Financial Exchange Patent Explores Tamper-Proof Blockchain Bidding

A state-backed financial asset exchange in China’s Chongqing city is turning to blockchain to make online auctions tamper-proof and transparent. According to a patent application filed in December and revealed on Friday by the China State Intellectual Property Office, the Chongqing Financial Asset Exchange (CQFAE) is exploring how to create a system that allows multiple parties to bid for a financial asset over a distributed network. The document explains that the…

Circle CEO: Ethereum Catalyzed 2017 Bull Run, May do the Same in 2019

Ethereum has long been held as the second most valuable cryptocurrency in the global market, but the CEO of Circle has recently gone as as far to say that Ethereum was the primary catalyst to last year’s bull crypto run. Circle’s CEO, A Prominent Ethereum Proponent Speaking with Mellisa Lee of CNBC Fast Money, Jeremy Allaire, the co-founder and CEO of Circle, a major cryptocurrency exchange and payments platform, discussed…

Bitcoin: Increased Institutional Interest, Improving Sentiment

[unable to retrieve full-text content] Bitcoin: Increased Institutional Interest, Improving Sentiment  Seeking Alpha Full coverage Source: Bitcoin Google

Ethereum Price Analysis: ETH/USD Facing Uphill Task

Key Highlights ETH price declined further and broke the $482 and $475 support levels against the US Dollar. There is a major bearish trend line formed with resistance near $475 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the $475 and $480 resistance levels to move into a bullish zone. Ethereum price is under pressure against the US Dollar and Bitcoin. ETH/USD…

Poorly attended blockchain conference offers much-needed reality check

By Jack Morse2018-07-20 00:47:57 UTC It’s 8:30 a.m. on a Thursday morning at the Westin St. Francis hotel in San Francisco, and the emcee is stoked.  A booming welcome worthy of a Vegas boxing match is being delivered over the PA as attendees at the Distributed blockchain conference gather to hear the gospel of “unlocking the global power of decentralized business.”  However, if the half-full auditorium is any indication, it’s…

Bitcoin's nightmare end, but was the rally just a short squeeze?

[unable to retrieve full-text content] Bitcoin’s nightmare end, but was the rally just a short squeeze?  CNBC Full coverage Source: Bitcoin Google

US Health Care Companies Exploring Blockchain Technologies

The sprawling U.S. health care industry has trouble managing patient information. Every doctor, medical office, hospital, pharmacy, therapist and insurance company needs different pieces of data to properly care for patients. These records are scattered across computers – and even filing cabinets. They’re not all kept up to date with current information as a person’s prescriptions change or new X-rays are taken, and they’re not easily shared from one provider to…

Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch

A new test network has been launched for Raiden, the ethereum payments channel project. Announced at the Dappcon developer conference in Berlin on Thursday, the release features a minimal implementation of the scaling solution that will allow ethereum tokens to be traded on off-chain payment channels. Notably, this particular testnet will be the final one to battle-test the tech before it goes live for everyday users. “It’s the first step towards going…

The Narrative Of The Price Of Bitcoin

Bull market versus bear market Most traders and investors like a narrative. Rather than look at a spreadsheet, they much prefer to read the output of a word processor. I prefer a spreadsheet but a narrative does have its place as a lens to study the market with. With this in mind you can see a market as a battle between bulls and bears. It is certain that the market…

A staunch bitcoin bear says this recent surge might have legs

Bitcoin is showing signs of life after fluctuating between plunging, sliding and going nowhere fast for months on end. div > div.group > p:first-child”> After breaking above $7,000 per coin on Tuesday to its highest level since early June, foreign exchange strategist and longtime bitcoin bear Boris Schlossberg of BK Asset Management said this week’s move could point to further gains. Here’s what he told CNBC’s “Trading Nation” on Wednesday…