Day: May 21, 2020

BITCOIN ₿ SHORT TERM EMERGENCY!! ¦ Bitcoin Technical Analysis 18,05,2020

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The Holy Grail for Cross-Chain Deployment

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As per a detailed report released by accounting giant Deloitte at the World Economic Forum on the subject of blockchain interoperability, this fast-evolving technology still has some distance to tread before it can be ported into action for mainstream purposes such as large-scale supply chain management, secure data sharing and other processes. In this regard, a number of big-name web service providers such as IBM, Oracle, Azure Blockchain Services and SAP have been vocal in their support for cross-chain platforms and have made a firm commitment to solving many of…

Chainlink (LINK) Stays Afloat Despite Crypto Correction, But Not for Long

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The past 24 hours have been chaotic in the cryptocurrency market. After 50 BTC that had not been touched in over a decade were transacted, the so-called “Crypto Twitter” exploded with speculation about Satoshi Nakamoto dumping his holdings. It was later revealed that the transaction had nothing to do with Satoshi himself, but the damage had already been done. Bitcoin crashed from its $9,800 perch to as low as $9,100 — a drop of over 7% in just a few hours. The sudden bearish impulse resulted in the liquidation of…

Bitcoin.com Exchange Lists ESH Token Support Prior to John McAfee’s Ghost Airdrop

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In mid-April, news.Cryptox.trade reported John McAfee’s new privacy token called Ghost, as the former anti-virus tycoon detailed “governments will be unable to shut it down.” Ghost won’t be distributed in the usual fashion by leveraging an initial coin offering (ICO), as the project will instead utilize the airdrop process. In order to obtain the Ghost token, recipients will need to hold a specific ERC20 token called ESH. Today, Cryptox.trade’s cryptocurrency trading platform announced that ESH will now be listed, so users can obtain the token in order to participate in…

Ripple/XRP-XRP Will Be The World`s Global Asset SOON!

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IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

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IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading.      We.trade is backed by a group of banks, including Deutsche Bank, HSBC, Rabobank, Santander, UBS,  Société Générale, and a few others. As one of the largest blockchain-enabled trade networks in the world, the blockchain platform first aimed to help small and medium-sized enterprises (SMEs) in Europe…

China’s Tencent Rescues System Shock 3 From Certain Death – But Why?

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OtherSide Entertainment recently announced that Chinese company Tencent would be “moving forward” with the troubled System Shock 3. Right now, the tweet is not particularly clear on what that actually means. If developing this game has been this hard, is it even worth continuing? System Shock 3 is a game we’ve been for, for a long time. In the 5 years since the original announcement, the game has had a troubled development cycle. Although owned by Nightdive Studios, the IP is being developed by OtherSide Entertainment. OtherSide has tried partnering…

While Other Billionaires Hoard Their Wealth, Mark Cuban Is Helping Small Businesses

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Mark Cuban is taking the time to assist small business owners who are struggling because of the pandemic. Cuban himself is handling queries on Twitter. Other billionaires like Jeff Bezos and Elon Musk are busy growing their empires. The COVID-19 pandemic has been a bane to many but a boon to a few. The world’s wealthiest people, including Jeff Bezos, Elon Musk, and former CEO Microsoft Steve Ballmer, have seen their wealth balloon during the crisis. CNBC reports that in April, as the U.S. economy ground to a halt, billionaires…

Dapper Labs Welcomes CryptoKitties Onto Flow Blockchain

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Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain. Flow blockchain was built by Dapper Labs to address many of the challenges the team encountered in launching on and “breaking” Ethereum — with CryptoKitties causing unprecedented network congestion on the Ethereum network when it launched on mainnet. Dapper also devised a new proprietary smart contract-oriented programming language designed for smart contracts for Flow called Cadence — which is currently being explored by Libra as part of a tech sharing deal between…

Long Tesla Stock? Electric Vehicle Sales on Course to Overtake Fossil Cars

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Bloomberg’s annual electric vehicle outlook report has found that combustion vehicle sales peaked in 2017 and that electric vehicle sales will become dominant from 2037. Tesla stock is well-positioned to benefit from this trend, which will be accelerated by the coronavirus pandemic. However, Tesla won’t be the only major electric vehicle maker, so it’s unlikely to perform significantly better than other car stock in the long run. Tesla’s stock (NASDAQ:TSLA) is already bucking the coronavirus trend, but today, investors received more good news. Bloomberg published its annual electric vehicle outlook…