said that he expects the global economy will be 10 times larger in 10 to 20 years, when blockchain is fully ramified, and blockchain will be involved in most of it. Lubin made the statement at the SXSW conference in Austin on March 14.
During the same keynote, Lubin also pointed out that just as nowadays there aren’t many “normal” people using blockchain-based systems, “there weren’t a lot of ‘normal’ people firing email around in 1983.”
Source
Financial institutions haven’t set up cryptocurrency bank
accounts as of yet. Custody of crypto is
the bridge currently being built to transfer that
Isn’t it comical…this is the best thing about the main stream media. It gives you major turns. The mainstream media has ZERO idea what they are talking about 85% of the time. Like really Wall Street Journal? You have the audacity to write this article now? When the chart actually looks good and Bitcoin is Down 85% from highs? Lmao.
I’m not really surprised at all by this. Crypto is still in its infancy and probably inning 2 of this 9 inning game. It will come out of its 6th consecutive bottom ripping to all time highs…getcha popcorn ready. The
Isn’t it comical…this is the best thing about the main stream media. It gives you major turns. The mainstream media has ZERO idea what they are talking about 85% of the time. Like really Wall Street Journal? You have the audacity to write this article now? When the chart actually looks good and Bitcoin is Down 85% from highs? Lmao.
I’m not really surprised at all by this. Crypto is still in its infancy and probably inning 2 of this 9 inning game. It will come out of its 6th consecutive bottom ripping to all time highs…getcha popcorn ready. The
DSW Inc., together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.
Today DSW announced their fourth quarter earnings today. The company lost $0.07 / share, but Wall Street was looking for a $0.03 gain. In addition, gross margins dropped to the lowest level in three years. For the current year, DSW expects earnings / share in the range of $1.80 to $1.90 vs analysts’ expectations of $1.94.
Financial technology or fintech for short, is the new technology that aims to compete with the traditional banking industry in delivering / selling financial services and solutions to customers. When I think of Fintech, I immediately think of Paypal and Square.
Square Is No Circle
StoneCo Ltd. provides financial technology solutions that empower merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. StoneCo, a payment processing company based in Brazil that went public last October.
Credit and debit card transactions in Brazil grew 14.7% in the third quarter from a year earlier, as more Brazilians used
LinkEye (Huobi: LETUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, LinkEye began a wave one advance on January 28 this year. The red wave one finished on February 24, and the red wave two correction ended on March 4. The red wave three advance finished on March 10, and the red wave four correction ended on March 14. If this wave count is correct, LinkEye should be heading next towards the March 10 peak in the red wave five.
Enjincoin (ENJ) has made remarkable upwards leaps and bounds over the last month, putting even well performing coins such as BNB to shame. So what’s the clever play now? Sell it? Buy it? Hold it?
I’m holding mine. Here is why:
They say lightning doesn’t strike twice. They’re wrong.
Within a time period of a mere two weeks, ENJ more than doubled in value, not once, but twice!
Made by Bit Brain with TradingView
Three weeks ago (just after the first big climb) I made a comment on someone else’s ENJ post. I was then asked:
New Zealand-based cryptocurrency exchange Cryptopia has resumed trading on 40 trade pairs, according to a tweet from the firm on March 18.
In the tweet, the company announces that it has “resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.” The update follows the exchange’s recent announcement of the plans to reopen trading on its platform by the end of March, following a $16 million hack in mid-January. In January, Cryptopia suspended services after detecting a major hack that reportedly “resulted in significant losses.” The platform had initially informed the public it was undergoing unscheduled maintenance, issuing several updates before officially disclosing the breach.Almost 90 percent of cryptocurrency exchanges’ reported trade volumes may be incorrect, new research from trading analytics platform The Tie warned in a digest released on March 18.
Reporting on figures gathered from 97 exchanges, researchers found that the vast majority of the volume claimed to come from users may not in fact exist.
The revelations came as a result of calculations of lesser-known exchanges versus well-known businesses such as Binance and Kraken.
IBM is taking its banking clients a step closer to cryptocurrency.
Announced Monday, six international banks have signed letters of intent to issue stablecoins, or tokens backed by fiat currency, on World Wire, an IBM payment network that uses the Stellar public blockchain. The network promises to let regulated institutions move value across borders – remittances or foreign exchange – more quickly and cheaply than the legacy correspondent banking system.
So far three of the banks have been identified – Philippines-based RCBC, Brazil’s Banco Bradesco, and Bank Busan of South Korea – the rest, which are soon to be named, will offer digital versions of euros and Indonesian rupiah, “pending regulatory approvals and other reviews,” IBM said.
BlockFi’s interest-yielding deposit accounts, launched in beta in January and fully live this month, have attracted more than $35 million in crypto. Most of it is being lent to institutional borrowers.
BlockFi’s terms of service give the company significant leeway over how it uses depositors’ funds and what interest rate it can pay them. This flexibility is needed for the company to grow fast, CEO Zac Prince says. Institutional investors borrow crypto at individualized terms, at interest rates from 4 to 12 percent, and BlockFi can call in the loans at any time.
When crypto prices move dramatically, BlockFi manages risks by making borrowers put up more collateral or selling some of it.
BlockFi is planning to roll out new products every six months and raise more capital.
On Monday, March 18, technology giant IBM announced that its new cross-border payments network, intended to clear and settle foreign exchange transactions in seconds instead of days or weeks, is widely available.
The pilot phase of the new payment network, dubbed World Wire, was first announced in July 2018. World Wire, which went into limited production on Monday, is built on the Stellar protocol and conducts transactions using Stellar Lumens and the US dollar-pegged Stronghold stablecoin. The network currently boasts payment locations in 72 different countries and can conduct transactions in 47 <abbr title="
Government approved currency (dollars, euros, etc.) that isn’t backed by a physical commodity (gold or another commodity).
“>fiat currencies between 44 different “banking endpoints.”
“ICONLOOP is proud to take part in the ‘#AWS Partner Summit Seoul 2019’!”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Due to the Bitcoin up trend, it looks like the STEEM want start a little UP also and perhaps go test the resistance line. We are trying to break that resistance line since several days now but even we were able to do it during some hours, it was always to be rejected just under after. Let’s see if the UP that we have currently on the BTC will help us to really break the resistance line.
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On 4hr chart, its at the channel top resistance now. Unlikely to break above, maybe shadow wick up for fake breakout of the big triangle. Likely to be denial for consolidation within this top resistance and 3870 support forming a possible mini descending triangle before heading down.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :121
Total marketcap :139
Dominance :50.9
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
