American sports fans could soon be using blockchain-based tokens to interact with their favorite teams. Blockchain sports firm Chiliz has partnered with major marketing agency Lagardere Sports and Entertainment, according to a press release on Feb. 17. Chiliz CEO Alex Dreyfus told Cointelegraph that — as part of the partnership — Lagardere’s sales team will present Chiliz and its blockchain-based fan interaction system Socios to new sports teams, leagues and sports federations. Dreyfus explained that, since Lagardere has a major presence in the United States, it will help expose Chiliz…
Day: February 17, 2020
Bitcoin, Ether, and XRP Weekly Market Update February 17, 2020
The total crypto market cap lost $7 billion of its value for the last seven days and now stands at $280.8 billion. The top 10 currencies are mostly in red for the same time frame with Bitcoin SV (BSV) and EOS (EOS) leading the pack with 21.3 and 16.8 percent of losses respectively. By the time of writing bitcoin (BTC) is trading at $9,795 while ether (ETH) moved up to $252. Ripple’s XRP is trading at $0.282. BTC/USD Bitcoin finally broke the psychological level of $10,000 on Sunday, February 9…
Binance CEO Says Crypto Exchange Has Applied for a Singapore License
The world’s top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore. According to a report from Bloomberg on Sunday, the firm’s CEO and co-founder Changpeng “CZ” Zhao said in an interview that an application has already been submitted to the island state’s authorities under new legislation passed in late January. “We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded,” CZ told Bloomberg. The updated Payments Services…
Shocking Coronavirus Outbreak Chart Shows China’s Lockdown is Failing
Since January 23, the lockdown of the Hubei region, the number of confirmed cases of coronavirus surpassed 71,000 in mainland China. Despite strict measures from the government such as household quarantine, the virus outbreak is showing little signs of slowing down. Data from the South China Morning Post indicates 1,775 individuals have passed away due to coronavirus, but more than 10,000 people have recovered. What can China do at this point to contain coronavirus? Various footage including videos and photographs from citizen journalists in Wuhan have shown that the government…
Bitcoin Will Surge to $400K — Max Keiser Quadruples BTC Price Forecast
Bitcoin (BTC) is going to hit a giant $400,000, celebrated TV host Max Keiser has said as he raises his price target for the first time since 2012. Speaking on news information show Infowars on Feb. 17, Keiser told host Alex Jones that his old prediction of $100,000 was now too conservative. He told the show: “I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I said this could go to $100,000 — I’m raising my official target for the…
Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies
Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for the indicator. Nigeria has consistently topped the chart in the past 12 months. Only a couple of other African nations, Ghana and South Africa, come close. Also read: Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria Socio-Economic Hardships Pave the Way for Crypto Adoption in Nigeria…
BTC Correction, Andrew Yang Out, William Shatner Attacks: Hodler’s Digest, Feb. 10–16
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin price drop nets Bitfinex “whale” $10 million in five minutes Bitcoin’s struggle to maintain $10,000 has been an ongoing theme this week. The world’s biggest cryptocurrency was surging toward $10,500 on Thursday, but faced rejection at this level and dropped suddenly by over $300.…
The PS5 Could Be Sony’s Last Gaming Console, Ever
The Sony PS5 console could be priced higher than the PS4. An expensive console could spell the death knell of the PlayStation line. Microsoft and others are busy working on delivering console-quality games to smartphones at much lower costs. This is going to be an exciting year for gaming enthusiasts as the console generation is all set for a change with the likes of Sony and Microsoft coming out with their latest hardware. Both companies have already given gamers a good idea about what to expect from the next PlayStation…
Everything You Need to Know About OKT
Note: This article first appeared on the OKEx website. Following the recent launch of OKChain, our decentralized commercial public chain, we have also announced its native token, OKT. With significant worldwide interests towards this new token, we have sorted out some commonly asked questions to help you understand its uniqueness, as well as the differences between OKT and OKB. Are OKT & OKB the same thing? Is OKT a fork coin of OKB? No, they are NOT the same. OKT & OKB are fundamentally two different tokens with entirely different features.…
Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations
Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year, and February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based in the South American nation have been shut down following threats of heavy fines and the immediate effects of the regulations. Acesso Bitcoin was one of the exchanges to voluntarily close their doors. Cofounder Pedro Nunes was quoted by crypto news outlet Portal do Bitcoin as saying:…