[ad_2][ad_1] Gothenburg, Sweden – November 20, 2020 (Investorideas.com Newswire) According to a new research report from IoT analyst Berg Insight, the number of active aftermarket automotive telematics units will grow at a compound annual growth rate (CAGR) of 14.6 % from 77.1 million at the end of 2019 to 152.1 …
Read More »Big banks are taking small steps towards commercializing the blockchain
[ad_2][ad_1] LONDON – A few years ago, blockchain was the talk of the financial services industry. Several large banks were testing the technology, lured by the promise of improving some of the industry’s oldest processes. This year, investors could be forgiven for wondering where the blockchain has gone. After much …
Read More »Video: another bitcoin bubble? Supporters hope this time around is different
[ad_2][ad_1] Editor’s Note: The following is a transcript of the accompanying video. © 2020 Thomson Reuters. Bitcoin is back. It rose to the pinnacle of its all-time high in 2017, and supporters hope there is less chance of an accident this time around. But it hasn’t made it to the …
Read More »ETH could follow breaking BTC to reach previous highs
[ad_2][ad_1] Ethereum held in smart contracts has risen while that in exchanges has declined in recent months ETH sitting in smart contracts increased between June and October, climbing around 5% over this period. The percentage of ETH currently in smart contracts is 17% from 11% in June. Traders have invested …
Read More »Wallets with 1 ETH hit an all-time high while Ethereum tops $ 500
[ad_2][ad_1] Key points The number of ETH wallets with 1 ETH or more is an all-time high. ETH held on centralized exchanges is at an annual low as investors prepare to hold funds. Deposits for the ETH 2 smart contract are at 20%, a strong key indicator. Share this article …
Read More »BlackRock’s Chief Investment Officer says Bitcoin could replace gold to a large extent
[ad_2][ad_1] Tip Ranks Billionaire Ken Griffin Bets On These 3 “Strong Buy” Shares Shares have risen since late October, buoyed by an election that could offer stability and news that effective vaccines for the novel coronavirus are closer than we dared to think. Rapid changes in the market are enough …
Read More »Bitcoin Cash is poised for a $ 300 breakout if bulls support gains above a large resistance area
[ad_2][ad_1] Bitcoin Cash will rise to $ 300 versus the US dollar if bulls break out and maintain momentum above $ 260 The price of Bitcoin Cash (BCH) could rise towards its August 2020 peak if the bulls manage to break out of a resistance line formed on August 2. …
Read More »Ripple partner Xago uses XRP to move money across Africa
[ad_2][ad_1] Ripple partner Xago says it receives substantial investment to expand its cryptocurrency services into African markets. Xago operates a regulatory compliant XRP / South African Rand (ZAR) exchange that bypasses traditional payment tracks and allows customers to quickly move money across borders. The company announced this week that it …
Read More »Ripple partner Xago uses XRP to move money across Africa
[ad_2][ad_1] Ripple partner Xago says it receives substantial investment to expand its cryptocurrency services into African markets. Xago operates a regulatory compliant XRP / South African Rand (ZAR) exchange that bypasses traditional payment tracks and allows customers to quickly move money across borders. The company announced this week that it …
Read More »Tim Draper, Pantera Capital supports the new crypto derivatives exchange
[ad_2][ad_1] Some of the biggest names in the blockchain have given their weight to a new cryptocurrency derivatives exchange, signaling that the next bull market could be led by institutional investors. Crypto derivatives platform Globe raised $ 3 million in seed investments to launch its Globe Derivative Exchange. The new …
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