Not just Wall Street: Quant trader explains why Bitcoin price is going up Sam Trabucco, a quant trader at Alameda Research, believes three general factors are pushing up the price of Bitcoin (BTC).The catalysts are increasing adoption, whales, inflows from other products into Bitcoin and influence from other markets.Alameda Research is a major cryptocurrency firm that trades between $600 million and $1.5 billion a day, trading a… Scaling-Focused Blockchain Platform MultiVAC Claims ‘Breakthrough in Sharding’ Blockchain platform MultiVAC has claimed it has reached a “breakthrough” in the blockchain scaling technology sharding, according to a press-release Nov.5.According to the company’s release, MultiVAC reported achieving 30,784 transactions per second (TPS) using 64 shards.
While the total amount of transactions for all shards used exceeded 30K at its peak, a single a… Real Estate, Blockchain and the Quantity Theory of Money The concept of illiquidity discounts, how it relates to markets like commercial real estate, and the benefits that tokenization could bring to the industry are topics that I have already discussed in previous articles.In this article, I am taking a closer look at the relationship between liquidity preference and the future demand for tokenized… Markets Fail to Hold Yesterday’s Gains, Bitcoin Trades Below $3,500 Monday, Dec.10: Crypto markets have failed to hold another recovery attempt, with nearly all top 20 coins by market capitalization in the red as of press time.After a slight bump yesterday, Dec.9, with Bitcoin (BTC) seeing its price grow from around $3,400 to more than $3,600, markets are seeing another decline as losses… Google Adds Ethereum Blockchain Dataset to Its Big Data Analytics Platform The Google Cloud team has officially made the Ethereum (ETH) dataset available in BigQuery, the company’s big data warehouse for analytics, according to a post published on Google’s official blog August 29.The Ethereum blockchain data is posted in the dataset and updated on a daily basis.
As the team explains, the tool was created to… PayPal May Ditch Facebook’s Libra Over ‘Regulatory Scrutiny’: Report Payment processor PayPal has sparked fresh concerns that it has cold feet about joining Facebook’s Libra digital currency.Libra “Pre-work” is not enough for PayPalAs news agency Financial Times reported on Oct.3, PayPal did not attend a meeting of 28 Libra backers on Thursday.The developments come on the back of existing rumors that up to… Visa Approves New DeFi-Enabled Crypto Card in EU and UK Swiss DeFi startup Eidoo partners with principal member of Visa Europe to issue a new Visa crypto debit card.2360 Total views 71 Total shares Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility.In order to build a bridge between traditional… Bitcoin Price Retakes $9.5K as Analyst Says $12K Breakout May Be Next Bitcoin (BTC) was testing $9,500 on June 16 after a recovery from near three-week lows stalled at classic resistance levels.
Cryptocurrency market daily overview.Source: Coin360BTC price focuses on $9,500Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD gaining $600 over the past 24 hours to hit highs of $9,570.On Tuesday, Bitcoin’s progress stalled, with $9,500 proving… HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19.In an interview with Forbes, Bottomley said that HSBC is “cautiously looking into this area [cryptocurrencies],” when asked about the bank’s approach to the crypto.Bottomley further explained that “there’s a use… Leave a Reply You must be logged in to post a comment.Search.
