BITCOIN
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Crypto Long & Short: Bitcoin’s Relationship With Gold Is More Complicated Than It Looks
Earlier this week, JPMorgan published a global markets strategy note that points out that money has flowed out of gold and into bitcoin since October, and predicts that this trend will continue over the medium to longer term. The easy conclusion is that investors are finally understanding that bitcoin (BTC, -0.62%) is a superior future store of value to gold, and are rotating out of one and into the other. I’m not convinced that’s what we’re seeing. I agree with the analysts, though, that inflows into bitcoin will continue to increase, but not because investors are changing…
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Synbit Uses Synthetic Assets to Build a More Comprehensive Income Market and Volatility Structure to Boost the Development of DeFi
With the momentum of liquidity mining getting stronger and stronger, DeFi is transforming traditional financial products into protocols at a hundred times faster. Decentralized trading platforms, stablecoins, decentralized lending and borrowing platforms, synthetic assets, and insurance products will all be decentralized, trustless and transparent in the decentralized network protocols. We believe that compared with traditional finance, DeFi has a more ambitious vision, that is to allow anyone to publicly own or trade any financial assets anywhere in the world. Because DeFi lacks some basic products and services, it is still…
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CoinZoom’s One-Stop-Crypto Shop Integrates Digital Services Under One Roof
The next wave of mainstream users is coming, and the simplicity, integration, and convenience of one-stop-crypto-shops like CoinZoom are likely to be the most appealing platforms for new entrants, with everything they need under the same roof. The cryptocurrency exchange marketplace has witnessed tremendous growth in recent years, fueled by speculative interest and increased adoption in the space. With hundreds of platforms, services and tokens on offer, it is understandably complex to navigate this fragmented playing field. New adopters who stay the course want more than an isolated exchange platform….
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Amazon Considers $100M Investment in India’s Apollo Pharmacy Chain
Notably, Apollo Pharmacy is reported to be India’s first and largest branded pharmacy network that has over 3000 plus outlets in key locations. After the successful launch of Amazon Pharmacy Services last month, Amazon.com Inc (NASDAQ: AMZN) is reported to eye India’s Apollo Pharmacy for a whopping $100 million. Notably, Apollo Pharmacy is reported to be India’s first and largest branded pharmacy network that has over 3000 plus outlets in key Locations. Additionally, it is part of Apollo Hospitals – Asia’s largest healthcare group. Hereby making Amazon possible investment a strategic entry that could…
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Bitcoin (BTC) Price Lost More Than $1000 in 24 Hours
With Bitcoin current pullback, experienced traders are said to be taking advantage and accumulating in accordance with the price movements. After Bitcoin rallied to trade around its all-time high in the past few weeks, its market price has shed more than $1000 in 24 hours to trade around $17,872.50 according to the data provided by CoinGecko. As a result, the asset is down approximately 10% from its all-time high. However, Bitcoin (BTC) price is up approximately 15.4% in the past 30 days and over 138% in the past one year. At the time of…
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Koala Arithmetic Mining Platform: The world’s leading computing power mining platform is officially here
On March 10, 2020, the Koala Arithmetic Mining Platform launched by the Singapore Koala Foundation was officially launched. It is understood that Koala Arithmetic Mining Platform is an innovative global blockchain computing power financial service platform. Its purpose is to redefine the mining industry ecology based on blockchain computing power, and give the platform computing power and The equipment has a certain value liquidity, and finally it will be built into a blockchain computing power financial service platform that integrates computing power services, financial services, circulation services, and information services….
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Non-Profit Research Organization Turing Labs Announces Formation, Specializing in Digital Cryptography & Blockchain
Blockchain is one of the hottest directions in the technology field nowadays, and not long ago Blockchain 2.0 has become a term about decentralized blockchain database.For this second generation of programmable blockchain, economists see it as a programming language that allows users to write more sophisticated and intelligent protocols. It is worth noting that a few months ago, Henry Flaubert, who is well known in the field of computing, and several other researchers in the industry, founded a non-profit research institute called Turing Laboratory. Henry Flaubert,It came to prominence through…
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The first year of the blockchain: Consensus Alliance enters the blockchain industry
Blockchain technology is derived from Bitcoin, as people know more about blockchain technology, the blockchain industry is also undergoing great changes. Whether at the level of capital or innovation, blockchain has always been a hot word in 2016. The technical characteristics of distributed general ledger, encryption algorithm and programmability based on blockchain are regarded as the cornerstone of future digital society. Blockchain is expected to lead human society to evolve from information Internet to value Internet. Even, this most subversive technology after the Internet is likely to set off…