Block Network

July 27, 2020

Bloomberg: A Key Metric Suggests Bitcoin Price Above $12k

Bloomberg is optimistic about Bitcoin price advancing beyond $12,000 in the near future on the strength of on-chain and off-chain indicators. Bloomberg’s mid-year report indicates that the price of Bitcoin (BTC) could soon rise above $12,000.Active addresses on the riseThe report contends that both on-chain and off-chain indicators for Bitcoin point to the asset’s appreciation. […]

Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?

Bitcoin price set a new 2020 high after the price surged through the multi-year resistance level at 10,500. Bitcoin (BTC) price rallied within $50 of the $11,000 mark after managing a strong breakout above the $10,500 level. For the past 6 months analysts have kept a laser sharp focus on the key level and many […]

Self-Service Platform Issues Security Tokens Backed by Real-World Assets

Tokenizer is putting the tools to turn real-world assets into security tokens within the hands of the everyman. Tokenizer is a new self-service platform launching July 29 which provides a fully compliant blockchain issuance solution for asset-backed security tokens.This will allow businesses and individuals to tokenize their assets with zero technical or coding skills, which […]

Price Analysis 7/27: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS

Bitcoin has made a decisive move above $10,500, which is likely to boost sentiment and pull several altcoins higher. Gold made a new lifetime high today, eclipsing the previous high made in 2011. This is possibly the result of investors buying the asset as a way to hedge against the possible debasing of fiat currencies […]

Smart Contract Language DAML Is Now Available on R3’s Corda

R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language. DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain.Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on R3 commercial blockchain platform, Corda Enterprise.A […]

Garmin Could Face Sanctions if $10M Ransom is Paid

The leader of the cybercriminal group Evil Corp reportedly led the attack against Garmin. Garmin, a multinational tech company, has been operating at less than full capacity following a ransomware attack launched by the Russian cybergang, Evil Corp. Garmin is being extorted for a $10 million ransom, to be paid in cryptocurrency.According to a report […]

TD9 and Exchange Inflows: Reasons for Caution as Bitcoin Hits $10,440

The price of Bitcoin hit $10,463 on BitMEX, slightly below the June peak. But the TD9 and exchange inflows suggest a BTC pullback is very much possible. The price of Bitcoin hit $10,463 on BitMEX, slightly below the previous peak in June. But two indicators are signaling a BTC cool-off: TD9 and exchange inflows.The price […]

Review: Pavillion Hub and 22nd Century Racing Series

Pavillion Hub brings blockchain technology to the Steam gaming platform, and 22nd Century Racing Series is a worthy showcase of the possibilities this enables. As blockchain technology continues apace in its quest to infiltrate and improve the gaming sector, multiple platforms have been springing up to vy for your attention.Earlier this month Cointelegraph reported on […]

DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution

Industry observers say unchecked yield chasing may have negative consequences on the fledgling DeFi market. Three years on from the initial coin offering mania of 2017, decentralized finance is the new hype. Spurred on by the promise of high annual gains, traders appear to be sowing heavily in crypto’s latest yield-generating arena that is DeFi. […]

Polkadot Passes Proposal to Make DOTs ‘More Ergonomic’

Polkadot’s first major voting proposal passed with 86% in favor of multiplying the DOT supply 100-fold. The first token-based vote on the Polkadot network passed in favor of multiplying the DOT supply 100-fold.As announced on Monday, a proposal to give DOTs a “more ergonomic” value was accepted by the community with 86% of the votes […]