May 15, 2020

Bitcoin y Ethereum con movimiento lateral alcista acompañando al S&P 500. Hay Fortaleza.

May 15, 2020 boss

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Data Shows Twitter Follow Count of Ethereum Has Close Correlation With ETH Price

May 15, 2020 boss

With Ethereum 2.0 on the works, the debacle about where this cryptocurrency is headed next has intensified. Some of the most prominent analysts in the industry argue that it could serve as the catalyst for a new bull run. Meanwhile, there are others who maintain that a major correction is underway. A renowned chartist under the pseudonym TraderXO, for instance, recently anticipated that Ethereum was bound for an upswing before continuing its march towards $142. Now that the smart contracts giant has indeed surged more than 17% from Monday’s swing…

Bitcoin Price Nears ‘Golden Cross’ But Will BTC Finally Conquer $10K?

May 15, 2020 boss

The price of Bitcoin (BTC), the top cryptocurrency by market capitalization, is trading down 2.59% for today’s session at $9,540, erasing the push towards $10,000 late on Thursday. Ether (ETH), the second biggest crypto by market cap, is down a little less by 1.72% and retesting the critical $200 level, while XRP also attempts to maintain a key level of $0.20. Cryptocurrency market 24-hour view. Source: Coin360 1-week chart The weekly candle chart for the Bitcoin shows it’s currently trading above high time frame resistance of $9,300, having recovered the…

Central Banks Mull Creating a CBDC, but Not on a Blockchain: Survey

May 15, 2020 boss

Central banks in 46 countries are considering creating a central bank digital currency (CBDC) using a constrained form of distributed ledger technology (DLT), according to a new survey. But they’re leery of blockchain. London-based journal Central Banking, a specialized publication supported, among others, by the Bank of International Settlements (BIS) and the European Central Bank (ECB), found in its inaugural CBDC survey released last week that 65% of respondents had actively researched digital currencies. But the survey, conducted in February, found only one central bank would use blockchain as the…

Italian Govt Commits €15M to Protect ‘Made in Italy’ with Blockchain

May 15, 2020 boss

Counterfeit “Made in Italy” products are sold in marketplaces around the world. The Italian government is now fighting back against these knockoffs by investing €15 million ($16.2 million) towards the development of a blockchain-based solution. According to a new report by dGen, counterfeits of the “Made in Italy” label caused a loss of €12.4 billion ($13.4 billion) in 2016 alone. Such losses directly impact both the income and future survival of many Italian artisans. The prestige of being “Made in Italy” The Italian fashion industry, and the country’s association with…

Bitcoin Cash Upgrade Complete: 3 New Features Added to Consensus Rules

May 15, 2020 boss

Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the new “Sigchecks” implementation. A Number of Blocks Have Been Mined Under New Consensus Rules Every six months, the Bitcoin Cash network upgrades, and they usually take place on May 15, and November 15 every year. BCH supporters all around the world have been monitoring…

Bitcoin Price Could Reach $467,000, Says Raoul Pal

May 15, 2020 boss

There have always been a lot of predictions about Bitcoin price. Raoul Pal has also made one. He believes BTC may reach $467,000. Popular Bitcoin investor Raoul Pal has predicted that BTC price can surge as high as $467,000 in the long term. Before Pal’s prediction, hedge fund manager Mark Yusko had also predicted that the crypto price could rise that high. Bitcoin as at press time is trading at $9,681, and these analysts are of the opinion that the crypto surge could hit $467,000 under certain circumstances. Bitcoin Price…

Blockchain Bites: What You Need to Know About the Last Day of Consensus: Distributed

May 15, 2020 boss

Top Shelf The sun rises on the last day of Consensus: Distributed, our first foray into the world of virtual events. We’ve heard from former Treasury Secretary Lawrence Summers describe the current monetary system as too private, Governor Harvesh Seegolam of the Bank of Mauritius inch closer to a central bank digital currency and World Economic Forum Blockchain head Sheila Warren say digital cash might open the door for niche privacy coins. So where does that leave us? With a full day of programming. This is what my colleague Leigh Cuen will track throughout the…

How Cross-Chain Composability is the Future of Decentralized Finance

May 15, 2020 boss

Decentralized Finance, or DeFi, has been making strides in providing tools for users to take control of their own money and truly be their own bank. However, the assets that power this revolution exist primarily on blockchains, and historically these networks don’t easily communicate with each other. This creates real roadblocks and liquidity issues for many of the applications that are trying to revolutionize finance. New solutions could pave the way for greater “cross-chain composability,” which would mean users with almost any decentralized holdings could easily use it as collateral…