Day: March 20, 2020

Analyst Who Predicted Bitcoin’s Crash to $3,000 Says This Comes Next

boss

Over the past few days, Bitcoin saw some bullish price action for the first time in weeks. This rally took the asset as high as $6,900, up 80% from the $3,800 bottom seen last week and up 28% from the $5,400 baseline.  Unfortunately, it ended abruptly just hours ago, with the cryptocurrency seeing a strong rejection at $6,900 to fall as low as $5,700. According to a prominent analyst, this rejection is a likely precursor to further pain for this market in the coming week. Related Reading: Scarily Accurate Fractal:…

CovidTrial.io – Online Open Data Clinical Trial for COVID-19 Prevention by MD and Blockchain Experts

boss

Sharing is caring! Some fellow blockchain nerds seem to have helped kickstart what could be a major breakthrough solution to the current coronavirus COVID-19 crisis that has engulfed the globe.  The two noted blockchain industry players fired up a started a media storm followed by a new repository online for medical professionals and scientists to crowdsource intelligence and data to help solve the pandemic. ~ advertisement ~ Last week, a well-known blockchain investor from Blocktown Capital, James Todaro tweeted to a paper he and fellow blockchain aficionado and founder of IKU…

Bitcoin Price Crash Fails to Cripple Retail Demand

boss

Bitcoin’s eccentric performance last week had it shed roughly $80 billion from its global market valuation. But investors are not giving up on the world’s first decentralized digital asset. The bitcoin-to-dollar exchange rate rebounded by an astonishing 72 percent after bottoming out temporarily at $3,852. The pair traded near the $7,000-top early on Friday as it brought nearly $43 billion back into the system. While it corrected by circa $300 ahead of the New York morning bell, traders were already convinced about an extended price rally. Scott Melker, a crypto…

Saga Partners with Keyless Wallet ZenGo as SGA Profits from Stablecoin Scare

boss

Saga Monetary Technologies has partnered with ZenGo, making the former’s SGA token storable within the keyless crypto wallet. The deal arrives at a time when interest in low volatility cryptocurrency SGA has peaked in the wake of high profile stablecoin scares. The meltdown of MakerDAO’s crypto-collateralized stablecoin issuance protocol has been coupled with concerns over the inability of fiat currencies and the stablecoins that are tethered to them to serve as a store of value (SoV) amidst severe economic conditions. This perfect storm of freak economic events has proven fertile…

Tether (USDT) Expands to Bitcoin Cash (BCH) to Issue SLP Token

boss

Tether, the stablecoin leader, has announced that it is launching on Bitcoin Cash as well. The Bitcoin Cash protocol uses a sub-protocol, called the Simple Ledger Protocol (SLP), to issue tokens on top of the blockchain base layer, per Bitcoin News, March 21, 2020.  Stablecoins for Tumultuous Times The recent market crash bolstered the value proposition of stablecoins in the cryptocurrency market. Tether saw a near $500 million increase in market capitalization, and more could be yet to come. Bitcoin Cash has done well for itself since forking from Bitcoin. Obviously, it…

Virtual Remote Platform Celo Camp Offers Startups $25,000 USD in Contest Prizes to Build Apps on the Celo Blockchain

boss

Sharing is caring! Open Source project Celo, backed by over 80 companies and individuals, including prominent venture funds, C-level operators, academics, and experts across a wide range of fields such as C-Labs, Andreessen Horowitz, Polychain, Winklevoss Capital and others, is calling for blockchain innovators to join the eight-week long CeloCamp.  Celo Camp is an independent initiative run by entrepreneurs passionate about the potential for global financial inclusion, mass adoption of digital money & acceleration of startups that will build this vision. ~ advertisement ~ The goal of the project according…

Ripe Technology and Neogen Team Up to Bring Blockchain to Food Safety and Animal Genomics

boss

Sharing is caring! Food industry blockchain pioneer Ripe Technology is teaming up with the food and animal safety giant Neogen to integrate innovative blockchain technology with Neogen’s food safety diagnostics and animal genomics. This will help create a history of products and animals as they go through their entire production cycles. Neogen CEO John Adent stated: ~ advertisement ~ “Blockchain has tremendous potential throughout the food and livestock industries, both to verify the authenticity of premium products, such as cage-free eggs, and enhance the traceability of issues that require correction,…

Top Analyst Explains Why Bitcoin Price is Up 78% amid Coronavirus Outbreak

boss

Bitcoin resumed its roller-coaster rally even as the worsening Coronovirus pandemic discouraged investors from holding risky assets. The benchmark cryptocurrency jumped 29.11 percent in the last 24 hours, hitting a new weekly high of $6,900 on Coinbase. The move uphill came after last week’s erratic sell-off that crashed bitcoin from $7,969 to as low as $3,858. Nevertheless, a renewed buying interest near the session lows helped the price rebound, eventually taking it up by 78 percent by this Friday. BTC/USD jumps buy up to 78 percent | Source: TradingView.com But…

Top 50 blockchain and marketing agencies for 2020

boss

While this list accounts for 50 blockchain marketing, Crypto marketing, or ICO marketing agencies, it is important to distinguish the list into tiers as certain agencies stand well above the rest. Thus, the list is broken into tier 1 blockchain, Crypto, and ICO marketing agencies, tier 2 blockchain, Crypto, and ICO marketing agencies, and tier 3 blockchain, Crypto, and ICO marketing agencies. Rationally, tier 1 agencies are those that have demonstrated a high success rate, whereas tiers 2 and 3 have demonstrated a low success rate.  Tier 1 – Blockchain,…

Is Bitcoin Primed to Decouple From Legacy Assets?

boss

Bitcoin has shown substantial stability in the last few days as legacy markets continued to crash, per Bloomberg, March 21, 2020. After the correlation between Bitcoin and the S&P 500 hit an all-time high over the last week, can Bitcoin make a move and set the tone for the revival of its safe-haven narrative?  Stability in Bitcoin Improves Sentiment The strength seen in the Bitcoin market is encouraging for anyone in the space, or any trader actively monitoring charts. Since hitting a bottom of $3,850 on this move, Bitcoin rebounded and is…