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Price Analysis 13/12: BTC, Cryptos Prepare for Possible ‘Santa Rally’

Price Analysis Data from CoinMetrics shows that crypto whales now hold 42.1% of Bitcoin’s current supply. This is a slight increase compared to 37.9% two years back and analysts have interpreted the increase as a positive sign, as it shows large investors have been accumulating Bitcoin during its ..

Ether Price Targets $160 as Altcoins Rally and BTC Trades Sideways

Market Analysis Altcoins continue to take advantage of Bitcoin’s sideways trading and traders who take a quick glance at the altcoin-to-Bitcoin pairings at their exchange of choice will notice that many of the altcoins are again posting double-digit gains. At the time of writing, THETA is up 13.2..

ConsenSys Is Reportedly Shutting Down Offices in India and the Philippines

News Consensys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices will be closing down. On Dec. 11, Coindesk reported that sources familiar with the matter confirmed that the local offices in India and the Philippines would indeed be shut down, howev..

Waves To Launch Blockchain-Agnostic Interoperability Protocol

News Open-source blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. It will also operate as a data oracle, feeding data from the outside world to the blockchain. Sasha Ivanov, founder of Waves platform and Waves Enterprise, anno..

Price Analysis 11/12: BTC and These 9 Cryptos Set to Resume Downtrend

Price Analysis Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures listed on the Chicago Mercantile Exchange. According to the ..

Nike Wins Patents to Tokenize Limited-Edition “Breedable” Shoes (& More) on Ethereum

American footwear and apparel powerhouse Nike appears primed to be the latest major oncomer to the arena of tokenization — that is if a patent the company has just received from the U.S. Patent and Trademark Office (USPTO) is any indication. The patent, first filed back in the spring and awarded by..

Ethereum Ice Age May be Imminent If Miners Withdraw From Network

Analysis The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a proof-of-stake algorithm takes place. In the lead-up to the Istanbul upgrade, implemented on Dec. ..

Santander Redeems $20M Bond Using Ethereum Blockchain

News Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows that the public Ethereum blockchain can be a..

Nike Patents a System for Tokenizing Shoes on Ethereum’s Blockchain

News Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain, dubbed CryptoKicks. The patent — dated Dec. 10 — describes a digital asset for footwear and ways to use it. One implementation of the technology described in the document is an Ethe..

After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings

News China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. The Center for Information and Industry Development (CCID) released the list on Dec. 6, ranking 35 assets in total. In the..

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