Business

BitMEX CEO Expects Investors to Follow Paul Tudor Jones’ Move to Bitcoin

[ad_1] Paul Tudor Jones, a legendary hedge fund investor, triggered massive excitement in crypto markets yesterday by revealing that Bitcoin (BTC) is part of his portfolio. Traders and industry players like BitMEX’s CEO expect that the move will bring more big investors to the market.Arthur Hayes, CEO of the world’s second largest crypto exchange, BitMEX, says that Jones has just removed career risk from investing in cryptos like Bitcoin. “Expect
BLOCKCHAIN

South Korea to Develop an Identity Platform on the Blockchain for Autonomous Vehicles

[ad_1] The government of South Korea’s planned city Sejong — which is the country’s testing ground for major smart city solutions — announced Friday that it will be establishing a blockchain-based platform for storing and verifying the digital identities of self-driving vehicles.An Asian news outlet, Aju Business Daily, reported that South Korea’s Ministry of Science and ICT along with the country’s internet technology watchdog, Korea Internet & Security Agency, will
EXCHANGES

The Same Signal That Preceded Bitcoin’s 2,000% Rally in 2017 Finally Returns

[ad_1] It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, after bottoming at $3,700 in the middle of March, has rallied over 170%. BTC, in fact recently crossed back above the ever-important $10,000 level. Yet top analysts have come to the consensus that the rally from the lows is just the start of a greater bull market for Bitcoin. Bitcoin Prints Same Signal That Preceded 2,000% Rally While
BLOCKCHAIN

Blockchain Jobs Are the Highest Paying Tech Roles in the UK

[ad_1] Digital lender, Capital on Tap, released figures that reveal Blockchain-related jobs offer the highest-paying salaries among all disruptive technology businesses in the UK.According to the UK-based firm, Blockchain has an average annual salary of GBP 75,000 (around $93041 USD). They also showed that the industry provides 544 permanent jobs throughout the country.The study highlights that disruptive technology is becoming an emerging force that is adhering to all industries, from
Business

Catastrophic Disruption or Healthy Rebalancing? How The Halving Will Impact Miners

[ad_1] With Bitcoin (BTC) block rewards expected to halve during the early hours of May 12, many analysts are starting to weigh in on what the event will mean for the crypto markets and mining community.Cointelegraph spoke to three analysts to get their unique takes on whether the halving is likely to comprise a “healthy rebalance”, or a catalyst for migrating hash power and rising fees. Analysts discuss impacts of halving
EXCHANGES

This Bitcoin Open Interest Trend Signals that There is Massive Room to Rally

[ad_1] Bitcoin is once again attempting to establish a firm foothold within the five-figure price region following the slight rejection it saw overnight The cryptocurrency’s current upwards momentum is showing major signs of being far more sustainable than that seen during previous months and years One economist is now noting that the lack of leverage seen during this movement signals BTC has further room to run Bitcoin is once again
BLOCKCHAIN

China’s Blockchain Love Affair Continues With New Financial Pilot

[ad_1] Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on May 8.According to the local newspaper, Hainan Daily, the central government approved the initiative, allowing banks to provide loans to companies that look to export their products abroad.The measure seeks to reduce the bureaucracy of customs procedures, in addition to reducing the number of
Business

Former Google Analytics Advocate Bashes Crypto Space

[ad_1] In the midst of rising prices, Adam Singer showed his disapproval of the entire crypto space, describing it as cult-like. "Bitcoin went from a creative economic experiment to cult of over exposed, get rich quick neo goldbugs rooting for the end of the world," Singer tweeted on May 7.Everyone is "watching the same chart 24/7 and taking online victory laps that would make Jordan Belfort blush every time their only
EXCHANGES

Cointext CTO Reveals a New Protocol That Aims to Bolster a Censorship-Resistant Economy for Bitcoin Cash

[ad_1] On May 7, the Cointext CTO and cofounder of Countermarkets, Vin Armani revealed a new project he’s been working on called “Signal, Watch, and Pay Protocol” (SWaP). Armani’s published specification and reference code of SWaP indicates that the platform allows “onchain, peer-to-peer negotiation and execution of ‘collaborative transactions.’” SWaP: Onchain, Trustless, and Collaborative Transactions Vin Armani is well known for his free market views and he’s also the chief
Business

Five Things to Do Other Than Worry About Coronavirus and Bitcoin Price

[ad_1] Let’s face it: Whether you’re an avid crypto enthusiast or just mildly interested in this blooming industry, chances are you’ve read, seen or heard more stories about the coronavirus and the Bitcoin (BTC) halving than you’d probably like to. In all fairness, the coronavirus led to the world has collectively agreeing to press pause in an unprecedented manner, so the fact that a global pandemic happens to be taking place