Day: December 4, 2020

Tokenized Carbon Credit MCO2 Allows Everyone to Help Reduce Carbon Emissions

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Moss is doing its part to help reduce global carbon emissions. Its MCO2 token represents tokenized carbon credit, which can be traded anywhere in the world. Global warming is a very relevant topic that direly warrants a clear course of action. One way through which anyone can participate in the use of carbon credit. Moss is a project tokenizing such credit on the Ethereum blockchain. An important step has been taken to address global climate change with a modern solution. What Is Carbon Credit Again? The concept of carbon credit…

Salesforce Could More Than Double Its Valuation with Slack Onboard

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While the talks about the deal between Salesforce and Slack are gaining momentum, Jim Cramer believes that it could be a very beneficial move for Salesforce. Former hedge fund manager and CNBC’s ‘Mad Money’ host Jim Cramer said on Thursday that Salesforce.com Inc (NYSE: CRM) could more than double in market valuation after the company acquired Slack Technologies Inc (NYSE: WORK) for a whopping $27.7 billion. Cramer is said to have a stake in the American cloud-based software company, Salesforce. Notably, he thinks that the decision to acquire Slack was…

Total Ethereum in Deposit Contracts Surpasses 1 Million

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With the full implementation of the scaling solutions, the Ethereum network will now be able to process up to 10,000 transactions per second. It is no news that the long-awaited Ethereum 2.0 (ETH 2.0) is up with the Phase 0 or the Beacon Chain coming live days ago. According to the report on the launch of the new Ethereum Proof-of-Stake network, the Beacon Chain was activated as the minimum deposit number of Ethereum in the deposit contract surpassed the 524,288 minimum. ETH 2.0 Deposit Benchmark Met and Surpassed For the…

First Mover: Bitcoin Below $19K and Customers Flee OKEx

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Bitcoin was lower, pushing prices back down below $19,000 toward where they started the week.  Digital-asset traders have been speculating whether prices would quickly breach $20,000 after the cryptocurrency surged earlier this week to a new all-time high of $19,920. But so far the market hasn’t been able to carry through.  “In the short-run, this rally has endured for a good while and prices might need some sideways action or even a quick retracement before rising further,” the digital-asset financial firm Diginex wrote Friday.  In traditional markets, Asian and European shares…

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Internet Searches for ‘Bitcoin’ Explode amid Inflation Fears

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Queries on Google for Bitcoin reached its highest level alongside its spot price. As of this week, Google Trends, a metric to measure general interest in trending topics, returned a value of 100 for the US search query for the keyword ‘Bitcoin.’ That is more than three times higher than the value of 30 observed in late September-early October 2020 session on a 12-month timeframe. Bitcoin trend on Google shoots to its maximum on a 12-month period. Source: Google Trends Bitcoin trend on Google shoots to its maximum on a…

Polkadot Joins Hands with Chainlink to Overcome Decentralized Nature of Its Ecosystem 

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For people who are interested in running a Polkadot node, there is a “thousand validators” program in the pipeline that aims at boosting the number of validators by 1000. In a bid to help overcome the decentralized feature of its ecosystem, Polkadot has announced an alliance with Chainlink. Using the Polkadot network, the ground would be provided for its community to engage in a discussion with the Oracle Network Chainlink recognized as part of its founding members. The announced decentralized finance alliance makes them the latest rival of Ethereum to…

DOCU Stock Climbs 6% after DocuSign Reveals Upbeat Earnings amid Pandemic

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DocuSign software automates the filing of contracts and certifies electronic signatures. The company’s stock holds an IBD Relative Strength Rating of 94 out of a best-possible 99. On December 3, DocuSign chief executive said that the company’s stock is more than a work-from-home name. The company makes technology that facilitates digital contracts and it has exceeded expectations once more. DocuSign Inc (NASDAQ: DOCU) stock gained in extended trading Thursday as revenue and earnings for the October quarter surpassed Wall Street targets. During the COVID-19 pandemic, the company said that it continued…

Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say

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The path of least resistance for bitcoin is on the higher side, and the cryptocurrency could more than double from its current value in 2021, according to Bloomberg analysts.  “Bitcoin will maintain its propensity to advance in price into 2021, in our view, with macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance, implying about a $1 trillion market cap,” noted Bloomberg Crypto in a monthly report. The demand-supply mechanics are currently skewed bullish, as only 900 new coins mined each day vs. 1,800 in 2017, and institutional participation…

Celsius Network Is Going Parabolic! 🤪 | CEL Technical Analysis (10 Nov 2020)

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