Ethereum’s Constantinople, St. Petersburg Upgrades Set to Occur This Week

Ethereum’s (ETH) next two network upgrades, referred to as Constantinople and St. Petersburg, are scheduled to take place this week, according to an official Ethereum blog post on Feb. 22. More precisely, the updates are scheduled to happen at Ethereum’s block 7,280,000, which is expected to be mined on Feb. 28. Still, given the unpredictable nature of mining, the implementation could happen one or two days before or after the scheduled date, according to the announcement. The post explains that the upgrade has two names to represent two originally separate…

EOS, Ethereum, Bitcoin Cash, Binance Coin, Stellar

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After a prolonged downward trend, most of the major cryptocurrencies are showing gains on a weekly basis. This shows that the recovery is picking up steam. However, even after the recent rise, most tokens are still way below their lifetime highs. Cryptocurrencies will…

Eos to Be Used by 300 Million Users on Tapatalk, Real Mainstream Use Case

Those questioning the blockchain projects for their underlying utility should look at EOS. The smart contracts platform recently paved its way into the working model of Tapatalk, a Reddit-like forum application. Per an announcement published February 21, Tapatalk will utilize the EOS blockchain to power its Gold Point reward system. The integration would allow Tapatalk to incentivize its users via EOS’ on-chain asset of the same name. The move could assist Tapatalk increase participation among its 300 million users while furthering the adoption of EOS among them. Winter Wong, the…

Google Cloud Adds Enterprise-Focused Ontology’s Development Platform

The development software of corporate-oriented cryptocurrency Ontology (ONT) has been added to the Google Cloud Platform Marketplace, a Medium post from Ontology revealed on Feb. 23. The newly supported software, called ont_dev_Platform, is a set of tools for developing smart contracts on Ontology’s blockchain. The DApp product includes a block explorer, a smart contract Integrated Development Environment (IDE), SmartX, and an Ontology test environment. According to the announcement, this addition makes the project “one of the first public blockchains to have a development platform on the leading cloud provider marketplaces.”…

The 100 Million Bitcoin Users Case

Bakkt, a digital asset platform which is set to introduce the very first physically-settled bitcoin futures, will launch later this year. And, according to Alec Ziupsnys, the launch could legitimize the dominant cryptocurrency before 100 million potential users per week. The chief innovation officer at BlockEdge Capital tapped on how Bakkt’s partnership with Starbucks was a key to bitcoin awareness. He suggested that the American coffeehouse chain was processing the mobile transactions of up to 25.6 million every day. In comparison, Apple Pay and Google were handling a lesser 24.5 million…

Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion

Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour. Bitcoin (BTC) broke the $4,150 mark again today before falling back under $3,900 to press time, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 5 percent on the day, trading at around $3,806, about 10 percent down from its…

How CEO Sees NEO 3.0 Blockchain Being Used By Everyone From VCs to Potato Farmers in 2020

NEO’s 2019 DevCon event in Seattle started off with a bang when the company’s Co-Founder, Da Hongfei, opened the event with a speech focused on the promise of the smart economy, and shared his views on how NEO will help guide the world towards a new, tech-based, future. Importantly, Hongfei expressed an ardent belief that the smart economy is much more than a simple movement within the financial ecosystem and will ultimately prove to be the next stage in world economic development, moving the world away from an industrial-based economy…

BitMart and Paxful Team Up to Generate Crypto Liquidity

On February 21, 2019, peer-to-peer bitcoin marketplace Paxful announced a partnership with trading platform BitMart for the purpose of vastly increasing the latter’s liquidity and scalability. In a company statement, Paxful claimed that this project was initiated “in the hopes of increasing liquidity and scalability” across the entire crypto asset industry. Paxful’s model for peer-to-peer transaction has made waves in the crypto space all around the world, with its CEO expressly claiming that a company goal is to use bitcoin for the world’s general welfare, and the company building schools…

IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent

An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019. $5,000 in 2019, $1 Million Someday As the discussion drew to a close, the IBM executive was asked about what he believes the price of bitcoin will be by the end of this calendar year. He opined that bitcoin…

Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up: Figure 1: BTC-USD, Hourly Candles, Consolidating Pennant The pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.” It’s characterized by consolidating volume and consolidating price that yields lower highs and higher lows and has general upper/lower trendlines. This particular pennant is quite sizable as it…