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Avnet & BitPay: Where Adoption Could Go From Here

Avnet is one of the biggest electronic component distributors in the United States and with more than $17 billion in revenue, you can see the company is doing well. The capitalised Fortune 500 firm has recently teamed up with the Bitcoin and Bitcoin Cash payment processor BitPay and because of this tactical move, Avnet is the third major corporation in the United States to accept crypto payments after Microsoft and Dell. “When a customer elects to purchase with Bitcoin (BTC) or Bitcoin Cash (BCH), Avnet will work with BitPay to verify the funds, process the order and complete the transaction....

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Shelley Upgrade Getting Ready On Cardano

Cardano is one of the biggest cryptocurrencies in the space at the moment. The team have released the 1.5 version earlier this week which is a key step towards its highly anticipated Shelley release. It is getting closer to ditching cryptocurrency miners and running as a proof of stake blockchain. The latest version introduces a large volume of changes aimed at smoothing over the transition from its current state, dubbed as Byron, towards Shelley which fans have been anxiously awaiting. As well as other things, the Shelley upgrade which will integrate a new consensus protocol, Ouroboros BFT which assists the...

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Will TRON Keep Prevailing Over Ethereum

Since smart contracts came onto the blockchain, the race has been on between dApp platforms to lead in the space. Even though mainstream adoption of blockchain and crypto is years off, this has given some of the top crypto projects to fight for the number one spot in the meantime. Ethereum is currently the most renowned blockchain platform, but its transaction speed and scalability issues give developers a reason to doubt it. Ethereum is the second biggest cryptocurrency in the market right now but there seems to be another project that is showing a lot of promise, TRON. TRON made...

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Sally Ho's Technical Analysis 21st March

BTC/USD (Bitcoin/ US dollar) Bitcoin (BTC/USD) continued its move higher and printed at its Highest level since 24 February 2019, with Stops triggered above the 4026.62 level, representing the 76.4% retracement of the move from 4239.37 to 3337.87. During the pair’s climb to 4044.82, Stops were also elected above the 4037.47 level, representing the High from 16 March. The 4013.59 level provided some intraday technical Support during the Asian session, representing the 76.4% retracement of the recent 4037.47 – 3936.30 range. Technical Support is expected around 3938.66/ 3877.79/ 3763.33/ 3684.13/ 3620.14 with Stops expected below. Technical Resistance is expected around...

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IBM Announcement Pushes BTC And XLM

The markets have seen a small amount of positivity over the past few weeks, though when we say small, note that we do mean small. As it stands, the markets are still way down from the figures we witnessed this time last year, with no chance of a surge that will pull Bitcoin back to $20,000.00 expected anytime soon either. Earlier this week, IBM made a huge announcement with regards to their Blockchain World Wire Global Payment Network, an announcement that seems to have had a positive impact on Bitcoin and Stellar, though the rest of the markets have remained...

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