Finally

VeChain Forms New Partnership with Grant Thornton to Push Adoption

Source Node: https://beincrypto.com/vechain-forms-new-partnership-with-grant-thornton-to-push-adoption/
Time Stamp: August 19, 2020 4:56 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The VeChain Foundation has partnered with Grant Thornton Cyprus, an accounting firm, opening the door to “thousands” of adoption opportunities. VeChain uses its blockchain mainly to provide RFID (Radio Frequency Identification). This can be used as part of an internet of things framework, supply-chain planning, and also to determine the provenance of unique goods. The firm has an in-house development team that caters to larger businesses and hopes to be the go-to company for enterprise blockchain needs. In bittersweet news, it sees the COVID-19 pandemic as a sign of urgency

Cryptocurrency News Roundup for August 18, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-18-2020/
Time Stamp: August 18, 2020 4:45 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. To bank in on that phenomenal growth and encourage greater cooperation among industry stakeholders, Huobi DeFi Lab has launched a new initiative called the Global DeFi Alliance. Several major players in the DeFi space have already joined the initiative to create a united front and pave the way for mainstream adoption in

Analyst on Bitcoin: Wall Street Isn’t Ready For What’s Next

Source Node: https://bitcoinist.com/analyst-on-bitcoin-wall-street-isnt-ready-for-whats-next/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-on-bitcoin-wall-street-isnt-ready-for-whats-next
Time Stamp: August 18, 2020 11:16 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin price just set a new yearly high after pushing above $12,000 and may be gearing up for an explosive move higher. The first-ever cryptocurrency may be finally entering a new uptrend. If this is the case, and the asset continues to follow the stock-to-flow model, Wall Street may be left in shock after having to adjust their chart settings to keep up with Bitcoin’s logarithmic growth. Institutions Begin Looking Toward Bitcoin As A Hedge Against Inflation Bitcoin is unlike any other financial asset before it. And while it shares

Staking for Waves’ Neutrino Dollars Comes to the Ethereum Network

Source Node: https://cointelegraph.com/news/staking-for-waves-neutrino-dollars-comes-to-the-ethereum-network
Time Stamp: August 18, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum.The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been ported to the Ethereum blockchain, Waves announced on Aug. 18.With the porting, Neutrino USD becomes accessible on Ethereum, enabling Ethereum users to stake rewards by just holding USDN in their Ethereum wallets, Waves CEO and founder Alexander Ivanov told Cointelegraph. The new integration also allows

Alt Season Reigns as Big Money Exits the U.S. Dollar

Source Node: https://beincrypto.com/alt-season-reigns-as-big-money-exits-the-u-s-dollar/
Time Stamp: August 17, 2020 4:07 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Open up the keg of powder, it’s time to lock and load. It’s alt season. In July, I predicted a bump of BTC followed by an open alt season. I was right. A perfect storm is bringing back memories of December 2017, and this time big money is looking to exit the U.S. dollar. Duck Season? Rabbit Season? No, Alt Season. It’s official. Alt season is here, and non-bitcoin cryptos are doing what they do best: pump. Total crypto markets have seen a surge from $165 billion in March to

Bulls Stampede Toward $12K Bitcoin Price as Weekly Close Approaches

Source Node: https://cointelegraph.com/news/bulls-stampede-toward-12k-bitcoin-price-as-weekly-close-approaches
Time Stamp: August 15, 2020 7:32 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin price is making a strong push toward $12,000 with just 24-hours before the weekly close occursDespite multiple rejections at the $12K mark, BTC continues to make higher lows and traders are buying dips at underlying support levelsChainlink reached a new all-time high at $19.80 and Ether is struggling to push above $430Cryptocurrency daily market performance snapshot. Source: Coin360Typically, for Bitcoin (BTC), weekends are marked by reduced trading volume as day traders take a break and the CME Bitcoin markets are closed. Experienced traders will also know that exchange order books

Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/bull-runs-mining-and-tor-attacks-bad-crypto-news-of-the-week
Time Stamp: August 15, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone or will Bitcoin push on to $15,000? Its first mission will be to break the resistance at $12,000. Bitcoin failed to do that twice in ten days but consolidated after each failure, which some experts believe

Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Source Node: https://cointelegraph.com/news/ethereum-price-hits-2-year-high-as-eth-futures-open-interest-tops-15b
Time Stamp: August 14, 2020 5:26 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.ETH-USD 4-hour chart. Source: TradingView.comThe record high open interest on ETH futures hints that traders remain bullish and further gains could be seen over the coming days.In recent months, Ethereum has seen strong momentum due to the explosive growth of the Decentralized Finance sector. The demand for Ether led to a sharp

Cryptocurrency News Roundup for August 14, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-14-2020/
Time Stamp: August 14, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

In a polarising move that has drawn mixed reaction from the company’s user-base, cryptocurrency exchange BitMEX announced today that it’s making KYC verification mandatory on the platform. The noises surrounding the move are hardly surprising given that privacy and easy-registration were two of the primary factors that contributed to the exchange’s growing popularity. Some BitMEX users are, however, in favor of the decision as it may help the exchange improve its security and appeal to would-be customers. All said and done, the u-turn into a conventional exchange underlines the impact

Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement

Source Node: https://bitcoinist.com/analyst-bitcoin-likely-to-tap-10000-unless-bulls-spark-strong-movement/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-bitcoin-likely-to-tap-10000-unless-bulls-spark-strong-movement
Time Stamp: August 13, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and weeks ahead One trader is setting his sights on a move towards $10,000 Bitcoin and

FAANG stocks And Digital Assets Are Flying

Source Node: https://www.bitcoinmarketjournal.com/faang-stocks-and-digital-assets-are-flying/
Time Stamp: August 13, 2020 1:57 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Which would you prefer, a large pizza split into eight slices, or a large pizza split into 12 slices? A normal, rational person might suggest that it really doesn’t make much of a difference, as it’s really the same amount of pizza. This poor Australian girl, however, will probably never live down the time her “friend” Brad filmed her saying that she’d prefer eight slices, because she couldn’t possibly eat 12 slices of Pizza. Well, today Jen can finally point out that the eternity of new-wave momentum traders are giving

Polkadot Reveals Details of Upcoming DOT Redenomination

Source Node: https://bitcoinist.com/polkadot-reveals-details-of-upcoming-dot-redenomination/?utm_source=rss&utm_medium=rss&utm_campaign=polkadot-reveals-details-of-upcoming-dot-redenomination
Time Stamp: August 12, 2020 8:17 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Blockchain interoperability platform, Polkadot has released details of its upcoming Denomination Day, when native DOT tokens will undergo a redenomination. On August 21, at block number 1,248,328, new DOT tokens will be 100 times smaller than before, with user balances correspondingly showing as 100x higher and the price lowering by the same multiplier. DENOMINATION DAY: On August 21st at approximately 13:15 UTC (block number 1,248,328), DOT tokens will undergo a redenomination from the original sale. 𝘕𝘦𝘸 𝘋𝘖𝘛 will be 100x smaller than DOT (old). Therefore, your balance will be 100x