Day: May 20, 2019

Zulu Republic Launch Bot for Bitcoin and Altcoins Transaction on Whatsapp

boss

Zulu Republic, an ecosystem of digital platforms powered by Ethereum, has launched its Lite.IM bot, to enable Whatsapp users to seamlessly send and receive bitcoin (BTC), litecoin (LTC) and its native ZTX altcoin on the go, according to a tweet on May 19, 2019. Zulu Fostering Bitcoin Adoption In a bid to promote widespread adoption of cryptoassets, Zulu Republic has announced the launch of a solution that enables Whatsapp users to send and receive bitcoin, litecoin, ether, and ZTX in real-time. Reportedly, the Lite.IM bot currently supports English and Spanish,…

South Korean Bitcoin Exchanges Post Highest Fiat Influx

boss

An average bitcoin investor in South Korea has dumped more fiat money than the one in other countries, reveals CryptoCompare. The London-based data analytics firm found that cryptocurrency exchange BitHumb has received over $16 billion worth of fiat money in April 2019. The firm further noted that Upbit, a BitHumb-rival, posted the second-best influx of fiat-based capital at around $7.5 billion in the same month. At the same time, US-based exchanges Coinbase, Gemini, and Kraken paled in comparison, posting capital injections between $1-5 billion each. South Korean Crypto Market Attracting…

Seoul to Implement Blockchain in Citizen Cards, the Mayor Reveals

boss

The South Korean city of Seoul will implement blockchain technology in its citizen cards, Korean publication Queen.co.kr reports on May 20. Park Won-soon, the mayor of Seoul, has participated in the ongoing event “Korea Future Forum (KFF) 2019 & Blockchain Tech Show,” reporting on the city’s achievements in embracing major technologies including blockchain and artificial intelligence. The mayor highlighted the role of blockchain in storing data, noting that the value of data “has become even more important than before.” According to Park, the city of Seoul will implement blockchain in…

$25,000 Bitcoin Price Next for Perma-Bull Lee after Ringing Crypto Winter Dead

boss

By CCN: Fundstrat CEO Tom Lee says the ‘crypto winter’ is finally over, offering 13 solid reasons to back up his claim. According to the bitcoin perma-bull, there’s nothing but blue sky between here and his $25,000 price prediction. If he’s right, then bitcoin has bottomed for this cycle and we have now entered a bull market. Lee’s 13 signs touched on everything from technical analysis, Wall Street involvement, bitcoin metrics, and generally positive sentiment. After a disturbing pullback to ~$6,200, #Bitcoin back >$8,000 further cementing positive trend intact. As…

Bitcoin.com’s Market Cap Aggregator Adds More Informative Crypto Data

boss

A little over a year ago, our web portal launched a new market cap aggregator, Markets.Bitcoin.com, which showcases the top 500 cryptocurrency market valuations. More recently we’ve added some great data to Markets.Bitcoin.com so people can get information on not only the price of their favorite coins, but also real-time charts featuring transactions per day, 24-hour volume, and the current number of coins in circulation. Also Read: Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction Markets.Bitcoin.com: Real-Time Price Quotes, Market Caps, and Professional Charts Last year,…

Blockstream Satellites Could Prevent Bitcoin Forks, says Blockstream CSO

boss

During an episode of the Keiser Report, a discussion hosted by Max Keiser, streamed on May 17, 2019, the Chief Strategy Officer of Blockstream, Samson Mow, declared that their satellite in the geosynchronous orbit broadcasting the Bitcoin blockchain could prevent network splits. Keeping the World in Sync The Blockstream Satellite network broadcasts the Bitcoin blockchain all over the world. This allows everyone an equal opportunity to use Bitcoin without being exposed to the liability of network interruptions. In a recent episode of Keiser Report, Blockstream CSO Samson Mow explained to…

Japan Struggles to Regulate Online Gambling

boss

Despite Japan’s reputation for being one of the most welcoming nations for fintech, online crypto gambling has struggled to take off in light of the country’s strict regulation. In late March, the blockchain-based, decentralized application (DApp) platform Tron announced that it would block gambling DApps in Japan, bringing the issue of regulating crypto gambling back to public attention. Cointelegraph takes a look at the legal and cultural approaches to gambling in Japan, along with how developers believe attempts to halt crypto gambling can only last so long. Tron complies with…

Even the Banking Goliaths Will Have to Embrace Crypto, Blockchain Innovation

boss

Ripple CEO Brad Garlinghouse has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation, despite the apparent threat it poses to their current oligopoly. The CEO made his remarks during an interview on the Recode Decode podcast with Kara Swisher on May 20. Throughout the interview, Garlinghouse underscored that Ripple’s approach is to work with financial institutions and regulators — with and not against the system. He contended that the idea of anonymous transactions that circumvent government and other authorities will not prevail, given…

JP Morgan Analyst: Bitcoin (BTC) Trading Above Intrinsic Value

boss

Analysts at Wall Street investment bank J.P. Morgan Chase believe that the price of Bitcoin has soared above its intrinsic value throughout 2019’s rally. According to new details emerging from the banking giant, JPM strategists are claiming that Bitcoin is trading above what they consider to be the digital assets intrinsic value, giving investors some pause as to whether the market will heed such a metric. Similar to the argument for gold and precious metals, Bitcoin and cryptocurrency has struggled with the tug-of-war concept over what constitutes ‘intrinsic value.’ For…

FedEx Blockchain Strategist Sees Teamwork as Key to Developing Blockchain Business Models

boss

A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20. In a new interview, the firm’s dedicated blockchain strategist, Dale Chrystie, said FedEx remains pragmatic about blockchain despite its previous efforts to integrate it. As it stands, conventional processes covering the shipping database aspect of its operations are superior, at least in part due to the nascent stage of blockchain. “To kind of burst the bubble, it’s not our…