Day: February 18, 2021

Can blockchain solve Covid vaccines’ chaotic rollout?

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This is the last article in a special five-part Forkast.News series on blockchain, Covid-19 and the future of healthcare. To learn more about this series, please see the full episode list here. —————————————————————————— Global regulatory bodies have been approving Covid-19 vaccines at a cracking pace, with three vaccines now approved in the West. But this green light is just the beginning. In the months ahead, Pfizer/BioNTech, Moderna and Oxford/AstraZeneca need to scale up their production lines, fortify their supply and distribution chains.  While the pharmaceutical companies and vaccine manufacturers are…

Ethereum hits new all-time high near $2K as analyst says 2021 bull run is different

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Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18 as momentum returned to trading. ETH/USD 1-day candle chart (Bitstamp). Source: TradingView ETH sets sights on $2,000 Data from Cointelegraph Markets and Tradingview showed ETH/USD coming within 4% of the $2,000 barrier on Thursday. After spending much of February trading sideways with modest upward momentum, the largest altcoin reawakened this week. At the time of writing, daily gains totaled more than 4%, with Ether clocking new all-time highs of $1,930. In a fresh market…

Scaramucci: Bitcoin will Reach $100k by End Year

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Anthony Scaramucci–the co-founder of SkyBridge Capital, thinks the Bitcoin price will reach $100k by the end of 2021, a forecast aligning with what permabulls maintain. Bitcoin Firm above $50k In an interview with CNBC’s Squawk Box on Feb 17, the former White House Communications Director maintains his previous stance. He also joins a long list of analysts, including Citibank and Anthony Pompliano. As of writing on Feb 17, the Bitcoin price is trading above $51k, registering a new all-time high and subsequently overcoming the solid sell wall of $50k. The…

Bosch teams up with Fetch.ai to launch blockchain and develop Web 3.0 tech

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Bosch Group, the global technology supplier, is teaming up with Fetch.ai to launch a multi-purpose blockchain network that can further advance Web 3.0 capabilities like artificial intelligence and the Internet of Things.  The blockchain network, which is in testnet until the end of February, seeks to bring distributed ledger technology to several industries. Specifically, the network is developing machine learning applications for blockchain governance, which can be applied to various use cases. The testnet program was launched by Fetch.ai in Oct 2020, with Bosch Research’s Economy of Things team contributing…

Bitwise Unveils Its DeFi Crypto Index Fund for Accredited Investors

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Looking at the explosive growth of the DeFi market, index fund manager Bitwise has announced the world’s first DeFi Crypto Index Fund holding a portfolio of crypto assets powering DeFi services. On Wednesday, February 17, asset management giant Bitwise launched its Bitwise DeFi Crypto Index Fund. This is the world’s crypto index fund that caters to the decentralized finance (DeFi) market. Also, Bitwise is the world’s largest crypto index fund provider with over $800 million in assets under management for the Bitwise 10 Crypto Index Fund (OTCQX: BITW). The launch of…

Blockchain-Backed NFT Market Value Grew 299% in 2020 – News Bitcoin News

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A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published by L’Atelier BNP Paribas and Nonfungible.com, the NFT market tripled in size overall last year, and its total value rose to more than $250 million. The research document stated that the non-fungible token market could be considered the core asset class…

I SOLD MY XRP | What next? | Ethereum Cardano Polkadot? | Cryptocurrency Altcoin News Ripple SEC

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I go over my decision to sell XRP, the pro’s and cons and weighing it up vs the risk/reward. I also look at XRP’s PA using Technical Analysis What would make me jump back in? The Magna Crypto Course: Private Telegram group: SOCIAL MEDIA LINKS ● ● ● DISCLAIMER: This is NOT financial advice. I am offering my opinions. I am not responsible for any investment decisions that you choose to make. Time Stamps 0:00 Funeral for XRP 0:49…

Swiss canton of Zug starts accepting tax payments in cryptocurrency

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The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Bitcoin Suisse, a local crypto broker that enabled the new opportunity in partnership with the canton, announced Feb. 17 that the crypto payment option has rolled out this week. The administration of the canton of Zug placed an official memo for the new tax payment option on its official website, providing detailed video instructions for paying tax bills with crypto. “This step forward for crypto adoption has been enabled by…

Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900

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Ether soared to new record highs Thursday, but an overheated derivatives market may suggest higher volatility is on the way for the short term.  The second-largest cryptocurrency by market value set the new lifetime high of $1,928 soon before press time, having first breached the previous peak of $1,821.49 reached on Feb. 13 early today, according to CoinDesk 20 data.  In the derivatives market, the average level of the “funding rate” across major exchanges offering ether perpetuals (futures with no expiry) has risen sharply from 0.069% – just short of…

US crypto exchange suspends XRP trading in light of SEC lawsuit

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A major United States-based cryptocurrency exchange has halted all XRP trading on its platform in the wake of the Securities and Exchange Commission’s ongoing lawsuit against Ripple Labs. The PayBito exchange, which processed $1.1 billion worth of trades in 24 hours leading up to the time of publication, will suspend all XRP trading pairs, as announced on Feb.18. Four XRP trading pairs have historically been available on PayBito, with XRP/USDT trades proving the most popular. Notably, the trading suspension will not affect users’ holdings, and those with coins held on the…