Monthly Archives: February 2020

Binance Launchpad Reveals WazirX Sale Results

Binance Launchpad announced the results of the first token sale of the year, WazirX. Binance Launchpad, as the name suggests, is Binance’s token launch platform, which has just announced WazirX’s token sale results. It is the first token sale of this year.   According to a Feb. 4 press release from Binance, there were 10,000 winning tickets held by a total of 9,033 winners. More than 20,000 users participated to try to win the lottery. Eventually, more than 136,000 tickets were claimed. Chances of winning for all the […]

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Consensys Cuts Additional 14% of Staff, Aims to Split

Blockchain software company Consensys drops 14% more of its staff during a directional split. Blockchain software company Consensys let go of an additional chunk of its staff while splitting its focus in two separate directions.  Consensys cut its employee base down by 14%, the company announced on Feb. 4, according to a Reuters brief.   Headquartered in New York, Consensys has also decided to split the company. Part of the operation will continue in the software sector while the other part pursues investment endeavors, Reuters said.  More layoffs […]

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Traders Eyeing Next Key Support Zone if Bitcoin Price Goes Below $9K

All eyes are on Tesla stock price today as Bitcoin pulled back under $9,200 and appears to be entering a brief period of consolidation. Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all the way $9,530 for a strong monthly close.  Bitcoin daily price chart. Source: Coin360 This week all of the attention seems to be oriented towards Tesla, who’s stock traded around $250 in […]

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Fear Grips Stock Market Traders While Cryptocurrency Investors Become Greedy

The clash of two emotions, fear and greed, is said to determine investors’ sentiment. This ratio draws a historical picture of the market and it’s also an indicator of its future state. As an established trend, traditional investments such as stocks and digital assets like cryptocurrencies often move in opposite directions. The beginning of 2020 has provided another example of that. Also read: China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic S&P 500 Fear and Greed Index Slides Into Fear Territory Economic […]

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IOTA Focuses on Immediate Adoption with Chrysalis Upgrade

IOTA announced Chrysalis, an intermediate upgrade before the Coordicide that will add important features such as reusable addresses and IOTA-based tokens. The IOTA project unveiled on Feb. 3 a series of upgrades dubbed Chrysalis, an intermediate stage between now and the removal of the Coordinator. The upgrade introduces several important features, some of which change long-standing IOTA principles. Chrysalis, or IOTA 1.5, takes its name from the second stage in a caterpillar’s metamorphosis into a butterfly. It is specifically designed as an intermediate step before the “Coordicide,” […]

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ConsenSys Acquires SEC-Registered Broker-Dealer to Tokenize Bonds

ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems. ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems. Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s own broker-dealer, ConsenSys Digital Securities. ConsenSys’ blockchain-powered commerce and finance arm ConsenSys Codefi announced the news on Feb. 4. Heritage acquisition to bolster ConsenSys advisory and broker-dealer capabilities By purchasing Heritage, ConsenSys […]

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Blockchair Launches Release Monitor so You Will Never Miss Another Hard Fork or Core Client Update

It can be very hard to keep track of all the latest software upgrades in the crypto ecosystem, which is a crucial thing to do for developers of multi-coin projects such as wallets and exchanges. For this purpose, Blockchair​ has created a free ​release monitor​ that helps you follow upcoming hard forks and core client updates for a dozen different crypto networks. Also Read: Blockchair Feed Reveals Messages Encoded in the BCH, BTC and ETH Blockchains Blockchair Launches Free Release Monitor Blockchair is a search and analytics […]

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Can XRP Price Rally 180% Again if It Breaks 2-Year Downtrend?

XRP and XLM are following the path of other altcoins that recently broke above their long term downtrends with impressive double-digit gains. While many altcoins have been showing significant strength during the recent weeks, some have been lagging. One of these coins is XRP (XRP), which is still hovering around key support and has yet to show any upwards pressure recently.  Exactly what is keeping XRP pinned under the descending trendline? Let’s find out through the charts.  Crypto market daily performance. Source: Coin360 XRP/BTC faces a 2-year […]

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World Markets – Managed Trading Accounts

Trading in any market can be a difficult thing, especially if you lack technical knowledge. Luckily, there are services like managed investment accounts, where a professional does all the work for you. A managed investment account (or portfolio) can be defined as a set of assets that are given to a certain financial company, a broker or financial advisor, who are tasked with making all the investment decisions about the portfolio for you, and with the ultimate purpose of obtaining the best possible results. Managed trading accounts […]

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Winklevoss’ Crypto Exchange Gemini Partners with TradingView

Gemini, a crypto exchange founded by Tyler and Cameron Winklevoss, has added integration with major crypto charting service TradingView. Gemini, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has integrated popular trading chart analysis service TradingView. According to a TradingView’s announcement on Feb. 4, Gemini has added the trading service as a trading partner, allowing its institutional customers to trade or invest directly through TradingView. As part of the integration, Gemini is now listed in the TradingView’s Trading Panel as well as in the new Brokerage […]

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