It seems the overall cryptocurrency price uptrend is not slowing down by any means. That in itself is a big surprise, although it is a welcome sight overall. Some currencies remain extremely bullish during this time, whereas others content with small to medium gains. For The Bitcoin Cash price, the momentum is firmly in place. How High can the Bitcoin Cash Price go? Whereas there was seemingly no bottom in sight for most cryptocurrencies just a week or two ago, it seems there is a complete 180-degree turn in terms of momentum. With the way things are looking right now,Powered by WPeMatico
Prior to the explosion of the cryptocurrency sphere as a whole in 2017, most new projects launched in the absence of initial coin offerings. While this funding method has become the norm throughout the community, it has done so in the presence of massive controversy in regards to the ethics and legitimacy of the ICO model. While it seems as if every upcoming project involves such a crowdsale, it’s important to recognize that there are legitimate ventures operating sans ICOs. Here are four to check out: 1. Market Protocol (MKT) The team behind Market Protocol is working to develop a decentralized derivatives exchange – the
As we begin to enter into Industry 4.0, we are leaving old technology, business practices, and markets behind. The digital age has allowed the commodities industry to use the most complex machinery ever made, handling the toughest minerals in the toughest conditions. However, many of the industry’s commercial aspects remain stuck in the Stone Age due to convoluted, archaic systems which feature middlemen and a general lack of transparency. Smelting Out The Issues These archaic practices are a hindrance to both buyers and sellers in the industry, as true pricing is sometimes hard to determine, while commodity traders (middlemen) are making increasingly large
A lot of different goals can be achieved through digital currencies, blockchain technology, and innovation. In the case of the Brave browser, a lot of positive changes are happening as we speak. For this team, it is of the utmost importance to get as many partners on board as possible. The latest company to do so is none other than the Dow Jones Media Group. A Major Partnership for the Brave Team While the concept of Brave seemingly makes a lot of sense to consumers, website owners are not necessarily convinced this business model will work out in the long run.
Everyone has their own opinion on cryptocurrency. While that is a good thing, one also has to point out that some people are completely wrong in their assessments. For instance, Richard Bernstein claims cryptocurrencies are nothing more than “Candy Crush tokens” and have no inherent value. That is a remarkable stance and one that clearly shows a bias against cryptocurrencies in general. Richard Bernstein Doesn’t Like Cryptocurrencies There are quite a few financial experts who do not like cryptocurrencies all that much. No big surprise there, as cryptocurrencies pose a major threat to the traditional financial system as we know it
It has become more than apparent that there will always be risks associated with initial coin offerings. If the recent Savedroid debacle is any indication, determining the truth amidst a sea of FUD and misinformation will continue to be a challenge. Even so, there are a lot of concerns over this particular project, as its CEO may have run off with $50 million in funding. The Savedroid Plot Thickens Anyone who has kept an eye on the news over the past few days will have noticed that the Savedroid ICO has attracted a fair bit of attention. This German company raised $50 million during
Over the past few months, there has been a lot of concern over the fact that central banks may begin issuing their own digital currencies. On paper, such a trend makes perfect sense, even though the reality may turn out to be very different. The Bank of Japan is putting its native digital currency plans on the back-burner, which is a positive development for the cryptocurrency industry as a whole. No Bank of Japan-Issued Digital Currency Central banks play a critical role in the world of finance. These institutions control the ebb and flow of the monetary supply in their respective
Law enforcement agencies are showing great interest in Bitcoin users as of right now. They mainly intend to crack down on illicit activities taking place in the world of cryptocurrency. It now appears Amazon is preparing to enter this space as well, as the company recently received a patent to “identity Bitcoin users”. It’s an intriguing development well worth keeping an eye on. Amazon and Bitcoin Tracking The blockchain analysis business continues to grow. Various companies are active in this space as of right now, including the likes of Chainalysis and BitFury Group. It makes perfect sense for those firms to
It does not happen all that often that cryptocurrency projects quickly raise over $100 million. Although we have seen a literal ICO craze, Intangible Labs is doing things the traditional way. Rather than rely on crowdfunding, the company has raised $133 million from private investors. This is a pretty significant deal for the Princeton University graduate-led venture. What Exactly is Intangible Labs? While it is commendable to see Princeton graduates show a keen interest in cryptocurrency, most people will not know the name Intangible Labs. That is not surprising, as not too much is known about this particular venture at this time.
A lot of things are happening in the world of cryptocurrency as we speak. With pretty solid gains over the past few days, it has become evident this momentum will not slow down anytime soon. In fact, the daily gains are getting bigger and better, especially where the XRP price is concerned. Despite all of the hate for this currency among cryptocurrency users, the value per XRP has risen to $0.875 once again. XRP Price Surpasses $0.85 It was only yesterday we saw the XRP price blaze past $0.7 for the first time in a few weeks. Whereas most of