Monthly Archives: February 2020

Cloud Giant Microsoft Azure Embraces Commercial Blockchain

Microsoft is integrating Lition blockchain to its Azure cloud marketplace and continuing in leading the blockchain adoption among the major cloud providers. Lition, a commercial blockchain, announced on Feb. 18 that Microsoft has officially brought Lition blockchain solution to its Azure cloud marketplace.   This makes Lition one of the few public/private blockchains currently supported by a major cloud provider like Microsoft. Microsoft also became the first to bring blockchain to the cloud and continues to remain at the cutting edge of blockchain adoption. Enterprises worldwide to benefit […]

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Crypto Hedge Funds See Best January on Record

Crypto hedge funds see best January returns on record, a promising beginning to 2020. Crypto hedge funds that make up Eurekahedge’s index of crypto hedge funds have experienced a 21.15% return in January 2020.   Eurekahedge Crypto-Currency Hedge Fund Index 2017 vibes? This is not only the best January on record (the Index goes back to July 2013) but the first positive return for the month of January since 2017, when it posted a modest 4.85%. 2017 happened to be the most successful year for crypto hedge funds […]

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European Space Agency Funds Blockchain Project Recording Satellite Data

The European Space Agency, a major organization dedicated to space exploration, is funding a new blockchain project to boost the world’s mining industry. While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space. The European Space Agency (ESA), a major intergovernmental organization dedicated to space exploration, is funding a new blockchain project aiming to boost the world’s mining industry. A known contributor to blockchain technology applications, the ESA has now co-funded a joint project with […]

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Trump’s Proposed Budget Snubs Blockchain, Crypto in Crosshairs of Security Service

The Trump administration proposes boost to the Treasury’s capacity to police cryptocurrency space. Earlier this week, the word “cryptocurrency” made it to the text of one of the United States government’s most consequential strategic documents: the Trump administration’s budget proposal for the 2021 fiscal year. However, the budget does little to enhance blockchain-powered innovation, as it included no additional taxpayer dollars in funding. The premise for mentioning digital currencies was, in fact, quite the contrary: the need to step up measures against financial crimes. To that effect, the […]

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‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus

For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. The study cites the Federal Reserve’s stimulus is a direct effect of the rich getting richer, as the funds go directly to private banks and likely trickle down to the bubbling U.S. stock […]

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Is Bloomberg Looking to Take Yang’s Spot as the Crypto-Friendly Candidate?

Mike Bloomberg, a presidential hopeful and one of the richest men in the world, recognizes cryptocurrency as an “asset classâ€�. Former New York mayor and present-day Presidential candidate Mike Bloomberg seems to be snuggling up to the crypto community. In a proposal for financial reform released Feb. 18, the Democratic candidate not only wrote about cryptocurrency as an asset class, but also offered a regulatory framework for cryptocurrency in the U.S. That framework remains vague, running some 100 words in total, but it does represent a solid […]

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Chainlink and Tezos Extend Higher as Bitcoin Price Approaches $10K

Chainlink and Tezos target new-all time highs as Bitcoin price recovers to rally above $10,000. Lately, the best-performing assets have been Chainlink (LINK) and Tezos (XTZ), which is noteworthy considering this is lengthy bullish price action from large-cap cryptos other than Bitcoin (BTC) and Ether (ETH). Chainlink is up 165% since the start of this year, while Tezos made a 180% upwards move. These upward movements warrant an analysis of the charts. Crypto market daily performance. Source: Coin360 Tezos has one hurdle before a massive upward move […]

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Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading

Malta-based crypto exchange Tokenomica jumps on board the OTC trading ship, offering large traders another crypto harbor. Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants. The Meditarranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s order books, Tokenomica announced on its blog on Feb. 18.  The exchange’s announcement made clear that other cryptocurrencies would also be available for OTC trading but remained ambiguous as to other trading […]

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Bitcoin Price Reclaims $10K Reversing Weekend Losses, XTZ Soars 13%

Bitcoin price briefly reclaimed $10K after a bearish weekend which saw the creation of a new CME gap at $10,460. After a bearish weekend which saw Bitcoin (BTC) price drop 8.76% to $9,444, the price has again reclaimed the $10K mark. Prior to the breakout, the price was steadily moving upward, reclaiming the $9,800 support on increasing trading volume.  Over the weekend many traders expressed fear that a drop below $9,450 would solidify a bearish trend reversal but previous analysis by Cointelegraph suggested that a sharp retrace […]

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Why FOSS Development Is Crucial for Bitcoin’s Mainstream Acceptance

Crypto likes to see itself as disruptive, just as Apple disrupted mobile phones (and the camera), Tesla disrupted automotive (and also sustainable energy), Twitter/Facebook/WhatsApp disrupted media and communications (and also digital community building). At OKCoin, we embrace this industry because we also believe that bitcoin and subsequent cryptocurrencies represent a paradigm shift in both our financial system and social fabric. While it’s unclear what this shift will look like, or if it will ever be static, there will always be a need for a technical and financial […]

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