Since early-2018’s market crash, crypto investors have been waiting for altcoins, digital assets that are not Bitcoin (BTC), to surge higher. Unfortunately for these investors, this hasn’t happened yet, with Bitcoin’s dominance rallied from 33% to a high of 71% last year in 18 months’ time, surging on the deaths of altcoin projects. But, it appears that a new altcoin season, best known as an “altseason” within the cryptocurrency trading community, is right on the horizon. Related Reading: This Late Night Host Just Exposed Millions to Bitcoin, Again Crypto Assets May…
Day: January 17, 2020
Blockchain Arbitration Firm Proof of Trust Plans London Stock Exchange Listing
A firm that’s developed tech to resolve disputes arising from blockchain smart contracts has said it plans to list on the London Stock Exchange. As reported Friday by Alliance News (via London South East), The Proof of Trust aims to float on the LSE’s Main Market. “We at The Proof of Trust are excited at the prospect of a full listing on the main market of the company’s shares and we look forward to providing investors with the opportunity to share in this groundbreaking project,” said lawyer and Proof of…
New Blockchain-based Visa Token Service Set To Launch in 2020 – Set to Reach $1 Trillion
About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…
Watch Civic’s CEO Talk About His New Cross-Border Payment System
Civic’s Vinny Lingham joined us at the Digital Money Forum last week to talk about his new money transfer platform – a worldwide system that holds no funds but instead connects multiple money services businesses (MSBs) in a global network. The product, called Civic Wallet, will let users carry cryptocurrencies and fiat currency on their own devices and uses Civic’s facial recognition systems to secure the system. Because Civic holds none of the keys or currencies, the clients and MSB endpoints will use the wallet as a sort of piping.…
Watch Civic’s CEO Talk About His New Cross-Border Payment System
Civic’s Vinny Lingham joined us at the Digital Money Forum last week to talk about his new money transfer platform – a worldwide system that holds no funds but instead connects multiple money services businesses (MSBs) in a global network. The product, called Civic Wallet, will let users carry cryptocurrencies and fiat currency on their own devices and uses Civic’s facial recognition systems to secure the system. Because Civic holds none of the keys or currencies, the clients and MSB endpoints will use the wallet as a sort of piping.…
Blog: Adtech – the reform of real time bidding has started and will continue
17 January 2020 A blog by Simon McDougall, ICO Executive Director of Technology and Innovation The adtech real time bidding (RTB) industry is complex, involving thousands of companies in the UK alone. Many different actors and service providers sit between the advertisers buying online advertising space, and the publishers selling it. There is a significant lack of transparency due to the nature of the supply chain and the role different actors play. Our June 2019 report identified a range of issues. We are confident that any organisation that has not…
After 65% Rally, ChainLink Just Surpassed a Major Level For First Time in 3 Months
ChainLink (LINK), the 17th most valuable cryptocurrency in the market, surpassed the $2.8 level for the first time since November 2019 after a 65 percent rally. With strong partnerships, ChainLink has maintained an active community of users, investors, and developers throughout the past year. It is one of the few cryptocurrencies to be down less than 40 percent from its record high. Major cryptocurrencies like Ethereum, XRP, and Bitcoin Cash are generally down by 85 to 95 percent from their all-time highs. Where is ChainLink headed next? In the short-term,…
Bitcoin Price Already Up 25% in 2020 After Hitting $9,000
Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait Data from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight. At press time, a slight retracement had sent the pair slightly lower to $8,900, with 24-hour returns still at 3% and weekly performance stronger at almost 16%. Bitcoin holders are currently sitting on monthly gains totaling…
Bitcoin Price Already Up 25% in 2020 After Hitting $9,000
Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait Data from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight. At press time, a slight retracement had sent the pair slightly lower to $8,900, with 24-hour returns still at 3% and weekly performance stronger at almost 16%. Bitcoin holders are currently sitting on monthly gains totaling…
2019’s DeFi Boom Creates New Questions for Tax Filing Season
The decentralized finance (DeFi) boom of 2019, leading to over $785 million in locked crypto assets, is already making accountants dizzy. If you lock up bitcoin or ether in exchange for a synthetic asset or a stablecoin, as nearly a dozen projects and platforms today allow, is that a trade or merely a temporary reorganizing of the original asset? Cryptio CEO Antoine Scalia, of the accounting startup that received a small investment from ethereum co-founder Joe Lubin’s ConsenSys, said there’s no clear answer yet. “The challenges will be how to…