Chrysler Building Owner Sells Stake in Zurich Property for ERC-20 Tokens and Cash

The new owner of the Chrysler Building is selling a property worth $135 million to a blockchain real-estate company, taking a fifth of the purchase price in tokenized securities. New York-based RFR Holdings, which purchased the Chrysler Building in a joint agreement in March 2019, agreed to sell its majority stake in a commercial property in Zurich to BrickMark, a Switzerland-based real estate agency. Announced Wednesday, BrickMark said roughly 20 percent of the purchase price will be paid in the firm’s BMT security token. The deal gives BrickMark 80 percent…

Ahead of Davos, What Can Cash Teach Us About Crypto?

This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk Confidential: Davos. Jill Carlson is a Principal on the investing team at Slow Ventures. The opinions below are her own. “Transactions are slow and costly.” “What is it backed by?” “Can we conduct anti–money laundering compliance?” “There are serious security flaws.”…

Bitcoin SV Officially Flips Bitcoin Cash: 3 Signs It’s Just a Pump And Dump

Bitcoin SV price extended its rally by more than 100% and climbed above $400.00. BSV surpassed the market cap of bitcoin cash, but let’s see if this rally can continue or not. Bitcoin SV price rallied significantly and above $300.00 and $400.00 against the US Dollar. It exceeded the total market cap of bitcoin cash and moved to the 4th There is a strong support forming near $350.00 on the 4-hours chart of the BSV/USD pair (data feed from Kraken). It seems like the price is now very far from…

BSV Soars 95% Challenging Its Original Fork Bitcoin Cash for Top 5

On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750.  As reported earlier by Cointelegraph, crypto analyst Tone Vays predicted that if Bitcoin price gained above $8,600, $8,800 would serve as the next level of stiff resistance. At the time of writing Bitcoin is up 7.74% for the day and it appears that a strong trend reversal is in the making as the price has sustained above the descending channel trendline for the last 20-hours. …

Telegram Refusing to Tell SEC How It Spent $1.7 Billion of ICO Cash

The United States Securities and Exchange Commission (SEC) has filed a court order on Jan. 2 to compel the messaging platform Telegram into releasing details of how the funds raised in its initial coin offering, or ICO, have been spent. The SEC claims that the requested records are highly relevant to its ongoing case against Telegram, alleging that the $1.7 billion raised selling Gram tokens constituted an unregistered securities sale. Request for information The filing requests both testimony and documentation from Telegram relating to the amounts, sources and use of…

Bitcoin Cash Eyes Reversal After Bitcoin & Ethereum Upsurge

Bitcoin cash price is showing recovery signs from the $170 monthly low against the US Dollar. The price is currently consolidating above the $180 and $182 support levels. There is a key bearish trend line forming with resistance near $190 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to turn bullish once it settles above $190 and $195 in the near term. Bitcoin cash price is attempting an upside break above $190, whereas bitcoin rallied above $7,000. BCH/USD could start another increase…

Bitcoin Cash Facing Uphill Task, BTC & ETH Consolidating

Bitcoin cash price is facing a strong resistance near the $216 and $218 levels against the US Dollar. The price is currently consolidating in a range above the $210 support area. There is a major bearish trend line forming with resistance near $215 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must surpass the $216 resistance area to start a nice upward move. Bitcoin cash price is facing many resistances near $216 against the US Dollar. BCH/USD could tumble below $210 if it continues…

Bitcoin Cash Likely Setting Up For Crucial Upside Break

Bitcoin cash price is up around 10% from the $200 support area against the US Dollar. The price is currently consolidating gains and it seems to be setting up for more gains above $225. There is a short term declining channel forming with resistance near $222 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to surge towards $250 once it clears the $225 resistance area. Bitcoin cash price is showing positive signs above the $215 level against the US Dollar. BCH/USD remains…

Bitcoin Cash Hard Fork Sees Miners ‘Waste’ Money on 14 Invalid Blocks

Bitcoin Cash (BCH) miners appear to have wasted money mining 14 blocks on the wrong chain after the altcoin underwent a hard fork.  According to data from monitoring resource Fork Monitor on Nov. 15, Bitcoin Cash, which itself forked off from Bitcoin (BTC) in 2017, successfully split in two once again on Friday. BitMEX: Miners are “wasting resources” Despite being broadly cleaner than its previous hard fork attempts, it soon became apparent that a large section of miners had not upgraded to the new chain.  In total, miners spent resources…