IBM is preparing for banks and other financial institutions to join the blockchain technology. Rather than using many intermediaries for international payments the new system launched by IBM aims to create a more efficient system than SWIF and that is possible using cryptocurrencies or stable coins. Ripple is in the race to build a similar product but seems that IBM and Stellar are a step ahead.
IBM Blockchain World Wire will enable banks and financial institutions to serve better and faster their clients by using the Stellar blockchain.
Utilizing the World Wire payment network on the Stellar Blockchain, World Wire … Read the rest “IBM Payment Network That Uses the Stellar Public Blockchain Preparing To Be Used By Banks”
The crypto market has been suffering a long bear market after December 2017 when bitcoin hit the ATH upon the CME and CBOE launch. The bearish market started after the launch of the futures which suppressed the price constantly in 2018 but seems that this price bearish action intensity slowed down in the Q1 of 2019.
Despite the bear market, the cryptocurrency has been suffering after hitting the $20 mark, crypto adoption has been growing steadily. Seems that bitcoin grabbed everybody’s attention because we see a massive interest from the Technology and the Financial sector in cryptocurrencies. Looking a the recent sentiment in … Read the rest “Alt Season is here! But Bitcoin Dominance Still Above 50 Percent”
Bitcoin Testing $4,000
Bitcoin is changing hands above $4,000 and it is driving the overall cryptomarket to the upside causing a surge in prices of almost all the Altcoins as usual. This level is viewed as an important resistance level for bitcoin price.
In the course of the last 3 months, Bitcoin has hit the lowest level at $3,217 as indicated by the CoinMarketCap below.
Now all the eyes are on the $4,000 mark. Considered an important resistance level a breakout of this level would add momentum to the price action adding to the fundamentals that are in … Read the rest “Bitcoin Crosses $4,000, Litecoin Crosses $61 and Western Union Testing Ripple”
The Aerum ecosystem offers a decentralized hub
The Aerum ecosystem is presented to the crypto sector with a platform for the disruption of the sector. In itself, it resembles the increasingly common Hubs. A Hub is a space (virtual or physical) where entrepreneurs come together creating synergies. Their influence is, sometimes, so great that they convert in favor of optimizing the usual model of the sector; see both in its complete remodeling and digital replicas. This creates new paradigms in traditional sectors and opens the door to new sectors due to the great innovation that community work brings. It can … Read the rest “The Aerum ecosystem, a market-oriented hub”
A crypto trader labeled as a “Permabear” during the bear market predicting accurately the bitcoin price drop from $10,000 to $3000 seems to have been turned bullish on Bitcoin price, going too far to predict a hit of the $150,000 mark.
MagicPoopCannon posted on his Tradingview channel an interesting analysis comparing the bottom of the 2014-2015 Bitcoin bear market to the bitcoin actual market conditions and activity.
… Read the rest “Bitcoin Permabear Turns Bullish on BTC Price, Predicting $150,000”
That price action is INCREDIBLY similar, to what is taking place today. It is the primary reason why I believe that Bitcoin has bottomed, and it is why I am
As blockchain has seen a rise in adoption from many industries, the sports betting industry has also joined the ranks and embraced an application of this technology: cryptocurrencies. One betting platform that has fully adopted cryptos is 1xBit, which is one of the most recognized brands from the crypto betting space. The service features a wide selection of sports events, such as American Football, Basketball, Football, eSports, and Martial Arts, on which users can place their bets. The list is expanded daily to include the most exciting fights and matches.
As a payment option,1xBit accepts over 20 cryptocurrencies, including … Read the rest “1xBit: Crypto, Sports, and Betting”