April 23, 2019

Before $50,000, Bitcoin (BTC) Must Be Robust, Add 10.1 Percent

April 23, 2019 boss

Bitcoin prices buy momentum strong, add 10.1 percent Prices ought to expand 10X in the next bull wave for BTC’s market cap to surge past $1 trillion At spot rates, Bitcoin’s overall valuation is far from $1 trillion Chris Burniske projects. While we don’t have the time frames, prices must increase 10X to hit those levels. Even so, this will happen in lock-steps with next targets at $6,000. Bitcoin Price Analysis Fundamentals If historical prices are anything to go by, then Bitcoin (BTC) market cap is on its way to…

Coinbase Closes Chicago Office and Scales Down Work on Matching Engine

April 23, 2019 boss

Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23. Per the report, the exchange will consolidate the high-frequency trading matching engine efforts into its San Francisco office. Coinbase also purportedly laid off about 30 employees and will relocate some to the area of the other office, while others will work remotely. According to local news site Chicago Inno, when the company announced the opening of the Chicago office in May last year, it planned…

Graph Blockchain Implements IoT Sensors for the Agriculture and Cannabis Sector

April 23, 2019 boss

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Blocknet Release Beta Version of Multi-Blockchain Router – XRouter

April 23, 2019 boss

Blocknet has released the beta version of XRouter, a blockchain router that will provide for multi-chain, lightweight dApps to harness contracts and protocols from different blockchains, allowing them to communicate and use each others’ specific features. XRouter lays the foundation for multi-blockchain architectures and an “Internet of Blockchains”. XRouter is one part of the Blocknet Protocol, an infrastructure for a new era of cross-blockchain communication. The Blocknet Protocol enables the technologies on any blockchain to become available via decentralized APIs, creating a paradigm shift from monolithic architecture development to microservice architectures…

Tron (TRX) Struggling to Scale? Down 5.7 Percent

April 23, 2019 boss

Tron (TRX) prices stable at 2.5 cents Critics claim Tron cannot scale and SUN side chains is a cover for that deficiency By default, Tron claims to be scalable with high throughput. However, critics are back arguing that the SUN Network is a cover for the network’s inability to scale and handle BitTorrent’s requirements. In the meantime, Tron (TRX) prices are ranging and down 5.7 percent from last week’s close. Tron Price Analysis Fundamentals There is Blockchain trilemma, and here developers are struggling between striking a balance between decentralization, security,…

Bitcoin Price Could Fall Back Despite Impressive Session Gains: Analyst

April 23, 2019 boss

The bitcoin price has surged up to 4.85 percent this Tuesday, but there is still a strong case of an imminent pullback. According to Crypto Michaël, an Amsterdam-based cryptocurrency analyst, bitcoin lacked adequate follow-up volume that could sustain the ongoing upside price action. The bearish interpretation followed the textbook volume-price relationship, in which a price move up on a declining trading activity signals a selling sentiment. Michaël said if the bitcoin price hangs near its newly established higher high for far too long, it could result in a pullback scenario,…

How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million

April 23, 2019 boss

By CCN: Years ago, a thief had a simple idea: figure out a way to guess Ethereum private keys and write software to sweep the crypto funds from the blockchain. Guessing the 72-character private key is no small feat – your odds are about 1 in 115 quattuorvigintillion. No, we didn’t make that number up. The researchers told Wired that trying to do this without the help of high-powered computers would be like: “[…] Choosing a grain of sand on a beach, and later asking a friend to find that…

Is Ripple (XRP) Fading Due To Competitors As Hyperledger Fabric and IBM?

April 23, 2019 boss

Ripple (XRP) range bound, 34 cents immediate resistance IBM Hyperledger Fabric and World Wire offer stiff competition All in all, Ripple Inc haven been prosperous in their promotions. Banks in the Middle East, SE Asia, and India are using their solutions. Despite that, Ripple (XRP) prices are stagnant and stuck within a 4 cents range. Ripple Price Analysis Fundamentals It may be seven years down the line and with more than 200 banks leveraging Ripple Inc’s solutions, the blockchain start-up is successful. With Banco Santander, SBI Group, Federal Bank, Western…

Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment

April 23, 2019 boss

Japanese billionaire and founder of multinational conglomerate SoftBank Group, Masayoshi Son, reportedly lost over $130 million with his bitcoin (BTC) investment, the Wall Street Journal reports on April 23. Per the report, people familiar with the matter claim that Son made the investment at the recommendation of Peter Briger, the co-chairman of asset management company Fortress Investment Group. Fortress Investment reportedly bought bitcoin in 2013; when SoftBank bought Fortress in February 2017, its holdings (including crypto) were worth more than $150 million. However, Son reportedly invested in the coin when…

Alt Thirty Six Raises $10 Million In Series A Funding For Cannabis Blockchain Payment Solution

April 23, 2019 boss