Altcoins signal buy after taking it ‘on the chin’ since March
The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months.
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Data shows traders rushed to buy altcoins during Bitcoin’s dip to $50K
Bitcoin’s (BTC) recent downturn temporarily pulled its dominance rate down to 49.5% which is the lowest level since August 2018. This has led a growing number of traders to predict that altcoins will outperform Bitcoin in the short term. Over the past few months, the price action from altcoins seems to be disengaging from Bitcoin.…
IBM Launches Blockchain Pilot for Bank Guarantee Processes
Tech giant IBM has launched a pilot for a blockchain-powered platform designed to streamline bank guarantee processIn a press release shared with Cointelegraph on July 3, IBM stated that the pilot was launched in partnership with four Australian financial services companies.The pilot — dubbed Lygon — is backed by IBM, the Australia and New Zealand…
Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Law Decoded will be going on a break next week for the holidays but will return in the new year. Editor’s noteAs the holidays loom, Bitcoin has been shattering all-time highs. For reasons why, consult Cointelegraph’s markets…
Ethereum Developers Discuss Potential Ways to Avoid ETC’s Fate
After a string of 51% attacks on Ethereum Classic, developers from its core chain rival, Ethereum, discuss ways of avoiding the same fate. In a Core Devs meeting on Friday, Ethereum (ETH) developers discussed potential measures that could be taken to prevent successful 51% attacks from occurring.The discussion was inspired by this week’s 51% attacks…
Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision
Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes.According to a framework released on Thursday, chair Zoe Lofgren of the Committee on House Administration — responsible for the day-to-day operations of…
Bitcoin Surges Above $6,300, Hits Dominance Records From December 2017
Friday, May 10 — bitcoin (BTC) has seen another rally today, having surged above the $6,300 price mark and hit market dominance records from December 2017, according to data from CoinMarketCap.The major cryptocurrency is seeing the biggest gains out of the top 20 coins by market cap, up 4.4% over the past 24 hours at…
Million-dollar startup taps Algorand to fight climate change
Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. 2690 Total views 11 Total shares Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance. Climatetrade announced Wednesday that it has selected the Algorand blockchain to power…
Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems
The two seek to improve their blockchains with each other's tech from cross-chain bridges to decentralized exchanges to oracle networks. 1226 Total views 21 Total shares AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.Flare claims…