Search results: Matic

Much has been made of the clear divergence between Asia’s embrace of blockchain innovation versus the West. But three seemingly disparate storylines this month suggest the gap might be widening as we speak. The first is South Korea creating a special enterprise zone for cryptocurrency trading and initial coin offerings. China’s fast-accelerating timetable for issuing its […]

Ethereum (ETHUSD) spent this past week just below the psychologically key 200 whole figure level.  Bulls should get reprieve any day though as hinted by the bottomish daily RSI, Stochastics and MACD, and the descending wedge nearing completion (on the daily chart).  The rally could quickly flatten the still slightly downsloping weekly Stochastics.  A decisive […]

Bitcoin (BTCUSD) has reclaimed the psychologically key 10k whole figure level (as part of its ongoing 2 month consolidation) after some profittaking last week.  While bulls see BTCUSD resuming an upchannel or bull flag (on its weekly and daily chart), they should closely monitor Ripple (XRPUSD) and Ethereum (ETHUSD) in their ability to reclaim (after […]

Trade wars. Slowing global growth. Weak inflation. $14 trillion of negative-yielding debt. Unprecedented monetary policies. It’s easy to get lost in the mayhem of markets when these are just some of the notable trends investors face today. Amid the chaos, the narrative surrounding Bitcoin has shifted quite dramatically since the beginning of the year as […]

Key Highlights “For the blockchain technology itself, there’s universal acceptance. I haven’t come across one government either in person or having read about any that are at all negative about the underlying technology. They are ambivalent about a key application, which is financial cryptocurrencies, because of certain things that have happened over the last two […]

Key Highlights “For the blockchain technology itself, there’s universal acceptance. I haven’t come across one government either in person or having read about any that are at all negative about the underlying technology. They are ambivalent about a key application, which is financial cryptocurrencies, because of certain things that have happened over the last two […]

Bitcoin (BTCUSD) pushed higher for the 2nd straight week last week as it appears close to completing its month plus consolidation, and resuming its uptrend since December.  Nevertheless, while bulls see BTCUSD resuming its upchannel or bull flag (on its weekly and daily chart), they should closely monitor Ripple (XRPUSD) and Ethereum (ETHUSD) as they […]

Bitcoin (BTCUSD) has decisively reclaimed the psychologically key 10k level in the past week and appears close to completing its month plus consolidation.  Significantly, BTCUSD is attempting to resume its upchannel or bull flag (on its weekly and daily chart), with broader crypto sector strength seen by the inability this past week of bears to […]

Listen to the podcast Key Highlights “Within the G7, within the G20, there’s a lot of concern among governments, and I think that some of the concerns are valid. I mean, some of the concerns have to do with control, of course, but they also have to do with money laundering, and I also think […]

Bitcoin (BTCUSD) appears to be struggling to find support after the Saturday plunge, but on the shorter 4hr timeframe chart (not shown) is showing tentative signs going into the European Sunday morning of bottoming.  BTCUSD’s break below upchannel support (on the weekly and arguably on the daily chart) seemingly suggests stronger selling this week, but […]

It wasn’t even on the agenda last year. Ling Wu, Founder and CEO of TBCASoft, tells us why blockchain is taking the Shanghai Mobile World Congress 2019 by storm. Wu is the Chairman of the Carrier Blockchain Study Group (CBSG) Consortium, an initiative between TBCASoft and SoftBank to build a cross-carrier blockchain platform with leading global telecom operators. […]

It wasn’t even on the agenda last year. Ling Wu, Founder and CEO of TBCASoft, tells us why blockchain is taking the Shanghai Mobile World Congress 2019 by storm. Wu is the Chairman of the Carrier Blockchain Study Group (CBSG) Consortium, an initiative between TBCASoft and SoftBank to build a cross-carrier blockchain platform with leading global telecom operators. […]

Bitcoin (BTCUSD) has bounced back above 10k in the past few days after dipping below the psychologically key whole figure level last week.  Although the weekly RSI and Stochastics are turning down from overbought levels, which when combined with the weekly MACD trying to negatively cross seemingly suggest bearish momentum, any further downside this week […]

Trustless payment methods were the first disruption blockchain brought to the financial industry. The second wave of disruption came about when the ICO boomed in 2017 as a way to reach a larger market of investors through crowdfunding smart contracts on Ethereum. In 2017 alone, ICOs raised around $7 billion. More recently, we’re seeing the […]

Ethereum (ETHUSD) is under growing pressure as it enters a new week, and is arguably breaking upchannel support (on the daily chart).  Bulls should not rule out a deeper slide further below daily chart upchannel support (as hinted by the weekly Stochastics turning down from overbought levels).  A deeper reversal will likely find initial support […]

What is blockchain? And why does it matter?  Simply put, blockchain (a form of distributed ledger technology) scales trust. If you were explaining why blockchain matters to your mother, you might tell her that she will no longer need to go through a bank to make a payment to the electric company. Or go to […]

Changpeng Zhao, better known as CZ, is one of the most influential figures in cryptocurrency / blockchain circles. From flipping burgers at McDonald’s to getting his computer science degree at McGill University, to now Founder and CEO of Binance; CZ has built one of the world’s largest cryptocurrency exchanges. In this unreserved 40-minute conversation, CZ […]

Ethereum (ETHUSD) is under pressure as it enters a new week, and currently testing upchannel support (on the daily chart). Bulls should be prepared for a potential break below daily chart upchannel support, where a deeper reversal will likely find initial support at the 38.2% Fib retrace of the May-June bounce.  Note that the two […]

Ever since the discovery of blockchain technology, we’ve heard a lot about inefficient systems that it can fix. From the internet to advertising, healthcare, the voting system, and the supply chain; the list of things that aren’t working optimally is long and laden with overpromises. Blockchain is not a panacea for all the world’s ills, […]

The Libra, potentially a welcome addition to the financial system A consortium led by Facebook recently announced the introduction of a new cryptocurrency, the Libra. Compared to most existing cryptocurrencies the design of the Libra is relatively well supported economically One of the goals of the Libra is to connect the billions of people who […]

There are very few events market participants are watching more intently than the ongoing trade disputes between the world’s two largest economies. In one corner, the Trump administration has recently stoked the trade war fire with threats of additional tariffs on $300 billion of Chinese imports, on top of the $250 billion worth of Chinese […]

LONDON — Aon, one of the world’s largest insurance companies, has teamed up with respected charity Oxfam and blockchain start-up Etherisc to deliver blockchain crop insurance policies to small farmers in Sri Lanka. “Farmers in Sri Lanka represent a third of the workforce and account for almost 20 percent of the economy. Yet, very few […]

Bitcoin (BTCUSD) is trying to resume its massive rally but remains vulnerable to a deeper slide this week with the weekly RSI and Stochastics overbought, and the daily MACD hinting at a negative crossover attempt. On the weekly chart, BTCUSD is above former upchannel resistance, with BTCUSD attempting to trade within a larger range defined by […]

Key Highlights The Kik case is the first case that the SEC has brought in litigation that has been contested by the company where there are no allegations of fraud “The SEC has made clear that virtually all ICOs are going to be treated as offerings of securities.” Even if a company is offering ICOs […]

American insurance giants State Farm and USAA want to use blockchain to speed up auto claims.  They’re focusing on the last part of the claims process called subrogation. Subrogation is the legal right that allows one party (e.g., your insurance company) to make a payment that is actually owed by another party (e.g., the other […]

Key Highlights Open-sourced platforms face bottlenecks In a truly decentralized community where there is no direction or leading voice, it can be difficult to gain consensus and make progress; establishing governance for a more disciplined and coordinated team can quicken decision-making and maintain quality Creating a bridge between centralized and open-source blockchain is a critical […]

Key Highlights Cardano is now looking at Vietnam, Cambodia, Malaysia, and Indonesia for expansion Hoskinson is thinking about Samsung S10, digital identity, and how to manage a public-private key pair for cryptocurrency Listen to the full podcast version of this interview Transcript of Part V At Cardano, you’re moving towards shaping that part of the […]

Key Highlights Hoskinson says using open-source is a prerequisite to get governments and universities to adopt a system Blockchain allows the producer and the consumer to find each other, and interact as if Uber or Airbnb existed, but without these middlemen  Listen to the full podcast version of this interview Transcript of Part IV The […]

Key Highlights Cardano is both a cryptocurrency and a decentralized computing platform Cardano is often criticized for building its smart contract platform on Haskell, a programming language used mainly in academia in which programmers are difficult to find Hoskinson says Haskell is more precise and helps secure open-sourced blockchain to internet-based platforms Listen to the […]

How the race to get billions of users onto blockchain has this mathematician thinking about the future of work. Could decentralization be the one thing that actually binds us together. Charles Hoskinson sits down with Angie Lau, in Hong Kong a week after Hong Kong Blockchain Week and shares his vision of how 2019 will […]

Introduction The blockchain revolution is happening so fast, that it too is being revolutionized. Until now, the de facto mechanism to reach consensus on distributed ledgers has been Proof of Work (PoW), in which computers compete to solve fictitious mathematical problems. However, this system wastes a lot of energy and computer power. But now a […]

Key Highlights As of December 2018, UNICEF has invested into six blockchain companies in five countries UNICEF now accepts cryptocurrency donations and allows donors to easily mine cryptocurrency just by visiting their donation site Across UNICEF’s projects, blockchain technology is being used to improve traceability of donations and to better track outcomes of donated funds […]

Key Highlights Open-sourced platforms have faced bottlenecks in evolution of better technology In a truly decentralized community where there is no direction or leading voice, it can be difficult to gain consensus and make progress; establishing governance for a more disciplined and coordinated team can quicken decision-making and maintain quality Creating a bridge between centralized […]

Edited June 23, 2019 Key Highlights Dec. 9, 2018 — Gerald Cotten QuadrigaCX CEO dies of complications from Crohn’s disease while in India. Dec. 10, 2018 — Jaipur Police release NOC (No Objection Certificate) to Cotten’s widow, allowing her to return to Canada with the body of her husband. Jan. 2019 — QuadrigaCX announces CEO’s death. It […]

This is the first part of an insight series by Tanner De Witt partner, Pádraig Walsh, in which he gives his legal perspective on security token offerings. In this article, he starts from the basics, and asks and answers what are security token offerings and why we should care. What is a token? A token […]