Bitcoin (BTC) begins Monday by avoiding another test of $9,000, but what could happen to change the mood or even set off a bull run? Cointelegraph takes a look at five major facts that could influence the BTC price during the coming week. Stocks under pressure: does “valuation” matter? The macro outlook seemed more or less stable on Monday. Prior to trading, futures for the Dow Jones, S&P 500 and more were modestly up, despite concerns mounting over coronavirus. Specifically, one source quoted by Bloomberg warned on Sunday, the sentiment…
Day: July 13, 2020
WeWork Chairman Confirms Positive Cash Flow Is Due in 2021
WeWork has experienced a rather turbulent period but now it is expected that already in 2021 it will start getting profits. WeWork Chairman Marcelo Claure has told the Financial Times in an interview published on Sunday that the company will begin to have a positive cash flow starting in 2021, almost a year ahead of schedule. The co-working space company had initially set this profitability target for 2021 ending following increased demand for its office workspace during the coronavirus pandemic. Before the ascension of Marcelo, WeWork had been plunged into a…
Monaco’s Digital-Assets-Friendly, 11th Global Family Office Investment Summit Runs 28-30th July, 2020 – Blockchain News, Opinion, TV and Jobs
More than $4.5 trillion in wealth gathering in one room to look at investment opportunities is a rather rare occasion. But with over six hundred years of history — of a grove, a family and a region — the Ritossa Family Office has the pull to pack the house with some of the world’s wealthiest people looking to invest in new financial instruments, particularly cryptocurrency, blockchain projects and digital assets. In the 15th century, when the Ritossa family kickstarted their business: France invaded Italy with Charles VIII King of France…
Bitcoin, Ether, and XRP Weekly Market Update July 13, 2020
The total crypto market cap added $11.1 billion to its value for the last seven days and now stands at $274.4 billion. The top 10 currencies were all green for the same period with ChainLink (LINK) and Cardano (ADA) leading the pack with 66.8 and 37 percent of gains respectively. By the time of writing bitcoin (BTC) is trading at $9,281 while ether (ETH) moved up to $242. Ripple’s XRP reached $0.20. BTC/USD Bitcoin closed the trading session on Sunday, July 5 with a loss to $9,073 and remained flat…
Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement
Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. Developed by blockchain startup Clear, the solution is expected to reduce capital costs for telcos, support faster revenue recognition, and provide more efficient settlement for their inter-company deals and workflows. Both Telefónica Innovation Ventures and the Telekom Innovation Pool of Deutsche Telekom had participated in a $13 million Series A investment for Clear earlier this year to support the startup…
CoinSwap and the Ongoing Effort to Make Bitcoin Privacy ‘Invisible’
A developer known for working on enhancing Bitcoin privacy has set his sights on a new project he hopes will “massively improve” how we keep our transactions private. Chris Belcher, who also created the technical privacy market JoinMarket, is currently working on putting to the test CoinSwap, an idea first proposed by legendary Bitcoin developer Greg Maxwell in 2013. Belcher has been focusing on CoinSwap rather than JoinMarket because he thinks it will give users better privacy, he told CoinDesk. Belcher recently received not just one, but two grants for…
RIDDLE&CODE and S1Seven Team Up To Revolutionise Metal Industry With Blockchain – Blockchain News, Opinion, TV and Jobs
Leading European provider of blockchain interface solutions RIDDLE&CODE, and S1Seven joined their forces to address traceability within the complex and globally fragmented metal industry. Today, only in Europe 500 steel production sites and 500.000 steel and metal processing companies exchange around 100 million paper certificates every year to meet regulatory requirements for material quality documentation. While more and more machines are becoming connected to the Internet, these documents remain paper-based and non-machine readable. This, along with a lack of data processing standards, has caused an increase in opportunities for fraud…
Singapore’s Blockchain Payments Platform Ready for Commercial Launch
Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch. The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized Singapore dollar (SGD). The next steps involved exploring blockchain and distributed ledger technology to build a system for the clearing and settlement of payments and securities using digital SGD. For the final phase of the project, MAS worked in collaboration with the Singapore-based investment company Temasek and the American investment bank JPMorgan. …
Tezos (XTZ) Just Crossed $3: A Strengthening Case for New ATH
Tezos’s price rallied more than 10% and it crossed the $3.000 resistance against the US Dollar. It seems like XTZ is following Chainlink’s (XTZ) rally and aiming more upsides in the coming days. XTZ started a strong increase above the $2.500 and $2.750 resistance levels against the US dollar. The price traded to a new monthly high at $3.050 and it is currently correcting lower. There is a crucial bullish trend line forming with support at $2.650 on the 4-hours chart of the XTZ/USD pair (data source from Kraken). The…
BITCOIN EXPLOSION EUPHORIQUE EN APPROCHE ?! OBJECTIF $13,750 ?! – Analyse Crypto FR Bitcoin Altcoin
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👍 Si vous avez apprécié cette vidéo, n’hésitez pas à mettre un pouce bleu pour nous soutenir ! – 📚 Rejoignez notre communauté entièrement gratuite sur Discord – ⭐ Rejoignez nous aussi sur Twitter Daily Brief FR: Un Brief Français quotidien du Lundi au Vendredi dans lequel nous analysons les cryptomonnaies. Nous avons parlé de la Battle zone, que nous pourrions être dans une consolidation de mi-chemin ‘mid point’ avec un setup de continuation qui pourrait nous emmener sur le niveau des…