BLOCKCHAIN

Overstock Plots Global Expansion for Blockchain-Based Agritech Platform

[ad_1] Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain.Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont — with GrainChain set to transition from HyperLedger Fabric to Symbiont’s enterprise blockchain platform, Assembly.Medici is a shareholder in both GrainChain and Symbiont.Medici Ventures plots global expansion of GrainChainGrainChain seeks
Business

Bitcoins on the Move — Is BTC Price Inversely Correlated to Mempool Size?

[ad_1] After making a strong recovery from $3,775 to $6,450, Bitcoin’s (BTC) price has traded in a tight range which has seen the price struggle to push above resistance at $6,400 and $6,850. Despite the current pullback, technical indicators like the Stock-to-Flow model and the network’s consistent growth in hash rate show that investors have regained a small amount of confidence.Another factor worth considering is Bitcoin’s mempool size as it
BLOCKCHAIN

Overview of Software Wallets, the Easy Way to Store Crypto

[ad_1] Similar to a bank account for fiat currency, a crypto wallet is a personal interface for a cryptocurrency network that provides reliable storage and enables transactions. Whether a cryptocurrency is securely stored or not, much depends on the wallet, which is only as secure as its private keys.Wallets are generally either hot or cold. The funds in a hot wallet can be spent at any time, online. A cold
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400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020

[ad_1] San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It 400 VIP
BLOCKCHAIN

Will China Launch its Blockchain Service Network Amid the COVID-19 Pandemic?

[ad_1] Numerous cryptocurrency media outlets have published recent reports asserting that China’s Blockchain Service Network will launch in April 2020.However, these predictions appear to be based on local reports published prior to China’s first official fatality resulting from COVID-19.China’s Blockchain Service Network commences testing in October 2019On October 15, 2019, Chinese state-operated media outlet, Xinhua news, reported that the country’s Blockchain Service Network, or BSN, had commenced testing. The project’s
BLOCKCHAIN

Do Video Games Subconsciously Teach Users Crypto Economics?

[ad_1] The underlying premise of many video games might actually give people a core understanding of economics, especially in the crypto space.“As a kid, I played a lot of RuneScape,” crypto YouTuber and programmer Ivan on Tech said in a March 28 video.RuneScape is a medieval era fantasy game in which players interact with other live players, completing journeys, buying, selling, and trading various tools and materials, as well as
Business

Binance Removes FTX Tokens Citing Confusion

[ad_1] Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product.“Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March 28. Binance will shut off deposits and withdrawals for the assets on March 31 at 8
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US Lawmaker Claims Stimulus Bill Bolsters Fed Secrecy, Pork Funds, and Wall Street Bailouts

[ad_1] On Friday, U.S. bureaucrats passed the 2020 stimulus bill, which has become the largest cash injection package ever created by the federal government. However, following the bill making it through the Senate and House, Republican representative Thomas Massie told the public the stimulus bill bolsters a shroud of secrecy surrounding the Federal Reserve. Moreover, within the depths of the bill’s 880 pages, there’s a $454 billion slush fund available
Business

Malta Denies Two Crypto Exchanges Have License to Operate

[ad_1] The Malta Financial Services Authority, or MFSA, has issued an alert on March 25 about two crypto exchanges that do not have licenses to operate, nor are they regulated in the country.COINMALEX and Crypto Foxtrades are the exchanges that the country’s financial watchdog alluded to in the statement, as both companies claimed on their websites that they had the necessary regulations and licenses to operate.Crypto Foxtrades claimed that they
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Can Bitcoin Rally Next Week? Skeptical Analyst Throws Light

[ad_1] A number of signals continue to tie Bitcoin to the present global economic crisis. Although the flagship cryptocurrency has shown stability over the past few days, some analysts now see more price drops ahead.  Global Stock Market Will Impact Bitcoin Josh Rager has posted a chart showing that the S&P 500 (SPX) has dropped below its 200 weeks moving average for the first time since the 2008 financial crisis.