Tag: Adoption

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UK health service to use blockchain to monitor COVID-19 vaccine storage

The U.K.’s National Health Service will implement an IoT solution built on the public distributed ledger network Hedera Hashgraph in order to monitor the storage of its COVID-19 vaccine supplies. Public distributed ledger network Hedera Hashgraph is being used by a United Kingdom-based digital asset tracking provider called Everyware to provide the country’s National Health…
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Risk management in crypto: Aka ‘the art of not losing all your money’

To attract and retain the interest of institutional traders, we need advanced risk management tools that can maximize gains for investors. Risk management is a vital element of success for any trader in any market. No matter the size of the capital you’re trading with or investing in, losses are going to be inevitable, particularly…
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Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano

Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world. Charles Hoskinson predicts that the Decentralized Finance sector will acquire 100 million users within the next three years by tapping into the developing world’s market potential. “Who’s actually going to do peer-to-peer loans? Who’s actually going to do peer-to-peer…
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CME’s Bitcoin futures facilitated over 11 million BTC in volume last year

Last year was a volatile one for Bitcoin and other cryptocurrencies. The Chicago Mercantile Exchange, or CME, has recorded significant volume for its Bitcoin (BTC) futures trading product over the course of the last 12 months. “More than 2.2+ million contracts were traded in 2020,” a CME representative told Cointelegraph. Each cash-settled Bitcoin futures contract at…
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‘Thankfully’ my son owns Bitcoin, says $140B asset management CEO

Howard Marks hints that he is becoming the latest Bitcoin naysayer to change his tune completely in a new memo to investors of Oaktree Capital. Bitcoin (BTC) at $34,000 may have gained a new convert after billionaire investor Howard Marks admitted that he needed to change his “skeptical view.” In his latest investor memo dated…
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‘Why I’m not investing in nothing burger Bitcoin’: Shark Tank’s Kevin O’Leary

Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it. Businessman Kevin O’Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he might purchase more Bitcoin. In an…
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Trader comforts the market’s traumatized first timers amid falling prices

Bitcoin’s recent 28% drop has been a somewhat harrowing experience for some first time buyers. Known for its volatility, Bitcoin (BTC) recently fell more than $11,000 over a four-day period after weeks of soaring price action. Amid a fresh bull cycle, Bitcoin has likely picked up its fair share of new buyers — some of…
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Goldman Sachs says Bitcoin is on the path to maturity

Analyst Jeff Currie believes more institutional money is needed to stabilize the market. In an interview with CNBC, Currie said Bitcoin’s remarkable run has attracted greater institutional interest, but noted that smart-money investors are still a tiny fraction of the overall market. They will need to come in droves for Bitcoin to become a stable…
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Underhyped? Bitcoin sentiment lags despite bull run

Bitcoin hype has never been quite the same since 2019, according to this metric. Since its drop below $4,000 in March 2020, Bitcoin (BTC) has ridden a bullish trend all the way past its 2017 all-time high, recently hitting almost $42,000. During that time, however, Bitcoin’s Twitter activity has underperformed in comparison to its price. …
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MicroStrategy stock finally takes a breather following massive BTC-inspired rally

MSTR declined by as much as 12.6% on Monday as Bitcoin pulled back sharply from $40,000 levels. Shares of MicroStrategy (MSTR), a business intelligence firm with considerable exposure to Bitcoin (BTC), declined sharply on Monday as profit-taking ensued following a parabolic rally over the past month. The stock touched an intraday low of $464.51 in…
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