Day: January 14, 2019

Israel’s Top Cargo Shipping Firm Zim Opens Blockchain Platform to All Clients

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Israel’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. Following a successful pilot of its blockchain-powered eB/Ls platform that lasted for over a year, the shipping firm has claimed that blockchain can not only replace the currently existing paper-based processes, but also improve the workflow conducted via email, fax, and other channels. According to TradeWinds’ report, two recent transactions on the platform were successfully conducted…

Crypto Asset Manager LedgerX Launches Bitcoin Volatility Index

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LedgerX has launched its first Bitcoin (BTC) price volatility index. The launch of LedgerX Volatility Index (LXVX) was revealed to Cointelegraph by the company’s spokesperson on Jan. 14. LedgerX is a cryptocurrency asset manager regulated by the United States Commodity Futures Trading Commission (CFTC). The official press release shared with Cointelegraph explains how the index is formed: “The LXVX incorporates the level of fear and uncertainty in the bitcoin market, and thus can be thought of as the “bitcoin fear index,” in the same way the VIX is commonly referred…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 14

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After the two years of price-centric action in the cryptocurrency industry, 2019 might shift the focus towards the fundamentals. Until the community puts an emphasis on the foundational aspects of crypto, we believe that a sustained recovery is unlikely. The Winklevoss twins believe…

“Bitcoin Can Surpass Gold” – Winklevoss Twins

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It was reported on January 14, 2019, that the Winklevoss Twins have called for better regulations to ensure the success of cryptocurrency. This is in line with their latest marketing campaign for their Gemini exchange with the tagline ‘revolution needs rules’ Bitcoin Can Still Come Out On Top, says Winklevoss Twins Wiklevoss Brothers(Source: Fortune ) The current crypto winter has left many in the blockchain industry feeling discouraged with regards to the future of crypto. According to Tyler and Cameron Winklevoss, however, there is no need to be discouraged as Bitcoin…

Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018

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International banking giant HSBC settled $250 billion of forex trades using blockchain technology in 2018. The company has revealed the figure in a press release quoted by the Financial Times (FT) Jan. 14. Through its proprietary blockchain platform dubbed “FX Everywhere,” HSBC handled 3 million transactions, which translated into 150,000 payments since it launched in February. The technology allows HSBC to “conduct thousands of foreign exchange transactions within the bank, across multiple balance sheets, in dozens of countries,” FT quoted Richard Bibbey, acting global head of currencies as saying. “FX…

Crypto Markets Show Signs of Recovery Following Severe Losses

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Monday, Jan. 14 —  the vast majority of cryptocurrencies are recovering after experiencing severe losses over the last several days, according to Coin360. Of the top 20 by market capitalization, only the stablecoins USD Coin (USDC) and Tether (USDT) are still in the red. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) has seen an increase of nearly five percent on the day, and is trading at around $3,717 at press time. As Cointelegraph reported earlier, BTC hit a new year-to-date low today, slumping to as low as $3,544.…

Intercontinental Exchange’s Digital Asset Platform Bakkt Announces First Acquisition

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Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. 14. In the post, Bakkt CEO Kelly Loeffler hinted that the company’s latest move is part of Bakkt’s ambitious plans to become the first integrated and institutional grade exchange-traded markets and custody solutions. Loeffler also stressed that the acquisition means that the company is slowing down operations while awaiting regulatory approval by the United…

Intercontinental Exchange’s Digital Asset Platform Bakkt Announces First Acquisition

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Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. 14. In the post, Bakkt CEO Kelly Loeffler hinted that the company’s latest move is part of Bakkt’s ambitious plans to become the first integrated and institutional grade exchange-traded markets and custody solutions. Loeffler also stressed that the acquisition means that the company is slowing down operations while awaiting regulatory approval by the United…

Winklevoss Twins: If Bitcoin ETF Approval Takes Six Years, So Be It

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Among other things, 2018 was a tough year for Bitcoin exchange-traded funds (ETFs) applications. Regulatory entities overseeing such proposals quickly quashed the crypto industry’s dreams, denying applications left and right. Yet, the showrunners behind a denied ETF proposal, Cameron and Tyler Winklevoss, believe they have the chops to continue pushing for a green light, in spite of a handful of shortcomings. Related Reading: Japan Explores Bitcoin ETF but Demand for Product is Mysterious Gemini Founders: We Need To Get The Bitcoin ETF Right The Winklevoss Twins, the co-founders behind the fittingly…

Crypto Politico Rep. Gabbard Gunning for Presidency. FTW?

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Crypto Politico Rep. Gabbard Gunning for Presidency. FTW? January 14, 2019 by William Peaster With the 2020 U.S. presidential election just around the corner, Hawaii Rep. Tulsi Gabbard (D-HI) has stepped forward early for the White House rat race. A buyer of crypto in 2017, Gabbard’s in, so does she have a shot, and what do her chances mean for the cryptoeconomy? Also read: Despite Shakeup Report, Bitmain Suggests It’s Business as Usual Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts ETH, LTC Buyer Gabbard Running for…