September 1, 2018

Which is the Most Usable for Merchants?

September 1, 2018 boss

Volatile or not, there’s growing public demand for retailers and businesses to accept payment in cryptocurrency. According to a survey published in June by the United Kingdom-based crypto-exchange CreditCoin, 75 percent of American consumers want the option to use cryptocurrencies to pay for items they purchase in stores. Sadly, the proportion of stores providing this option doesn’t seem to have reached three-quarters yet. However, the number of merchants accepting Bitcoin (BTC) and other coins is nonetheless steadily increasing, with the number of Bitcoin-accepting stores reported to Coinmap — worldwide — had…

Dash price surges following recent increased adoption

September 1, 2018 boss

Recently, Dash price has continued to surge following recent increased adoption, such as the new partnership with Kripto Mobile. Additionally, the coin’s price received a major boost after Venezuela provided validity for digital coins amid increased inflation. Dash price continued to gain traction above $200 following recent increased adoption. The coin’s buyers are currently supported by fundamentals, besides various technical levels have been broke, thus triggering a sustained retracement. Ryan Taylor, the platform’s CEO stated that the coin has received massive validation and acceptance in Venezuela, in an effort to…

Russia to start tracking of bitcoin by the end of the year

September 1, 2018 boss

Russia will start by tracking Bitcoin transactions by the end of the year The Russian government has been looking at bitcoin for some time now and is now planning on implementing a system within a few months. It will be able to track cryptocurrency transactions, mostly focused on Bitcoin transactions. The Russian Federal Financial Monitoring services is in place in order to fight financial terrorism and fraud. This is done through a unified system of information, data is collected then sent to selected authorities in order to find a criminal…

Crypto Market Adds $8 Billion as Bitcoin Avoids Downtrend With 1% Gain

September 1, 2018 boss

In the past 24 hours, despite the negative predictions of many traders, bitcoin price has remained above the crucial $7,000 resistance level, allowing the crypto market to add $8 billion to its valuation. Dash, Verge, Monero, and EOS are the best performing cryptocurrencies of September 1, recording strong gains in the range of 7 to 12 percent. Tokens with large daily trading volumes like Ontology, ICON, VeChain, Binance Coin, Tron, 0x, and Zilliqa have not demonstrated massive gains against Bitcoin. Throughout August, these tokens frequently recorded big movements depending on…

Crypto August In Review: Institutional Interest Rising, Market Gradually Recovering

September 1, 2018 boss

In any nascent market, the price of an asset is often uncorrelated to the success of the underlying industry. And for crypto, it seems to be much of the same, with this budding space seeing its fair share of unrelenting growth, adoption, and success, even though prices may say otherwise. Crypto Sees Rapid Development, Even In The Middle Of Summer In a recent CNBC appearance, Arthur Hayes, BitMEX’s CEO and co-founder, noted that Q3 of 2018 is when the “(crypto) party is going to start again.” But in the eyes of some optimists,…

Walmart to introduce the power of Blockchain to robotics

September 1, 2018 boss

Walmart to start using blockchain technology with robotics Wallmart Applied for a patent that will allow the in-field authentication of robots. Walmart is an American multinational retail corporation. This information was provided through the publishing of a US Patent & Trademark Office. The patent was submitted to the city of Bentonville Arizona. In the document was stated that: “ The first authentication signal includes a first Blockchain key and the second authentication signal includes a second blockchain key, the first and second blockchain keys are configured to facilitate confirming the…

The Petro that can’t be found

September 1, 2018 boss

Since its launch in February, the government has tried to push the cryptocurrency petro as the lynchpin of its economic plans: from tying it to the bolivar reconversion to including it in the price system of goods and services. They’re even forcing banks to show it in your accounts. Make no mistake: Nicolás Maduro wants the petro to happen. But is it working? A new special report by Reuters tries to answer that question. SPOILERS: It isn’t. For example, they tried to verify the alleged excellent sales that Maduro boasted about on TV. When they wanted to…

Bitcoin Remains Range-Bound At $7,000, Analysts Bearish

September 1, 2018 boss

On Friday morning, investors and traders across the crypto industry awoke to a pleasant sight, with the majority of crypto assets posting gains, albeit slight. Regardless, many welcomed this move, with optimists expecting for this relatively bullish price action to continue. “Bitcoin Has A Serious Chance To Reach The Level Of $3,000” At the time of writing, Bitcoin has situated itself in the low $7,000s, currently posting a 24-hour gain of 1.2% at the price of $7,051.66. The asset is now on track to record its third “winning week” in a row,…

Ethereum Core Devs Delay ‘Difficulty Bomb,’ Reduce Block Rewards to 2 ETH

September 1, 2018 boss

Ethereum (ETH) core developers decided on their regular YouTube meeting August 31 to delay the “Difficulty Bomb” by agreeing to include the code for such a change into the upcoming Constantinople hard fork. One of the prime objectives of the Ethereum Foundation lies in the adoption of a new consensus algorithm – Proof-of-Stake (PoS). In order to implement it, the developers came up with a solution called the “Difficulty Bomb,” which makes the production of new blocks more complex and unfavourable. Constantinople is designed to smooth the transition from a…