Day: May 29, 2019

Salesforce Introduces Hyperledger-Based Blockchain Platform

boss

Major United States-based cloud software firm Salesforce, has introduced its own blockchain platform, the firm said in a live stream on May 29. The new product, Salesforce Blockchain, is based on the firm’s own application builder Salesforce Lightning and open source blockchain technology by Hyperledger. Salesforce Blockchain is a low-code blockchain platform that provides companies with the tools to build smart contracts, app and networks in order to share verified data using distributed ledger technology (DLT). The product also enables the automation of a number of processes based on artificial…

US Congressmen Urge Presidential Economic Advisor to Hold Blockchain Forum

boss

A group of United States congressmen has requested that Lawrence Kudlow, the director of the National Economic Council, hold a blockchain forum, in a letter published on May 24. A group of seven congressmen, including Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer, and David Schweikert, has submitted a request to hold a forum on blockchain technology. The Council is the principal body through which the US presidential administration considers economic policy matters. In addition to the forum, the congressmen also asked to include the technology…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 29

boss

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 is provided by the HitBTC exchange. The chief commercial officer of cryptocurrency payments processor BitPay believes that Bitcoin will only rise higher, led by business interest and real use cases for cryptocurrencies around the world. Contrary to this opinion, a report by the United States think tank, the Congressional Research Service,…

Bitcoin Price | Is the Current Bull Run Incentive to Buy in?

boss

In recent weeks, the cryptocurrency market has been a hive of activity. This is largely in part to Bitcoin price’s resurgence of late. And what a resurgence. The world’s largest digital asset by market cap is currently selling for $8,724 USD per coin (to press time and according to coinmarketcap.com). It has grown an astronomical 186% in little under 5 months. Bitcoin Price – A Fall From Grace As Bitcoin heads towards the $9k mark, it nears almost half of its all-time high of $20,000. Hit in late 2017, those…

Bitcoin Bull Market: Institutional BTC Premium Reaches 37 Percent on Grayscale

boss

Institutional appetite for bitcoin (BTC) appears to be growing as BTC trading on the Grayscale Bitcoin Trust (GBTC) clears $11,600. This 37 percent premium comes as spot trading on the asset holds above $8,500 with several analysts predicting a new all-time high (ATH) for BTC before the end of 2019. Institutional Bitcoin Hype on the Rise While BTC trading on the spot market has experienced a slight decline, institutional interest seems to be on the rise. GBTC is currently at $11.44 per share, and with each share worth about 0.00098247…

Bitcoin Bulls are Steadfast, $20,000 Is a Conservative BTC Target

boss

Bitcoin capped at $9,000 Andy Cheung is bullish, expects BTC to spike to $20,000 According to Andy Cheung of OkEx, Bitcoin’s fair value is $20,000. In the meantime, prices are correcting and oscillating inside May 26th trade range with caps at $9,000. Bitcoin Price Analysis Fundamental After two months of a relieving rally, BTC prices are pulling back. It’s nothing new. Extended gains, rallies and cool offs are typical in healthy markets, and Bitcoin is no exception. Besides, there is nothing to worry about considering significant developments and shifting sentiment…

Famed Short Seller Catches Bitcoin FOMO amid Generational Opportunity

boss

By CCN: Bitcoin is giving investors a once-in-a-generation opportunity, and one industry veteran is trying his best to spread the word. Short Seller Bullish on BTC Glen Goodman, a UK financial investor who made a name short-selling stocks and shares during the 2008 global financial crisis, calls cryptocurrency a rare opportunity for investors. Goodman has been a pundit on BBC, where he promoted the value of bitcoin and the comparison of crypto as the start of a new internet. The short-seller could not be any more bullish on the outlook…

Blockchain Project for National Archives Reports Successful Trial for Audio-Visual Content

boss

A blockchain project developed to safeguard the integrity and accessibility of digital government records of national archives worldwide will soon present the results of a successful trial deployment in the United Kingdom, Estonia and Norway. The news was revealed in an official press release published on May 29. The project, named ARCHANGEL, involves the U.K. National Archives, the University of Surrey and the U.K. Open Data Institute, with funding from the The Engineering and Physical Sciences Research Council (EPSRC). Its trial deployment in the U.K., Estonia and Norway focused on…

Ripple Breaks From a 5-Month Range with Increasing Trade Volumes

boss

XRP adds 13.2 percent week-to-date Prices break above a 5-month trade range For what Ripple seeks to achieve, the IMF has praised the San Francisco startup. Nonetheless, George Harrap of Bitspark believes that Bitcoin is more practical, liquid, and useful than XRP. Ripple Price Analysis Fundamentals Different blockchain projects have different objectives. Ripple intends to build a global platform from where banks and financial institutions can run from. Less than a decade later, and they are recording success. Although onboarding is not as fast, at least, supporters can argue that…

Bahamas Central Bank Enters Agreement to Deliver First National Digital Currency by 2020

boss

The Central Bank of the Bahamas (CBOB) will enter an official agreement for development of a digital fiat currency system on May 30, local news agency the Nassau Guardian reports on May 29. Tomorrow, the CBOB will sign an official agreement with transaction provider NZIA.io in order to build and implement “Project Sand Dollar,” the first digital currency in the Bahamas, the report notes. The Bahamian central bank first announced NZIA as its key collaborator for the project in early March 2019, along with Singapore-based software development firm Zynesis. The…