Month: March 2020

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

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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

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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

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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

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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

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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

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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?

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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…

Sensorium (SENSO) Gets Listed on KuCoin to Drive Global Cryptomarkets

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Sensorium Corporation has partnered with KuCoin cryptocurrency exchange and launched an in-game currency for Sensorium Galaxy. This move is set to drive cryptocurrency usage given that Sensorium Galaxy users are projected to reach into the millions. Sensorium Corporation is launching a digital currency called Senso Token, for in-game purchases in the Sensorium Galaxy. The token enables users to make gaming-related purchases and exchange game content. Third-party companies involved in Sensorium Galaxy, such as those developing unique locations for customised events as well as gaming content for in-game purchases, will also…

Argentina’s Natural Gas Infrastructure Moving to Blockchain Technology

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Sharing is caring! South American blockchain firm IOV Labs along with Grupo Sabra have launched their Gasnet blockchain network for Argentina’s natural gas distribution system. Gasnor was the first to greenlight the project but was soon followed by Argentina’s gas regulator Enargas who approved the nationwide deployment of the blockchain solution.  “We are very excited to assist Gasnor in bringing more transparency and traceability to the gas industry through blockchain technology powered by RSK and RIF platforms, and by doing so to enable a more cost-effective and service experience to…

Top Investment Instruments | NewsBTC

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In this article, we will explain how you can achieve long-term financial growth. Let’s start with bank deposits and savings accounts – and what makes them absolutely useless. Unfortunately, with each year the profitability of bank deposits decreases – yield rates on deposits go down, and in some countries, they even reach the inflation rate. Let’s take a look at an example from Germany – according to a survey conducted by the Bundesbank, 58% of banks have set negative interest rates on deposits for corporate clients, and 23% have done…