Month: March 2020

Coinbase’s Retail Payment Portal Passed $200 Million in Transactions

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Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $200 million in total transactions processed over its two-year history. According to sources available to Cointelegraph, the wing of the largest crypto exchange in the U.S. reported on March 26 that the platform’s success was due in part to the 8,000 retailers currently using Coinbase for payment services. Bitcoin preferred for retail payments While the coronavirus pandemic is wreaking havoc with traditional markets, the news from Coinbase Commerce would imply consumers are still comfortable using Bitcoin (BTC)…

Ethereum Price Plunges to $125: Can Bulls Save the Day?

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Ethereum is currently declining and it broke the $130 support area against the US Dollar. ETH price is consolidating losses and upsides are likely to face hurdles near $128 and $130. Ethereum is down around 2% and it tested the $125 support zone against the US Dollar. The price is currently consolidating above $125 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken). A clear break below the…

AR Crypto Game Makes an Impact on Social Distancing

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The coronavirus pandemic is causing the worst global economic recession among all business sectors since 1929. Advertising and marketing budgets alone could see a $3 billion loss in 2020. Both traditional brands and crypto companies are replacing their high profile ads with low budget posts in an effort to combat the rising pandemic. Crypto industry is taking on the social responsibility Triffic, a free augmented reality game which rewards players with cryptocurrency, is doing their part to promote social distancing among their user base. On March 26, the startup announced…

Dutch Govt to Embrace Blockchain in Fight Against Pandemic

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A consortium of Dutch companies has launched the “Tech against Corona” initiative. Participating firms will freely provide the Dutch government with access to innovative technologies that can be used in the fight against COVID-19. Netherlands-based distributed ledger technology (DLT) firm, Tymlez, is one of more than 10 companies who are freely providing their services and technologies to the government. Tymlez’ blockchain platform to bring transparency to medical supply chain Tymlez has offered its blockchain platform as the underlying technology to “model the medical goods ecosystem through a platform that matches…

Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

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Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have been steadily vanishing. Also read: In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles Top Ten Cryptos See Some Percentage Losses During Sunday’s Trading Sessions The price of bitcoin affects the entire…

University Students Harness Blockchain for Elections Amid Lockdown

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Students enrolled in the University of Malta’s Blockchain and Distributed Ledger Technologies masters program have built a decentralized application (Dapp) that has been used for voting in upcoming student representative elections, per a March 28 press release. The Dapp is built on top of a decentralized digital identity platform that was provided to the students by Vodafone. The election was the first live project to be executed using Vodafone’s digital identity platform. “We are pleased to have been the first use-case for the Vodafone [digital identity] platform, and as far…

First Game Built on Tezos Blockchain Preparing for Alpha Launch

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Tezos (XTZ) co-founder Kathleen Breitman is preparing to launch the alpha version of the game built on top of Tezos — a crypto-powered collectible card game called ‘Emergents.’ Emergents’ in-game cards will comprise non-fungible tokens (NFTs) that players have full ownership over. Coase intends to comprise both the primary and secondary marketplace for the cards. The company will also act as both a buyer and a seller for the NFTs. Emergents to launch in alpha next month While Breitman has been planning the game since 2018, she announced Coase —…

Latest Bitcoin.com Wallet Release Features Live Charts and Price Tracking

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While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. How to Buy Weed With Bitcoin So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where…

European Union Looking to Blockchain Technology for Defense?

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Sharing is caring! The European Union has put out a call for proposals targeting innovative defence products, solutions and technologies to the community of Small and Medium Enterprises (SME’s). They are offering up to 10 million euro to support several consortium defence proposals and considering multiple contributions of up to 2.5 million euro to kick off individual proposals. “The development of innovative and future-oriented defence products and technologies relies on the innovation capacity of Small and Medium-sized Enterprises (SMEs).” More specifically they are looking for innovative defence products, solutions, materials…

Why Bitcoin’s Tumble Under $6,000 Could Be the Start of Something Worse

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Bitcoin hasn’t done too well over the past few hours. As reported by this outlet previously, the cryptocurrency just tumbled under $6,000 just hours ago, falling under this key psychological level for the first time in a week. Related Reading: Crypto Tidbits: Bitcoin Holds $6,000s, Federal Reserve To Do “QE Infinity,” U.S. Digital Dollar Proposed The cryptocurrency seems poised to close its ongoing daily and weekly candles under this level, which would mark a slight blow to bulls. Indeed, many traders expect the asset to continue to trend lower over…