Day: September 11, 2019

Thai Oil and Gas Firm Develops Blockchain-Based Renewables Platform

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Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) are jointly building a blockchain-based renewables platform. According to a press release shared with Cointelegraph on Sept. 11, the parties are developing a regional solution based on the Energy Web Chain. The new product will also be compliant with the International Renewable Energy Certificate (I-REC) Standard, which certifies renewable energy sources. I-REC certificate demand Energy producers can apply for I-REC tracking certificates from an issuer appointed by a government or trade organization. Once the tickets…

Facebook Libra Must Follow US Rules, Says Treasury Official

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It was back in July that Facebook’s Libra was announced and ever since the announcement, it has become the subject of intense scrutiny from lawmakers. It has not only led to the scrutiny of the entire cryptocurrency project announced by Facebook (NASDAQ:FB) but that of the wider cryptocurrency market as well and consequently, it has proven to be a massive disruption. It also coincided with the point at which Bitcoin price started giving up the momentum that it had gained in the first half of the year. Key Details In a…

Will Tokenized Assets Become the Future of Investing?

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Blockchain company CPI Tech has launched a new asset management solution that could change investments on a global scale, crossing economic, class, and national borders to revolutionize faltering financial markets. In recent decades, crowdfunding has exploded in popularity in developed nations. With early roots in the subscription business model that has been used for various creative and entrepreneurial projects for centuries, it has evolved into a powerful force in modern culture. A brief history of the crowd Even in modern times, crowdfunding started in the arts, with various musicians and…

Price Analysis 11/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA

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Bitcoin is gradually drifting down. Is this a buying opportunity or will it fall further? Let’s analyze the charts. The trade war between the United States and China has stoked fears of a recession. According to a survey by eToro, if a recession occurs, 40% of millennials would prefer to invest in crypto. However, Generation Z and Generation X investors are not convinced by crypto as they have chosen real estate and commodities as their preferred mode of investment.  Gold Bullion International co-founder Dan Tapiero believes that Bitcoin (BTC) is…

Brexit Be Damned! China Swoops in to Globalize London Stock Exchange – CCN.com

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Brexit proponents could take issue with Hong Kong Exchanges and Clearing Limited’s intent to purchase the London Stock Exchange. | Image: Shutterstock Even as UK’s clamor to sever ties with the European Union reaches fever pitch, a Hong Kong exchange operator whose main business comes from Mainland China has swooped in to take over a key British institution in a deal that smacks of globalization, a term that does not endear itself well to proponents of Brexit. While announcing the intention by the Hong Kong Exchanges and Clearing Limited (HKEX)…

IBM Official Elected Chair of Hyperledger Blockchain Tech Board

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The Hyperledger technical steering committee (TSC) has elected another IBM official as its chair amid controversy over the tech giant’s increased representation on the panel. Arnaud Le Hors, a senior technical staff member for blockchain and web open technologies at IBM, succeeds Dan Middelton, a principal engineer with Intel, according to an email sent to the TSC mailing list Wednesday.  “I’m happy to have the chair role in good hands,” Middelton wrote to the list. A year ago Middelton replaced Christopher Ferris, CTO of open technology at IBM, who had…

Bitcoin’s Boring Again. Is $10,000 BTC’s Yawn-Worthy New Normal? – CCN.com

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Bitcoin’s suddenly boring again. Has $10,000 become the yawn-inducing new normal for BTC, or will the market wake back up soon? | Source: Shutterstock After bitcoin’s parabolic renaissance sparked hopes of new highs back in April, the expectation of BTC reclaiming $20,000 has become a fleeting reality. In recent weeks, bitcoin has sluggishly ranged between $10,000 and $11,000, causing its trademark volatility to vanish. Tranquil Bitcoin Market Leaves Traders Daydreaming of More Volatile Times Research from cryptocurrency fund manager Blockforce Capital reveals that BTC volatility is currently languishing at a…

Bitcoin’s Boring Again. Is $10,000 BTC’s Yawn-Worthy New Normal? – CCN.com

boss

Bitcoin’s suddenly boring again. Has $10,000 become the yawn-inducing new normal for BTC, or will the market wake back up soon? | Source: Shutterstock After bitcoin’s parabolic renaissance sparked hopes of new highs back in April, the expectation of BTC reclaiming $20,000 has become a fleeting reality. In recent weeks, bitcoin has sluggishly ranged between $10,000 and $11,000, causing its trademark volatility to vanish. Tranquil Bitcoin Market Leaves Traders Daydreaming of More Volatile Times Research from cryptocurrency fund manager Blockforce Capital reveals that BTC volatility is currently languishing at a…

Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

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Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism. Also Read: Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash Cryptoconomy Loses $25 Billion in Three Weeks Cryptocurrency market confidence seems to be dwindling as many digital assets have struggled to surpass higher price ranges over the last few weeks. Three weeks…

The Centralization of Binance: Potential Cryptocurrency Kryptonite

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Binance shot to stardom in 2017, shocking the cryptocurrency industry by becoming the largest exchange platform in existence in under six months. Even more shocking was continued success through 2018, a year that saw many new platforms shutting their doors. Now, a flood of new exchanges offers hope and security to the cryptocurrency trading world. The rise of Binance Today, Binance is to cryptocurrency what Apple is to modern technology. The level of ambivalence amongst consumers toward both giants can be staggering. Like Apple, Binance has secured a powerful position…