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Showing posts from June 30, 2018

Crypto Markets Rebound Significantly After a Week of Losses

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By Helen Partz Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with  Cardano  (ADA) being the biggest winner - up 18.6 percent over the past 24 hours, according to  Coinmarketcap . Market visualization from  Coin360 Bitcoin is up around 8 percent over the 24 hour period, trading at  $6,391  at press time. Bitcoin price chart. Source: Cointelegraph  Bitcoin Price Index Ethereum  (ETH) is currently at  $457 , with an increase of around 12 percent over the past 24 hours. Ethereum price chart. Source: Cointelegraph  Ethereum Price Index The total market cap has seen substantial growth in 24 hours to press time, up from yesterday’s $232 billion to  $258  billion today. Total market capitalization chart. Source:  Coinmarketcap Cardano is up the most among the top ten coins by market cap. The cryptocurrency is up 18.6 percent in 24 hours to pr

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Microsoft Partners With Two Asian Firms on Blockchain Platform for Enterprises

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By Helen Partz The Taiwanese subsidiary of tech giant  Microsoft  has partnered with tech investment company  China Binary Sale Technology  and High Cloud to create a platform for enterprise  blockchain development, according to a  press release  from Microsoft June 28. Microsoft will provide its  Azure  cloud platform as a base for China Binary’s blockchain service. The three-part partnership reportedly intends to transform various industries such as finance, e-commerce, and entertainment, focusing on the Asia-Pacific region. Taiwan Microsoft’s general manager Sun Jikang expressed his confidence about Microsoft’s ability to improve the security and operation speed of China Binary’s blockchain service. He also highlighted the technical potential of Taiwan, noting its “solid manufacturing” and Research and Development (R&D) foundation, as well as “excellent geographical location.” China Binary’s founder Sun Jiangtao noted the crucial role of blockchain technology in finte

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