On June 10, shares of Tesla Motors soared to a new high of $1,027, thus cementing its reputation as a Wall Street darling. Soon after the closing bell, analysts who follow both Tesla and the cryptocurrency markets noticed an interesting correlation: the American automaker now boasts a market capitalization…
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99Crypto
What Investors Think the Value of Bitcoin Will Do Soon
The Nasdaq, which is a stock index that represents mostly technology companies, went past the 10,000 mark and reached a new high this week. Some of the stocks on the Nasdaq include Microsoft, Alphabet and Amazon. This rise of value has erased all of the losses incurred as a…
Alchemy Notify Aims To Remedy User Experience Problem With Blockchain Apps
For all the technological advances driving the pace of cryptocurrency development, having to refresh native or web applications in order to confirm transaction completion feels like a remnant of 20th century computing. For most blockchain networks that support currency tokens, transaction verification is not something that takes place instantly; users…
Lower Bitcoin Reserves May Result in a Bullish Market Rally
Now that Bitcoin traders are starting to sync with their Wall Street counterparts, there are a few reasons why they may extend the bullish rally that has been experienced since April. Now that the highly psychological $10K price level is once again possible, cryptocurrency investors will likely ride the positive…
Pilot Blockchain Program Providing Notary Servies Introduced in Suzhou, China
On June 5, Chinese media outlets reported that pilot program powered by blockchain will provide a big range of notary services in Suzhou, China. The information from China Quality News from local authorities states that the program plans to help millions of citizens easily access legal and government services through…
Serious Ransomware Attack Has Security Experts Worried About Cryptocurrency Exchanges
A provider of information technology services for the top United States space agency has fallen victim to a ransomware attack. Just a few days after the historic launch of a Dragon space capsule with two American astronauts who ultimately docked with the International Space Station, NASA officials reported about a…