Day: January 15, 2019

Blockchain Adoption in IoT Industry More Than Doubled in 2018: Survey

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Blockchain adoption in the Internet of Things (IoT) industry more than doubled over the last 12 months, a survey conducted by major Dutch cybersecurity firm Gemalto reveals Jan. 15. According to the survey, firms in the IoT industry are increasingly turning to blockchain tech, with adoption of blockchain more than doubling from 9 to 19 percent in the past 12 months. Gemalto reportedly surveyed 950 information technology (IT) and business decision makers globally. According to the survey data, 90 percent of the companies think that IoT device security is a…

Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries

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Despite the downturn that shackled the crypto markets in 2018, there is a renewed sense of optimism, as some experts believe the crypto market could fare better in 2019. Canadian-based CoinField plans to make crypto trading more accessible and cheaper for investors — irrespective of where they live — so they can take advantage of when crypto prices go green. The exchange intends to become one of the largest trading platforms for cryptocurrencies. It is already available in 101 countries and the team plans to expand the service to more…

Could Bitcoin Initiate a New Bull Cycle by 2019? One Trader Thinks So

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In the last 24 hours, the cryptocurrency market recovered by $4 billion as the Bitcoin price rebounded above $3,700. Several major crypto assets in the likes of Ethereum and TRON have recorded large gains on the day, rising by more than three percent against Bitcoin. Even if the price of Bitcoin and other crypto assets continue to decline substantially in the first two quarters of 2019, one trader sees the market massively recovering by the end of 2019. How Can Bitcoin Initiate a Big Rally by the End of This…

Japanese Finance Giant SBI’s Crypto Subsidiary Backs Mobile Wallet BRD

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SBI Crypto Investment, a subsidiary of the Japanese financial giant SBI Holdings, has invested in crypto firm Breadwinner AG, Cointelegraph Japan reports on Jan. 15. SBI’s crypto investment fund did not disclose the amount contributed to Switzerland-based Breadwinner, the developer of mobile crypto wallet BRD.   According to the announcement, BRD operates in 170 countries and has been downloaded by 1.8 million Android and iOS users. SBI’s Interim results announcement reveals that in the six months that ended Sept. 30, 2018, SBI Holdings registered over 176 million yen in revenue…

European Blockchain Startup Launches Trading in Tokenized Securities

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Belarus-based blockchain startup Currency.com has launched a trading platform for tokenized securities. The firm announced Tuesday that the platform would allow investors to directly trade and invest in financial instruments using the cryptocurrencies bitcoin or ethereum, without first converting to fiat. The platform will initially host over 150 tokenized securities, tracking the underlying market price of financial instruments such as equity and commodities, it said, while over 10,000 similar offerings could be available in the future. Currency.com explained that the service lets investors buy a token that would reflect the…

Could a “Less Volatile” Bitcoin ETF Proposal Convince the SEC?

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If 2018 was the year of the crypto crash, 2019 is surely going to become the year of Bitcoin (BTC) exchange-traded funds (ETFs). Although 2019 has just started, with a majority of consumers just rejoining the workspace from their holiday hiatuses, cryptocurrency-backed vehicles have already become a hot topic — arguably the “flavor of the month.” Yet the U.S. Securities and Exchange Commission (SEC) remains in their proverbial way. Related Reading: SEC Commissioner Warns Investors Against Putting Too Much Hope into Bitcoin ETF Wilshire Phoenix Tackles Crypto Industry Head On…

Crypto Affiliate Program bitcoin-gear.com | BTCMANAGER

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Website bitcoin-gear.com, the biggest crypto merchandise website on the web has recently announced the launch of its new affiliate program. The affiliate program offers a ten percent commission, calculated on the total order value, whenever a referral makes a purchase. “A lot of crypto content creators are bringing value to the crypto space when they’re sharing their knowledge and information with the community, through their social media platforms (Youtube, Instagram, websites, blogs, etc.). We noticed that content creators relatively small audience, of which there are many, often struggle to receive…

Why Major Bitcoin Exchange BitMEX Was Pressured to Cut Off US Users

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Since BitMEX rocketed to the tip of the crypto market, hosting hundreds of millions of dollars worth of nominal Bitcoin (BTC) trades each and every day, the company has come under pressure from regulators. And while the Asian startup is mostly well-respected, with its chief executive, former stock trader Arthur Hayes, being very forthcoming and “buddy-buddy” with media outlets, some are afraid that a handful of pertinent issues lie beneath BitMEX’s cheery front. No one knows this better than America’s dozens, if not hundreds of crypto commentators, who have seen…

Bitcoin Approaches $3,700 as Top Cryptos Report Gains

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Tuesday, Jan. 15 — all the top 20 cryptocurrencies are seeing slight to moderate gains in the 24 hours to press time. Bitcoin’s (BTC) price has approached $3,700 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up nearly 3 percent on the day, trading at around $3,680. Looking at its weekly chart, the current price is lower than $4,060, where Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is up just under 3 percent on the day, trading at around $0.33 at…

Creating a Power Shift in The Real Estate Industry with Blockchain technology

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When you think ‘blockchain’ you don’t usually think of office space and property sales. Finance and investment maybe, but not real estate. Yet Commercial Real Estate (CRE) transaction volumes currently stand at $341 billion globally. If even a relatively small percentage of that is spent annually on informational data and due diligence, the business case for any technology that can reduce these costs becomes compelling. Despite all the hype, blockchain technology is actually at its best when used to provide transparency, for example in a supply chain. It is already being…