Day: October 8, 2020

Bitcoin Price & Technical Analysis: BTC Looking for Foothold

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On Tuesday, October 8th, the rate of the main digital currency, is slightly growing, trading near $10,632 USD. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of BTC/USD. Great Britain limits operations with cryptocurrencies. The profitability of mining the BTC is falling. On W1, not much has changed. The pair keeps correcting an uptrend and is trading near 61.8% Fibo. A bounce off it will signal further growth, the aim of which remains at 100.00%. The MACD histogram is positive, which must be a signal of further growth of the…

The First S3P Cryptocurrency Public Sale Will Start On 15th October 2020

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Place/Date: – October 8th, 2020 at 3:38 pm UTC · 3 min read Source: S3 Global Technologies LTD In the current boom time of cryptocurrency, S3P token is also marking its rapid growth. As a result, S3 Global decides to run the first S3P IEO in October on the largest trading platform – Latoken. By September 2020, there are above 20,000 people holding S3P cryptocurrency and some spots in Korea and Mexico will soon accept S3P payment in the near future. Besides many types of cryptocurrency, S3P still has a…

Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC

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Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc. announced Thursday that it has bought approximately 4,709 bitcoins at an aggregate purchase price of $50 million. The NYSE-listed company (NYSE: SQ) with a market cap of $81 billion provides software and hardware payments products and small business services. The San Francisco-based company has…

KPMG to Launch Climate Accounting Capability on Blockchain

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With the KPMG Climate Accounting Capability, organizations will be able to meet their sustainability goals by being able to analyze climate risks associated with asset valuations. Audit and professional services firm KPMG is set to offer a blockchain-based Climate Accounting Capability to help firms measure and analyze their greenhouse gas emissions. Per the official announcement, the blockchain-based method also analyzes climate risk impact on asset portfolios as part of organizations’ long-term financial planning. With the KPMG Climate Accounting Capability, organizations will be able to meet their sustainability goals by being…

Google Cloud bets on EOS blockchain, venturing further into crypto

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Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers are showing increased interest.  For example, Google Cloud recently became a network block producer by joining the EOS blockchain community. Block producers on EOS are elected by token holders to add transactions to blocks, add blocks to the blockchain, and implement software changes. While Google Cloud must…

MOBI Launches Electric Vehicle Grid Integration Standard on Blockchain

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MOBI blockchain standard will enable a set of core network data services that will provide significant value to electric vehicle owners, charging infrastructure, and grid operators. The Mobility Open Blockchain Initiative (MOBI), a consortium led by the duo of General Motors Company (NYSE: GM) and Honda Motor Co Ltd (TYO: 7267) has launched the world’s first Electric Vehicle Grid Integration (EVGI) standard on the blockchain through its EVGI working group. Per the official announcement from the MOBI, the blockchain EVGI standard seeks to tackle energy and climate challenges by enabling…

Keynote at PDP’s 19th annual data protection conference

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I began my career as an archivist, and I’ve always had a passion for records, for dusty papers tucked away in a basement. We tend to see archives as a way of reviewing the past, of being able to find a different contextual perspective on a period of history. But what always strikes me when I spend any time reading through historic documents is how much they inform contemporary challenges. The unique events we face aren’t always quite as unprecedented as we think. Everything changes and nothing changes. And so…

Major XRP Price Rebound Expected as Ripple Plans Relocation

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XRP is giving signs of a significant price rebound as its backer, Ripple Labs, said that it plans to move out of the US. The San Francisco-based blockchain company iterated via its co-founder Chris Larsen that it may shift to a crypto-friendly country – the UK, Switzerland, Japan, or Singapore – because of America’s enforcement-focused regulation on crypto and blockchain firms. “The message is blockchain and digital currencies are not welcome in the US,” said Mr. Larsen. “You want to be in this business, you probably should be going somewhere…

First Mover: Bitcoin ‘Comatose’ Under $16K for Rest of 2020, While Ether Traffic Eases

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A slowdown in cryptocurrency trading on so-called decentralized exchanges has helped to alleviate congestion on the Ethereum blockchain, at least temporarily mitigating concerns the network was becoming overloaded. The trading lull comes as prices tumble for many of the hottest tokens from the fast-growing arena of decentralized finance, or DeFi. SushiSwap’s SUSHI token, one of this year’s splashiest debuts , fell by 77% in the past 30 days, while DeFi lender Compound’s COMP tokens lost 37%. On Uniswap, the biggest decentralized exchange, or DEX, daily trading volumes have crashed to $224 million, versus a record high of…