Monthly Archives: February 2020

Crypto Goes IPO — Ripple Could Lead the Blockchain Industry’s Charge

Ripple IPO: Is CEO Garlinghouse’s hint at a public offering the tip of the iceberg? 2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos World Economic Forum summit to announce that the firm was considering an initial public offering later on in the year.  Crypto companies looking to go public face a paradox. Financial firms often […]

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Crypto’s Dotcom Era Begins as Handshake Launches Decentralized Domains

Handshake, one of the more original crypto projects to have spawned during the ICO era, has completed its long-awaited launch. The decentralized domains registrar, founded by MIT engineers, has spent the last year in stealth mode but is now opening up to the general public. The Handshake protocol, coupled with the Namebase registrar, enables users to search and bid on domain names in a transparent manner. In the coming weeks, hundreds of coveted top level domains such as /source and /dining will go up for auction, prompting […]

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ICE Announces Software Platform Acquisition for Upcoming Bakkt App

As part of its consumer app development, ICE’s Bakkt plans to acquire major software platform Bridge2 Solutions. The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt.  Bakkt’s app will host a bevy of assets, such as loyalty rewards from various businesses, as well as crypto assets, although the app will not be blockchain-based, a representative from Bakkt told Cointelegraph in a Feb. 5 email. The representative clarified […]

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Blockchain Charity Platform to Fight Against the Coronavirus Outbreak

A Chinese tech company is building a blockchain charity platform for fighting against the coronavirus outbreak. Hyperchain’s Feb. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China. The recent outbreak of coronavirus has killed more than 400 people in mainland China. The entire country and Chinese citizens overseas have been mobilized to donate. But doctors are still not getting enough crucial medical supplies. Red Cross […]

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Bitcoin Achieves Major Milestone With Half a Billion Transactions Confirmed

The Bitcoin blockchain has passed a milestone 500 million transactions confirmed. The Bitcoin network has surpassed 500 million transactions since going live over 11 years ago.  According to blockchain analytics site Statoshi, there have been half a billion transactions on the Bitcoin blockchain as of press time.  Source: Statoshi Crypto firm Casa CTO Jameson Lopp, co-founder & CTO site Statoshi celebrated the milestone on Twitter, saying: “Today, as of block 00000000000000000001145bf2e7cb7f04df55feaf3b55d9f6511522bbbf333f at height 616064, Bitcoin surpassed 500 million transactions confirmed on the blockchain.” From the First Bitcoin […]

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Price Analysis Feb 5: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ADA, XTZ

Bitcoin’s dominance continues to drop as altcoins outperform the largest cryptocurrency. Although Bitcoin has rallied about 33% year-to-date, its dominance has dipped to 64.40%,  its lowest level since July 2019. This shows that altcoins have continued to outperform Bitcoin. However, with the Bitcoin halving fast approaching, the digital asset’s volatility is likely to pick up. Tom Lee, co-founder at Fundstrat Global Advisors, has again turned ultra bullish on Bitcoin and expects a rally to about 200% in the next six months. According to him, historically, whenever Bitcoin […]

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US: IBM Leads Top Patent Assignees With Patents in AI and Blockchain

Tech giant IBM cemented its patent leadership in the U.S., with over 9,000 received patents, including in AI and blockchain, in 2019. Tech giant IBM cemented its patent leadership in the United States, with over 9,000 received patents, including in artificial intelligence (AI) and blockchain, in 2019. With the 9,626 patents secured, IBM became the company that received the most patents in the U.S.ever and the leader on the list for the 27th consecutive year, tech-focused media outlet Database Trends and Applications reported on Feb. 4. Of […]

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Bitcoin Price Surpasses $9,700 to Hit New 2020 High

Bitcoin price reverses course to break through key resistance levels as traders now set a path for $10K. Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745.  Bitcoin daily price chart. Source: Coin360 On Feb. 4, BTC price traded slightly below $9,200 as bulls fought to keep the asset from falling below the key support. Today, alongside increasing purchasing volume, Bitcoin completed the three white soldiers candlestick pattern, which is a bullish […]

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Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests

Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong and coronavirus outbreak have not affected his platform much. Also read: 41 German Banks Now Charge Negative Interest Rates Bitspark Closing Shop After 5 Years Hong Kong-based crypto exchange and remittance service provider Bitspark announced on Tuesday that it is shutting down […]

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Lightning Labs Secures $10M in Investments, Releases Beta of First Paid Product

Lightning Labs, the developer of the high-speed transaction protocol Lightning Network, has secured $10 million in Series A funding round. Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round. The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a blog post on Feb. 5. The company plans to allocate the raised funds to further development of the Lightning payments technology and scaling of its developer ecosystem. Release of Lighting Labs’s first […]

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