Tuesday, March 31, 2020

The Banque de France Launches Experiment Program on CBDC

The Banque de France Launches Experiment Program on Central Bank Digital Currency

 

Central bank of France is calling for applications to experiment with a central bank digital currency for interbank settlements, official website reports. The bank reports that it doesn’t impose any particular technology within its CBDC experiment program.

With this step, the Banque de France has an intention to explore this technology’s provided prospects. It will also help to identify particular cases integrating Central Bank Digital Currencies in innovative procedures for the clearing and settlement of tokenised financial assets.

As reported by the bank, the deadline for digital applications’ submission is set 15 May. The selection of applications will be conducted until July 10 of the current year.

It is mentioned that the Central Bank of France will choose a maximum of 10 CBDC-related apps by groups/individuals. The main condition for the selection is set to be the innovative nature of the project.

As the Central Bank of France reports, the results of these experiments will be a fundamental component for the bank to contribute to a more comprehensive plan conducted by the Eurosystem on the possible CBD implementations. In addition it’s mentioned, “Indeed, any decision to create a CBDC is a matter for the Eurosystem.”

 


Cryptocurrencies are getting more and more popularity. Day by day, more countries adopt it, more companies and individuals enter into the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Monday, March 30, 2020

Hitachi Partners with ConsenSys for PegaSys Plus Sales

Hitachi Partners with ConsenSys for PegaSys Plus Sales

 

In partnership with ConsenSys, Hitachi Solutions, Ltd. will make sales of PegaSys Plus in Japan starting from the next month, as reported.

Expressing his opinion on the collaboration with Hitachi, Joseph Lubin, ConsenSys Founder and CEO, noted that Japanese blockchain market is full of potential to become one of the rapid growing markets in upcoming years. He noted that he is enthusiastic to push that growth together with Hitachi. In addition he mentioned: “We are committed to bringing our stack of products to Japan and working with the best partner possible to make Japan a global leader in the space.”

PegaSys Plus is a commercially-licensed Ethereum-based platform built on Hyperledger Besu, providing additional features and support. It provides reliability, ease of use, and security required for corporate use. Through Pegasys Plus, Hitachi offers solutions providing complete support for the introduction, construction, operation as well as development of distributed apps.

Hitachi is planning to use Pegasys Plus to streamline crypto related operations such as trading, electronic coupons, supply chain management, and certification.

 


To find out more about Ethereum and its price, take a look at Ethereum Price updates. To stay up to date with the latest Ethereum price as well as the entire crypto market movements, check out Ethereum Price Predictions.

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Sunday, March 29, 2020

Ethereum-Based Pepo Integrates Zoom for Live Streaming

Ethereum-Based Pepo Integrates Zoom for Live Streaming

 

Pepo, an Ethereum-based video-sharing social media app, has announced the integration of the video conferencing platform, Zoom, to make live streaming easier.

As it is reported, at present Pepo Live Events are only available in beta on the site of the platform and are not within the Pepo app yet. The official Twitter account of Pepo writes: ‘As the world turns virtual, we knew we had to enable live events for all communities on Pepo.”

Currently, only Pepo Community admins are able to host a Pepo live event. Despite that, anyone can take part in the live events. All Pepo live events are recorded, and there are plans that in the near future there will be a possibility to show previous lives. Time limit for Pepo live events is 3 hours per event.

 


To learn about Ethereum and its price, take a look at Ethereum Price updates. To stay up to date with the latest Ethereum price and crypto market movements, check out Ethereum Price Predictions.

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Saturday, March 28, 2020

BTC Price Prediction: Bulls Have a Chance If

Bitcoin: Current Situation

 

This post is not intended to give super exact data because the main concept is to show the current and potential future situations based on technical and fundamental facts.

Bitcoin Crashed due the Coronavirus + large amount of short leveraged orders in the beginning of March 2020.

Bitcoin Touched the levels of 3900$ within a single day setting the worst BTC crash ever.

Currently, we see that on the monthly Chart a huge candle down which is recovered by 50% from the lowest level which created a huge tail on the candle.

BTC Price Prediction

If by the end of this month the Candle closes not below 7169$, then there is a good chance bitcoin will continue moving upwards despite the fact of the huge crash (-54%).

Why? Because based on the technical analysis, if the candle body closes above the latest candles bodies (pic below), the bull signs are clearly showing that are on the winning the fight against the Bears.

 

The weekly Chart:

On the weekly chart we can clearly see that the crash stopped on the 4000$’s Demand Levels from where it pushed all the way up. To be exact, 37% within 2-3 days.

The weekly candles show strong signs to continue moving upwards as there are no resistance levels until 6700$ level and candle bodies are quite firm.

If this week candle closes at least at current levels 6200$-6700$ then next week candle should continue growing.

Remember that we are very close for a monthly Candle closing at 7100$ which means weekly and monthly charts will support the trend growth.

Daily chart:

The daily chart is growing based on support resistance growing trend. Here we can see that the first resistance level starts from 7700$-8100$ levels which means that the trend has no real obstacles to reach the monthly desired closing level by the end of this month.

And, if the price reaches those levels we will have, as said before, a monthly and weekly strong support for BTC to continue moving forward.

We will continue making analysis on a weekly basis.

 

Best of luck!

Haik Espina Galstyan

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KB Kookmin Bank is Set to Launch a Crypto Custodial Service

One of the largest South Korean banks, KB Kookmin Bank or KB is set to launch a crypto custody service in the foreseeable future.

As Digital Today has reported on Friday, 27 March, the bank filed a trademark application for “KBDAC” – KB Digital Asset Custody in the late of January of the current year. In the application, KB expresses its desire to trademark KBDAC in around 20 areas relating to the crypto sphere. This includes trading, consultation as well as management of cryptocurrencies. It also clarifies digital asset consignment, settlement, along with their transactions with fiat currency.

South Korean bank will launch a subsidiary brand in order to provide financial services and products, regarding receiving and managing cryptocurrencies in investment funds.

It is worth noting that in June of the previous year, KB Kookmin Bank developed a crypto custody service in the partnership with Atomrigs Lab. Atomrigs Lab designs a product that secures crypto assets with the usage of multi-party computation (MPC) cryptography technology.

 


Cryptocurrency is getting more and more popularity. Day by day, more countries adopt it, more companies and individuals enter into the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Friday, March 27, 2020

Ripple Donates $200K to Fight COVID-19 Pandemic

Ripple Donates $200K USD to Fight COVID-19 Pandemic

 

Ripple Labs has made a donation of $200,000 USD to 2 various non-profit organizations to fight against the spread of the coronavirus (COVID-19) in the territory of the United States.

As official Twitter account of Ripple tweeted, Tipping Point Community and Silicon Valley Community Foundation, will get $100,000 USD each as a donation.


Tipping Point Community, which is based in San Francisco, is working on combating the poverty in the California city through a network of partners who support the cause. All in all, the organization has an intention to raise over $1 million USD for the COVID-19 response initiative.

The other non-profit organization, the Silicon Valley Foundation is concentrated on containing the effects of COVID-19 throughout the Silicon Valley area.

 


To find out more about Ripple, check out Ripple XRP news toda. To stay up to date with Ripple price and crypto market movements, check Ripple (XRP) Price Predictions as well.

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Thursday, March 26, 2020

CoinTracker Report: The Top Crypto Cities in the United States

CoinTracker Report: The Top Crypto Cities in the United States

 

Bitcoin tax software and crypto portfolio manager CoinTracker has published a statement comparing the crypto ownership across major cities in the United States. The statement includes the data of CoinTracker anonymized United States users from 2013 to 2020.

As the statement uncovers, the top 4 ranked cities by average crypto portfolio size are all in San Francisco Bay Area. The top ranked city is San Francisco, where a CoinTracker user has in average around $55,000 in his crypto portfolio. Next come Palo Alto with $39,000, Oakland with $35,000, then San Mateo with $30,600. New York is on the 6th position with $22,966 and Los Angeles is on the 24th with $10,216 average crypto wealth per CoinTracker user.

Like everywhere around the globe, also in the United States the top crypto that people invest in the most is Bitcoin. 50.3% of all crypto wealth among CoinTracker users is in Bitcoin. Ether comes next with 28.7%, then USDT with 4.1%, etc.

It should be noted that in several areas, people mostly have created wealth by investing in Ethereum. In the United States, San Diego is the leading city in concentration of Ether wealth. 66% of their users’ wealth is coming from that crypto asset. Crypto portfolio users from San Francisco have also made over half of their crypto wealth from Ethereum. It’s also worth noting that San Francisco has the most crypto users followed by New York and Los Angeles.

 


Cryptocurrency is getting more and more popularity. Day by day, more countries adopt it, more companies and individuals enter into the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Wednesday, March 25, 2020

China Moves Closer to Issuing Digital Currency

China Moves Closer to Issuing Digital Currency

 

The People’s Bank of China (PBC) is speeding up its digital currency (CBDC) issuing plan, the Global Times reports.

The Bank of China in collaboration with several private companies has finalized fundamental functions’ development of the official digital currency. At present, it is working on projecting laws that will help to issue the digital currency.

Nowadays, central banks of different countries across the globe are cutting interest rates to zero to release liquidity into the market due to the COVID-19 pandemic. In these days, cryptocurrency seems to be the most convenient tool to solve these issues.

As the Global Times also noted, among the private companies taking part in the development of the digital currency are Alibaba, Tencent, Huawei as well as China Merchants Bank.

Managing director of Digital Renaissance Foundation, Cao Yan is confident that speeding up the CBDC project can serve to turn the crisis into an opportunity. He mentioned:

“If there is a chance China is considering lowering its interest rate into negative territory as an final option and directing such policy to commercial loans and lending, a circulated digital currency rather than M0 will be able to achieve that.”

Cryptocurrency is getting more and more popularity. Day by day more countries adopt it, more companies and individuals enter into the crypto market. To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Tuesday, March 24, 2020

MoneyGram has Sold $11,3 million Worth XRP

Recently, MoneyGram announced the sell of $11,3 million worth XRP, its 2019 annual report states.

The money transfer company has sold over $11.3 million worth XRP that it received from Ripple as a part of its commercial agreement with the fintech firm. As the report states:

““The Company is compensated by Ripple in XRP for developing and bringing liquidity to foreign exchange markets, facilitated by the ODL platform, and providing a reliable level of foreign exchange trading activity.”

During the last SEC filing, MoneyGram reported about recieving XRP from Ripple as compensation for the usage of Ripple’s ODL platform in order to make effective cross-border payments much easier.

The platform ODL converts the currency of a sender into XRP, moves it across borders, and then converts it to the receiver’s currency. As stated by The Block, Money Gram instantly liquidates all XRP that it receives from Ripple.

It is worth noting that in June of the previous year, MoneyGram signed a partnership deal with Ripple with the intention to make cross-border payments and foreign exchange settlements easier. Ripple acquired a $50-million stake in MoneyGram.

At the present, MoneyGram is using XRP to move 10% of its transaction volume between the U.S. and Mexico.

 


To find out more about Ripple, check out Ripple XRP news today, as well as stay up to date with Ripple price and crypto market movements, check Ripple (XRP) Price Predictions.

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Monday, March 23, 2020

Tim Draper Wants to Invest in Indian Crypto Startups

Tim Draper Wants to Invest in Indian Crypto Startups

 

Tim Cook Draper, an American venture capital investor, has an intention to invest in Indian crypto startups. On his latest visit to India, Draper met key cryptocurrency founders, stakeholders.

Previously, Draper criticized the Indian government for mulling to ban crypto assets. However, after the Supreme Court’s Judgement, he is optimistic that the best ideas will finally prevail in cryptocurrency market in India. On his official Twitter account he wrote: “A renaissance for India. Now crypto is legal. #bitcoin #india.”

Commenting over the judgement, Draper mentioned: “The Supreme Court of India & the Indian government have shown that the best ideas ultimately prevail, and just in time, because the benefits of Bitcoin and crypto over current systems will become apparent during this crisis.”

It’s worth noting that the Supreme Court’s 180-page-long judgement has brought a clear understanding of crypto as well as its legal standing in India. It is also bound to set a precedent across lots of other countries around the world, and especially developing countries.

 


To learn about the first and most popular crypto asset, Bitcoin, check Bitcoin Price. To stay up to date with the latest BTC price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Sunday, March 22, 2020

Citigroup Raises its Equity Stake in Ethereum-based Trade Financing Startup Komgo

Citigroup Raises its Equity Stake in Ethereum-based Trade Financing Startup Komgo

 

A multinational investment bank and financial services corporation Citigroup Inc. has increased its investment in Komgo, which is an Ethereum-based decentralized startup.

The global head of commodity trade finance at Citigroup, Kris van Broekhoven stated that the bank upped its capital in Komgo to provide the startup the possibility to keep developing.

The Ethereum-based trade financing platform was launched in 2018 in partnership with ConsenSys. It has an intention to simplify trade financing in the commodities markets. The platform provides equities traders, financial institutions as well as trade service providers the possibility to communicate across blockchain technology.

As Broekhoven noted, trade financing has highly depended on the exchange and manual processing of paper documents for around a century. He stated that distributed ledger technologies provide opportunity to modernize trade financing.

In addition, he mentioned: “Now blockchain technology serves as a catalyst to disrupt the industry towards the processing of electronic data.” Citi has also started to integrate its trade engine with Komgo’s blockchain.

At the present, the startup is focused on letters of credit, account receivables financing, and KYC. However, it is planning to expand its features to integrate inventory financing and auto-matching of electronic documents.

 


To learn more about Ethereum and its price, take a look at Ethereum Price updates. To stay up to date with the latest Ethereum price and crypto market movements, check out Ethereum Price Predictions.

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Saturday, March 21, 2020

Australians Prefer Other Electronic Methods over Crypto

Australians Prefer Other Electronic Methods over Crypto

 

Only less than 1% of Australians used cryptocurrencies like Bitcoin as a payment method in 2019, the Reserve Bank of Australia (RBA) reports.

Last year, RBA conducted a study with an objective to find out more information about local payment preferences. It recently published a report: “Consumer Payment Behaviour in Australia”. According to it, customers in Australia more and more prefer to use electronic payment methods.

As the study discovered, around 80% of people are aware of cryptocurrencies as payment methods. However, very small number of them had used a crypto like BTC to actually make a payment; less than 1%.

The report also underlines electronic payments’ increasing importance, which shows the growing demand for inexpensive, secure payment methods. The Australian Bank also noted that it is now preparing a review of retail payments regulation for 2020. It will consider a broad spectrum of points such as competition, efficiency as well as retail payments’ security.

Summarizing, RBA outlined the continuous changing way how customers make their everyday payments in Australia. As the report showed, the usage of cash keeps declining, as people now prefer to use different electronic payment methods for even small purchases.

 


To learn more about Bitcoin, as well as to stay up to date with the latest Bitcoin Price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Friday, March 20, 2020

Banco Sella to Launch Bitcoin Trading Service

Banco Sella to Launch Bitcoin Trading Service

 

Italian bank Banco Sella launches a Bitcoin trading service. The trading is carried out via Hype platform of the bank, where the bank acts as an intermediary reducing potential security risks with crypto exchanges.

The official website announced that currently the service is in beta test on a small group of HYPE Plus customers and within a several days it will be available to all customers.

Around 1.2 million people in Italy already use Hype platform to conduct operations. This platform enables clients to purchase, sell and transfer Bitcoin, as well as, it allows to make payments for goods and services with the crypto asset. It’s reported that the Bitcoin request function will also be available soon.

General Manager at Hype, Antonio Valitutti mentioned that cryptocurrencies become increasingly popular among their clients, who “expect to be able to access this world through the tool that they use to manage money on a daily basis.”

It’s worth noting that in previous months, the interest in crypto and blockchain has increased among Italian institutions. Blockchain technology was applied to electronic voting in Naples and 2 Italian high schools are planning to record diplomas on blockchain.

 


To learn more about Bitcoin, as well as to stay up to date with the latest Bitcoin Price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Thursday, March 19, 2020

Binance P2P Introduces 5 New Fiat Currencies in Latin America

Binance P2P Introduces 5 New Fiat Currencies in Latin America

 

Cryptocurrency trading platform Binance has rolled out peer-to-peer (P2P) crypto trading with 5 new fiat currencies in Latin America.

From now on, Binance P2P trading platform provides its users the possibility to purchase and sell crypto assets with some of the Latin American countries’ fiat currencies; Brazilian real, Argentine peso, Colombian and Mexican pesos and Peruvian sol.

Among the supported crypto coins are BTC, ETH, USDT, BNB as well as BUSD. There is no transaction fee and the cryptocurrency exchange uses an escrow service to protect user funds.

Changpeng Zhao, CEO of Binance, noted that in nowadays indefinite global economic situation, in spite of their price volatility crypto assets have become quite friendly.

He mentioned: “For the massive unbanked population in Latin America, cryptocurrency is a more promising financial asset, and we are glad to directly provide the financial access and service for them,” adding that crypto coins and P2P trading is well established in Latin America.

 


To learn more about the first and most popular crypto coin Bitcoin, as well as to stay up to date with the latest Bitcoin Price and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Wednesday, March 18, 2020

Financial Institutions to Develop Blockchain-based Platform

Financial Institutions to Develop Blockchain-based Platform

 

Several leading European financial institutions together launch a blockchain-based platform called FundsDLT for the investment fund industry. Among the institutions are Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange, Natixis Investment Managers.

As reported, the FundsDLT platform is based on the blockchain of Ethereum that assures privacy & high performance. It provides asset managers and servicers, distributors the ability to cut costs. The expenditure reduction is intended to be achieved by removing unnecessary activities while providing transparency and allowing the distribution of digital fund.

As CEO of the Luxembourg Stock Exchange, Robert Scharfe noted that the release of FundsDLT can become a crucial step in achieving their collective target; that is the blockchain and cryptocurrencies adoption in the financial industry.

He mentioned: “The Luxembourg Stock Exchange has played a catalyzing role in this development, and it is exciting to see the expanding ecosystem around FundsDLT,.”

Head of Credit Suisse Asset Management Switzerland & EMEA, Michel Degen, mentioned that they constantly try to provide their clients an easy access to their products, adding: “As part of our digitalization journey, we consider FundsDLT as a further powerful lever to increase efficiency but also to create new distribution channels, enabling considerable benefits for both clients and asset managers.”

 


To learn more about Ethereum and its price, take a look at Ethereum Price updates. To stay up to date with the latest Ethereum price and crypto market movements, check out Ethereum Price Predictions.

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Tuesday, March 17, 2020

Bakkt Integrates a New Payment Method with Starbucks

Bakkt Integrates a New Payment Method with Starbucks

 

Bakkt digital wallet app, is integrating a new payment method with Starbucks.

In the near future, Starbucks mobile app users will have the ability to pay with “Bakkt Cash” at Starbucks. Adam White, President of the digital wallet app, reported about the integration of the new payment method on his official Twitter account.

As he stated: “As global markets shed trillions of dollars, empowering consumers with new spending power more important than ever.” He mentioned that with this step they also cut merchants’ payment costs, improving their bottom line. He added, “Open your @Starbucks app to see our first direct integration and select @Bakkt to sign up for our Early Access Program.”

“We are currently conducting a limited test for our customers, using the Bakkt payment method. Customers can see Bakkt as an option but the test is only available at this time,” a Starbucks spokesperson reported CoinDesk.

Starbucks also confirmed about remaining a strategic launch partner for Bakkt. As it is stated: “We anticipate that a range of cryptocurrencies will gain traction with customers and, through our work with Bakkt, we will be uniquely positioned to constantly consider and offer customers new and unique ways to pay seamlessly, at Starbucks.”

 


To learn about the Bitcoin, as well as to stay up to date with the latest Bitcoin Price, crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Monday, March 16, 2020

Charles Hoskinson: Cardano Shelley Update will not be Postponed due to Coronavirus

Charles Hoskinson: Cardano Shelley Update will not be Postponed due to Coronavirus

 

Cardano (ADA) is working on implementation of commercial infrastructure. As the founder and CEO of Cardano, Charles Hoskinson announced during a YouTube livestream, development is on schedule.

As he stated, there will be official updates about the commercial infrastructure in the upcoming months, at the same time,making sure that the development is moving forward as planned.

Founder of Cardano mentioned: “Cardano commercially critical infrastructure are things that Cardano needs for it in our view to be competitive against other cryptocurrencies.” He noted that kind of infrastructue is intended to make sure that decentralized apps like DeFi work correctly on the blockchain.

Speaking about Shelley, Hoskinson stated that Cardano’s development team is moving forward on the next network update. In addition he mentioned that the reported bugs’ number in the Shelley testnet has significantly reduced during the previous month. At the same time, the software stability has increased.

It is worth noting that recently there were several reports that Cardano’s Shelley update will be postponed because of the coronavirus pandemic. However, Hoskinson denied the news on Twitter.


To find out more information and detail about Cardano & ADA price, take a look at Cardano Price updates and Cardano Price Predictions to be aware of the crypto market movements.

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Sunday, March 15, 2020

COVID-19: Get Masks, Gloves, Emergency Items for Crypto Online

COVID-19: Get Masks, Gloves, Emergency Items for Crypto Online

 

With COVID-19 spreading around the globe, critical items for preventing infection like surgical masks become more and more difficult to find and costly to purchase. Reusable masks are even more expensive, however, they provide an alternative solution.

As an alternative to crowded shops that better avoid nowadays, there are online stores you can purchase all the necessary items. One of them is Greenbelt Outdoors marketplace. As the website states:

“Our current focus is sourcing N95 masks and respirators where we can for potential protection against the coronavirus (COVID-19). We are working with suppliers for preparation for ‘SHTF’ potential scenarios.”

Greenbelt Outdoors accepts payments with Bitcoin, Bitcoin Cash, Ethereum as well as Ripple through Bitpay. It also supports lots of fiat options including Paypal and credit cards. At present, the marketplace provides some makes of non-disposable masks with activated carbon filters and washable masks that provide respiratory protection at discounted prices.

Another marketplace accepting cryptocurrency payments is Survival Camping Store. This platform provides a broad range of items for emergency situations, including survival tools, shelter, bedding and cooking products. Among other platforms are Spendabit, Spendbitcoins and Acceptbitcoin.cash.

 


Influenced by Coronavirus, crypto market and Bitcoin keep collapsing. To stay up to date with the latest Bitcoin Price changes and crypto market movements, check out Bitcoin (BTC) Price Predictions.

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Saturday, March 14, 2020

Bank of England Considers Introduction of a Digital Currency

Bank of England Considers Introduction of a Digital Currency

 

The Bank of England considers the possibility to launch a digital currency in the United Kingdom for use by organizations and consumers.

The new currency is believed to be a digital form of central bank money and could be used by organizations and customers to make various payments. Digital money is not supposed to replace paper banknotes and physical cash but would be used along with them.

As Governor Mark Carney said, the Bank should examine how digital currency could work, mentioning that now the world is in the middle of payments’ revolution.

Head of policy at Positive Money, David Clarke noted that with the cut of physical currency, “we risk surrendering even more power over our money and payments system to unaccountable private interests.” He also added that it’s the time for the government and Bank of England work jointly to research the advantages of a digital currency, as it can provide them the possibility “to keep a form of public money and enable democratic control to be exercised over the monetary system.”

However, the Bank hasn’t decided yet on whether to introduce a digital currency, and it is planning to engage with businesses as well as individuals on the advantages, risks and practicalities of doing so.

 

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To learn about the first digital currency, Bitcoin, stay up to date with the latest Bitcoin Price and cryptocurrency market movements, check out Bitcoin (BTC) Price Predictions.

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Friday, March 13, 2020

Kraken Integrates Traditional Forex Trading

Crypto exchange Kraken integrates traditional forex trading and 9 new fiat currency pairs are live starting from March 12, the exchange reported.

Users around the world (users are mostly from the United States) now have the possibility to use the crypto platform Kraken for direct trades between euros, United States and Canadian dollars, Japanese yen, pound sterling as well as Swiss francs.

The FX pairs available on Kraken are reported to be USD/CAD, USD/JPY, GBP/USD, USD/CHF, EUR/USD, EUR/CAD, EUR/JPY, EUR/CHF, EUR/GBP.

With this integration, Kraken becomes the 1st major cryptocurrency exchange to integrate traditional forex pairs. As the exchange notes: “This service is complete with industry-low order minimums, giving clients maximum precision and control over their strategies,”

With forex services, the crypto asset exchange provides its users the possibility to be “more agile and sophisticated” in the trading strategies they use.

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Bitcoin price is experience a drastic price drop, setting even $3,600 USD. To learn about the possible reasons, the provided potential and the right time to buy some BTC, as well as to stay up to date with the latest Bitcoin Price, crypto market movements and will altcoins follow Bitcoin in this up and down game, check out Bitcoin (BTC) Price Predictions.

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Tuesday, March 10, 2020

NEM Ventures Launches NEM Ignite Incubator

NEM Ventures Launches NEM Ignite Incubator

 

NEM Ventures has lately released a new project in order to provide financial assistance for early-stage blockchain projects.

The project that is called “NEM Ignite Incubator”, is intended to take new concepts and transform them into completely working businesses. As a result, it will strengthen its ecosystem as well as technology adoption.

As NEM Venture mentioned, with this new project they will support businesses at different stages of development, starting from the idea, to design, develop and promote their plans and implement their objectives. In addition, it is stated: “Acceptance into the program includes moderate financial assistance in the form of investment to help participants get started with pre-seed funding.”

Director & co-founder of NEM Ventures Dave Hodgson noted that NEM Ignite is designed to make sure that all the “companies that wish to build on the platform have the tools to best ensure their success.” In addition, he mentioned: “It represents an investment by the community in early stage companies who are building their future hand in hand with our ecosystem.”

NEM Ignite will be open to applicants from the 2nd quarter of the current year. At present, a beta group of pre-screened firms is being incubated in order to make sure that all the processes are working efficiently.

 


During the previous week, Litecoin price has decreased for over 9.16%. To learn more and stay up to date with LTC price and overall crypto market movements, check out Litecoin Price.

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Monday, March 9, 2020

Blackstone500 is a Crypto Trader’s Dream Come True

You can see the highest of highs and the lowest of lows in the world of crypto currency trading. It all depends on how prepared you are and how much patience you are willing to show to make the right move. There are also tons of other factors that determine the success of a crypto currency trader on a trading platform. That being said, if you are new to crypto currency trading, you might be wondering what the hype is all about. What’s wrong with doing a regular job and earning a consistent income? Well, the answer to your question is quite simple actually. There is nothing wrong with earning a consistent income, but don’t you want more. Especially when you can earn a sizeable sum of money without even going to an office? Sounds like a great idea. In fact a large number of people work regular jobs by day and do some crypto currency trading by night. Most of these people earn a decent some of money on top of their regular salaries. Who would want to pass on that? You can do that too as all you will need to do to get started is learn some basics regarding how crypto currencies work. Do not just limit yourself to bitcoins. Sure they are a good place to start but there are tons of other options, some of which can easily topple bitcoin in the near future.

In case you do not know, crypto currency trading has changed the financial lives of a large number of people. Some years ago, there was a crypto boom. During this time, very few people knew about what crypto currencies are, and even the ones who knew about them thought that they were a scam. How wrong they were proven. Once people started to notice that crypto currency trading and investing is a profitable game, they left all of their biases behind and started entering the wide world of crypto currency trading. If you happen to be someone who is interested in crypto currency trading you might be wondering where to get started. Well, the process is quite simple. First of all, you have to make up your mind whether it is something that you are really looking forward to doing. Once you make up your mind, waste no time and select a crypto currency that you would prefer to trade with. If you do not have an idea what to choose, you can always listen to what the industry experts have to say. In addition you can also check which crypto currency is the least unstable and the most profitable. As of now, Bitcoin and ethereum are among the best crypto currencies out there.

Some experts even say that ethereum could go on and topple bitcoin in the future. Whether that happens or not remains to be seen. One thing is for certain however – and that is, if you play your cars right and wait for opportune moments, you can gain a decent sum of money through crypto currency trading.

Why Blackstone500 Is Winning the Crypto Broker Race

There are a plethora of crypto brokers out there. So much so that sometimes it can become really difficult to find out which one would suit your needs the most. Sometimes people tend to lean towards brokers that might seem to offer a good variety of functions and features only to later discover that their interface is incomplete. Sometimes people even get robbed off their money from unsuspecting brokers. Their sole purpose for being there is to scam people and deprive them of their investments. Knowing things like these, people show a lot of hesitation when choosing a crypto currency broker. Some of them even lean towards the fanciest option they can find. This is particularly true for new brokers. However, you can easily avoid this problem by choosing a broker that thousands of people rely upon, and that broker is Blackstone500. No matter which part of the world you belong to, you can easily get access to Blackstone500. Therefore, there is no need to be concerned about whether your particular country has an official crypto currency exchange or not. Instead, just sign up for an account with this broker and get your crypto currency trading and investing journey started. It is really that simple. On top of that blackstone500 has a complete cryptocurrency trading interface, something that you cannot say about most of the crypto currency trading platforms out there. They might seem that they offer everything, but upon further inspection you will notice that something or the other is missing. All of these things combine to make Blackstone500 easily the best crypto broker out there. It is simple, convenient, user friendly and has a lot to offer to its users. Let us take a look at a couple of factors that prove why Blackstone500 is winning the race of the best crypto currency trader.

Protecting Your Assets

You may have come across a large number of crypto currency trading platforms that are not secure. This is all too common these days as hackers have become quite sophisticated and know about various techniques that help them to get access to even the safest of online spaces. The Blackstone500 trading platform however was designed with two things in mind, these two things were – convenience for the user and safety and security of the highest order. Both of these things combine to make this broker the safest out there. Once you provide your information and make deposit your money, you do not need to worry about anything regarding security. It is as tight as it gets and promises to keep your info and investments secure. It is only released when you ask for it.

Bottom Line

With Blackstone500, profits are virtually a guarantee as long as you pick the right moment to cash in. The functions and features are tailor made to benefit you, what more you can ask from a crypto currency broker.

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Sunday, March 8, 2020

Nippon Express Develops Blockchain-based Transport Network

Nippon Express Develops Blockchain-based Transport Network

 

Nippon Express partners with Accenture and Intel Japan to develop a transport network based on blockchain technology, Nikkei newspaper writes.

The Japanese logistics company has an intention to invest around 1 billion USD into a new transportation system for pharmaceuticals, which is planned to be developed next year. Nippon Express aims to design its own line of drugs starting in 2021, requiring products’ live tracking through warehouses and status updates for quality control teams.

Accenture, an Irish-domiciled multinational professional services company, is going to develop a sensors’ system to check products’ temperature on trucks as well as in warehouses. Apart from this, Intel Japan will provide radio-frequency identification tags in order to track shipments’ location.

Together, these sensors’ system and radio-frequency identification tags (RFID) will provide manufacturers, wholesalers, and medical institutions the possibility to track the pharmaceutical development process live with the usage of blockchain technology.

(RFID) tags and sensors will be installed throughout Nippon Express factories, warehouses, and trucks: from the import of raw materials and products to delivery at medical institutions. Data will be uploaded to the blockchain and will provide the condition, position, and status of every single shipment.

 

To learn about Stellar Lumens as well as its price, have a look at XLM Price updates, and Stellar Lumen (XLM) Price Predictions to stay up to date with the latest price and crypto market movements.

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Boeing Uses Blockchain Platform GoDirect to Track Airplane Parts

Boeing Uses Blockchain Platform GoDirect to Track Airplane Parts

 

Boeing cooperates with Honeywell International Inc., an American international aerospace conglomerate, to utilize its GoDirect platform in order to track and sell $1 billion worth of excess airplane parts with the usage of the blockchain technology.

The sides have revealed the cooperation at the Hyperledger Global Forum 2020 in Arizona, United States. The general manager of Honeywell Lisa Butters reported that both sides were uploaded to the GoDirect Trade marketplace previous weekend.

Traditionally, the aviation industry has relied on paper certificates that relate to every single part, their original manufacturer and present safety standards. The documents also have to be physically transferred between lots of locations, which does not allow aviation parts’ market to develop online as a result of forgery issues.

Therefore, GoDirect Trade strives to open the aviation parts industry up to digital commerce. Lisa Butters claims that in its 1st year, GoDirect Trade facilitated $7 million in sales and she believes that this number will triple by the end of the current year. There are already around 6500 registered GoDirect users from over 2400 companies.

 

To learn about the first and most popular crypto coin, Bitcoin, and to stay up to date with the latest Bitcoin Price and crypto markets’ movements check Bitcoin (BTC) Price Predictions.

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Friday, March 6, 2020

Ripple and Bitso Partner to Provide Friction-Free Exchange

Mexico’s 1st BTC exchange Bitso’s Head of Finance Bárbara González Briseño spoke about how Ripple and Bitso partner, and how it helped the company to deliver friction-free exchange.

Bitcoin with Mexican Peso trading providing platform, Bitso is considered the largest exchange in Latin America nowadays. As Ripple’s official website states, Bitso has the largest liquidity of Mexican pesos in the world, adding: “We’re MoneyGram’s key exchange partner for remittances into Mexico,” Briseño said.

In the end of 2018, the partnership between Ripple and Bitso got started in order to solve the issue of high-priced and slow cross-border transfers from the United States to Mexico. As a result, the platform is able to convert the United States Dollars into crypto asset XRP, then send the XRP via Bitso’s banking partners where it’s exchanged for Mexican pesos within less than a minute by using On-Demand Liquidity (ODL) service of RippleNet.

With Briseño’s words the transaction happens immediately and it’s much more economical. She added: “Since July 2019, we have seen a major increase in adoption and the volume of transfers we’re facilitating.”

A regular bank transfer generally costs 5 times more than what Bitso’s partners now pay when they exchange using ODL. As this fully changes the way of working capital management by businesses, Briseño is sure that it can become a turning point for them.

 

To find out more about Ripple, check out Ripple XRP news today, as well as stay up to date with Ripple price and crypto market movements, check Ripple (XRP) Price Predictions.

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Tuesday, March 3, 2020

More than 7,000 Crypto ATMs in the World

There are already more than 7,000 crypto ATMs in 75 different countries around the world.

At the moment (4 Feb), CoinATMRadar listed 7,040 crypto ATMs in existence. Besides Bitcoin, altcoins such as Ether, Litecoin, Monero, Bitcoin Cash, Zcash, etc. hosting machines are also included in this number.

It is worth noting that 68.9% of crypto ATMs (4,853) are installed in the United States. With the number of installed crypto ATMs, next comes Canada with 10% (706), and United Kingdom 4% (282). In total, 79.5% (5,599) of all ATMs have been installed in North America, and 17.4% (1,223) in Europe (Find the complete chart of crypto ATM distribution by continents and countries here: https://coinatmradar.com/charts/geo-distribution/).

At the present time, 42 various manufacturers provide the existing more than 7,000 Bitcoin ATMs worldwide, from which Genesis Coin provides machines in 2,360 locations, and General Bytes in 2,207 locations.

Crypto ATMs are one of the fastest and easiest ways to purchase and sell Bitcoin as well as several altcoins. The first Bitcoin ATM was launched in 2013, when Robocoin placed a machine in a Vancouver coffee shop. Already during the first day of its launch there have been operations of $10,000 in BTC.

To learn more about the first and most popular crypto coin and to stay up to date with the latest Bitcoin Price and crypto markets’ movements check Bitcoin (BTC) Price Predictions.

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Uranium One and Insolar Cooperate to Project a Blockchain-Based Solution

Uranium One and Insolar Cooperate to Project a Blockchain-Based Solution for Uranium Markets

 

Leading uranium producer Uranium One cooperates with startup Insolar to project a blockchain-based solution for uranium and energy markets.

This cooperation has an intention to focus on the uranium production and distribution improvement, as the industry deals that have multiple parts are still conducted by “using paper and pencil.”

Both companies consider the blockchain integration into uranium producers’ internal processes as a way to make uranium supply chains more transparent. Uranium One believes that blockchain will improve the security, observance as well as reliability in this sphere.

Parties have already discussed a pilot program for the project and it can be launched later this year, and the complete project is expected to be launched next year, Cointelegraph reports.

In addition, Insolar is intended to research blockchain for iron ore. The startup’s DLT-based platform could reduce the over-the-counter deal cycle from months to weeks also decreasing transaction costs by 40%, which is equal billions of dollars per year.

Insolar underlined the need for a decentralized system for parties where no single party exercises control.

Other companies in the minerals trading sphere have also examined blockchain’s capabilities to reduce third parties, saving money as well as time on deals. A recent cooperation between IBM and firm MineHub Technologies will design a blockchain-based solution to streamline supply chain management in the mining and metals industry.

 

Bitcoin has started a new growth way. Learn about the first and most popular crypto coin and stay up to date with the latest Bitcoin Price and crypto markets’ movements by checking Bitcoin (BTC) Price Predictions.

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Sunday, March 1, 2020

ESCROW WALLET 500 MLN XRP UNLOCKED

Today, on the first day of spring, from the Ripple Escrow Wallet 500 million Ripple digital currencies were unlocked that were estimated to be around 115 million USD. However, we still do not know how this will translate to the XRP price changes. In the last quarter of last year, the number of sold XRP coins was the least in the last couple of years.

In the official report, Ripple decreased the sales of the digital asset and made the decision to focus on sales with a small number of partners, who are increasing the use and liquidity of the digital currency in regions such as Asia, Europe as well as Africa. The XRP coins that were unlocked from the Escrow Wallet can be sold by Ripple in a crypto asset exchange, distribute the coins to its partners or keep it for some time. According to market data, the correlation between the price movements of XRP and the traffic of the coins from the Escrow Wallet.

The news of Ripple unlocking 500 million XRP assets was announced by a crypto news outlet, Whale Alert, on Twitter. Another 500 million coins were unlocked at the beginning of last month. After that, in a span of a week, the price of the digital currency increased by 18 percent. This shows that the coins released from the wallet were not sold in large amounts. However, it is also possible that the price rise of XRP was a correlation with the Bitcoin price going from 8,000-10,500 USD. Yet, the movement of XRP funds from the wallet does not have a lot of direct influence on the currency’s price shifts.

 

XRP is taking over the financial system both in the crypto and traditional markets. To learn more information on Ripple & XRP price shifts, check out Ripple Price updates and Ripple (XRP) Price Predictions.

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