Monthly Archives: June 2019

How Blockchain Improves Daily Health Care Routine, Explained

Why do insiders believe that health care is the ultimate use case for blockchain? Learn more about decentralized medical solutions. Contracts are good but can blockchain actually save lives? Maybe. Blockchain is already involved in tests for diagnosing medical conditions. Moreover, it is improving our daily health care routine. Many solutions that could possibly contribute to saving lives in the nearest future combine blockchain and other technologies, such as artificial intelligence (AI). For instance, combining blockchain and AI might help build a distributed network of artificial neural […]

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Bitcoin Breaks $13,000 As Rally Continues

Bitcoin has broken the $13,000 price mark, with some of the top-20 cryptocurrencies showing double-digit gains on the day. Wednesday, June 26 — Bitcoin (BTC) has broken the $13,000 price mark, and many of the top-20 cryptocurrencies showing double-digit gains on the day, according to Coin360. Market visualization courtesy of Coin360 BTC broke the $12,000 level earlier today, and has continued surging to trade at $13,252 at press time. The leading coin has gained over 16% on the day. Today, Bitcoin’s market dominance climbed to over 60% […]

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BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra

BaFin’s president Felix Hufeld has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra. The head of the German Federal Financial Supervisory Authority (BaFin) has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra, Cointelegraph Deutschland reported on June 26 Speaking at the International Club Frankfurter Wirtschaftsjournalisten, BaFin President Felix Hufeld stressed that policymakers and regulators should not stand aside on the issue of Facebook’s Libra as considerable control questions could arise once the coin comes into use. Hufeld hinted at […]

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Swiss Stock Exchange Asks Central Bank to Issue Stablecoin

Principal Swiss stock exchange SIX has asked the country’s central bank for to issue a stablecoin for settlements. Principal Swiss stock exchange SIX asked the country’s central bank to issue a stablecoin, local media SwissInfo reports on June 26 Per the report, the crypto asset would be used to settle payments on its new digital securities trading platform. The exchange reportedly announced during the Crypto Valley Association conference this week that users of its upcoming SDX platform will be able to swap fiat currency for a new […]

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Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

Oxfam issued tap-and-pay cards loaded with $50 worth of DAI to 200 Vanuatu citizens to use via Sempo’s payment platform, following six weeks of direct consultation with villagers. Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of Vanuatu. The Oxfam initiative, named UnBlocked Cash, was conducted in partnership with MakerDAO, ConsenSys and Australian tech startup Sempo. The Australian government also supported the program. Tsunamis, cyclones and volcanic eruptions comprise […]

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Markets Update: Cryptocurrency Prices Continue to Accelerate

Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures $368 Billion Cryptocurrency markets have seen incredible gains over the last few weeks and between a few small corrections, prices continue to rise. The price of bitcoin core (BTC) has reached a 17-month high and has gathered […]

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Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive

Deutsche Bank lead strategist predicted that interest rate cut by the Fed will make cryptos more attractive as opposed to fiat. The potential interest rate cut by the United States central bank is apparently one of the reasons for the recent surge of bitcoin (BTC), Deutsche Bank exec Jim Reid said in an interview with CNBC on June 26. Reid, the head of global fundamental credit strategy at Deutsche Bank, stated: “if central banks are gonna be this aggressive, then alternative currencies do start to become a […]

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Cortex Launches Deep Learning and AI Network for Decentralized Apps

Cortex claims that this is the first time that artificial intelligence has been introduced to a crypto network at scale. Cortex has launched a network for decentralized apps powered by artificial intelligence (AI,) according to a news release published on June 26. The company claims this is the first time that AI has been introduced to a crypto network at scale. It is hoped the technology will be used to generate credit reports for the decentralized finance industry and facilitate anti-fraud reporting for exchanges — and Cortex believes the gaming and eSports […]

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Crypto Platform Launches Smart Trading Feature to Speed Up Process of Buying and Selling

sponsored A crypto trading platform says it gives traders the chance to build and back-test custom-made strategies using a familiar drag-and-drop interface. A crypto platform has unveiled a new Smart Trading feature that enables existing strategies to be executed with ease — cutting down the steps required to complete a trade so that users can react faster to ever-changing markets. Through Kryll, crypto enthusiasts can easily choose the exchange they wish to use for buying or selling cryptocurrency, their desired trading pair and the amount they wish […]

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Bitcoin Price Could See $20K in Two Weeks – $100K This Year, Predicts Market Analyst

An eToro analyst believes a correction in Bitcoin prices is possible “very soon,” but nonetheless believes a price of $100,000 could happen this year. Bitcoin (BTC) prices could match their all-time high of $20,000 within the next two weeks — and could hit $50,000 or $100,000 by the end of the year, eToro analyst Simon Peters claimed on June 26. According to Peters, it took 7 to 14 days for BTC to reach the record figure of $20,000 when it was last at $11,800. He cautioned that […]

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