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 largePowered by WPeMatico
I had the opportunity to sit down with blockchain expert and entrepreneur Justin Wu, who is the Head of Growth and brilliant mind behind CoinCircle. Wu is also a strategic advisor to some of the industry’s top ICOs, and explained the importance of putting together an advisory board and utilizing these advisors when entering the crypto space. If there’s one thing you need to know, it’s that most of these ventures are based on a promise to deliver. “A whitepaper, in its most form, is a concept and idea, nothing more,” says Wu. Most of these guys haven’t built the utility
The year 2018 started out great for cryptocurrencies. With most cryptos trading at record highs and awareness rising by the day, the world was coming to terms with this industry. However, things began to take a free fall in late January, and the market hasn’t recovered since. The factors contributing to this downward spiral have been many, but none have driven down the cryptocurrency universe like uncertainty regarding regulations from most regulatory bodies across the world. THE ASIAN FACTOR Asia’s significance to the cryptocurrency world can’t be overstated. With some of the biggest exchanges in the world including Binance, Bithumb, Upbit, Huobi, OKEx
Word of mouth sent cryptocurrency investment to an all-time high at the end of last year, and Coinbase capitalized on it big time. As one of the easier sites on which to start buying crypto, it should come as no surprise that Coinbase was the platform of choice for thousands of new investors. Coinbase experienced a surge of investors like never before last winter, taking in 43% of its annual revenue in December alone. What’s the story behind this rise, and how will Coinbase remain competitive with Robinhood and other platforms? Why Coinbase? Coinbase has remained one of the more popular platforms for buying digital assets such as Bitcoin, Ethereum and
Agrello is making smart contracts legally binding. This will be done by getting the interested counterparties to fill simple forms which will be converted into smart contracts by the AI bot developed by Agrello. This smart contract will be brought under the legal ambit by a legal document, generated by an AI bot, and will be signed digitally by the counterparties. Disclosure: This is a Sponsored Article They have already conducted their ICO and their token, DLT is listed on various exchanges such as Binance, HitBTC, YoBit, EtherDelta, Mercatox, Right BTC, etc for trading. This technical analysis is based on
It’s alt season, y’all. Since the Christmas Crash took place back on December 22, Bitcoin has struggled to regain its former prominence. Crypto’s flagship coin has sputtered in price and lost a significant chunk of its market share, all while the rest of the market has continued a healthy growth pattern after the pre-Christmas dip. Ringing in the New Year on a High Note It’s not very often that you see Bitcoin stagnate while the rest of the market is going up. Not even a month ago, analysts were making starry-eyed speculations about Bitcoin’s future, many confident in a US$15,000 valuation by year’s end.
Mohammed A. El-Erian and Roger McNamee are in agreement: as we enter the new year, the Bitcoin market is at a critical point in its development. In separate articles, both financial experts expressed their beliefs that, following a meteoric rise in 2017, the near future will define how history views Bitcoin in hindsight. Time for a New Paradigm? “ the waning days of 2017,” Mohammed A. El-Erian writes in an op-ed for Bloomberg, Bitcoin’s “market is at a crucial juncture.” A chief economic adviser at Allianz, El-Erian argues that “the market finds itself at an important juncture – perhaps even a
The cryptocurrency markets are treading water right now. Bitcoin has continued its downtrend, slipping even closer to the US$10,000 mark. And with a few exceptions, the other markets are following at its heels, as portfolios the world over are turning red. On the Come-Down Plenty of folks, especially here in the States, went to bed with the unpleasant knowledge that Bitcoin was struggling to retake US$14,000. Well, king crypto has slouched even lower on his throne, sitting at US$12,766 at the time of writing. This price puts it about US$700 away from reaching the floor on which it bottomed out during last week’s
The overall cryptocurrency market seems to have stabilized after a correction that lowered its total capitalization to below US$450 billion last week. That said, the market has yet to convincingly bounce back to pre-correction levels, as its market cap continues to drift between US$500 billion and US$600 billion. The Bears are Back November and December saw record highs across most cryptocurrency markets. The total market cap increased a staggering US$350 billion from the beginning of November to its December peak, and top 10 coins repeatedly hit new all-time highs over the course of this latest market run-up. Nothing lasts forever, however, and these fortunes faded almost as quickly