […]
January 23, 2020
Accused money launderer Alexander Vinnik arrives at French hospital
January 23, 2020
A Kik representative will give a deposition before the court on Jan. 28 in continuing SEC case
January 23, 2020
The chairman of the Security and Exchange Board of India says that blockchain may bring a paradigm shift in the securities market landscape
January 23, 2020
On Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were scrutinized and the miner funding subject has been the topic of debate across the entire cryptosphere. On Jan. 23, Zhuoer discussed the developer fund idea in an Ask-Me-Anything (AMA) appearance on Reddit. Also Read: Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash Bitcoin Cash Proponents Have Mixed Feelings About the Proposed Infrastructure Funding Plan In the world of cryptocurrency funding developers has always been a controversial subject no matter where the money comes from. There have been many attempts to fund blockchain infrastructure development using a variety of schemes like […]
January 23, 2020
Litecoin isn’t “digital silver” but new data suggests silver’s price action can help predict LTC price