Crypto analyst Benjamin Cowen recently posted on youtube a theory on the evolution of the crypto market. Its method is called the logarithmic regression band and refers to the value that the total ceiling of the crypto market reaches after a period of growth. Cowen shows that, after a bubble disappears, the total capacity of…
China publishes new ranking of crypto projects The Chinese Center for Information and Industry Development has published the latest ranking of crypto projects. This time, 37 projects were evaluated, two more than the previous ranking. EOS remains in the top of the overall standings, followed by Tron and then Ethereum. In December, Tron came in…
A recent report by JPMorgan Chase suggests that current developments in blockchain are the basis of digital money, but it will take years for mass adoption to become a reality. JPMorgan analysis points out that institutions have gone beyond the stage of experimentation with blockchain technology. Many scholarships and financial organizations have already started to…
24 pharmaceutical companies have decided to collaborate on a blockchain project to prevent drug counterfeiting. Created under the name MediLedger Network, the organization includes the largest US drug manufacturers and distributors. The 24 participating companies include Amgen Inc, FedEx Corp, GlaxoSmithKline Plc, Novartis, AmerisourceBergen Corp, Sanofi, Pfizer Inc, Walgreens Boots Alliance Inc and Walmart Inc….
Swedish Central Bank Riksbank announced last week that it would begin testing for a digital currency based on blockchain – e-krona. The Sveriges Riksbank e-krona pilot project is the latest attempt by the central bank (CBDC) digital currency. The representatives of the institution provided details regarding the technical aspects of the system. Built by Accenture…
Gold lawyer Peter Schiff has once again stirred controversy with his prediction that Bitcoin will fall to $ 3,000. According to the CEO of Euro Pacific Capital, this will happen before the gold reaches this value. #Gold is up another $ 27 so far today, above $ 1,640, the new 7-year high in the U.S….
Bank of England chief cashier Sarah John said it is “crucial” for central banks to investigate digital currencies. In his opinion, this is especially important from the perspective of the initiatives of launching these coins by private companies. Sarah John said it was “really important” for the bank of England and other central banks to…
The traditional financial market is based on centralization. The central authorities issue the currency which is subsequently used by banks, governments and traders. Therefore, central banks have the power to manage and regulate the flow and supply of these currencies on the market. The population has several ways to multiply their money – in most…
Revolut, the UK digital bank that we no longer present and which allows us to invest in cryptocurrencies like Bitcoin, has lifted $ 500 million during a Series D financing round. Last fall, Revolut announced his intention to collect $ 500 million to accelerate its international expansion. It’s now done, reports TechCrunch, with a fundraising…
According to some, there is a correlation between the trend of cryptocurrency exchanges and the spread of coronavirus. Others point out that this correlation does not necessarily translate into causality. Mati Greenspan, the founder of Quantum Economics, expressed his views on the apparent connections between the two events. "So far, I don't see any direct…
