Day: May 6, 2019

Ripple (XRP) Price Remains Vulnerable Below $0.3050

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Ripple price struggled to gain bullish momentum and declined below $0.3000 against the US dollar. The price is currently trading below key supports and it could extend losses below $0.2940. There is a short term bearish trend line forming with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses towards the $0.2900 and $0.2850 support levels. Ripple price is currently in a declining mode against the US Dollar and bitcoin. XRP failed to hold gains…

Bitcoin Market Dominance Hits Seven Month High as Altcoins Beat a Retreat

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Bitcoin has continued to eat into the altcoin markets as its dominance has hit a seven month high just shy of 56 percent. Bitcoin Dominating Markets Cryptocurrencies are pulling back this Monday morning but Bitcoin, which hit a new 2019 high over the weekend, is still firmly in control and leading markets. It is the first time since September last year that BTC has held such a large share of the markets. All momentum is with the king of crypto at the moment as BTC continues to make higher lows…

Major Canadian Banks Choose Blockchain Solution for Identity Verification

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SecureKey Technologies, the company behind the blockchain-powered Verified.Me identity verification system is now available for consumers of a number of major Canadian Banks including CIBC, Desjardins, RBC, Scotiabank and TD – with BMO Bank of Montreal and National Bank of Canada to launch soon and un Life Financial Inc. has signed on as an early adopter and the first North American insurer on the service.  Canadian customers and members of these financial institutions are now able to use Verified.Me to help verify their identities online with the services they need…

Big Pharma Giant Pfizer and Others Join Life Sciences and Healthcare Blockchain Project MediLedger

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Leading life sciences and healthcare companies Pfizer Inc., McKesson Corporation, AmerisourceBergen Corporation, and Premier Inc. have joined the MediLedger Project, an initiative of San Francisco-based technology company Chronicled, that builds blockchain-powered ecosystems and supply chain solutions. “This innovative approach has the potential to transform how chargebacks work for the industry, allowing us to deliver better services to our members,” said Bill Marquardt, Vice President of Product Strategy and Planning for Premier Inc. “We are excited to collaborate with our partners to deliver these improvements.” advertisement Chronicled herded the major companies into…

Ethereum (ETH) Price Prediction: Can Ether Hold This Key Support?

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ETH price corrected lower recently, but stayed above the key $156-157 support against the US Dollar. The price is facing a lot of hurdles near the $162 and $163 levels on the upside. There is a short term declining channel in place with resistance near $163 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $156 support to avoid a downside break in the near term. Ethereum price is facing a lot of selling interest versus the US Dollar and bitcoin. ETH could…

BItcoin Can’t Be Less Than $1M In Two Years: McAfee Prediction

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John McAfee Doubles-Down On $1 Million Bitcoin Call In late-2017, when BTC was surpassing key levels each and every day, we reported that technology guru John McAfee made a prediction that Bitcoin would hit $1 million by the end of 2020. He put his manhood on the line. And while the cryptocurrency has evidently fallen drastically since then, he recently doubled-down on this ambitious forecast in a tweet.  Responding to an article that postulated that Bitcoin may hit $400,000 within two years, McAfee remarked that this is nonsensical not because the…

MIT Professor Christian Catalini Is Working on Facebook Coin: Report

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Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3. Per the report, two anonymous sources with knowledge of the situation told Coindesk about Catalini’s collaboration with Facebook. Catalini — the Theodore T. Miller Career Development Professor at MIT — is reportedly one of the more prominent researchers in the field of token economics. He recently co-authored a report with University of Toronto professor Joshua Gans on initial coin offerings and the value of tokens.…

US Court Orders Craig Wright to Provide Bitcoin Ownership Records

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The United States District Court of the Southern District of Florida issued an order on May 3 requiring self-proclaimed Satoshi Nakamoto Craig Wright to produce a list of his public bitcoin (BTC) addresses. The order is part of an ongoing case against Wright filed by the estate of computer scientist David Kleiman, which claims that Wright stole hundreds of thousands of BTC. The coins were worth over $5 billion dollars in February last year, when Kleiman’s estate first sued Wright. The order illustrates a number of the plaintiffs’ requests. They…

Top 5 Crypto Performers: ATOM, DASH, MIOTA, BTC, BCH

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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. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data provided by HitBTC exchange. While markets have looked bullish this week following a sharp surge May 3, traders need to watch out for a correction in the next few days. This pullback will shake out the weak hands and will differentiate between different digital currencies. While some will lose only…

Amazon Managed Blockchain Launched – AT&T, Nestlé, and Singapore Exchange Limited Onboard

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Amazon has announced the general availability of Amazon Managed Blockchain, a fully managed service that makes it easy to create and manage scalable blockchain networks. “Blockchain is far more than just Bitcoin or cryptocurrency. It’s changing the way companies do business and giving us a new way to solve complex business problems,” said Andy Daudelin, Vice President, Alliances Business Development, AT&T Business. “AT&T’s suite of blockchain solutions now includes Amazon’s Managed Blockchain. Amazon Web Services customers can integrate their blockchain solution with AT&T Business’s IoT and edge-to-edge portfolio. This allows them to automate data collection to improve…