News

Commodity trading gets sweeter with blockchain-based sugar exchange

October 25, 2020

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The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021’s goals The world’s largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, DigitalSugar.io. Users of the UAE-based platform will trade the spot price of […]

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DeFi Still Needs a Silk Road Moment

October 25, 2020

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Oct 25, 2020 at 15:58 UTC Mainstream criminal adoption would prove that decentralized finance (DeFi) is building tools with real utility, because if there’s any one group that is both underserved in its access to sophisticated financial products and willing to pay huge premiums to acquire them, it’s criminals.  The Silk Road was launched in […]

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How to build a crypto mining rig in 2020 to earn Bitcoin and Ether

October 25, 2020

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In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive income.  It is not surprising […]

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Should We Care if the US Is Falling Behind on CBDCs?

October 25, 2020

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Oct 25, 2020 at 13:00 UTC (farosofa/iStock via Getty Images Plus) Should We Care if the US Is Falling Behind on CBDCs? A reading of two recent op-eds on central bank digital currencies. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, […]

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Morpher Labs attempts to crack knotty prediction market problems

October 25, 2020

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On August 31, 2020, Morpher Labs announced the launch of its flagship Ethereum-based contract trading and prediction market platform, Morpher, with the stated goal of providing users unlimited access to long-and-short trades of real-world stocks, commodities, and FOREX markets.  The technical obstructions of such a goal, however, have historically proven tricky to navigate.  In a […]

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3 reasons Bitcoin suddenly dropped 3% in 1 hour and recovered

October 25, 2020

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The price of Bitcoin abruptly dropped over 3% in under an hour after surging to $13,350, but its high time frame log charts remain highly optimistic. 9049 Total views 43 Total shares Three factors likely triggered a quick decline in the price of Bitcoin (BTC) on Oct. 25. First, traders pinpoint the $13,300 to $13,500 […]

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Bitcoin breaking through $12K is huge but don’t expect higher prices before 2021

October 25, 2020

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The previous week has been tremendous for Bitcoin (BTC) investors as price broke the crucial barrier of $12,000, culminating in a surge from $11,300 to $13,300, a rally of $2,000 within a week. A new yearly high was printed, while the dollar has been showing weakness as well. Next to that, multiple listed companies came […]

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Corporate disclosure is the only way to get crypto institutionalized

October 25, 2020

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Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate income, and a viable investment option. Young companies are turning away from […]

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Gold ‘breaking down’ against Bitcoin is highly bullish for BTC — Analyst

October 25, 2020

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Earlier this week, Bitcoin (BTC) advocate and Real Vision CEO Raoul Pal said gold is breaking down against BTC. If the dominant cryptocurrency continues to gain momentum against BTC, it could strengthen its perception as a store of value. In the past month, the price of Bitcoin gained 30.36% against the U.S. dollar, from $10,136 to $13,217. […]

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Bitcoin Price Closes Above $13K for First Time Since January 2018 Driven by a Flurry of Good News

October 25, 2020

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Oct 25, 2020 at 00:55 UTCUpdated Oct 25, 2020 at 01:52 UTC Daily closes since Q4 2019 with candlestick wicks removed. Bitcoin closed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency. Bitcoin had last closed above $13,000 on Jan. […]

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