Day: January 24, 2019

Despite ‘Crypto Winter,’ Number of Blockchain Firms in Switzerland, Liechtenstein Grows

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The number of blockchain-related firms in Switzerland and Liechtenstein has continued to rise according to a survey conducted by Switzerland-based crypto investment firm CV VC, Cointelegraph auf Deutsch reports on Jan. 24.   Per the report, crypto- and blockchain-related firms continue to crop up in the region despite the current bear market, which some have dubbed the “crypto winter.” CV VC states that at the end of December 2018, 750 companies using distributed ledger technology were located in Switzerland and Lichtenstein. This reportedly represents a 20 percent increase over the…

Satoshi’s Bitcoin Whitepaper Is Now Available in Arabic and Hindi

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News On Jan. 22, blockchain infrastructure firm Bitfury announced during the World Economic Forum in Davos that Satoshi Nakamoto’s Bitcoin whitepaper has been translated into Arabic and Hindi for the first time. The translations of the paper “Bitcoin: A Peer-to-Peer Electronic Cash System” can now be read by the millions of people around the world who speak these languages. Also read: Bitcoin Accessibility From a Blind Person’s Perspective Bitcoin Whitepaper Now Accessible to Hindi and Arabic Speakers Satoshi’s Bitcoin whitepaper has changed the lives of many people and now the document…

Overstock’s tZERO Token Platform Has Officially Opened for Trading

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Overstock.com’s much-anticipated security token trading platform, tZERO, officially began trading Thursday afternoon. The company announced in a press release that its secondary market for tZERO’s own security tokens had gone live, marking the first step toward trading other digital assets on the platform. Accredited investors can sign up to trade tZERO tokens through Dinosaur Financial Group, LLC, which is acting as the “introducing,” or customer-facing, broker-dealer. TZERO subsidiary Pro Securities LLC is providing the alternative trading system (ATS) to trade the tokens. Investors in the tZERO token offering have long…

Overstock’s tZERO Token Platform Has Officially Opened for Trading

boss

Overstock.com’s much-anticipated security token trading platform, tZERO, officially began trading Thursday afternoon. The company announced in a press release that its secondary market for tZERO’s own security tokens had gone live, marking the first step toward trading other digital assets on the platform. Accredited investors can sign up to trade tZERO tokens through Dinosaur Financial Group, LLC, which is acting as the “introducing,” or customer-facing, broker-dealer. TZERO subsidiary Pro Securities LLC is providing the alternative trading system (ATS) to trade the tokens. Investors in the tZERO token offering have long…

XRP Market Cap Could Be Overestimated By Billions

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The market capitalization of distributed ledger tech company Ripple’s XRP token could be overvalued by as much as $6 billion, according to a recent report from crypto analytics firm Messari. Ahead of Ripple’s Q4 2018 report, Messari researched the “health and legitimacy” of the XRP’s market capitalization using data from cryptocurrency exchanges and third party cryptocurrency data services. The report states that XRP’s liquid circulating supply could be overestimated by 48 percent, putting the “actual” market cap at $6.9 billion instead of the $13 billion currently reported on CoinMarketCap. Messari…

Could Unit-e Finally Break Blockchain’s Scalability Impasse?

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Amid a seemingly constant stream of new concepts claiming to be key to crypto to breaking through to the financial mainstream, one immovable issue remains ever-present: scalability. The crypto community is abuzz with new projects relating to the issue, from the Bitcoin (BTC) Lightning Network to a brand new cryptocurrency designed by some of the top names in crypto and American academia. Cointelegraph takes a look at the latest scalability developments and what they can bring to blockchain and crypto. Some of the United States’ finest academic and technological have come…

Cryptos Trade Sideways With Mild Gains and Losses Among Top Coins, Bitcoin Above $3,600

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Thursday, Jan. 24 — the top 20 cryptocurrencies are mostly trading sideways with slight losses and gains across the board. Bitcoin (BTC) is currently creeping above $3,600 according to data from CoinMarketCap. Market visualization from Coin360 At press time, Bitcoin is continuing to trade around the $3,600 threshold as it did yesterday. The current price is $3,610, up 0.65 percent on the day. On its weekly chart, Bitcoin is down 1.4 percent from $3,670 on Jan. 17. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is seeing minor gains on…

Bitcoin Price Could Sink Even Further, Crypto Values Unproven

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Analysts at JP Morgan have predicted that Bitcoin (BTC) could fall below $1,260, while banks will not benefit from blockchain for at least three to five years, Reuters reported on Jan. 24. According to Reuters, analysts from the major global investment bank think that the true value of cryptos is still unproven, and that they only make sense in a hypothetical “dystopian” event, wherein investors have lost faith in major traditional assets like gold and the U.S. dollar. The analysts stated in a report: “Even in extreme scenarios such as…

Bitfury Unveil Tools to Promote Bitcoin Lightning Network Adoption

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Bitfury’s Lightning Peach team has launched a series of products including an open-source Lightning Network-powered bitcoin wallet, a hardware terminal, a suite of developer tools and more, aimed at promoting the adoption of the Bitcoin Lightning network, according to a Medium Blog post on January 23, 2019. Package Production In a bid to make it possible for vendors, merchants, and individuals to send and receive superfast bitcoin payments, stoking the widespread adoption of the flagship digital asset, Bitfury, via its Lightning Peach team of developers has unveiled a series of…

Tron Price Analysis: TRX Absorb Sell Pressure, up 7.4%

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Tron Prices on an uptrend ahead of BTT crowd-funding Justin Sun’s ambition clear, Tron to compete with Facebook and the likes Transaction volumes drop, but we expect TRX momentum to pick up After a successful NiTron summit, we expect TRX to edge higher ahead of BTT crowdfunding. Our trade plan will remain the same with first targets at 4 cents as bulls enter on every dip. Tron Price Analysis Fundamentals NiTron Summit was a success. By listing valuable companies including Oracle and subsequently announcing on Twitter that a delegation from…