Day: February 24, 2019

Google Cloud Adds Enterprise-Focused Ontology’s Development Platform

boss

The development software of corporate-oriented cryptocurrency Ontology (ONT) has been added to the Google Cloud Platform Marketplace, a Medium post from Ontology revealed on Feb. 23. The newly supported software, called ont_dev_Platform, is a set of tools for developing smart contracts on Ontology’s blockchain. The DApp product includes a block explorer, a smart contract Integrated Development Environment (IDE), SmartX, and an Ontology test environment. According to the announcement, this addition makes the project “one of the first public blockchains to have a development platform on the leading cloud provider marketplaces.”…

Crypto Analysts’ Bottom Calls Ramped As Bitcoin (BTC) Rallied

boss

With the crypto market’s recent price action in mind, analysts are starting to come to the conclusion that bears are putting an end to the bloodshed. A number of traders and industry commentators recently took to Twitter to tout their optimism on the Bitcoin price. Traders Hint At Crypto Market Bottom  StormXBT recently noted that the volatility-calibrated ATR measure issued a long call on Bitcoin’s three-day chart for the first time since 2015. first time it’s issued a long on $BTC on the 3D since 2015 use your tools as you…

Crypto Analysts’ Bottom Calls Ramped As Bitcoin (BTC) Rallied

boss

With the crypto market’s recent price action in mind, analysts are starting to come to the conclusion that bears are putting an end to the bloodshed. A number of traders and industry commentators recently took to Twitter to tout their optimism on the Bitcoin price. Traders Hint At Crypto Market Bottom  StormXBT recently noted that the volatility-calibrated ATR measure issued a long call on Bitcoin’s three-day chart for the first time since 2015. first time it’s issued a long on $BTC on the 3D since 2015 use your tools as you…

The 100 Million Bitcoin Users Case

boss

Bakkt, a digital asset platform which is set to introduce the very first physically-settled bitcoin futures, will launch later this year. And, according to Alec Ziupsnys, the launch could legitimize the dominant cryptocurrency before 100 million potential users per week. The chief innovation officer at BlockEdge Capital tapped on how Bakkt’s partnership with Starbucks was a key to bitcoin awareness. He suggested that the American coffeehouse chain was processing the mobile transactions of up to 25.6 million every day. In comparison, Apple Pay and Google were handling a lesser 24.5 million…

Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion

boss

Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour. Bitcoin (BTC) broke the $4,150 mark again today before falling back under $3,900 to press time, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 5 percent on the day, trading at around $3,806, about 10 percent down from its…

How CEO Sees NEO 3.0 Blockchain Being Used By Everyone From VCs to Potato Farmers in 2020

boss

NEO’s 2019 DevCon event in Seattle started off with a bang when the company’s Co-Founder, Da Hongfei, opened the event with a speech focused on the promise of the smart economy, and shared his views on how NEO will help guide the world towards a new, tech-based, future. Importantly, Hongfei expressed an ardent belief that the smart economy is much more than a simple movement within the financial ecosystem and will ultimately prove to be the next stage in world economic development, moving the world away from an industrial-based economy…

Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency

boss

Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. In contrast to the Russian Central Bank’s conservative stance on bitcoin and other virtual currencies, Olga said that the house was working on a business-friendly framework for these assets’ integration. IMF has given green light to eight nations, to launch a national cryptocurrency and those nations…

Ethereum Spikes 60% in February; Factors Behind Crypto’s Spectacular Rally

boss

In the past seven days, the valuation of the crypto market has increased by $20 billion as the Ethereum price surged by 10 percent on the day. Since early February, the Ethereum price has spiked from $102 to $163 by 60 percent against the U.S. dollar. Some analysts have suggested that the strong price movement of Ethereum may have pushed the valuation of the crypto market to rapidly increase in the last three weeks. Ethereum 1-Day Chart, Source: TradingView Why is Ethereum Moving So Fast and What’s Behind the Crypto…

Ethereum Spikes 60% in February; Factors Behind Crypto’s Spectacular Rally

boss

In the past seven days, the valuation of the crypto market has increased by $20 billion as the Ethereum price surged by 10 percent on the day. Since early February, the Ethereum price has spiked from $102 to $163 by 60 percent against the U.S. dollar. Some analysts have suggested that the strong price movement of Ethereum may have pushed the valuation of the crypto market to rapidly increase in the last three weeks. Ethereum 1-Day Chart, Source: TradingView Why is Ethereum Moving So Fast and What’s Behind the Crypto…

Crypto Rally Puts Bitcoin Back Above $4000

boss

Crypto Rally Puts Bitcoin Back Above $4000 – 2019’s Highest Prices (So Far) February 24, 2019 by Jon Southurst A weekend rally has seen the Top 20 crypto assets rise by double-figure percentages in just 24 hours — taking the overall crypto market cap to $143 billion USD. Though this party may yet end with another face-in-toilet hangover, it’s notable that bitcoin (BTC) sits at $4,155 at press time, its highest point since Christmas Eve 2018. Also read: Bitcoin Block Size: Getting Fatter, But Decrease Chatter Growing We love hearing from our…