Cryptocurrency Analysis and News Portal
On Jan. 6 at The Consumer Electronics Show in Las Vegas, IBM and Farmer Connect – an organization committed to increasing transparency and sustainability in agriculture supply chains – demoed a blockchain-based app that allows consumers to learn about the coffee beans they purchase.Founder and president of Farmer Connect,
Read More
A misguided euphoria rising from the “phase one deal” between the US and China could help bitcoin becoming one of the most profitable investments in 2020.The offbeat asset has been pursuing a flat trajectory ever since Washington and Beijing reached an initial agreement. It spent its entire December in a
Read More
The major US-based cryptocurrency exchange Kraken, has released an official announcement about the acquisition of Circle Trade, an over the counter (OTC) digital asset trading platform, in a notice posted on 17th December.Kraken shared that the company’s OTC desk that is being run by the Wall Street expert Nelson Minier,
Read More
Banks involved in this month’s trial included Dutch bank ABN AMRO, Mexican bank Banorte, Boston-based Citizens Bank, Frankfurt-based Commerzbank, Hong-Kong based Bank of East Asia and the Saudi British Bank. Other corporations involved included BMW, Saudi Arabia-based International Islamic Trade Finance Corporation, financial services institute SüdFactoring (subsidiary of German bank
Read More
So-called safe-haven asset bitcoin appears mum as Trump hints an optimistic “phase one” deal with China and Boris Johnson wins the U.K. parliamentary election.The cryptocurrency risks more declines due to prevailing bearish bias.Strong technical support could send the price back towards $7,500-8,500 area.Bitcoin slipped towards $7,000 this weekend as signs
Read More
Distributed ledger technology, colloquially termed “blockchain,” is making a bold promise to help bring the trade industry into the digital age. To help shed light on the intricate workings of the technology and the role that it is playing in the international trade industry, Trade Finance Global partnered up
Read More
Blockchain will continue to see major investment from China’s Hainan Free Trade Zone (FTZ) with new funds fostering local businesses.As local English-language news outlet Xinhua Net reported on Dec. 5, Hainan’s dedicated economic pilot zone has pledged to boost the role blockchain tech plays in the local economy. Free Trade
Read More
Bakkt is easily one of the most interesting platforms in the crypto market. Operated by the Atlanta-based Intercontinental Exchange (ICE), the platform is designed to push Bitcoin much deeper into mainstream adoption, by offering physically settled Bitcoin futures contracts. Bakkt initially had a very disappointing start, making many believe it
Read More
Binance, the world’s largest crypto exchange, revealed on Wednesday that the ninth initial exchange offering on the Binance Launchpad will be TROY TRADE, a global brokerage platform. The upcoming launch was announced by Binance on 25th November, It marks another significant milestone and the apogee of the team’s many accomplishments
Read More
Ripple price is trading nicely above the $0.2200 and $0.2180 support levels against the US dollar.The price is likely to accelerate gains if it breaks the $0.2300 resistance area.There is a new connecting bullish trend line forming with support near $0.2190 on the hourly chart of the XRP/USD pair (data
Read More