With an ambitious 100% renewables goal by 2025, the new marketplace by Green Mountain Power and LO3 Energy is an eco blockchain play. Source link
Vermont Utility Customers to Trade Renewable Energy Credits on LO3 Blockchain
Day: November 20, 2019
Paypal CEO Admits He Owns Bitcoin
The CEO of Paypal, Daniel Schulman, has revealed in an interview that he personally owns bitcoin. He also talked about Paypal’s plans regarding cryptocurrency, how to achieve mass adoption, and why Paypal decided to leave Facebook’s Libra project. Also read: US to Strictly Enforce Crypto Rules Similar to FATF Guidelines Schulman Owns Bitcoin Daniel Schulman, the president and CEO of Paypal, admitted in an interview with Fortune last week that he personally owns bitcoin. He joined Paypal in 2014 to lead it as an independent company from Ebay Inc. Schulman…
Bitcoin More Attractive During Times of Global Uncertainty
John Pfeffer, founder of Pfeffer Capital, together with Travis Kling, founder and CIO of Ikigai Asset Management and Charles McGarraugh, head of markets for Blockchain, discussed Bitcoin (BTC) in the context of Brexit, trade wars and geopolitical uncertainty. On Nov. 20, the panel of three sat down for an interview with Bloomberg’s Alastair Marsh at the Future of Digital Assets briefing in London, where they took a closer look at the idea that Bitcoin becomes more attractive as an investment during times of global uncertainty. Bitcoin the ultimate store of…
1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s
The $150 million bitcoin mine could become the world’s largest – surpassing Bitmain’s, whose own mega mining operation is in the same Texas town. Original
With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US
Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology. On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between 2009 and 2018 — about three times as many as U.S.-based companies. A total of 12,000 blockchain applications According to Tokyo-based research firm Astamuse, the U.S., China, Japan, South Korea and Germany together submitted around 12,000 blockchain-related patent applications through 2018, with China accounting for over 60% of the five-country total. South Korea submitted close…
Doom or Double Bottom? — Bitcoin Price Support at $7.8K Is Key
Bitcoin’s (BTC) price action continues to be less than impressive unless one is a bear capitalizing on the current shorting opportunities. Bulls pinned their hopes on BTC price breaking out of the falling wedge in a strong upside move since the consensus was that this particular pattern tends to produce bullish outcomes more often than not. This was not the case and Bitcoin price toppled below the descending trendline to $7,981. Since reaching a dominance rate of 69.35% on Oct. 27, Bitcoin’s dominance rate has dropped to 65.9% and a…
Bitcoin.com Launches $200M Bitcoin Cash Investment Fund
Bitcoin.com, the Bitcoin (BTC)-related firm backed by crypto evangelist Roger Ver, is planning to launch its $200 million Bitcoin Cash (BCH) investment fund. Ver has announced the news speaking at a Bitcoin Cash meetup in London on Nov. 19, as he tweeted on Nov. 20. The event was hosted by major global crypto wallet Blockchain.com. The new Bitcoin Cash Ecosystem Fund will focus on payment solutions and non-custodial financial services for Bitcoin Cash, a cryptocurrency that emerged from a hard fork of Bitcoin in August 2017. The new fund will…
Grayscale Files to Become First SEC Reporting Crypto Fund
Grayscale Bitcoin Trust is trading higher by 3% after it filed Form 10 with the United States Securities and Exchange Commission (SEC) to become the first-ever crypto fund to report to the regulator. Major Development The crypto ecosystem has grown at a breakneck pace over the past few years, and it can be said that a viable ecosystem has taken shape. Things like a Bitcoin fund could not have been envisaged half a decade ago, but they are now a reality. In a new development, one of those funds is…
In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes
What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night. Source
Web 3.0 Initiatives Can Drive Crypto Adoption Across the Globe
In October, web browser developer Opera Software AS launched added support for in-browser transactions with Bitcoin (BTC) and Tron (TRX). This follows the company’s initial launch of an in-browser Ether (ETH) wallet in 2018. The latest announcement is part of the company’s grander plan to make the “Web 3.0” easier to access for the average consumer. Opera, based in Norway, is the first major browser to develop and integrate a native crypto wallet, which also supports direct transactions. The company started testing the in-browser payment feature in July through a…