NewsRoom Articles - Page 116 of 181

MondayAug 19, 2019 1:32 pm

The Wild West Crypto Show Tracks the Alt Currency Roller Coaster

It’s been another wild week in crypto land as news came out about bitcoin’s rising dominance. During episode 72 of The Wild West Crypto Show, hosts Drew Taylor and Brent Bates seemed breathless from tracking bitcoin’s roller-coaster ride. Titled ‘Bitcoin Dominance Reaches 70 Percent’, the segment discussed how, once again, the cryptocurrency has fallen below the psychological $10,000 mark. Together with the decline in other major alts, including Ethereum, Ripple's XRP and Litecoin, this has erased some $20 billion in value from crypto investor portfolios. While the cryptocurrency market may be in the doldrums, bitcoin dominance – a measure of…

MondayAug 19, 2019 12:44 pm

HODLing Bitcoin: 2017 vs 2019

Think of cryptocurrency markets as a Formula One race, except for the fact that this race is on all year round. Cryptocurrencies are qualifying teams and the price action that you see for any cryptocurrency – like Bitcoin – is fuel for the car. This fuel is represented by cycles of fear and greed. Fuel is the most crucial element for racing cars. It keeps the cars going. F1 cars consume 140 liters or more in fuel, much more than ordinary cars. If the car runs out of fuel, it stops. Similarly, cryptocurrency markets and hype cycles run on fear…

FridayAug 16, 2019 11:17 am

Will Altcoins Continue To Bleed This Season?

Are altcoins bleeding out and falling to Bitcoin’s market dominance in the cryptosphere? Bitcoin’s dominance is at 68.3% of the entire crypto market capitalization and altcoins are getting crushed in trades against it. In this month alone, Bitcoin’s dominance rate hit 70% for the first time in 26 months and is currently the most prevalent, trading at $10,227. While Bitcoin has continued to gain market share in the past seven days, major altcoins like Ethereum, Ripple, Bitcoin Cash, Litecoin and even Binance coin have lost significant market share. In a nutshell, they’re bleeding out. As altcoins struggle against BTC market…

ThursdayAug 15, 2019 1:40 pm

Newswire Services that Accept Cryptocurrency

Blockchain and cryptocurrency adoption in the global media and advertising industry is expected to grow by 81 percent to over $1 billion by 2023 Adoption is still lagging in the newswire industry, although this market segment is anticipated to expand and generate over $900 million in revenue in the U.S. by the end of the year As an early adopter, CryptoCurrencyWire is leading the way for other newswire services to implement cryptocurrency payment solutions for added convenience and flexibility In today’s world, more and more services can be purchased with cryptocurrency. Decentralization and immediacy of payment are just two of…

ThursdayAug 15, 2019 12:58 pm

Save Hundreds on Invest: Asia 2019, the ‘Mother of All Networking Events’

Movers and shakers in the crypto space are getting ready for September in Singapore. Those in the know are planning to attend Invest: Asia 2019, one of the industry’s major events. Scheduled for September 11-12, 2019, at the Marina Bay Sands Convention Center in Singapore, Invest: Asia 2019 will bring together a slate of crypto experts ready to share their experiences with the technology and revealing why Asia is a key part of leading the world in crypto adoption. The gathering will be one of several events held at Singapore’s Marina Bay Sands Expo & Convention Center under the auspices…

ThursdayAug 15, 2019 10:54 am

Japanese E-Commerce Giant to Launch Virtual Banking Services in Japan

Japanese e-commerce giant Raktuen has acquired permission to launch virtual banking services in Taiwan. The virtual bank will be launched by the name of Rakuten International Commercial Bank. It would add to the roster of credit card and marketplace services already provided by Rakuten in Taiwan. Rakuten aims to start providing its virtual banking services to consumers by 2020. It will set aside a total capital of 100 billion TWD for the initiative. The initiative is launched in collaboration with a local financial firm. Rakuten Was Not the Only Company That a Virtual Banking License in Taiwan As reported by…

WednesdayAug 14, 2019 11:07 am

Is Ripple-Backed MoneyGram Set To Oust Western Union?

Western Union has been the undisputed leader of international remittances and this could make us think that the company will remain a successful monopoly in this space forever. But, with the arrival of disruptive innovation like P2P, Blockchain, and cryptocurrencies, it is in danger of losing its market capitalization. Western Union started its international money transfer business in the 80s and covered major destinations like China by mid-90s. In the first ten years of its operations, Western Union successfully disrupted the industry and faced no immediate threat from competitors. Most competitors filed for bankruptcy and closed shop. Western Union’s stock…

TuesdayAug 13, 2019 2:05 pm

Voice of Blockchain to Showcase Crypto Market Dynamics, Spotlight Supply Chain and Other Use Cases

Anyone attending the largest digital asset event in the Midwest will soon discover that blockchain has long since passed the proof-of-concept stage. The second annual Voice of Blockchain will take place from September 30 to October 1, 2019, at Venue SIX10, a unique event space on Chicago’s Michigan Avenue that offers a breathtaking panorama of downtown Chicago and Lake Michigan. The conference will showcase a variety of practical applications that demonstrate how, a decade after its birth, blockchain is finding its voice. The Voice of Blockchain agenda is packed two days & three stages of fireside chats, presentations, panels, and…

TuesdayAug 13, 2019 1:34 pm

Coinvention 2019 Set to Gather Crypto Innovators in the Spiritual Heart of the American Revolution

Coinvention 2019 will take place in Philadelphia – a city that’s steeped in history as the spiritual heart of America’s rebellion against colonial rule The convention will feature expert speakers and innovators working cooperatively to boost blockchain-based cryptocurrencies and alt-financing The second annual summit will be held September 20-21, and tickets are still available Crypto community leaders and their followers have a few weeks left to register for this year’s two-day Coinvention gathering in downtown Philadelphia, where experts and influencers will discuss the blockchain-built alt-finance trading platform and ways to make the most of it during the days to come.…

TuesdayAug 13, 2019 11:51 am

Got Blockchain Experience? The US Government Is Hiring

When this government job announcement for a computer scientist with blockchain experience came over my desk, I couldn’t help but get excited by the prospect that the U.S. is finally embracing this wave of technology and getting current with the times. Remember, it wasn’t that long ago when President Donald Trump had a few choice words for cryptocurrency stating: “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.” Cryptocurrency and its affect on the American economy is still being seriously discussed but beyond his…