Cryptocurrency Analysis and News Portal
Alibaba’s exploration of blockchain technology has gone one step further, following the announcement that cloud computing arm Alibaba Cloud has officially launched its blockchain service, Yicai.com reported.According to Yi Li, senior software engineer and head of the company’s blockchain business, after extensive research, the company now believes that blockchain will be the “next
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Samsung SDS, the IT arm of tech giant Samsung, has developed BankSign, a blockchain-based certification tool for banks, according to an official announcement August 27. The development by Samsung SDS is a joint project with the Korea Federation of Banks (KFB). BankSign aims to provide a simple transaction method within
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Bitcoin Price Key HighlightsBitcoin price was previously consolidating inside a rising wedge and has just surged past the top.This signals that bulls are ready to charge and push price much higher from here.The wedge spans around $1,000 in height so the resulting move could be of the same size.Bitcoin price
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Regulatory uncertainty and trust are major barriers to blockchain adoption among businesses, according to a study released August 27 by ‘Big Four’ auditing firm PricewaterhouseCoopers (PwC). A new study entitled “Blockchain is here. What’s your next move?” conducted by PwC examined 600 executives in 15 countries on their development of
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Contrary to sentiment and upbeat expectation from within the crypto market, Ethereum is struggling against sellers. At spot prices, the second largest coin is down four percent. This is amid claims of discontentment by some developers that the Constantinople hard fork deadline and expectations are overwhelming—if not unrealistic.From the NewsIn
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The bear market in cryptocurrencies has punished investors who bought bitcoin at the height of cryptomania last year. But losses have been even more brutal for those who invested in once-promising rivals of bitcoin.Consider Bitcoin Cash, an offshoot of bitcoin that launched on August 1, 2017, which moves independently of
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Randi Zuckerberg, the elder sister of Facebook founder Mark Zuckerberg, has joined the advisory board of cryptocurrency exchange Huobi to develop Huobi’s new public blockchain, according to a recent press release. Zuckerberg, who worked at Facebook for over six years, is also the founder and CEO of Zuckerberg Media. Per
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It’s a ball park four percent gain in the altcoins market with IOTA spearheading the recovery with a 15 percent gain yesterday. Based on price action, we expect a continuation of yesterday’s greens and in that case positives in ADA, Stellar Lumens, IOTA, EOS and even the deep Litecoin which
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Chinese cryptocurrency exchange Huobi has reportedly acquired the controlling stock interest in Hong Kong-based Pantronics Holdings Ltd. through a backdoor listing deal, local news outlet JRJ.com reported August 27. A backdoor listing, which is also known as a reverse takeover or reverse Initial Public Offering (IPO), allows a privately held
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