TipRanks To Launch Cryptocurrency Data and Analytics Platform in Q2 (FinanceMagnates.com)
TipRanks, a US-based financial analyst ranking service, has expanded its offering into the cryptocurrency space with the launch of CoinWatch, which provides investors with historical data and real-time analytics on +1,000 different virtual coins. CoinWatch operates as an advanced data aggregation and AI analytics platform for cryptocurrencies, providing the investors community with a complete view of the market. The new tool enables users to make sense of the crypto landscape though a diverse range of comprehensive functions.
BitPay Merchants Can Now Receive Bitcoin BCH Payments (CoinGeek.com)
The wait is finally over for BitPay merchants wanting to accept payments made directly in Bitcoin Cash (BCH). On Wednesday, the cryptocurrency payment processor announced that its affiliated merchants-over 100,000 of them-can now “do business with a growing, passionate community of Bitcoin Cash users” via a new feature that directly accepts Bitcoin BCH, the cryptocurrency with a market capitalization of over $15 billion.
Pixabay/Public Domain
New Partnership Between Etherparty and CoinPayments Enables Users to Buy FUEL with Over 55 Cryptocurrencies (PRWeb.com)
Etherparty Smart Contracts Inc., a blockchain technology company providing smart contract solutions for enterprise and everyday use on the world’s most popular blockchains, is excited to announce a new partnership with cryptocurrency payment gateway provider, CoinPayments. Users will now be able to use over 55 cryptocurrency varieties currently supported by CoinPayments to purchase the digital token, FUEL. FUEL tokens are required to purchase all services on Etherparty and its associated products, like the soon-to-launch, Rocket, a cryptocurrency crowdfunding platform designed for the everyday Internet user.
Sharding Is Already Ushering in Radical New Ethereum Designs (CoinDesk)
So-called “sharding” may still be theoretical, but the promising implications of the concept are becoming more and more real. At least that’s the case on ethereum, where developers are beginning to see the scaling solution, which would essentially split the blockchain into parts that would run on different servers, as an opportunity to test fundamental assumptions about one of the world’s largest cryptocurrencies. Although initial roadmaps are just now being discussed, ambitious coders are already jumping to introduce protocol-level redesigns that could be made possible by the upgrade.
Ford Patents a New Cryptocurrency System for Car-to-car Communication (LiveBitCoinNews.com)
There has been a growing influx of new cryptocurrencies as of late. Various projects and companies want their own token to perform specific tasks. It now seems Ford is thinking along the same lines, at least as far car communication is concerned. A patent has been filed for this specific venture, although nothing has been set in stone as of yet. Ford is a car company trying to innovate just like everyone else. With their focus on car-to-car communication, interesting things are bound to happen. A new patent filed by the manufacturer raises a lot of questions, though. More specifically, it seems as if the company wants to develop a new cryptocurrency for this specific purpose.
Ripple Joins Hyperledger Blockchain Consortium (CoinDesk.com)
Distributed ledger startup Ripple has joined the Linux Foundation-backed Hyperledger blockchain consortium. Hyperledger announced Wednesday that Ripple is among fourteen companies to join the group, which first launched at the end of 2015 and to date has added more than 200 firms and organizations to its ranks. Also joining the group is CULedger, a separate consortium backed by a group of credit unions that last year formed an industry-focused services company. “Through our partnership with Hyperledger, developers will be able to access Interledger Protocol (ILP) in Java for enterprise use,” Ripple CTO Stefan Thomas said in a statement.
Cardano Could Beat Ripple and Ethereum in Their Own Terrain (ZyCrypto.com)
Cardano is the seventh most important altcoin of the entire crypto ecosystem. It is one of the most complicated projects to understand at first glance, yet it has a dedicated academic team behind it. It is defined as a third generation blockchain, which aims to solve the problems that the rest of the blockchain have not yet been able to overcome. It is curious that even though it is a project in development, it has such a large marketcap and such a strong fan base that even among the masses it has much more credibility than other projects already completed. The enthusiasm it generates is so great that many dare to speak about a” Fever”. Some of Cardano’s followers are ADAliebers, but they are rightly so.
Why Bitcoin’s ‘Death Cross’ May Be a Bear Trap (CoinDesk.com)
Bitcoin risks entering a technical “death cross” soon, but the bearish signal will likely not be as severe as has been made out in reports. A death cross occurs when the 50-day moving average (MA) cuts the 200-day MA from above (bearish crossover), indicating a long-term bear market going forward. As seen on the bitcoin daily chart below, the 50-day MA looks set to dip below the 200-day MA imminently.
CoinDesk Korea to Cover Cryptocurrency & Blockchain Sectors with South Korean Hankyoreh Partnership (CrowdFundInsider.com)
CoinDesk, Inc, a digital media, events and information services company for the crypto and blockchain community, has partnered with South Korean daily newspaper The Hankyoreh to help launch the new CoinDesk Korea. With the new partnership, The Hankyoreh will translate and distribute CoinDesk’s daily news in Korean, while also adding in its own original reporting on the burgeoning blockchain industry. “Blockchain technology is a truly global phenomenon, and with it’s come a growing demand for the daily industry news, research, and insights that CoinDesk has provided for several years now,” noted CoinDesk CEO Kevin Worth.
Australia To Open Public Forum For Feedback On Cryptocurrency Taxation (CryptoDaily.co.uk)
This week the Australian Taxation Office, a branch within the Australian Government have announced plans to open a public consultation in order to gain opinions on how the government should handle the taxation of cryptocurrencies. This perhaps suggests to me that Australia’s government are open to totally free cryptocurrency operations but want to see if the public agrees with them first, a very democratic move indeed. Interestingly though, they do already have a policy in place known as the ‘Tax Treatment of cryptocurrencies’ policy, therefore its doubtful that they would go back on themselves if the public said otherwise, surely?
