Day: August 28, 2019

How is blockchain solving some realproblems in current world

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From time to time especially in the bear market, I feel like I need to remind you that blockchain is solving some key problems of the normal world. In this article, I would like to share with you some of the problems that blockchain is solving. Not making them and then solving, but just solving problems that already exist.  1.Workflows Workflow: “the sequence of industrial, administrative, or other processes through which a piece of work passes from initiation to completion.” Most of the companies have their workflows well automatized within…

Futures Trading Platform to Launch in September

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Changpeng Zhao, CEO of top crypto exchange Binance, announced that the platform will launch futures trading in September. Zhao voiced this statement on Twitter during an “ask me anything” session on Aug. 28. According to Cointelegraph Japan, the company also “announced its focus on the staking business.” As Cointelegraph reported on July 2, Zhao revealed the company plans to launch a futures trading platform with initial support for BTC/USDT contracts at a leverage of up to 20x.  The CEO made his announcement during a keynote speech delivered at the Asia Blockchain…

Bitcoin And Crypto Market Could Decline Further: BCH, XLM, EOS, TRX Analysis

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The total crypto market cap is currently following a bearish path below the $270.0B resistance. Bitcoin price is now trading below the key $10,300 and $10,200 resistance levels. BCH price is holding the $300 and $305 support levels, but struggling to climb higher. EOS price is consolidating above the $3.500 support level. Stellar (XLM) price is struggling to climb above the main $0.0700 and $0.0720 resistance levels. Tron (TRX) price is moving lower once again towards the $0.0170 and $0.0165 support levels. Bitcoin (BTC) and the crypto market cap are…

Ripple Price (XRP) Possible Scenarios and Bigger Picture

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Ripple price is following a bearish path below the $0.2800 and $0.2900 resistances against the US dollar. There are many supports on the downside such as $0.2640, $0.2580 and $0.2500. There is a crucial bearish trend line forming with resistance near $0.2700 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The price could either climb above $0.2800 or decline heavily below $0.2500 in the near term. Ripple price is facing a lot of hurdles against the US Dollar and bitcoin. XRP price seems to be preparing…

Ethereum Price (ETH) Showing Further Signs Of Weakness

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ETH price is trading in a bearish zone below the $190 and $192 resistances against the US Dollar. The price is at a risk of more downsides if it breaks the $185 and $182 support levels. There is a key bearish trend line forming with resistance at $187 on the hourly chart of ETH/USD (data feed via Kraken). The pair might slowly move down towards the $182 and $180 support levels in the near term. Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin. ETH…

India’s Kerala Blockchain Academy Partners with R3 for Dev Education

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The Kerala Blockchain Academy (KBA), a government initiative under the Indian Institute of Information Technology and Management, is now a general partner of R3. Local news outlet The Economic Times reported on Aug. 27 that New York-based enterprise blockchain firm R3 chose the KBA as a general partner. According to the article’s author, the academy already designed a developer certification program on the firm’s Corda blockchain, meant for banking and technology professionals. Governmental blockchain education Per the report, KBA is the first government institution in India which offers a Corda…

Parity Delays Ethereum Network Hardfork over Implementation of EIPs

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Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6. Waiting on Parity EtherWorld founder Pooja Ranjan provided notes from Ethereum Core Devs Meeting 69 via GitHub on Aug. 24 — a day after the dev meeting occurred. According to Parity core developer Wei Tang, the organization needs two more weeks before devs can proceed in selecting a block number for the Istanbul fork. According to Ranjan’s notes, Tang said that Parity will need until Sept.…

Venezuelan Official Says Remittance Platform for Petro is Ready to Use

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National Superintendent of Cryptoactives Joselit Ramírez has announced that crypto remittance platform Patria Remesa is live and functioning. Radio announcement about the platform The Bolivarian Government of Venezuela reported the news on Aug. 27. According to the report, Ramírez said that Patria Remesa was ready for use on a radio show that he hosts on Radio Nacional de Venezuela. Additionally, Ramírez highlighted his confidence in the platform’s safety, as well as how the Venezuelan cryptocurrency El Petro (PTR) allegedly hedges against economic depreciation. A brief overview of the Petro Regarding…