AI tokens slide as Nvidia jumps 7% — but ‘don’t expect that to last’
AI crypto tokens are “quiet now,” bleeding red across the board, but a crypto trader says that won’t last.
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For greater good: NY judge allows Celsius to mine, sell Bitcoin
Chief bankruptcy judge Martin Glenn, Southern District of New York, approved Celsius’ request for running BTC mining and selling operations as a means to reinstate financial stability. 330 Total views 7 Total shares Not even 24 hours after revealing a three-month cash flow forecast that threatens total exhaustion of funds, a New York judge allowed…
Hong Kong University Receives $20 Mln Research Grant for Payment Systems, Blockchain
The Hong Kong University of Science and Technology Business School has received a $20 million research grant to improve the security capabilities of electronic payment systems, China News reported Aug. 12. The Hong Kong University of Science and Technology (HKUST) Business School has reportedly partnered with the University of Hong Kong (HKU), the Chinese University…
Hodler’s Digest, Feb. 11–17: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This WeekFundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to CryptoAccording to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental improvements in the crypto space can provide support for higher prices for cryptocurrencies. The report notes that, as the United States dollar…
Smart contract-enabled insurance holds promise, but can it be scaled?
A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were too poor and too dispersed to justify…
Starknet’s Quantum Leap hits testnet with TPS reaching ‘triple figures’
Starknet’s Quantum Leap upgrade has been deployed on testnet, with the Ethereum layer-2 scaling protocol claiming it's capable of processing "hundreds of transactions per second."If achieved, it would be at least a 50X improvement from its current throughput, thanks to the Version 12 upgrade harmonizing how the sequencer's code interacts with the Cairo programming language.A…
Cryptocurrency Markets Continue Resurgence as Ripple Claims 68 Percent Weekly Gains
Bitcoin (BTC) has rapidly corrected its monthly losses Friday, September 21, after markets rallied to send prices above $6,700 for the first time in two weeks.Data from Cointelegraph’s price tracker and Coin360 confirms a strong performance for Bitcoin, which had seen a week of flat trading closer to $6,200.Market visualization from Coin360The move upwards, which…
Crypto and blockchain won’t catch on until they’re actually useful
A perennial question surrounding blockchain technology is: When will it make a mainstream impact? Understandably, enthusiasts in the industry are anxious to see this technology live up to its promise of empowering consumers, accelerating cross-border payments and bridging the financial inclusion gap for the under- and unbanked.The reality is that today, its scope is limited.…
Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst Says
Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15.In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best risk/reward period for investors to get Bitcoin exposure. He…