Day: March 6, 2019

Blockchain Startup Enjin to Release Dev Kit for Game Engine Giant Unity

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Ethereum (ETH)-based digital asset tokenization startup Enjin will launch a Software Development Kit (SDK) for leading game development engine Unity on March 14. The company announced the launch in a Medium post on March 4. The SDK will reportedly allow Unity developers to create, integrate and manage the distribution of ERC1155-compliant tokens on the Ethereum blockchain. The ERC-1155 token development standard is based on the ERC-20 and ERC-721 standards and was invented by Enjin’s chief technical officer, Witek Radomski. Per the release, this new standard enables developers to create unlimited…

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Tron, Bitcoin SV: Price Analysis, March 6

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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. Crypto companies are attracting talent from traditional industries. This shows that firms in the crypto space are preparing for the long-term, undeterred by the current bear market. Similarly, traditional companies are attempting gain footing in the crypto space. Ernst & Young, one of…

Bitcoin Investor Warns BlockFi’s 6.2% Account Could Suppress BTC

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BlockFi To Pay 6.2% APR In Bitcoin And Ethereum  Forbes reports that BlockFi, a company that raised $52.5 million from investors like Novogratz’s Galaxy Digital last July, has launched a game-changing product. BlockFi has reportedly given clients across the globe the ability to make up to 6.2% annual interest on Bitcoin (BTC) and Ethereum deposits. This “interest account” offering will go alongside BlockFi’s loan offering, which allows users to borrow more than $2,000 at a 4.5% interest rate if they deposit collateral denominated in three leading cryptocurrencies. In an announcement, Zac…

Bitcoin Investor Warns BlockFi’s 6.2% Account Could Suppress BTC

boss

BlockFi To Pay 6.2% APR In Bitcoin And Ethereum  Forbes reports that BlockFi, a company that raised $52.5 million from investors like Novogratz’s Galaxy Digital last July, has launched a game-changing product. BlockFi has reportedly given clients across the globe the ability to make up to 6.2% annual interest on Bitcoin (BTC) and Ethereum deposits. This “interest account” offering will go alongside BlockFi’s loan offering, which allows users to borrow more than $2,000 at a 4.5% interest rate if they deposit collateral denominated in three leading cryptocurrencies. In an announcement, Zac…

France’s Main Trade Seaport Joins Blockchain Pilot for Freight Logistics: Report

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The main trade seaport of France, Marseille Fos Port, will participate in a blockchain pilot for freight logistics in June 2019, local industry news outlet PortSEurope reports on March 6. The project aims to use blockchain technology for supply chain logistics and intermodal freight forwarding on the Mediterranean-Rhône-Saône axis (MeRS) transport corridor. According to the report, the blockchain initiative is supported French authority, the Interministerial Delegation for the development of the port and logistics for MeRS. The project is also reportedly backed and supported financially by the French public sector…

Will Tron (TRX) “Crash” Because of Craig Wright Comments?

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Tron price could edge higher, down 3.6 percent in the last week. Fundamentals and technical factors favor bulls Transactional volumes low. Any spike in volumes may see TRX close above 3.1 cents Craig Wright thinks Tron is a scam that will dump hard. Nonetheless, candlestick arrangement favors bulls. Besides, recovering Bitcoin (BTC) prices often drive altcoin prices higher further cementing our stand that there is an undervaluation of Tron (TRX). Latest Tron (TRX) News Fundamentals All along, even in one of the longest and brutal crypto winter, Tron figureheads remain…

Medici Portfolio Firm Partners with Caribbean Bank to Pilot Digital Currency

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Bitt, a portfolio firm of Overstock’s blockchain firm Medici, has partnered with the Eastern Caribbean Central Bank (ECCB) to pilot central bank digital currency (CBDC). Overstock announced the news in a press release on March 6. Barbados-based Bitt initially signed a contract with ECCB to conduct a pilot of the blockchain-issued Digital Eastern Caribbean Dollar (DXCD) on Feb. 21. The digital currency will be used within the Eastern Caribbean Currency Union (ECCU), and is set to be distributed by licensed financial institutions and non-bank financial institutions in the ECCU. DXCD…

Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February

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Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. A report published on March 4 details that even though mining profits dropped to a 19-month low in February, gross margins still grew by 39 percent. Also read: An In-Depth Look at Ethereum’s Maker and Dai Stablecoin The Silver Lining Cryptocurrency mining is a competitive industry…

Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February

boss

Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. A report published on March 4 details that even though mining profits dropped to a 19-month low in February, gross margins still grew by 39 percent. Also read: An In-Depth Look at Ethereum’s Maker and Dai Stablecoin The Silver Lining Cryptocurrency mining is a competitive industry…

The Changpeng Reassurance, Ripple (XRP) Slow To Respond

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Ripple (XRP) prices consolidation, likely to print above 40 cents Changpeng Zhao supports XRP, says it is a utility until decided otherwise Q1 2019 transactional volumes low averaging 184 million Candlestick arrangements coupled by recent fundamentals places Ripple (XRP) at an advantage. As a result of this, it is likely that XRP will increase driving prices above key resistance levels at 40 cents. Once that prints out, there will be little resistance for upsides and that places realistic targets at 60 cents. Ripple Price Analysis Fundamentals Perhaps as a show…