Day: April 14, 2019

Bitcoin (BTC) To $50,000 – Hayes, Bernstein And Tampax Validation

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Arthur Hayes says bitcoin will go to $50,000. That’s actually a fairly conservative target, as Hayes himself suggests, if he takes to the logical conclusion the arguments he employs to justify his bullish pronouncement. At the root of BitMEX chief executive Hayes’s thinking is a much-noted investment super theme, found to be in use by many a mutual fund manager: demographics For instance, from China to India, where the middle class is on the rise, a common investment theme – the growing middle class in emerging markets – sees savvy…

Bitcoin (BTC) To $50,000 – Hayes, Bernstein And Tampax Validation

boss

Arthur Hayes says bitcoin will go to $50,000. That’s actually a fairly conservative target, as Hayes himself suggests, if he takes to the logical conclusion the arguments he employs to justify his bullish pronouncement. At the root of BitMEX chief executive Hayes’s thinking is a much-noted investment super theme, found to be in use by many a mutual fund manager: demographics For instance, from China to India, where the middle class is on the rise, a common investment theme – the growing middle class in emerging markets – sees savvy…

Top 5 Crypto Performers Overview: BTC, EOS, METAHASH, ETH, TRX, ETC

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Will the bears now sink the price back to the lows, or will the major cryptocurrencies form a higher low? 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. The International Monetary Fund and the World Bank have launched a private blockchain and quasi-cryptocurrency to bridge the gap between its employees and…

Cryptocurrency Price Trends Could Signal End of Bear Market, Says Binance Research

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Bitcoin (BTC) prices and altcoin prices could have already hit their lowest point, new analysis from cryptocurrency exchange Binance concluded on April 11. In the latest edition of its research bulletins, the exchange’s dedicated analytics arm, Binance Research, investigated various current phenomena and trends within cryptocurrency markets. Among them was correlation between Bitcoin and altcoin prices, data from 2014-2019 confirming that the 90 days to mid-March represented the longest period of high correlation in market history. According to historical behavior, such periods tend to trigger trend reversals. The 90 days…

Indian IT Giant Tech Mahindra to Use Samsung’s Nexledger Blockchain: Local Media

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Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14. SDS, the systems integration arm of Korean tech behemoth Samsung, allegedly plans to expand the use of its Nexledger blockchain platform in India, the United States and Europe. As per the agreement, the two companies will reportedly seek more business opportunities in the region. Moreover, Samsung SDS will cooperate with Tech Mahindra on further Nexledger updates. Nexledger, a blockchain security platform…

Indian IT Giant Tech Mahindra to Use Samsung’s Nexledger Blockchain: Local Media

boss

Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14. SDS, the systems integration arm of Korean tech behemoth Samsung, allegedly plans to expand the use of its Nexledger blockchain platform in India, the United States and Europe. As per the agreement, the two companies will reportedly seek more business opportunities in the region. Moreover, Samsung SDS will cooperate with Tech Mahindra on further Nexledger updates. Nexledger, a blockchain security platform…

Kudelski Security Partners with BTblock, fusing Blockchain Consulting with Technology for better Cybersecurity and Design

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Kudelski Security, the premier cybersecurity innovator for today’s most security-conscious organizations and BTblock, a Blockchain and cybersecurity consultancy firm, are joining to aim for greater cybersecurity oversight and design in Blockchain implementations. The partnership brings business expertise, networks and infrastructures together to offer disruptive startup and enterprise-level companies more extensive access to a complete Blockchain solution ecosystem. “To realize the full potential of Blockchain technology, we need to improve trust, confidence and reliability in the systems that are built,” said Thomas Olofsson. BTblock chief technology officer. advertisement “We are excited…

Harvard Endowment Invested up to $12.65M in Blockstack Token Sale

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Harvard’s $37.1 billion endowment fund has reportedly invested $12.65 million in Blockstack. The New York-based blockchain toolmaker lately applied with the Securities and Exchange Commission (SEC) to raise $50 million. The application submitted to the US securities regulator detailed the name of Blockstack’s advisory members. Among those names was Charlie Savaria, one of the recently appointed managing directors for the Harvard Management Company. Mr. Savaria, according to the document, alongside other six advisory members purchased an aggregate of 95,833,333 BlockStack digitized equities, called Stack Tokens (STX). At the time of…

SEC Required Two ETF Funds to Take Blockchain Off Their Tickers

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The United States Securities and Exchange Commission (SEC) reportedly required two funds to eliminate the word “blockchain” from their monikers, Bloomberg writes April 12, citing sources familiar with the matter. The exchange-traded funds (ETFs) of both Amplify and Reality Shares reportedly mentioned blockchain in early filings. Per Bloomberg’s unarmed interlocutors, the two funds were encouraged to change their names at the last minute in 2018. Despite eliminating the word “blockchain,” the funds’ tickers still refer to the technology. Ampilfy’s funds are traded as BLOK, while the product is described as…

IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech

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The International Monetary Fund (IMF) and the World Bank have jointly launched a private blockchain and a so-dubbed quasi-cryptocurrency, the Financial Times (FT) reports on April 12. According to the newspaper, the asset called “Learning Coin” will be accessible only within the IMF and World Bank. The coin has no money value and thus is not a real cryptocurrency, the FT underlines. As the FT has learned, “Learning Coin” was launched in order to better understand the technologies that underlie crypto assets. Its app will serve as a hub where…