Day: April 28, 2020

Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower

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A Chinese city in the world’s bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity ahead of the summer rainy season. Ya’an, one of the many cities in China’s mountainous Sichuan province, a region that’s estimated to account for over 50 percent of Bitcoin network’s computing power, has recently issued a public guidance – likely in its first – to seize the “strategic opportunity of the blockchain sector” so that they can help consume the area’s excessive hydropower electricity. Although not specifically mentioned in the…

US Security Token Platform TokenSoft Joins Blockchain Association

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Security tokens platform TokenSoft has joined the U.S.-based crypto lobbying group Blockchain Association (BA). The San Francisco-based token issuance platform said in an official announcement on April 27 that it would be entering the D.C.-based organization to “educate regulators and elected officials on the advantages of utilizing blockchain technology and the need for responsive, national regulatory standards.” Announcing that the firm would be taking a leading role in the BA, TokenSoft said the move was aimed for guidance on using blockchain technology under current regulations, enhancing regulatory compliance on security…

Bitcoin Buyers Lose Control, But 2 Key Technicals Show One Last Rally is Imminent

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Bitcoin is struggling to surpass the $7,800 resistance area against the US Dollar. It seems like BTC price could dip towards $7,600 or $7,400 before a fresh rally towards $8,000. Bitcoin made two attempts to clear the $7,800 hurdle against the US Dollar, but it failed. The price is showing a few bearish signs and it could correct towards $7,600 or $7,400. It is testing a major bullish trend line with support near $7,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct…

Star Citizen 3.9 Gameplay | Full Prison Gameplay Loop – Mining To Freedom!

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Bitcoin’s Correlation with S&P 500 at 9-Year High

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Crypto analyst Mati Greenspan won the title of “father of the year” from the two hosts of Virtual Blockchain Week as he tended to his child while delivering a presentation to the virtual conference’s attendees. Greenspan explained that Bitcoin and legacy assets were more closely correlated than you might think in the wake of COVID-19. Resplendent in a sharp bowtie, the founder of Quantum Economics displayed the following graph “that shows what’s happening in crypto.” The following chart represents Bitcoin’s correlation with the S&P 500 on a range of 1…

BITCOIN – LE BULLRUN EST-IL DEJA LA ?! analyse bitcoin btc long terme crypto monnaie fr 2020

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Pour vous former et devenir gagnant avec l’investissement et le trading crypto : Gagnez des cryptos gratuitement sur Coinbase Earn : Salut à toutes et à tous ! Dans cette vidéo, nous parlerons du Bitcoin BTC. Le BTC est-il déjà en bullrun ? Faites bien attention ! La situation des marchés mondiaux pourrait bien entrainer le BTC bien bas à nouveau… Bonne vidéo ! 💥Tradez sur Bybit, meilleure plateforme pour trader avec levier jusqu’à 100 sur BTC, ETH, EOS et XRP (90$…

Tim Draper Doubles Down on His $250k BTC Prediction

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Speaking at Virtual Blockchain Week, famed venture capitalist Tim Draper confirmed that he is sticking to his six-figure Bitcoin (BTC) price prediction. Back in 2018, Tim Draper made a bold public call that the price of Bitcoin would reach $250,000 by the end of 2022 or early 2023. As of today, he’s sticking to it: “That’s my prediction. Sticking with it. I’m very confident that that is going to happen. That’s happening. It’s kind of funny.” He cites a couple major reasons that might drive that kind of price action.…

Japanese Financial Giant SBI and SMFG to Partner for Digital Banking

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The second largest bank in Japan will sign a deal with SBI Holdings to offer digital banking services available on smartphones. According to an April 27 article in the Nikkei newspaper, the Sumitomo Mitsui Financial Group (SMFG) and SBI have launched the first steps towards a multimillion dollar agreement expected to conclude later this week, before Japan enters its Golden Week banking holidays.  In June, SMFG will acquire a 20% stake in SBI subsidiary NeoMobile Securities, holdings worth several billion yen. By the end of this year, SBI will accept…

Mehr Transparenz in Lieferketten dank Blockchain

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Die Blockchain-Technologie könnte mehr Transparenz in globale Lieferketten bringen und so für mehr soziale und ökologische Nachhaltigkeit sorgen. Erste Pilotprojekte dazu gibt es bereits. Eines davon hat das Institut für Supply Chain Management der HSG begleitet und untersucht, welche Stolpersteine es für derartige Lösungen gibt. Link zur ganzen Studie: Transparency through chains Blockchain technology could bring more transparency to global supply chains and thus ensure greater social and environmental sustainability. First pilot projects in this area have already been launched. One of…

Here’s How Far Ethereum Could Drop if it Confirms an Ultra Bearish Technical Pattern

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Ethereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend. It does appear that this uptrend may be short-lived, however, as analysts are now widely pointing to the existence of a massive rising wedge pattern that it is currently caught within, as a bearish resolution to this pattern could lead to significant losses. This…