Blockchain: Manufacturing Market Forecast until 2025
The blockchain in manufacturing market is anticipated to rise at a significant rate from 2020 and 2025. The blockchain in manufacturing market is anticipated to be worth $30.00M by 2020 and $566.20M by 2025, increasing at a compound annual growth rate (CAGR) of 80.00 percent from 2020 and 2025. Key factors driving the rise of […]
500 Million HWG Cash will be Issued on everiToken Public Chain
Recently, Ho Wah Genting Group and everiToken announced the official signing of a strategic cooperation. Strategic Partnership Agreement: Ho Wah Genting Group & EveriToken AG Stablecoin Issuance at EveriToken Public Chain: USD 500 Mln HWG Cash. That means the Ho Wah Genting Group will issue a stable coin based on the everiToken public chain, and […]
Ripple (XRP) Drops 3%
Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 billion banking giant Banco Santander. One Pay FX, a platform operated by Banco Santander, became the world’s first mobile application for cross-border payments powered by RippleNet. Subsequent to the announcement, the price of XRP declined by around 3 percent. […]
Bitcoin Cash Markets Are Up 30 Percent This Week
Bitcoin cash markets are doing quite well today as the decentralized cryptocurrency is up 14.8 percent over the last 24-hours since yesterday’s spike. Some speculators believe the news may have been attributed to Bitmain’s recent IPO filing in Hong Kong. The jump in price continued into September 27 as BCH priced reached a high of […]
Crypto Bull Thomas Lee Says Ethereum Is Poised for a Big Rally
Things may be looking up for Ether, the second most popular digital coin, according to cryptocurrency advocate Thomas Lee. The token, which has suffered a severe sell-off this year as investors retreated from the virtual-asset market, is about to bounce back, Lee wrote in a note to clients Thursday. Ether has lost half of its […]
Coinbase Has Announced a New Listing Process
Coinbase has revamped its policy for listing new cryptocurrencies, replacing an ad hoc process with one the startup hopes will rapidly expand the range of assets traded on its exchange. Announced Tuesday, the new system allows almost anyone to submit a cryptocurrency through an online form for evaluation under the company’s digital asset framework. Those […]
Ripple Tanks 15% as Crypto Market Deletes $13 Billion
˜XRP, the native currency of Ripple, has plunged by 15 percent as $13 billion was wiped out of the crypto market. Volume of Bitcoin has declined from $5.3 billion to $4.2 billion within a 24 hour period, while the volume of Ripple dropped by more than 60 percent from $2 billion to $800 million. Even […]
a16z crypto purchases 6% of MKR, backing Stablecoin Vanguard MakerDAO
American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR). Signaling their support of MakerDAO’s Dai stablecoin, investment fund a16z crypto has purchased 6% of the total MKR token supply for $15 million USD. The purchase gives a16z crypto a stake in the first functional decentralized stablecoin and the only system built with formally […]
Bitzon: A Cost-Effective Way to Harness Benefits of the E-commerce Domain
With technological advancement and faster internet speed, companies from all around the world are increasingly shifting their businesses online. While this transformation is eminent, there are many hindrances like large capital investment, manpower, technical proficiency, etc., that hold back SMEs from entering this revolution. Furthermore, the product line of small-scale businesses often showcase a limited […]
Juventus Is Launching a Crypto Token
One of the most popular soccer clubs in the world is launching a crypto token that it says will boost fan numbers by allowing them to “be heard.” For the effort, Italy’s Juventus Football Club, which boasts Cristiano Ronaldo as a current team member, is teaming up with Socios.com to launch the “Juventus Official Fan […]
Brexit Britain’s Brave Stand Against Bitcoin
Crypto needs a leash, but it’s laughable to think that the City of London can hold it on its own. It’s good to see politicians belatedly waking up to the risk of crypto-currencies. British lawmakers are banging the drum for the regulation of Bitcoin, Ethereum and their brethren in order to protect consumers. It may […]
Hong Kong Exchange Said to Eye Tech Assets in New Strategy
The owner of Hong Kong’s stock exchange, after years of pinning its growth plans to the city’s tighter integration with China, is changing tack and eyeing technology acquisitions, people with knowledge of the matter said. Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Charles Li is considering takeovers in the data, analytics and blockchain […]
Cred Secures $200M in Credit Facility, Now Available on Uphold
Cred, the decentralized global lending platform, has secured $200,000,000 USD in crypto-backed lending facilities. In addition to securing this unprecedented lending facility, Cred has also announced an important milestone in their partnership with Uphold. Cred’s LBA token is now available in 170+ countries on Uphold’s secure crypto and fiat banking platform. Uphold users will be […]
Charlie Lee Defends Litecoin Against ‘FUD’ from Short-Sellers
Litecoin creator Charlie Lee is striking back at what he calls a “concerted effort to suppress” the LTC price on the party of bearish traders and hedge funds who are attempting to short the coin. Writing in a thread posted on Twitter, Lee — who created LTC in 2011 and now develops it full-time — […]
NY Crypto Exchange Report Bearish for Bitcoin ETF Plans
A new report drafted by the New York attorney general’s office (OAG) alleges that a significant number of cryptocurrency exchanges may be vulnerable to market manipulation, a finding that could prove ominous for hopes among investors that federal regulators will approve a bitcoin ETF or other exchange-traded crypto products in the near-term. Bitcoin, according to […]
Kyber Network Is Enabling Merchant Payments in Any Ethereum Token
It’s a number that is growing by the hundreds every day, but the trouble is, according to Loi Luu, the CEO and co-founder of decentralized exchange Kyber Network, the majority of those tokens fall short of a practical use case. “What we observe is that most tokens are used only on exchanges for trading purposes […]
Robinhood App Accused of Selling Out Younger Investors
Journalist Logan Kane of Seeking Alpha conducted a deep dive on the practices of popular stock and cryptocurrency trading smartphone application Robinhood. According to Mr. Kane, “it seems that today’s Robinhood takes from the millennial and gives to the high-frequency trader. Not only does Robinhood accept payment for order flow, but on a back-of-the-envelope calculation, […]
Dapp Revival, Remme Launch, 1 Million Cryptokitties
There are green shoots of recovery throughout the crypto markets today, which some have attributed to Morgan Stanley’s reported foray into the field. We’ve got all the details on that one, plus other tales from across the cryptosphere on what’s shaping up to be a bullish day for bitcoin. Investment bank Morgan Stanley is looking […]
