Bitcoin.com Update: Dev Fund Proposal ‘Will Not Go Through’ Without More Agreement
The BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement
Read MoreAnalyst: Bitcoin Dips Are Bought at a Remarkable Rate, Making $10k Imminent
Every bitcoin dip is being bought at a remarkable rate says top trader Filb Filb. The strong momentum of BTC above a key resistance level at $9,000 positions BTC for a potential upsurge to $10,000.Bitcoin is recovering at a faster pace than expectedIn October 2019, Filb Filb said in an
Read MoreDraft of India’s National DLT Strategy Calls for State-Run Digital Rupee
A draft of India’s national strategy on blockchain and distributed ledger technology suggests a central bank digital currency (CBDC), the digital Indian rupee, and a national blockchain.The National Institute for Smart Governance (NISG), a non-profit public body incorporated by the government of India, has published a draft document on
Read MoreIBM Awarded Patent for ‘Self-Aware Token’
IBM has received a U.S. patent for a type of "self-aware token" that can record its own transaction data. Awarded by the U.S. Patent Office on Jan. 7, the patent outlines a ledger-based payments system that could make it easier for individual users, businesses and governments to track and trace
Read MoreBitcoin Eclipses $9,100, And Data Shows Institutions Are Only Just Getting Started
Bitcoin was one of the few assets heading higher this week as fears about the Coronavirus outbreak led a steep fall in global markets.The benchmark cryptocurrency on Tuesday was up by 1.91 percent to trade near $9,066.21 per token in spot markets. At the same time, CME Futures linked to
Read MoreBitcoin Price Breaks over $9,000, Coronavirus Isn’t Only Influencing Factor
As per reports from Forbes on January 27, 2020, Bitcoin (BTC), the world’s largest cryptocurrency experienced a 5% rise, briefly climbing as high as $9,142.80 per Bitcoin on the Luxembourg-based BitStamp exchange before slightly falling back afterward. At the moment of writing, Bitcoin price is $9,017. However, this price still
Read MoreBitcoin Rallies to Near $9,150 as Stocks Drop Over Coronavirus Fears
Bitcoin is maintaining its upward trajectory as coronavirus-led risk aversion hits the traditional markets. The top cryptocurrency by market value crossed the 200-day moving average at $9,000 during Tuesday's Asian trading hours and rose to a high of $9,150, pushing the cumulative month-to-date gains to over 25 percent. At press time, bitcoin is
Read MoreOil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
Saudi Arabia’s state oil company, Saudi Aramco, has bought into the blockchain-based oil trading company Vakt, Reuters reports on Jan. 28.Saudi Aramco’s Energy Ventures branch has bought $5 million in new shares, according to Vakt’s press release. The investment will be used to develop the platform, with a focus
Read MoreBTC Price Back at $9,000 But No, Coronavirus Isn’t ‘Good for Bitcoin’
Bitcoin (BTC) may be gaining thanks to “economic fear” over coronavirus — but only up to a point, analysts are concluding as the disease spreads. The cryptocurrency hovered at around $9,000 on Tuesday, capping 4% gains for the week in which coronavirus sent China into partial lockdown. Coronavirus uncertainty creeps into
Read MoreOne of World’s Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment
The investment arm of one of the biggest firms in the world by revenue – oil giant Saudi Aramco – has made a $5 million investment in Vakt, a commodities post-trade processing platform based on blockchain tech.Announced in a press release Tuesday, Saudi Aramco Energy Ventures (SAEV) now joins 11
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