Monthly Archives: January 2020

Dash Price Up 70%, BSV Gains 300%: Is a Price Correction Imminent?

Dash and Bitcoin SV have posted some 2017-like gains in recent days as a technical correction looks likely to be on the cards. Bitcoin (BTC) has been showing strength recently, as it surged from $6,900 to $8,500 in a matter of two weeks. Not only has Bitcoin sees a period of growth, but privacy coins and Bitcoin forks have also been showing a similar move. Crypto market daily performance. Source: Coin360 Dash (DASH) is up 70% in four days, while ZCash (ZEC) is up 45% in the […]

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Bitcoin Price Hits 2-Month High at $8.7K as 3 Bullish Factors Converge

The momentum from a week of gains continues, taking BTC/USD to its highest since November as altcoins gain as much as 45%. Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600. Cryptocurrency market daily overview. Source: Coin360 BTC climbs 2% in an hour Data from Coin360 and Cointelegraph Markets showed Bitcoin jump 2% in just over an hour on Tuesday to hit local highs of $8,745. A slight retracement followed, […]

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Singapore Crypto Consultant Kidnapped for $1 Million Ransom

Singaporean entrepreneur and ICO advisor Mark Cheng is reported to have been kidnapped in Thailand by close associates who wanted his Bitcoin holdings. Singaporean Mark Cheng was recently kidnapped in Thailand and tortured for a $740,000 ransom in Bitcoin (BTC), the South China Morning Post and others report on Jan. 14. After transferring all his available funds of $46,000, he allegedly made a daring escape as his captors prepared to murder him. Cheng was on a business trip to Thailand with associate Kim Lee Yao Wei when […]

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Market Outlook: Bullish Trend Sends Crypto Prices Northwards

Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read: Close to 11 Million BTC Haven’t Moved in Over a Year Crypto Markets Show Strong Bullish Trend Cryptocurrency prices have been moving northbound and the market valuation of all 4,000+ coins is around $235 billion on Tuesday. At the time […]

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Bitcoin Options, Explained

Options trading, a long-standing staple of financial markets, is coming to Bitcoin and will give the crypto market new ways to generate yield, manage risk and gain exposure. Where and how to trade Bitcoin options? There are a number of Bitcoin options trading venues currently on the market, with various pros and cons, fees, geographic restrictions, capital restrictions and user experiences. There are a number of popular Bitcoin options trading venues available today, including Deribit, LedgerX, IQ Option, Quedex, Bakkt and, most recently, OKEx. Each has its […]

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Japanese Regulator Officially Proposes Cutting Crypto Margin Trading Leverage Cap

Japanese financial regulators have officially proposed cutting the leverage cap for cryptocurrency margin trading. The Japanese Financial Services Agency (FSA) — the country’s financial regulator — proposed lowering the leverage rate limit of cryptocurrency margin trading from 4x to 2x. The FSA announced the proposed measure on Jan. 14 in a cabinet office ordinance — an official order that is issued along with a new law. If enacted, the proposal would be a first for the Japanese government in regulating the rate of crypto margin trading. According […]

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Mediterranean Olive Oil Producer Uses IBM Blockchain to Fight Food Fraud

Olive oil producer CHO is using IBM blockchain technology to fight food fraud by providing transparency across its Terra Delyssa products. CHO, one of the largest olive oil producers in the southern Mediterranean, announced on Jan. 14 that it is using IBM’s blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. The company is the latest major food provider to join IBM’S Food Trust Network. Utilizing blockchain allows CHO to track Terra Delyssa across eight quality assurance checkpoints, including the orchard where the […]

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Win or Lose, These Crypto Whales Share Their Trades

Whales are mega-rich traders who inhabit the depths of the crypto seas. Theirs is a realm of dark pools, hidden order books, OTC deals, and rich list wallet addresses. Shunning publicity in favor of pseudonymity, most whales keep their trading and personal lives separated, with only the blockchain revealing the monster sums they shuffle between exchanges. A handful of whales have bucked this trend, however, laying their trading record on the line for all to judge. Also read: Close to 11 Million BTC Haven’t Moved in Over […]

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Blockchain Will Be Most In-Demand Hard Skill in 2020: LinkedIn

Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn. A newcomer to LinkedIn’s annual list of top-demanded hard skills, blockchain now tops the list of the most-needed skills in 2020, according to a LinkedIn Learning blog post on Jan. 1. Blockchain to surpass cloud computing and AI in […]

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Blockchain-Based IBM Sterling Adds Advanced Supply Chain Tracking Features

The IBM Sterling platform is set to augment its feature set with integrations developed by external companies, including Salesforce and Publicis Sapient. The IBM Sterling supply chain platform will now feature additional integrations developed by Salesforce, Publicis Sapient, IBM Services and others, a Jan. 13 press release reads. The additions will allow the blockchain and AI-based suite to quickly solve returns and cross-channel logistics challenges. IBM Services and Bluewolf are jointly developing a connector service to join IBM Sterling with Salesforce Commerce, Service and Marketing Clouds. The […]

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