Day: July 1, 2020

Price Analysis 7/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, ADA, CRO, EOS

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Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year. This shows that investors’ appetites remain strong as they are confident that central banks will continue to keep the money supply flowing.  While monetary easing can be a short-term solution, if it is not rolled back at the right time it can destroy the economy in the long-term, as seen…

Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020

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The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday crash. As a matter of fact, bitcoin declined in three successive quarters before Q2 2020. In terms of price, bitcoin (BTC) soared from around $6,420 at the beginning of April to more than $9,140 at the end of June, Skew figures show. The coin…

Startup Brings Blockchain Functionality to Steam Gaming Platform

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Blockchain’s inexorable push into the world of gaming is occurring simultaneously on a number of fronts. From AAA tentpole productions backed by major crypto players, through crypto-powered Esports tournaments in popular non-blockchain titles, to encouraging developers on board with easy-to-use blockchain integration tools. GOATi Entertainment is taking a dual-headed approach of its own with its Pavillion Hub offering; targeting both the developers and players on one of the largest gaming platforms around, Steam. Steam, but turbo-charged and blockchain-enabled Pavillion Hub, powered by Phantasma blockchain, acts as a kind of blockchain-enhanced…

Europe’s Third-Largest Stock Exchange Lists Bitcoin ETP

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Germany-based Deutsche Boerse –Europe’s third-largest stock exchange – has officially accepted 21Shares’ Bitcoin exchange-traded product (ETP) and is now set to list the product on Xetra electronic trading platform, according to reports on July 1, 2020. Bitcoin ETP Live on Deutsche Boerse  While authorities in the United States are still pondering on whether to approve Bitcoin ETPs or not, European exchanges continue to open their doors wide to blockchain-based digital assets. Per sources close to the latest development, Deutsche Boerse, Europe’s third-largest stock exchange has listed a fresh Bitcoin ETP…

Shaking Up Travel Industry and Cutting Costs

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The word “blockchain” is no longer perceived as something exotic and super innovative, partly because large companies have found various uses for this technology and customers have begun to understand how it works. On the other hand, the growing adoption and awareness of blockchain has led to the fact that since 2017, many projects have used the technology solely for marketing purposes. The tourism industry is no exception. Some of the initiatives related to the use of blockchain for traveling failed to materialize, with some cases proving that the majority…

US Appeals Court Allows Warrantless Search of Blockchain, Exchange Data

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A federal appeals court on Tuesday affirmed a lower court’s denial of a motion to suppress evidence in a case that hinged on whether the Fourth Amendment of the U.S. Constitution protects Bitcoin blockchain records from warrantless search and seizure. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link

Blockchain Technology Firm Bison Trails Announces Support for Ethereum 2.0

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Blockchain technology firm Bison Trails announced its support for features of Eth2 ahead of Ethereum’s planned upgrade.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link

Bitcoin News Roundup for July 1, 2020

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With a historically boring update to bitcoin’s mining difficulty and the digital dollar back in the news, CoinDesk’s Markets Daily is back for your bitcoin news roundup. Today’s news: Bitwise suggests bitcoin could be looking at territory well north of the previous $20,000 all-time high. Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction. Bitcoin’s mining difficulty just posted the smallest percentage change in 10 years. The District of Columbia Bar has approved crypto payments for lawyers’…

James Cooper: The USMCA Trade Pact Holds Blockchain Opportunity

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James Cooper is a professor of law at California Western School of Law in San Diego where he teaches International Business Transactions and International Law. He has consulted for Los Pinos, Mexico’s executive branch, and the U.S. Department of State. The United States-Mexico-Canada Agreement (USMCA) goes into force today. The trade pact replaces the much-maligned North American Free Trade Agreement (NAFTA), which went into effect on Jan. 1, 1994 and laid the foundation for a vertically integrated marketplace on our continent. By reducing tariffs on many goods and services, North American…