The Implications of Fusing 5G and Blockchain

Analysts have been anticipating the implications of the Internet of Things (IoT) for several years. However, there have been two main impediments to its success: capacity and security. But now, the introduction of a new technology could change that. This year, major carriers like AT&T and Verizon will be introducing 5G, the latest generation of cellular mobile communications. The 5G platform brings a high data rate, reduced latency, energy savings, cost reduction, higher system capacity and massive device connectivity, according to analysts. The combination of 5G and blockchain technology has…

Japan’s Largest Railway Company Considers New Crypto Payment System for Transport Cards

Kazuhiro Tokita, representative director, board member and president at Japanese cryptocurrency exchange DeCurret, unveiled a new cryptocurrency payment system during a business presentation in Tokyo on March 27. Cointelegraph Japan reported on the presentation the same day. The new system would enable the SUICA payment card issued by the East Japan Railway Company (JR East), Japan’s biggest railway company, to be topped-up with cryptocurrency. Still, the report points out that there are no concrete plans as of press time, and that JR East is only considering the implementation. Data released…

EOS Slide 4.7 Percent, Prices Reacting to BitHumb Heist?

EOS down 4.7 prices in last day but bullish Three million EOS are missing from BitHumb’s hot wallets. $12.5 million worth of BitHumb’s EOS are missing, but other exchanges are taking assisting in recovery. In response, EOS prices are down 4.7 percent in the last day in an adjustment of Mar 28-29 overvaluation. EOS Price Analysis Fundamentals For the second time, BitHumb, the South Korean exchange, which claims to be ISMS certified and applying multi-signature withdrawal scheme is once again a victim of hacking, less than a year after the…

BitStamp, Bitso Ripple (XRP) Volumes Spike, Will Prices Follow Suit?

Ripple prices up 1.3 percent Volumes surge as xRapid benefits flow Bitstamp, Bitso, and Coins.Ph XRP related volumes are surging. As a results, it could support Ripple (XRP) prices as xRapid is now commercially available. Now that prices are steady in a bullish arrangement, it is likely that prices will break higher towards 40 cents as our trade conditions come to live. Ripple Price Analysis Fundamentals We are in the early stages of a remittance revolution. Banks changing their time-tested systems in response to new technology seldom happen. They need…

Tezos, Cardano, EOS, Binance Coin, Neo

The crypto community will have to wait till the second half of May to know the fate of the Bitcoin ETF applications by VanEck and Bitwise, as the US SEC has again delayed its decision. Very few people expect the Bitcoin ETF to see the light of the day in 2019. Hence, even if it is not approved, the impact on crypto prices is likely to be limited. However, if the ETF is approved, it will be a pleasant surprise and will give a major boost to crypto prices. Currently,…

Bitcoin (BTC) Above $4,000 But Swedbank is now “restrictive” to Crypto

Bitcoin price stable and bullish Swedbank says crypto tools of money laundering and terrorist financing Transaction volumes low despite recovering prices Ironically, Swedbank is now restrictive to cryptocurrency transactions because they want to prevent “money laundering and terrorist financing.” That’s after their publicized involvement in a $151 billion money laundering scandal. All in all, Bitcoin (BTC) prices are on up, trading above a main resistance trend line. Bitcoin Price Analysis Fundamentals What a weird way to deal with emerging issues. Well, barely days after firing their CEO, Birgitte Bonnesen, Swedbank…

PwC is Top Recruiter for Blockchain-Related Jobs on Indeed, Big 4 Auditing Firms Follow

Big four auditing firm PricewaterhouseCoopers (PwC) is the top recruiter for blockchain-related jobs on recruitment platform Indeed, search results showed at press time on March 30. At press time, PwC is responsible for 40 blockchain-related job offers on the platform. Other big four auditing firms are apparently recruiting professionals in this niche on the platform: more precisely, Ernst & Young posted 17 such announcements, while Deloitte posted 10. This leaves KPMG as the only big four auditing firm not recruiting blockchain professionals on the platform. Tech giants IBM and Oracle posted…

Bitcoin Stays Near $4,100 as Top Cryptos See Mixed Movements

Saturday, March 30 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) stays near $4,100. Market visualization courtesy of Coin360 Bitcoin has seen nearly no price movement on the day, trading at around $4,095 after having reported a mid-day high of $4,275, according to CoinMarketCap. Looking at its weekly chart, the current price is nearly one and three quarters of a percent lower than the value of BTC one week ago. Bitcoin 7-day price chart courtesy of CoinMarketCap Bakkt, the company…

Former IBM and Cisco Executive Tom Noonan to Join Bakkt as Chairman of Board

Kelly Loeffler, the CEO of institutional trading platform Bakkt, announced that former cybersecurity expert at IBM, Cisco and Endgame Tom Noonan will become the chairman of its board of directors. The development was reported in a Medium post published on March 29. Per the announcement, the founder, chairman and CEO of the Intercontinental Exchange (ICE) and chairman of the New York Stock Exchange (NYSE) Jeff Sprecher is also joining the board of directors of the company. Alongside him, the post further welcomes Softbank managing partner Akshay Naheta and managing partner…

Crypto Bear Market Ended in Jan 2018, Says Analyst

On Friday, economist and global markets analyst Alex Krüger ‏said that the crypto bear market has been over for more than three months and if bitcoin breaks out of the $4,200 resistance level, it will mark the end of the 15-month bear trend. “The crypto bear market has been over for three months now. BTC breaking above 4200 will mark the end of the bear trend that started in January 2018. Going to miss this big fellow,” Krüger said. The bitcoin price has remained relatively stable in the $3,400 to…