Last 48 Hours See Biggest Altcoin Rally In 9 Months But Bitcoin Still Ahead

Altcoins have been staging a significant rally against Bitcoin in the past couple of days. However, Bitcoin’s own gains in May mean they may have trouble maintaining the month’s positive historical trend. May Historically Altcoins’ Third Best Month Against Bitcoin According to figures from Binance Research, May has been a good month for altcoins, with an …

BitGo Announces New Settlement System for Institutional Clients

Blockchain security company BitGo is launching a new service for institutional clients: a clearing and settlements system that operates off-chain. BitGo announced this new service in a press release on May 14, 2019, describing some of the features that this new system will have. Assets “never need to leave custody,” according to the announcement, and …

Microsoft’s Blockchain Obsession, Including ID Push, Is Good for Bitcoin

By CCN: Does Microsoft consider blockchain to be the strongest technology in the world? Who knows, but they sure seem to recognize its growing mainstream status and view it as a potential moneymaker. The company recently announced that it would be building a decentralized identity (DID) network on top of the Bitcoin blockchain, the oldest …

Google Searches Scream ‘FOMO!’ as Bitcoin Tops $8,350

By CCN: Warren Buffett, the Oracle of Omaha, once gave some investing advice that is incredibly timely now that bitcoin (BTC/USD) skyrocketed to a fresh 2019 high of $8,350 on Coinbase: “To be a successful investor, you must divorce yourself from the fears and greed of the people around you.” The unexpected rally may not …

Microsoft Is Building an ID Verification Platform on Bitcoin

Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so. Its building on Bitcoin instead. Announced on May 13, 2019, Project ION is an open-source, Layer 2 network built out of the public key infrastructure protocol Sidetree. In practice, …